The Party of No

While Wall Street and virtually all economists not on Obama's payroll understand the depth and breath of the onrushing governmental spending disaster, it will well beyond the grasp of most ordinary Americans. Trillions of dollars. We can't even begin to understand numbers that large.
Sadly, it's well beyond the grasp of most politicians in Washington, too.

The Washington Dems are trying to blame the whole thing on previous administration, normally a foolproof strategy good for the first couple of years of any new administration. Unfortunately, in this case, such an argument doesn't stand up to even the most cursory analysis. Compared to Obama's spending, Bush was a rank amateur. Actually Bush was a rank amateur in most areas of government, but I digress.

While Dems love to point a finger at the cost of the war in Iraq or the so-called tax breaks for the rich to explain the deficit, Barack Obama has done more damage in two short weeks than Bush did in eight long years. The chart below says it all.

We are in the process of creating an unpayable debt. And inflation is just months away. The complete default of the United States is clearly on the horizon.

How Nancy Pelosi could propose an 8% increase in spending in this recession is beyond all comprehension. That she did it on top of $800 billion in new spending, not so cleverly disguised as a "stimulus package," is stunning. If only anything passed earlier was actually a stimulus, we might have a prayer. It wasn't and we don't.

Just read some of the analysis dominating the nation's newspapers and economic journals.

Reuters reports Obama budget plan forecasts $1.75 trillion deficit. "An eye-popping $1.75 trillion deficit for the 2009 fiscal year is projected in Obama's first budget. That is equal to 12.3 percent of U.S. gross domestic product."

ABC News points out that Obama is planning the largest tax increase in US history: Almost $1 Trillion in New Taxes Over Next 10 yrs, Starting 2011. "President Obama's budget proposes $989 billion in new taxes over the course of the next 10 years, starting fiscal year 2011, most of which are tax increases on individuals."

While the President attempts to aim tax increases toward the highest wage earners, the facts simply prove his oft stated plan cannot possibly raise the needed revenue to offset his massive spending plan. In a detailed analysis, The Wall Street Journal shows that even if Obama taxed this top 2% of wage earners at 100% of income, he would still fall trillions short of the revenue needed. The 2% Illusion shows the complete fallacy of Obama's tax the rich scheme.

"But let's not stop at a 42% top rate; as a thought experiment, let's go all the way. A tax policy that confiscated 100% of the taxable income of everyone in America earning over $500,000 in 2006 would only have given Congress an extra $1.3 trillion in revenue. That's less than half the 2006 federal budget of $2.7 trillion and looks tiny compared to the more than $4 trillion Congress will spend in fiscal 2010. Even taking every taxable "dime" of everyone earning more than $75,000 in 2006 would have barely yielded enough to cover that $4 trillion."

Tragically Obama's may well hit the lower and middle classes hardest of all. Since it is simply impossible to tax the rich enough to cover the deficit, hidden taxes on energy that hit the poor the very hardest will make up a huge part of the shortfall.

What Obama's plan does do is tax small business into oblivion. Virtually every small business will be really hurt by Obama's announced tax plan. Instead of helping the economy, these taxes will lead to massive unemployment. What Obama fails to announce is virtually all small businesses fall under his tax increase plans. The ABC Analysis covers the tax increases on business.

In order to sell this insane plan in congress, Dems are designing the fight as Class Warfare. While John Kerry fired the first salvo yesterday, the demonization of the rich and corporations isn't lost on the Associated Press who detail it today's article, Obama plan brings cries of class warfare.

While Democrats are calling the Republicans the "Party of No," a resounding "NO" is exactly what is needed if we are to save our economy and, ultimately, our country. Sadly, it will require Democrats to wake up and show some sense and demand economic realism and restraint from the Democrat leadership and the tragically naive President Obama.

Senator Kerry's Class Warfare

Today is yet another day I am so grateful the Senator John Kerry was never elected President. This man is an idiot. And he is damned dangerous, too.

