Latest News!Written By Comment Count Comment Last Three October 28, 2008
Chuck Floyd
Former Delaware Governor Pete du Pont had an op-ed in The Wall Street Journal yesterday arguing Obama will most likely be our most liberal public policy president since FDR.
So where is the new Obama administration likely to take us? Seven things seem certain, says du Pont: 1) The U.S. military will withdraw from Iraq quickly and substantially, regardless of conditions on the ground or how it will embolden terrorists 2) Protectionism will become our national trade policy 3) Income taxes will rise on middle- and upper-income people and businesses and wealth will, indeed, be spread around 4) Federal government spending will substantially increase 5) Federal regulation of the economy will expand, on everything from financial management companies to electricity generation and personal energy use 6) The power of labor unions will substantially increase, through passage of card check legislation 7) Free speech will be curtailed through the reimposition of the Fairness Doctrine In short, says du Pont, it will be the beginning of the Europeanization of America. -
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October 22, 2008
Chuck Floyd
1. Why is Obama good for the economy? Obama and his liberal Democrat friends are BAD for the economy and are NOT business-friendly. They want to punish businesses and successful Americans so they can “spread the wealth”. Obama is supported by trial lawyers and unions—enemies of business and the free market. It is the fault of reckless elected Democrats who modified the business policies so people who were not qualified got loans. -
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