It has been almost 100 days since President Barack Obama first took office as President on January 20, 2009. Since then, the stock market has taken dips and dive. It is unfortunate that nearly all of the shifts, both upward and downward, have been incited by the actions of our federal government. The government decided who is “too big to fail” and who will die. The government can handpick the CEOs of once-great corporations. At a whim, the president can ask the CEO of GM to step down. The government can choose to breach the contracts of AIG employees and tax 90 percent of their bonuses. This is not the government of Washington, Jefferson, Lincoln, or Reagan anymore. This is not a government of the people, by the people, or for the people. This government is of Pelosi by Frank, for Reid: all individuals that would rather line their pockets and expand their power than protect the hard-working people they represent. During this undoubtedly transformational period in our nation’s history, one where our capitalistic foundations are being replaced with socialism, the president of the United States has certainly made his choice between the people and the government.
Since taking office, Obama’s new spending has already raised our projected debt down the road. Economists at the heritage foundation calculate that the actions of Obama so far have caused an increase in ten trillion to the debt. As John McCain puts it, this money is being taken from our own children and grandchildren in what is referred to as “generational theft”.
Luckily, many in America have begun to wake up. On April 15th, hundreds of tea parties were held around the country, attracting hundreds of thousands to protest the scope and scale of the national government. It is a good thing that America is not as naive as Nancy Pelosi. We know what increases after the government signs spending bill after spending bill. A hint for Mrs. Pelosi: it starts with a T.