Today Kerry introduced a bill to regulate the behavior of companies that received TARP money. Experts say the bill is so vapid and unconstitutional that it could never be enforced and would never stand a court challenge.

Trust me when I tell you Kerry doesn't give a rat's ass. He isn't trying to solve any problem, real or imaginary. He is simply trying to grandstand and get his 15 minutes of fame, by inciting class warfare between those he hopes to keep forever poor and those he can demonize for their success.

Keep in mind that, through marriage, Kerry is one of the wealthiest men on earth. While he wants to demonize a company that has achieved tremendous financial success, earned a fair profit and rewards their employees magnificently, he would never stand for anyone curtailing his right to spend his vast fortune in any way he wanted.

So while Kerry will continue to attend all the Golf Tournaments and Sheryl Crow concerts he desires, he wants to insure your employer won't reward your performance with tickets to a similar venue.

Oh, and coincidentally, Kerry wants to end the very marketing strategies that propelled Northern Trust Corp. to its astonishing success.

Frankly, Northern Trust's annual golf tournament, the Northern Trust Open, at the Riviera Country Club in Pacific Palisades, California. has done more to actually stimulate the economy that the trillion dollar Obama/Pelosi/Reid Stimulus bill will ever do. By the way, for all my golfing fans, the tournament was won by Phil Mickelson.

Hotels were filled and employees were paid with real wages and real jobs. Restaurants were filled to overflowing, rewarding workers, chefs, waiters, waitresses and even dishwashers. Television and sports networks employed hundreds. The flow of cash goes on and on. And not one single penny of taxpayer money was used. Instead millions of dollars of tax revenue was generated for the local, state and national government.

But hell, if tax money had been used, Northern Trust should have been congratulated, not condemned. We wanted banks to use the TARP money to improve the economy, not just sit on the cash.

Northern Trust stated their position with clarity and eloquence:

"Questions have been raised regarding Northern Trust's sponsorship of the Northern Trust Open, a PGA event that has raised millions of dollars for charities, along with client-focused events. As economies worldwide are attempting to rise above current difficulties, it is important for healthy banks like Northern Trust to continue to invest in our clients and the communities we serve."

By inciting class warfare, Kerry actually insures that everybody loses. And that is exactly what Kerry wants.

Barack Obama's Vision

This is exceptionally short entry just to add my voice to the overwhelming approval the President has received for his speech last night. Barack Obama did a masterful job. He was articulate and inspiring. One poll I saw this morning on MSNBC indicated his post speech approval rating jumped to 80%.

Taking a step back and looking at the scope of his vision for America, I cannot disagree with him on anything. He has my support on every single proposal.

Of course the devil is in the details and those details will take do time to develop. And Obama still runs the risk that Nancy Pelosi will circumvent his vision and replace it with a pale partisan version of her own.

Already there is one rather horrific note to indicate politics as usual will actually hold sway in Washington. Obama "promised" that "next year" there would be "no earmarks in the omnibus spending bill." He cleverly omitted that promise for this year's bill. The Pelosi authored spending bill being introduced tomorrow contains over 8,000 pork laden earmarks, some so stupefyingly wasteful they defy belief.

As I said, the devil is in the details.

Unfortunately, I heard absolutely nothing from Louisiana Governor Bobby Jindal to inspire me. His bizarre partisan pandering seemed small, petty and out of place. He did not represent the Republican Party well. But Jindal was just the sideshow, Obama was the star.

It's Not Morning In America, Part 2

It was good to hear former President Bill Clinton echo my earlier observation that President Obama is too terribly negative in his speeches and conversations with the American people. President Obama is very articulate, but he is not inspirational.

I believe our President is doing everything he can to help the economy and the country. He seems to be working at breakneck speed and with great organization and effort. But his efforts seem to lack optimism or, in the iconic single word symbol of his campaign, "Hope."

