Anyways, enough about fantasized conspiracy theories and our "fair and balanced" media. Lets move on to some recent events that are extremely note-worthy. First off, I am excited to see how these Tax Day Tea Parties end up on Wednesday (You can find more information at Tax Day Tea Party). I love civil disobedience, and I enjoy it even more when its something I agree with and something I can identify with. This tax issue has reached a point of absurdity. You have a president who promised not to tax people making less that $250,000, and economists see that number dropping down to around $90,000-$100,000. Quite a difference huh? I don't like paying more taxes then I have to, whether it be capital gains or income. People get on George Bush for leaving us in debt, his online debt was around $680 billion, well those same people are so quick to forget that Obama's online debt will be $1.8 trillion by the end of 2009. Mr. Obama will also spend more in the next 4 years then all of his 43 predecessors combined. I heard an interesting point made on the radio today. Lets relate this economic situation to our personal lives, if we were in debt and trying to recover our losses and stimulate or income, etc...would we be ordering new credit cards and credit lines or trying to spend more and more money? No, you would save, spend wisely, look for growth in investments, etc. So why is our President spending trillions of dollars and increasing the tax burden on this generation and the debt burden on generations to come. Quick side note, I found this interesting and extremely troubling: Standard and Poors has projected U.S. treasury bonds to be rated as B bonds by 2020 and Junk bonds by 2030. That is the bread and butter of foreign investment into the U.S., turned into Junk bonds?!?!? Scary.
Anyways, thats it for now, I'm sure something interesting will pop up in my head tomorrow. Until then, I would like to extend my sincere (ha, ya right) condolences to Caroline Kennedy...She not only got denied from the Hilary's old senate seat, but she also just got denied by the Vatican (she was Obama's nominee for ambassador to Vatican). Better luck next time Caroline.
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