President Obama has unveiled his fiscal plan and it is the biggest stinker in the history of stinkery.
The US is clearly heading for a depression, with a D, and not recession under the Obama plan.
When Jim "Under Obama we'll have a recession, under McCain we'll have a depression" Cramer comes out and states that he's never seen such wealth destruction by a US government ever, "Their agenda is destroying the life savings of millions of Americans..." and "...the market is totally falling apart and his agenda has a big hand in that happening" then you know that things have gone badly awry.
I have made the statement before that I don't believe that John McCain, had he won the presidency, would have been much more effective than Barack Obama. He might not have spent as much and he would have been a bit more strident on staying in Iraq but I don't see him as a business tax cutter given how often he's chosen the popular position and poked his own party in the eye.
The interesting question is what would Hillary have done if she had won the Democrat primary and the subsequent election?
If there has ever been a family more concerned with maintaining their popularity than the Clintons then I'm yet to see one strut the world's political stage.
Would Hillary have had the wit to understand that her legacy depended on the action she took as soon as she was sworn in?
There's no doubt that she would have.
Would she have allowed the two lunatics who lead congress and the senate to have come up with the greatest threat to America's economic future since its inception in the form of the stimulus bill?
The Devil would be skating to work before that happened...
Would she have showered her friends with manna from heaven at the expense of US taxpayers?
No doubt about it but as I've always said - give me a competent crook over an incompetent ideologue every time.
Only give weeks into his presidency and it's clear that Obama is in the latter category.
One day we might look back and wish that she had won, which is an amazing thing to admit.