Bill Clinton makes exactly the same observation in his interview on ABC NEWS:

"I like [that President Obama is] trying to educate the American people about the dimensions and scope of this economic crisis," Clinton said. "I just would like him to end by saying that he is hopeful and completely convinced we're gonna come through this." "I think you will see some good economic news from the stimulus fairly soon," Clinton said. "I think you'll start to see people express gratitude for getting the unemployment benefits, the tax cuts and the food stamps. And you'll see the money flowing through the economy. Then I think you'll see every state be able to quantify how much better shape they're in, because of the education and health money."

I made the point earlier that a huge part of President Reagan's success in pulling America out of the economic mess at the end of the Carter era was Reagan's electric optimism. We all believed it was "Morning in America."

This doesn't mean you sugar coat the facts. But Obama is now slipping in the polls (down 9 percentage points in one month) and support for his stimulus package has now fallen below 50%. Now there are some very serious problems with the stimulus plan, as I've discussed in several recent posts and will discuss further in the future.

But President Obama can start to improve both his ratings and his efforts by following the advice offered by Clinton, one of the finest communicators in recent times.

How Did This Happen? What Do we Do Now?

Tomorrow Barack Obama will sign the Economic Stimulus Plan into law. This day will long be remembered by economists as the beginning of the end. Not the end of this recession, but the end of the United States as a powerhouse economic engine.

Years from now economists and politicians will look back and wonder "How could this possibly happen?" There were no economic conditions that warranted this type of insane deficit spending. The question will be "How could have our elected representatives been stampeded into taking such self destructive action?"

"How were our representatives tricked into doubling the deficit by passing a bill not one of them ever read?"

We are undoubtedly headed into a major depression that will be combined with massive inflation. In two to three short years, once the major tax hikes already written into law take effect (the expiration of the Bush tax cuts), the economy might will totally self destruct.

The packages extremely minor tax cuts (a 13 dollar a month joke, really) will expire after a few months, not that they will help stimulate the economy. But the insane deficit spending will just be ramping up. Much of this spending will create no jobs.

Unemployment will go well into double digits and inflation will follow, basically destroying the working economy.

What can we do now? Well, economists are beginning to speak up. The alarm bells are sounding. Contact your Senators and Congress persons. We will need to return to spending sanity. And we need real tax cuts that will spur permanent private sector jobs. These will not need to be costly.

Fixing this Stimulus Package error, made on the spur of the moment and without any thought or consideration of its impact, will take many years of tough effort to correct.

It's Not Morning In America

Have you noticed how very pessimistic and negative Barack Obama has become? President Obama is forecasting a longer and longer recession and distant recovery. He is not upbeat. He is not optimistic. He is depressed.

Compare his slow, deliberate and leaden speeches with the buoyant optimism of Ronald Reagan in his first few days as President. It really was "morning in America" and the public found Reagan's optimism was contagious.

This was President Obama just yesterday, "This recession might linger for years. Our economy will lose 5 million more jobs. Unemployment will approach double digits. Our nation will sink deeper into a crisis that, at some point, we may not be able to reverse."

Many in the retail sector (where most of my personal contacts work) are really complaining about Obama "talking down" the economy. They feel Obama is not just forecasting the coming depression, he is actually making it much worse.

I have to agree.

This afternoon the House passed the completely partisan Pelosi and Reid Stimulus Package. It is a real shame that President Obama failed to properly oversee and guide this bill. The package will do a lot of things, but it's not going to "stimulate" the economy. This mess of a pork laden goulash of a bill will not help us to recover from the current recession and, frankly, Barack Obama and his advisers know this all too well.

He dare not speak optimistically, because there is not hope on the horizon. Nor was there any change in the bills development.

