It was announced today that the government's "Cash For Clunkers" program has, prematurely, run out of cash. The administration's spin doctors immediately went to work explaining that the untimely insolvency was due to the unanticipated popularity of the program.
This is, yet, another miscalculation by the administration. Remember Obama's promise that, if the stimulus bill passed, unemployment would not rise above 8%? Today it is, almost, 10%! Another miscalculation!
How many major miscalculations can the United States endure before it goes the way of the Cash For Clunkers program? If the hotly controversial Cap-And-Trade tax and the National Health Care program, now being considered, become law, we will all find out, first hand, what it is like to be an instantanneous debtor with an impossible debt load to manage.
As our taxes rise and inflation takes hold, Obama's promise NOT to raise taxes on those earning under $250,000 will ring hollow. He has already reneged on that promise by failing to veto the, recently enacted, Federal tobacco tax which doubled the price of tobacco products overnight. Regardless of your position on the evils of smoking, tobacco is a legal product and injesting it is a legal activity. The vilification of tobacco is merely a smoke screen to justify his breach of the public trust.
Unfortunately, enough of our fellow citizens bought the hype of the undefined "change" that Obama was selling. Only now is this "change" being revealed.
Miscalculation after miscalculation! It is now becoming clear that, if Obama gets what he wants, we had all better purchase lawn chairs. The wait outside of the Federal courthouses, for those seeking to file bankruptcy, will be a long one.
This is, yet, another miscalculation by the administration. Remember Obama's promise that, if the stimulus bill passed, unemployment would not rise above 8%? Today it is, almost, 10%! Another miscalculation!
How many major miscalculations can the United States endure before it goes the way of the Cash For Clunkers program? If the hotly controversial Cap-And-Trade tax and the National Health Care program, now being considered, become law, we will all find out, first hand, what it is like to be an instantanneous debtor with an impossible debt load to manage.
As our taxes rise and inflation takes hold, Obama's promise NOT to raise taxes on those earning under $250,000 will ring hollow. He has already reneged on that promise by failing to veto the, recently enacted, Federal tobacco tax which doubled the price of tobacco products overnight. Regardless of your position on the evils of smoking, tobacco is a legal product and injesting it is a legal activity. The vilification of tobacco is merely a smoke screen to justify his breach of the public trust.
Unfortunately, enough of our fellow citizens bought the hype of the undefined "change" that Obama was selling. Only now is this "change" being revealed.
Miscalculation after miscalculation! It is now becoming clear that, if Obama gets what he wants, we had all better purchase lawn chairs. The wait outside of the Federal courthouses, for those seeking to file bankruptcy, will be a long one.
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