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Market Watch Barack Obama Says Nothing Better Than Anyone Else
Market Watch Barack Obama Says Nothing Better Than Anyone Else 
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| Barack Obama Says Nothing Better Than Anyone Else |
| Saturday, 16 February 2008 | ||||||||
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“A democracy cannot exist as a permanent form of government. It can only exist until a majority of voters discover that they can vote themselves largess out of the public treasury.” - Alexander Tyler I went to an Obama rally the other day at the Baltimore Arena. I hadn’t seen this type of political theater in my 39 winters, and as I’m always looking for a new experience, I figured it would be fun. Besides, maybe I could pick up a trade on one of his giveaway proposals. And it was political theater. The 13,000 people stood on cue and chanted with gusto. For some reason, we had to wait for more than two hours before Obama showed up. The time was partially filled by a 12-year-old violin player, who did his best to pacify the crowd. The concession stand was open at this time with the regular prices. No one was handing out buttons or stickers -- I assume because Obama had Maryland in the bag. It is interesting to note that during all this waiting no one left. In fact, more people showed up. At a glance, the crowd was a mixture of upper- and middle-class African-Americans, young women and their boyfriends, and ex-hippy academic types. I didn’t see any of the 30 year-old-to-dead, white male demographic. Nor were there any obvious lunch-pail Democrats. Of course, it was 3:00 p.m. on a workday and Baltimore is 60% African-American with 100,000 college students. McCain was putting on show at the Naval Academy at the same time -- so that might explain it. I’ve found commonly sited figures that say Hillary Clinton has beaten Obama in the white male democrate category by at least 14 points on average. The people in front and beside me started conversations like you might have with other Americans in Goa, India -- just glad to find a friendly face. Of course those smiling faces turned into scowls when they discovered my opinions didn’t match their own. The Great Giveaway In many ways, I was reminded of an old Bill Clinton State of the Union Address. Clinton was fantastic at spotlighting victims like the mythical Molly Brown: … a poor woman who lost her job at the button factory after 27 years. She has diabetes and no heath insurance. Her son, Tom Brown, an Army Veteran lost both legs to an IED. He is now a heroin addict. That’s why I want to give $4,567.24 to every person, regardless of race, color, sex, male or female, tall or short – who has suffered in a way that makes an itemized list and can form a voting bloc due to their unique problem, however they must raise enough capital for me to win either Delaware or Rhode Island -- and not have an equal special interest group on the opposing side that is in the democratic camp. For example, unionized loggers -- we can’t help you. I don’t remember exactly what Obama was promising, but as I was adding up the free money for college, the tax beaks for those making under $70,000 a year, the giveaways for veterans and the elderly, free healthcare, including no deductibles and the free health insurance for those up to 25 years of age… It came out to roughly $25,000 per man, woman and child in this country. This is a nice number given that the average annual income in this country is $34,000. I can’t wait until I get my piece of the pie. I’m going to party like a FEMA debit-card holder at Rick’s Cabaret during an LSU/Saints double-header. But that was Bush’s fault as Obama pointed out, which is true enough.
It’s Only Money As of February 2008, the Federal debt stands at $79,000 per capita, that’s $9.2 trillion in total. But if you toss in such niceties as unfunded Medicare, Social Security and various other unpaid campaign promises -- the Federal debt climbs to $59.1 trillion. So, what’s another 25% to the liabilities column? That’s like going for the finished basement and the sun nook on a new house: What the heck… the ARM won’t readjust for five years, and by then the government will cut rates and save us. That of course begs the question: Who will save the government? You, me or the Dubai sovereign fund? Kind Regards, Chris Let Me Tell You Upfront: After years of vicious price gouging, Big Oil is set to make “reimbursement payments” that could help fund your retirement. Source : Fear and Greed This e-mail address is being protected from spam bots, you need JavaScript enabled to view it
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