Nancy Pelosi, the worst elected governmental officer in the entire history of the United States, effectively killed bi-partisanship by all herself. Not one single Republican voted for her rat (err, mouse) infested stimulus bill. And not one should have voted for it. First, it is morally and ethically wrong to vote for a bill that will damage and perhaps destroy the United States. Second, if Pelosi is bound and determined to exclude all Republican ideas and voices from the development of the bill, she deserves no support.

As a Democrat I am repulsed by Pelosi and her heavy handed and light headed power grab. With supporters like Pelosi, President Obama doesn't need enemies.

Barring a much needed miracle, the pseudo stimulus bill will now pass the Senate. But Republicans will put up a good fight.

But there will be no moral victory for the Republicans. When the country is in ruins and unemployment and inflation reach double digits, there will be no joy in saying ,"I told you so."

Barack Obama is our president and he deserves our support and loyalty. He will need to support of every American to cope and cure the damage this bill will do to our country.

The Long and Slow Slide Into Depression

Between the Senate vote to approve their version so-called stimulus package and Treasury Secretary Timothy Geithner's strangely panicked yet vague bank Rescue Plan pronouncements, the stock market is crashing, now down over 400 points.

Watching President Obama and Secretary Geithner and Senate and Representative Leaders mapping out a multi-pronged governmental approach virtually identical to the actions that led to the 1930's Great Depression is genuinely a terrifying experience. I picked a really poor day to stay at home.

The news reports are restrained (read Five Reasons the Markets Don't Like the Bank Bailout)when compared to the discussions I've had with financial experts behind the scenes. The panic is real. And the markets show it.

The government cannot spend their way out of this crisis. In fact, the more the government spends, the deeper and longer the crisis will last. Geithner's signals of future bailouts really terrifies virtually every economist not on the administration's payroll.

Famed investor and global economic analyst Jim Rogers predicts Government Bonds May Be Last Bubble. If he is even partially right, it would mean the collapse of the United States.

Investors will have to short government bonds at some point despite their current attraction, as the amount of debt issued is "staggering" and inflation risks are down the road, Jim Rogers, CEO of Jim Rogers Holdings, told CNBC Tuesday. "I'm buying gold just because I'm periodically buying gold, because I do expect it to be much higher over the next decade," Rogers said, adding that history has never seen all major central banks printing money "as fast as they can" at the same time. "I know we're going to have serious inflation down the road," Rogers said.

Rogers is right. We are not going to be able to finance this level of national dept. In effect, the government is merely printing money and massive inflation is absolutely guaranteed. Rogers is wise to signal a move to buy more gold.

I believe we really must defeat the massive inflation package masquerading as a stimulus plan. Once again I suggest you call your Representative and Senator. Tell them to delay or vote against the Stimulus Package. We need Democrats to break with the President and vote with the Republicans. That is damned tough for them to do, but our very future depends on it.

Then we must demand a whole lot more from President Obama and Treasury Secretary Geithner.

It Will Take Great Courage......

This is probably the worst bill that has been put forward since the 1930s. I don't know what to say. I mean it's wasting a tremendous amount of money. It has some simplistic theory that I don't think will work, so I don't think the expenditure stuff is going to have the intended effect. I don't think it will expand the economy. And the tax cutting isn't really geared toward incentives. It's not really geared to lowering tax rates; it's more along the lines of throwing money at people. On both sides I think it's garbage. So in terms of balance between the two it doesn't really matter that much. Harvard Economist Dr. Robert Barro

The left wing Progressives and Democrat Party partisans have to decided to brand the Republicans who dare to oppose the Stimulus Bill as "do nothings," bankrupt of ideas and devoid of plans. In a coordinated and choreographed attack almost every Democrat blog and commentator is repeating this obviously false mantra. It's a lie of gigantic proportions, though not as gigantic as the pseudo-stimulus package about to muscle its way through Congress.

Rejecting a bad, bad bill is hardly the same as rejecting the need to solve a very real problem. Republicans put forth a good many ideas and plans, not one of which was ever considered, let alone included, by a totally partisan Democrat majority who refused to allow a single Republican to assist in crafting the bill.

