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Daily Political Musings

Posted 06-28-2009 at 01:01 PM by censusdata
Updated 06-30-2009 at 02:02 PM by censusdata

Sunday June 28th, 2009

Obama's presidency will go as well as Cap and Trade Goes

I think that barring any national/ international disaster Obama's presidency will now be judged based on the Cap and Trade bill he (and the congressional Democrats) have so ardently backed.

IF it drastically raises prices for consumers and destroys jobs rather than creating jobs in the short term he could face an uphill reelection in 2012 and the Democratic majority could evaporate. It would become an Obama Economy rather than a Bush Economy.

Given Obama's high intelligence and willingness to take the middle road it surprises me that he is willing to risk his presidency on a technique even much of Europe shys away from.

Cap in Trade could help in the long run by quickening the switch from finite to infinite fuel sources, but if it cost jobs in a short term with the worst economy since 1983 he could become his own sacrificial lamb.

Tuesday June 30th, 2009

End of the Republican Party and the beginning of the Libertarian Party

I think the widespread dissatisfaction many Conservatives now have with the Republican Party will shortly lead to a large scale movement to the Libertarian Party. Commentators like Glenn Beck are correct in saying both Republicans and Democrats are for an expanded Federal Government, they only disagree over what to spend the money on.
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