The wacky Gov of IL, also known as a buddy of our President, today was voted out of office by the senate in IL. This is about the 4th or 5th IL official that has ended up in disgrace recently. It’s not all Dems either, one of them was a Republican.
What this shows is people who try to take advantage of the power bestowed upon them by the electorate will usually end up regretting it. That said, I’m not sure Blago understands just what he did.
It may not last as long as you hope.
I hope Obama is successful in his presidency. I find most Conservatives feel similar to me. We hope he does well but we also understand the left’s euphoria is likely to end at sometime not too distant. Obama is not Babe Ruth, Hank Aaron, and MLK all in one person like the left seems to think. I saw so many people grinning today as if all their troubles are behind them now that Obamessiah is in the house.
Guess what. He’s not going to be able to do any more than any other President. The troubles he faces are not going to go away just because Obamessiah is in office. He’s also going to have to realize he can’t just “Change” everything put in place in one fell swoop like Moveon.org would like. He will have to do things slowly or he’ll find himself in big trouble.
I wish him well and won’t do what the left did to Bush unless he ends up deserving it. I don’t expect that, but I also don’t expect the miracles like the left does.
Ok, so as I understand it one of the factors that tells you if you’re in a Recession or Depression is the unemployment rate. Since I’ve been hearing all these people crying about how we are headed for a Depression I decided I would check the unemployment rate over the years. I can only find data back to 1948 but it’s interesting even just that far.
In 1948 the rate was around 4%. That would be considered pretty low. Over the years it’s gone up and down but the most interesting to me is when Reagan took over in 1981 the rate was 7.5%. Over the next year it went up to 10.8% by the end of 82 but then it started coming down. By the end of Reagan’s 2nd term is was 5.3%. Then Bush 1 took over and the rate slowly went up to about 7.8%. It started falling just before Clinton took over and kept falling all the way to 3.9%.
When Bush 2 took over the rate slowly went up to a little over 6% but then it came down to around 4% and then started climbing to the 6.5% it is at now.
The interesting part of this is the rate has been much higher several times in the years from 48 to now but this is the first time I can remember people thinking we are ready to enter another Depression. I understand saying we are in a Depression is not just the unemployment rate, it’s also the GDP and a few other factors but those factors are far from where they would need to be to call it that.
I think some of this is Bush Derangement Syndrome. People want it to be bad so they can point at him and say SEE?
Yes the banks are in trouble but maybe we shouldn’t bail them out. Maybe we should just let them fail and let the chips fall where they may. We might find out this country is a lot stronger than some people think. Since it’s not up to me I guess we will never know.
I wonder if this is really true. I hope not but I fear it might well be. Maybe someone will fact check it for me.
If this doesn’t tell you what the Libs think then nothing will.
Jim Moran – Democratic Congressman from Virginia
You would have thought Obama could have gotten a lot more than 52% of the vote for his $650 million dollars.
The DOW really loves the fact Obama won. I’m not sure what it would have done if McCain had won but we do know what it did for an Obama win.
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