This is a long one, but it's worth it.

QOTD

"Well...time will tell. You may think I am just some sort of ideological nutcase. I am not. You may think I hate government. I don't. I just don't like government that is in everyone's face. I drink no one's kool-aid. I carry no one's water. To this day, I rail against the hypocrisy of the Republicans who went on a spending binge during their time in power who now, all of a sudden, are against spending. I blasted Bush day in and day out for his reckless spending, his mismanagement of the war, his spending on the war, the TARP and everything else I disagreed with. Since so few are critiquing this new administration, someone has to.

I received an email this weekend telling me Obama has only been President for little over a month and that I should give him a chance. I am keeping my fingers crossed and wishing him well. I hope he succeeds. I really do. But I have news for the writer of the email. It does not and will not matter what I think. In the end, the market will have the final vote. So far, the vote has been loud and clear. Obama may think he will bring in more money by raising taxes to fund his programs. History shows that revenue to the government will only go down as you raise taxes as business and commerce continue to slow.

The good news, no matter what, in the long run, it has not paid to bet against this country because of the extraordinary capability of the people of this country....not the capability of the government. The best news for Obama: good policy or bad, the market is already down over 50%."
- Gary Kaltbaum, from The War on Profits
I agree with 90% of what the guy says, and he says it more eloquently than I can. And he's got a website and a book: www.garyk.com

Ha... www.garyk.com... no wonder I like him!
he he... yow, bill

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