12 December 2008

Obama Election Spells Big Trouble for US Jobs

The fact that Obama is not in office yet is irrelevant. Businesses must see "around the corner" and plan accordingly. Rightly or wrongly, business owners see a huge anti-business shift in motion and they are making preparations NOW. _AmThinker
Atlas is shrugging all across America. Jobs numbers are way down, and likely to dive even further unless the incoming Obama / Pelosi government begins making big concessions to business owners in a very public way. Continuing to spout leftist gibberish this long after the election is a certain sign of mental deficiency in the new government. It is almost as if they do not understand what makes the modern world work.
[Leftists] seem to be clueless as to where "the money" comes from. They love to tax, regulate and redistribute wealth -- all the while decrying the very profit motive that created it -- something they do not understand.

...It is no secret that owners circulated endless emails leading up to election day discussing lay off plans were Obama to win. Entrepreneurs instinctively understand the danger posed by larger liberal majorities in power. The risk-reward equation and fierce independence spirit of start up businesses are anathema to the class warfare, equality of outcome and spread the wealth mentality of the left.

We have very little appetite to have our lives run by elected or un-elected officials like Barney Frank and Jamie Gorelick. We have no appetite to be taxed even more by the likes of Charlie Rangel. These clowns destroyed Fannie Mae, Freddie Mac and our entire economy as a result. Congress, by their own admission, cannot even run their own damned dining room with a captive customer base! Some of them refuse to pay their own tax burden. Why in the world would we subject ourselves to their ilk armed with the unchecked powers of the Oval Office and both houses of congress and a massive army of bureaucrats?

We got into business to be independent. We will get out for the same reason. _AmThinker_via_Instapundit
Al Fin's biggest problem with the new Obama / Pelosi government is its incredibly naive and destructive attitudes toward energy, and its unwavering belief in carbon hysteria and the great climate hoax. But the abysmal ignorance of business and market economics so proudly displayed by Obama and his cronies is just as bad. If you throw in Obama's antagonism toward the US Constitution and its protection of citizens from arbitrary oppressiveness of government, you begin to understand why Al Fin has taken such a negative stance toward the narcissist-elect and his corrupt gang of thieves.

Obama's only hope is to repudiate the corruption, collectivism, and big government fascism that have been central to most of his life. Good luck with that.

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Blogger Ugh said...

I read today that many businesses that HQ out of the Bahama's and the Cayman Islands are moving to Switzerland to avoid the Obama promise to eliminate tax havens. (Switzerland and the US have a tax shelter agreement that Obama won't touch).

So instead of crafting tax laws that would make it unnecessary to look for a tax haven the Obama administration is going to use threats. Clueless indeed.

Friday, 12 December, 2008  
Blogger kurt9 said...

Here's a gem for you guys to read:


Friday, 12 December, 2008  

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“During times of universal deceit, telling the truth becomes a revolutionary act” _George Orwell

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