I hate to see the majority of liberal bloggers resort to a complete and utter lie to force through a poorly crafted spending and tax rebate package that will ultimately do much more harm than good.

Under this whithering attack it will be even more difficult for Republicans to do what is needed, let alone attract thinking Democrats to their cause. Never-the-less this plan must be rejected by Congress and the planners must return to the drawing bard for a fresh and totally bi-partisan approach. It's not likely to happen.

Rick Moran echos my analysis. In his article THE STIMULUS SHOULD GO BACK TO THE DRAWING BOARD, Moran states,

The chances of deep sixing the stimulus monstrosity and starting over again are as near to absolute zero as you can get in politics. The reputations of Speaker Pelosi, Harry Reid, and the president himself are on the line and a defeat of the conference report in the senate (still a possibility after the House tries to restore many of the cuts made by the senate), would be very damaging to that triumvirate, especially the president. But if ever there were a case where the leaders of the Democratic party should swallow their pride and take the hit on their credibility by tearing up this piece of legislation and starting over, this is it. Not much of a chance of that happening what with Obama going on national TV tonight and a cloture vote scheduled in the senate tomorrow. So Obama will probably ratchet up the fear mongering to heights not seen since Democrats ran commercials accusing Republicans of wanting to kill poor children and force old people to eat dog food. It is one thing to tell us the truth about our dire economic straits. It is quite another to try and make people believe that only by passing his $900 billion panic panacea will we avoid “catastrophe.”

Everybody Calm Down.

I am deeply concerned about the hyperventilating in Washington and among certain portions of the media over the Senate deliberations on the Economic Stimulus Package. And I'm worried most about President Barack Obama.

We are in way too big of a hurry to pass what could be a disastrous bill. Obama and a small but influential part of the media is applying massive pressure to pass the bill today. This simply must not happen. In fact, the entire bill should probably be scrapped.

Many, if not most, economists are really concerned that this massive spending package, the largest in the entire history of the nation, will doom our economy into hyper inflation and ultimate collapse. Even the bi-partisan Congressional Budget Office is screaming at the top of their collective lungs that we are about to make a serious mistake.

I'm afraid no one is listening.

What concerns me most is that Barack Obama seems to be panicking. His lack of experience and lack of knowledge is starting to show. Obama sees this crisis as his 9/11 and he his not handling it well. And it's not 9/11 either. It's a slow burn and everyone needs to calm down, study the extent and nature of the fire and then plan a coordinated effort to fight it.

Barack Obama is our President and he deserves all of our help and support. But part of that support and help is the necessity that we help our Senators and Representatives to slow down and really consider the impact of this massive spending bill.

This is not play money. We will borrow it in order to make these expenditures and it will add to our national debt.

The efforts of the bi-partisan groups of Senators now trying to forge a package is a good start. But even more analysis needs to be done before we mortgage our future.

"Desperate always reaps stupid." Dave Ramsey

I urge you to call your Senator today (the switchboards are very busy) and urge a delay, or at least a reduction, of the Stimulus Package. Every bit of contact information you might ever need to reach your Senator is here. I apologize for this "conservative" link, but it is the best and most comprehensive list I've ever seen.

More food for thought: Mitt Romney: Stimulate the economy, not government

If U Seek Amy

There is something terribly wrong with our liberal agenda. I can feel it. Perhaps I might even be able to articulate it. But I don't have the slightest clue as to what to do about it. And I believe many other liberals feel the same way.

We are able to stand and fight with great passion, courage and an unyielding sense of right and wrong for environmental issues. We see our planet in peril and we know we must defend her. The facts, the statistics and the scientists help us and solidify our arguments, but our hearts tell us we must do what is right.

