The Economy under leftist tutelage is going down like a rock. No shock to me. When you take from the producers and give to the non-producers this is what happens. California is a microcosm of what is to come for the federal government, a mess so severe that it will take years for them to get it back to running order there. The federal government's mess is going to hurt worse. Obama in his power grab socialization is not only going to bankrupt us but he is also going to kill the value of the dollar and more than likely destroy our bond rating. We cannot have trillion dollar deficits for the next 10 years. It isn't going to happen. We won't be able to pay it back and countries that buy our bonds(debt) are going to stop buying them. For the life of me I don't know how he and the rest of the Axis of Morons, Reid and Pelosi think they can keep this up. They are either monumentally stupid or driven by hard core ideology without regard for the consequences. Either way this is all going to fail.

     The only way, and I mean the only way to get the economy rolling again is to restore investor and consumer confidence. How do you do that you ask. You do that by getting out of their way and letting them make money. When people make money they invest more and they buy more which in turn creates jobs and more money it's a wonderful little cycle that works great as long as government leaves it alone. We are all investors in one way or another, with 401k plans, IRA's etc. We are all workers and consumers as well. When people are afraid of working hard only for the government to redistribute it, they don't spend and they don't invest which in the end makes for less government revenue as well. Ideology aside, see how the stupid part comes in for them? Obama and his wonder team from the haters in Chicago are perpetuating this recession and the idiots in Congress are the ones that caused this recession. GM and Chrysler now government owned are doomed to fail just like Fannie Mae and Freddie Mac (mortgage lenders owned by the government). Fannie Mae and Freddie Mac were ordered to give mortgages to people that were not credit worthy enough in the private sector creating the "subprime" mortgage market. That is what started the bank failures and this recession when these people and others defaulted. Another factor was the federal reserve keeping rates low which caused the bubble to burst. Some people bought 4 or 5 houses to rent out before defaulting on them.

     There is good news though. Obama is not going to fix the economy and that means that Conservatives will be elected. Conservatives know that cutting taxes and deregulating are the only way to stimulate the economy and restore investor and consumer confidence. In the meantime it would behoove all of us not to buy from government businesses as to not help fund our recession. I am hoping that the S.S. Obama lands on the same Gilligan's Island that the S.S. Carter landed in 1980, shipwrecked and far far away from us.