Wednesday, January 27, 2010

I'm Afraid The President's Speech Tonight Will Only Make Things Worse.....

Our president is a shameless class warrior, pandering to a select few. I am coming to understand this president. I think he, in actuality, believes that if the stock market isn't coming down, then he isn't doing his job of helping the downtrodden, the sick, the huddled masses yearning to breathe free. It's a barometer of failure for him if he inspires higher stock prices, because those accrue to the rich, not the poor.

I wonder whether he has a trader tax up his sleeve, or a radical raising of capital gains taxes....

Maybe he means well; maybe he doesn't. Maybe he's just as stupid as Jimmy Carter was. Maybe he believes that the average person does not have much on the line with the stock market. I believe he doesn't understand -- as no one in the public sector all of his life should understand -- that the average working person uses stocks to save for retirement and to put kids through school.

A win for "Wall Street" is a loss for this president. And a loss for millions of us as well.

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