We are able to stand and fight with great passion, courage and an unyielding sense of right and wrong for civil rights and the rights of minorities. There is no doubt in our minds or hearts. Equal pay for men, women, minorities. Equal protection under the law. We are on rock solid ground.

Our instincts are keen. We rebel instinctively against any attack on our basic rights. Freedom of Speech is one of our most sacred rights. Sexual freedom is another. The right of a woman to control her body, her future and her destiny are beyond debate.

So when the Southern Baptists and the censorship fanatic Parents Television Council and several other conservative groups launch a very public and well coordinated attack aimed at these rights, we react instinctively.

Except.... Today's target is Britney Spears, an easy target if there ever was one. Spears is having one sensational comeback. God knows she had hit the lowest depths. She had no where to go but up. Her new album Circus is topping every chart. Her first two singles off that album, Circus and Womanizer, are super hits. You can hear them on virtually every pop and adult contemporary radio station in America.

The problem arises with the record companies decision to release the third single from the album, the obviously suggestive "If U Seek Amy." Let's let Southern Baptist Kelly Boggs tell the story:

"If U Seek Amy," is offensive, inane as well as immature. This means with the state of American popular culture one step below the gutter the song likely will be a success. Only a week after it hit American radio it is already 92 on Billboard Magazine's Hot 100 chart. While it is true that lyrical depth has never been a feature of American pop music, Spears' "Amy" scrapes the bottom of the barrel. In fact, it seems as if the song's only purpose is to provide the framework for a refrain that is on par with the worst lyrics found in rap music. The lyrics of the refrain are: "But all of the boys and all of the girls are begging me to if you seek Amy." The fact that the written lyric makes no sense is really not the problem. Quite a few rock song lyrics have not made much sense. However, what Spears does phonetically when she sings the song makes all the difference. When listing to the song, there is no doubt she is spelling out one of the most offensive words in the English language.

If U Seek Amy = F-U-C-K Me.

Cute. Actually, it is cute. And I strongly disagree with Boggs analysis of the song. It's the strongest song on the album. If kids (or anyone) really listens to the song and lyrics it is really about a person longing for an unattainable icon. It is a story of a tragically overinflated ego. But few people will ever submit this song to this type of analysis. For one reason the song is fun and catchy, fast and danceable. It is going to be a huge hit at clubs.

But what about our teens and pre-teens? As this hits radio stations, what messages are we sending? One reviewer, who I won't bother to link because he is a compete idiot, claimed that young listeners would never pick up on the double entendre. Instead I'll quote a young lady named Cassie who added this comment to a lyrics site:

*snort* I love this song. My mum still doesn’t get it, so lets me listen to it when I’m driving my grandmother to work. My school played it at a dance. Thank you Brit for being tongue-in-cheek. It lets us pull one over on my school and my mother. I O U 1

Don't ever underestimate our children. They get it. The current efforts to play a "censored version" are certainly not going to accomplish a thing. For one thing the song is all over "You Tube." It's spreading like wildfire.

But back to my question. What messages are we sending to our young teens and pre-teens? Read this cautionary essay written for the UK Daily Mail by Olivia Lichtenstein, "How the faceless and amoral world of cyberspace has created a deeply disturbing... generation SEX"

Remember that Hilaire Belloc cautionary tale - Matilda told such dreadful lies, it made one gasp and stretch one’s eyes? I used to love it as a child when telling lies was one of the naughtiest things you could do: Matilda ended up getting burned to death. These days, however, everything has changed and it’s the truths that children tell that make one gasp and stretch one’s eyes. A couple of years ago, my daughter Francesca, then aged 13, told me about a party she had been to one Saturday night. In the course of the evening, she came upon one of her friends, also aged 13, performing oral sex on a boy in the garden. The boy was standing and videoing the event on his mobile phone. I apologise for shocking you, but then there are a number of things shocking about this event: the casual nature in which such an intimate act is performed in public, the young age of the participants and last, but by no means least, the fact that it is being filmed.

