May 27
Nothing is more dangerous than a cornered narcissistic socialist.
Income tax revenues have dropped in 1/2 since last year at this time.
Obama has come to the conclusion that he will be a one term President and that his power will diminish after Democrats see what he has done to their majority in 2010. So he has about 1 year left to do damage, and he intends to make the most of it.
Just think of the damage Jimmy Carter did in his four years. Now multiply by a 20 or 30 trillion.
Note, however, that I don’t think the bulk of our problems come from Obama. He, certainly, is trouble. But the biggest problem is our political class – Republican and Democrat. I would dearly LOVE to see the host of them tossed out in the next election.