Wow! It's been over a month since I last posted.
Sorry, if you're a regular reader. Christmas was a busy season around our house, and I have been pretty busy at work preparing for a potential calamity.
Plus, the guys at The Sub Report and our other submarine bloggers keep a good job keeping you abreast of submarine issues, and Obama has basically become Bill Clinton III, so, what more is there to say about him until he actually starts governing?
Since it's about a week away, all I will say to you is: BEWARE!!!!!!!!!!
The Left is in control, and rather than do those things that will actually get this economy out of the mess it's in, we have Obama proclaiming that only the government can save us. If that's the way we're going to treat this economy, we're all screwed.
We'll get a bunch of roads out of it, we'll get another "Stimulus" check, and the unemployment rate will keep rising, and growth, if it ever returns, will be stymied by the massive deficits we are ringing up.
When I have more time, I'll discuss, and point you all to links that blow away the myth of FDR as savior of the Depression. Passive students of history know WW2 saved us from the depression, and that the statist policies of Hoover from 29-32 and FDR from 32-40 were abject failures.
So, what will save us this time?
As I have said before, we need massive reductions in marginal tax rates - FOR EVERYONE - but mostly for the BASTARD RICH. We need the people who have real money to invest, to invest.
We also need corporate tax rates lowered, we need cap gains rates cut in half, and we need the government to stop pushing the phony-baloney global warming crap, put in place incentives to drill for oil, and allow the automakers to go into bankruptcy, if that's what their business model leads them to.
Without those steps, or some portion of them, we will see a prolonged recession, more unemployment, and a weakened economy when it finally does turn around.