Freedom For You

I want this blog to be a modern Magna Carta, from the 1215 event which gave some rights to individuals.

Thursday, February 14, 2008

Barrack Obama's Ecomomic Plan

"Economics is the great brick wall; a thousand feet thick, that limits the maniacal dreams, benevolent or malevolent, of the political imagination." Lew Rockwell

Barrack Obama says he wants to spend 200 billion over the next ten years to create new jobs. I did not know Obama was that wealthy. I suspect he plans on taking your money, and spending it on projects that will help his contributors. I suspect one of his contributors would be the National Asphalt Pavement Association. http://www.hotmix.org/

Obama will make the people think HE can actually create jobs. No one will think that you can create jobs by spending your own money on things that are important to you. Why should some politician decide what is important to you?

Obama says his plan will create two million new jobs. What he fails to say is his plan will also create inflation, thus lowering the standard of living for millions of retirees. It will raise the price of homes, which will then cause a hue and cry from politicians and humanitarians that we need to build more "affordable" housing.

The unemployment rate in Dec 2007 was 5.0%. http://www.miseryindex.us/urbymonth.asp Economic theorists say when unemployment decreases, interest rates and inflation increase.

Never doubt for whom the government bells toll. They toll for thee.

Charles Tolleson

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