Capitalism Under Siege

Obama was worshipped last night, not only by his Democrats but by the old-line media who have become his confederates in his effort to destroy free market capitalism and transform the nation we have known. Obama continued to rage against success-he can not wait to punish achievers-and railed against the banks and Wall Street. This rancor did not start with this President but sadly and surprisingly with his predecessor Bush who at the start of the plummet said we should not bail out "speculators". Many of the so-called speculators who began their suffering then were buy-and-hold investors-some of whom lived on dividend income, some who used dividend reinvestment plans (DRIPs). Bush was lumping investors in with derivative-players. Obama also fails to make any such distinction-his inclination is to find wealth and take it from those who produced it and give it to parasites, the homeless, welfare recipients with the end of welfare reform he and his Democrats have ushered in with the aid of Collins, Snowe, and Specter. Obama will now use this crisis to his advantage to advance his national health plan. Will enough citizens raise enough of a stink with enough politicians to stop socialized medicine?