With fifty three House members demanding that Obama answer questions about the lethal, ham handed disaster in Benghazi and the equally bungled cover-up, do not expect a sudden flowering of bipartisan harmony.
Especially since the likes of Russian President Vladimir Putin have expressed happiness at Obama’s reelection. America will now find out what “more flexibility” means.
In the wake of Obama’s re-election, stocks nosedived across the board Wednesday morning, plunging over three hundred points. Worries about the pending “fiscal cliff” and fears that America will follow Europe over the precipice chilled investments. The Dow traded under 13,000. For the first time since early September the S&P 500 fell below 1,400.
Fears that Obama will introduce a carbon tax as a way to cut the U.S. budget deficit also frosted Wall Street. With the continuation of Obama’s hostile energy policies, perceptions that such a tax will have a major impact on America’s deficit are largely based on European style speculative wishful thinking.
Obama will attempt to reinstate Clinton-era tax rates on Americans who run small businesses; those described by Obama as “not paying their fair share”. Without the development of America’s domestic energy, a move that would create millions of jobs that could not possibly be shipped overseas, there is no reason to anticipate an economic boom in the United States. Without such a boom, Clinton-era tax rates will simply dampen investment, destroy small businesses and further damage the American economy.
The government’s $16 trillion debt and the looming $600 billion tax increase scheduled, along with mandatory spending cuts, otherwise known as the “fiscal cliff” further complicate the economic outlook.
Americans can fully expect that Obama’s second-term will lead to increased federal spending. As he did in his first term, Obama will expand government. Because he remains in the White House and “progressives” retain control of the Senate, obamacare will be fully implemented, yet another wet blanket on the economy, as well as a death sentence for aging Americans.
Welcome to the divided States of America.
While “progressives” celebrate a continuation of the downhill fundamental transformation of America from a Constitutional Republic into a run of the mill low growth high unemployment European style cradle to grave nanny state, half of the American population remain fully opposed to such plans.
As founded, America is the greatest nation in the history of the world. America’s founding principles and the up to then unknown personal freedoms and liberties they unleashed are being replaced by the enticement of entitlements and empty promises of a free lunch. Without America’s founding principles leading the free world, mankind stands at the precipice of a thousand years of darkness.
Those who believe in American principles must continue to stand up and push back against the anti-growth, anti-prosperity, anti-morality, anti-God, anti-American agenda of “progressives”.
In 1776 George Washington’s Continental Army lost the battle for New York City. The year 1777 saw the loss of Philadelphia. In 1779-1780, his undermanned, underfunded, and underequipped army suffered greatly and shied away from major battles. It was not until the victory at Yorktown in 1781 that victory was achieved and Britain recognized the independence of the United States.
For Americans, this is today’s Valley Forge. The outlook is bleak and victory seems beyond grasp.
The choices are to give up or continue the fight.
In December 1944 during the battle of the bulge Brigadier General McAuliffe and his battalion were besieged within the city of Bastogne. German General Heinrich Freiherr von Lüttwitz gave McAuliffe two hours to surrender the town.
What was McAuliffe’s response?
To the German Commander: NUTS!
Today, in response to the smug, holier than thou attitude of the self-imagined, self-appointed members of the institutionalized “progressive” intellectual elite, there is no better response.Subscribe to our Morning Briefing and get the news delivered to your inbox before breakfast!