Say “Hi” to Mickey for Us

Some of you may have been concerned when “The Things I Think” was not updated last week. Some of you were probably thinking, “Has he given up…has President Obama and the Socialist march of the Left finally caused him to give up?"

Have no fear, I was simply in Disney World. The great thing about Disney World is that the resort is its own community. I have no idea how big it actually is, but it has to be in the hundreds of thousands of acres. It has its own roads, its own restaurants, its own shopping areas. It even has several of its own TV channels available to watch. In other words, it is easy to forget that the rest of the world is still operating as usual while you enjoy your fantasy vacation…

Apparently, President Obama and his staff are also vacationing in the new part of Disney called Socialist Land. For weeks the President warned us about the perils of the economic woes of the country, using words like “disastrous”, “catastrophic”, “depression”, and phrases such as: “The worst economy in decades.” Suddenly, this week, comes a flurry of optimism from the President and his financial henchmen about the sound fundamentals of the economy. No longer are we headed on a downward spiral toward total economic collapse, instead we should all now be confident that the worst is behind us and the only thing we have to fear is the fear (the Obama team has been spreading since last September) itself.

On Meet the Press, Christina Romer replied to a question on whether the fundamentals of the economy were sound with, “Of course they are sound”. President Obama this week made a comment about the sound fundamentals of the economy, including workers, companies, innovators…say isn’t that the exact same thing John McCain (R-AZ) during the campaign and was lambasted by President Obama for being “out of touch”.

Now, to be fair, I have blasted President Obama in the past for talking so negatively about the economy. Anyone who knows anything about economics knows that economics is 75% mental…if people think things are going well, then they will spend and the economy will do well; if they think things are headed down the toilet, they will batten down the hatches, put all their money into their savings and try to ride out the storm—which makes the economy sour. Prophecies on the economy are almost always self-fulfilling. And the Prophet Obama’s words have been no different.

The fact of the matter is this: President Obama used the economic recession in this country for political gain. He needed to create a State of Fear in order to pass a so-called stimulus bill which was just a massive, veiled, wasteful, Liberal spending bill. He knew that a bill totaling $780 billion containing so much pork for Liberal-Socialist programs would never garner enough support unless it was perceived as being the only way to prevent total, utter destruction. Now that the bill has been passed, the Democrats passed another $400 billion omnibus spending bill, and the Socialist path has been set, President Obama can begin to talk up the economy in hopes that his words now will have a calming effect on an unconfident market. The hope is that the economy will recover and President Obama will be seen as the Economic Messiah.

So, while the President was playing political chess, 600,000 people lost their jobs, the banking sector is about to lose $1-$3 trillion more in losses tied to the housing market, and the stock market lost another 8.5%, causing more Americans to lose more money in their retirement plans. There are two Americans most deserving of losing his/her job over the way this economy crises has been handled (not handled), the ones who have been in-charge since the beginning of the crises (2006)…Nancy Pelosi and Harry Reid. If President Obama is not careful, he too will be on the unemployment line in 4 years.

The economy will recover, and I hope it does soon, for the sake of all the people who have lost or are endanger of losing their jobs. I fear, however, that the Election-cycle rhetoric, coupled with the continued negative rhetoric accompanying passage of the Economic Stimulus Package has created an economic atmosphere that will cause millions of more Americans to lose their jobs, houses, and pensions. And, so too will follow more idiotic intrusions by the government that we will pay for down the road. Mr. President, while you are on your fantasy vacation in Socialist Land, please say "hi" to Mickey for us…and please, come home from vacation soon.