Thursday, November 04, 2010

No, Mitch. He needs to fail.

It seems that, like Obama, Mitch McConnell doesn't get it either. What is it? Is the air too thin in Washington? Why is it people don't get the Tuesday message?
    "Senate GOP Leader Mitch McConnell (Ky.) said Thursday he wants President Obama to “change,” not fail, and said Republicans will force him from office in 2012 if he does not. “I don’t want the president to fail, I want him to change,” McConnell said in remarks at the Heritage Foundation, a conservative think tank in Washington."
What good is a "changed" failure who doesn't know he failed? I do not want Obamacare, I do not want Cap and Tax which will further destroy the economy, I do not want a bazillion sneaky regulations brought to us by his appointed czars, I do not want more leftist, squishy judges on the Supreme Court. No, Obama needs to fail at trying to destroy our country. If it isn't too late.

After Bernanke's move this week--the additional $600 billion--I'm not sure any of it matters at this date. Hasn't anyone read what the Fed did in the 1920s which brought on the Great Depression? John Maynard Keynes who advocated "managed currency" and constant government interference neither foresaw that the Depression was coming, nor how long it would last.
    "A country that doesn’t understand its own history is not well equipped to deal with its future. The Great Depression was not a failure of the old order. It was the failure of the new order that had just begun. The Federal Reserve is the most powerful institution of a new order that believed in the efficacy of government and its ability to do good. The same Federal Reserve caused the Great Depression when its wise men made a series of cumulative mistakes that contracted the money supply by one-third and wiped out purchasing power in an unprecedented fashion." The Fed's Depression and the New Deal

1 comment:

Anonymous said...

A few years in Washington and brains turn to mush. Fumes?