How do we, as liberals, handle this continuous onslaught of sex and sexual message directly at our teens and preteens? Do we join the conservative outraged parents in Australia and America are demanding radio stations stop playing the song? **

If not, what message are we sending? Can this problem be fixed? How? You realize it's not just this one song.

I hope you will all discuss this issue in the comments section.

**Additional link: MUCH MUSIC: Racy Brit Song Angers Parents

Victory in Iraq

Today is perhaps the most important day in modern Iraqi history. The regional elections, being held completely under the control and supervision of the Iraqi government, military and police without even a hint of American military involvement, represents a huge victory for the Iraqi government, the Iraqi people and the American led coalition that shepherded in the peace and security that allows Iraq to be only the second true democracy in the middle east.

And yes, President Bush also deserves a great deal of credit for the current stability and peace in Iraq. It is his victory, too. His vision and strength (perhaps that was stubbornness) to go against public opinion and the entire Democrat Party (and quite a few Republicans) has paid huge dividends. The surge worked.

Frankly, his masterful management of the debate over funding with Congress may well be his greatest accomplishment as President. After Democrats gained control of Congress it was assumed that funding for Iraq would be cut off. Bush fought against Speaker Pelosi tooth and nail and ended up winning every single battle. The surge was approved and full funding continued until the very last day of his Presidency.

That the President won these funding battles even with a dismal public approval rating shows he was a damned sight better at management and political wrangling than his critics ever imagined.

Coincidentally it also proves just how totally incompetent Nancy Pelosi is at her job. But I digress.

The real victory belongs to the Iraqi people. President Bush is now part of America's past. The future belongs to President Obama. And President Obama's decisions will also affect the future of Iraq. Let's hope he isn't too stubborn himself and allows Iraq to have the support it deserves to become a beacon of hope and freedom for the entire region.

Nancy Pelosi Is Determined to Undermine Barack Obama

I've written eleven previous blog posts about Nancy Pelosi. This makes twelve. If you really want to, you can click THIS LINK and all twelve posts will open in a single window. Or you can just keep reading here for the Reader's Digest version.

Actually by simply reprinting these comments from my post from my July 24, 2008 post, Nancy Pelosi's War on America, I can summarize my objections to Nancy Pelosi's complete absence of leadership, her lack of intelligence and her destructive impulses:

America is really being betrayed by the current political posturing in Washington. And Nancy Pelosi is leading a bizarre and very destructive campaign against the best interests of the American people. It simply isn't possible to make any sense out of the current Democrat's posturing... EXCEPT that they have a genetic knee jerk opposition to any plan or any idea supported by Republicans. Is it possible that the Democrats feel forced to oppose the Republicans even if it actually means America is thrown into a full blown recession? What's happening is very disturbing.

Obviously I have the gift of prophecy. Here we are is a recession, or more likely a full blown depression, and Nancy Pelosi is still spending every hour of every day fighting against the best interests of her constituents, the House of Representatives, Congress in general, President Barak Obama and all of America.

I had great hopes that Barack Obama would reign in Pelosi and Obama's call for cooperation and bipartisanship would encourage or inspire Pelosi to turn over a new leaf. I genuinely believe President Obama wants a new culture in Washington.

Nancy Pelosi is determined to kill Obama's hopes and dreams. She is determined to bring about open warfare with her Republican counterparts. And she is succeeding.

She will not allow any Republican idea or compromise into her economic stimulus bill. She will not allow Republicans to even attend any planning meetings. Instead she taunts and berates Republicans and crows about her victory last November. She reminds me of President Bush after his 2004 win.

And like Bush, Pelosi's hubris will ultimately destroy her oven meager victory. Pelosi is sowing the seeds of a Republican reemergence and ultimate take over of Congress. But that is two to four years away. So before Nancy Pelosi can destroy herself, she will bring down the President.

Believe me when I tell you she doesn't care.