Wednesday, November 5, 2008

President Obama

76 days until the inauguration of Obama as the 44th president of the United States. This is major history being made and a bittersweet moment for me. The fact that we have made such progress as a nation against racism is difinately cause for celibration. However, I am still trying to stomach the issues - and his aquaintances. No one (with some common sense) believes Obama is an actual terrorist. But the fact is that he is not sufficiently repulsed by those who are. It becomes clear in his wish for withdrawal from Iraq without success, his taste for top-level talks with tyrants and his breezy tolerance of Bill Ayers. The fact that he wants to raise taxes and put my 401(k) under government control concerns me. In his claim to have "offered spending cuts above and beyond" the cost of his proposals. Obama is one-upping himself: When he accepted the Democratic nomination, Obama said that he would "pay for every dime" of his new programs with spending cuts. Independent budget experts say that Obama's proposals will increase the already swollen federal deficit substantially. Obama's tax and spending proposals – in the unlikely event that Congress enacted them unchanged – would add anywhere between $262 billion and $316 billion to the federal deficit in 2013, the final year of the next president's first term. We need tax breaks for ALL companies, so that they can free up capital to grow and create jobs, the exact antidote to a sluggish economy. I have a hundred more issues with him, but he will be our next president, so I can only sit back and hope for the best.

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