Monday, July 06, 2009

Debt the Next National Crisis

Honduras continues to slide towards instability, thanks to support for would-be dictator Manuel Zelaya from people like Hugo Chavez, Fidel Castro, Daniel Ortega, Barack Obama, the United Nations and the Organization of American states.

 

Israel got some support over the weekend for the idea of a bombing run on Iran's nuclear facilities from Saudi Arabia and even Clown Prince Vice President Joe Biden.

 

Biden also told Iraq that it's not too late for the United States to give up on their country.

 

North Korea test-fired seven missiles on Saturday, and now President Obama and Russian President Dmitry Medvedev are talking about reducing the size of our nuclear stockpiles.

 

As the cap-and-tax bill heads to the Senate, people are still finding interesting little tidbits in the bill, like the fact that they take 14 pages to detail the plans for planting trees.  It turns out that the bill would only decrease global temperatures by a tenth of a degree over the next 100 years.  Already in Missouri people are going to be charged more for using less energy.  All of this as New York City has its coolest June since 1958.  The United Kingdom is creating something that will be coming to the United States soon:  the "green police."

 

The next crisis may be the rising national debt.  This would be a much more difficult crisis to grow government to respond to.  The results could be doubling long-term interest rates and another recession.  Somebody break out the Misery Index again; Obama really is becoming the second Carter administration.  Hopefully the problems in California will derail any of Obama's other ideas for growing government.

 

Colin Powell says that Obama is trying to do too much and defended Sonia Sotomayor for ruling against the white firefighters.  Why does this guy have even a shred of credibility left after endorsing Obama for the color of his skin?

 

In response to questions on the effectiveness of the "stimulus" the Clown Prince said that everybody "misread the economy."  At least they're now admitting incompetence.

 

Fred Barnes says that Obama has brought about "crony capitalism," in which the businesses that get ahead are the ones with the best political connections.

 

Rep. Peter King (R-NY) called Michael Jackson a "pervert," a "child molester," and a "pedophile."  It's about time somebody did.

 

The University of Georgia is going to pay two fraternities $2.4 million to move to off-campus houses.  That's your tax dollars at work, in a year when the state has to cut back.

Here's a shocker:  members of the General Assembly don't want to be seen as making cuts to the budget.  Remember, every dollar spent has a constituency that some member doesn't want to anger.

 

Local businessman Mike Daley announced Saturday that he will run for Warner Robins City Council.

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