Obama Wins:
With a very helpful Congress, Obama embarks on his socialistic economic plan. He gives the ‘95%’ taxpayers their tax cut: by getting twice as much out of the business, turning them into his tax collectors. Who turn around and have massive price increases and layoffs (Walmart does the first 6-digit layoffs and they essentially become Sack-N-Save). Other business, such as much of the surviving financial sector, will look over their new tax load and the cratered American economy, then start on the next logical outsourcing: corporate management and headquarters. Much of the top tier of management left at Citi, for example, would be as comfortable in Bombay as in New York. Oil outfits will end up headquartering in Dubai.
With the flight of large businesses that can flee and the collapse of those that can’t, Obama’s plans (whether he’s in office by then or not) accelerate the deficit, which is countered by printing money and a decade of 25% inflation. Finally, the country is essentially declared bankrupt globally and the Asian holders of the loans come to our grandchildren to write it off on the sale of one national asset; our oil shale and coal. Energy is then literally pumped out of this nation by Asia extraction methods, leaving a scared and drained country behind that makes Britain today look like a center of dynamic growth and innovation in comparison.
McCain wins:
The government can do nothing; because the Democrats in Congress have been rendered certifiably insane. Pelosi and Reid are shouted down by less rational voices. The financial sector tanks immediately with huge job losses. The brick and morter places are hurt but survive. The deficit continues to grow, although quite a bit slower without the cost of the social engineering programs. Politics gets down to the kind of chair-throwing stuff that has been seen in places like Taiwan.
But no acttion is taken and the deficits continues to expand. The corporations do start the corporate emigration overseas, but at a somewhat slower pace. The crisis point will be reached just as our great-grandchildren are starting to come online. It will be their legacy to watch the energy of this nation pumped away overseas.
Our grandchildren or our great-grandchildren: not much of a choice.
Filed under: Barack Obama, Democrats, Economics, Election 2008, John McCain, Politics, Republicans
Not bad for a libretto.
There was a guy named Paul Erdman who had a niche in the book market. Maybe you could replace him.
The problem isn’t just with government; it’s with the general public. And no one has guts to talk about that.
Glenn Beck hit the basic point last night: it seems that personal responsibility is a taboo topic.
The taboo topic is where is the personal responsibility of the crooked brokers and mortgage bankers?
Where are the indictments.
You want to talk personal responsibility when is comes to the general public, but avoid it when it comes to the predators that really caused the problem.
Oh, hell, it would be a waste of time. They would just plead entrapment and keep their ill gotten gains.
Where is Bush’s personal responsibility for 4,000 fine young Americans dead in Iraq? Are you howling for him to take personal responsibility. YOU ARE NOT.
Etc., ad nauseum.
GOP = Group Of Predators
Sorry, Jack; I didn’t see any bankers walking people in with a gun to their head, did you? You sign on the dotted line, you best know what you are signing on to.
4,180 fine Americans dead (each one a tragedy); 20 million Iraqis freed.
As for predators: Obama, Dodd and Frank all took big money (or literally slept with) your ‘predators’. Hardly just the GOP here; in fact, the Dems have raked in even more money the the GOP from your ‘predators’ over all.
Mike, you are claiming that robbery with a gun is bad, but robbery with clever paperwork is just good business.
That is despicable.
I guess if I put a fancily worded document in front of you that, in technical language, assigned your vot to John McCain for the next 30 years, you’d just have to sign it because you couldn’t help yourself; right, Jack?
You can only protect people from their own stupidity up to a point and then you let them learn their lesson the hard way. Capitalism only works if utter failure is punished, both at the low and the high end; we have neither going on.
Buy the house with 5% down that costs more than 3 years combined salary with a variable rate loan, get a second mortgage to pay off credit card debt, then run up the credit card debt again deep into 5 digits; these are acts of gross financial stupidity that have occurred over and over and over again.
The free ride is either over now and people will relearn to save now to buy later, or there will be nothing left of this country for the next generations. Punishing those of us who practiced that by making us pay for those at both ends who didn’t, is the wrong lesson.
Death by Plastic will be our national epitaph.
“you let them learn their lesson the hard way.” by defrauding them? Punish the failure and not the fraud?
“gross financial stupidity that have occurred over and over and over again.” Driven by a predatory mindset of gross financial cupidity.
“Punishing those of us who practiced that” is only simple justice.
It is noted that you have/had an association with the bank that set up a computer program to steal – there is no other correct word for it – from their customers.
Did Citi corrupt you or was it vice versa?
[...] But don’t worry: that coal will eventually be mined- as I predicted before. [...]
Might I add, you conveniently ignore the fact that Bush and the Republicans drove the country into an enormous pile of debt as well. Spending outrageous sums on war and cutting taxes is the same sort of irresponsible behavior you’re talking about, but I guess it’s alot better than diplomacy, right? Who ever got anything accomplished by talking, anyway? Stupid eggheads.
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