On the March

Two forces are thriving at the moment. Jihad, from the Taliban surge in Pakistan to resurgent bombings in Iraq, across other parts of the globe where Islamism rears its violent head, and socialism which dominates Europe and is through Obamism, capturing America. Citi and Bank of America may need more capital despite an already $45 billion bailout. Chrysler is, as was predicted here, going to be taken over largely by the United Auto Workers, and GM may well be on the way to nationalization. The Obama administration imposes the socialism and hardly even pays lip service to blocking aggressive expansionist Islam. With the Islamic bomb of Pakistan potentially falling into the hands of the Taliban and al Qaeda and with Iranian fanatics rushing to produce their own atomic weapon, the world is in as perilous state as in any time since World War II. And with Obama overturning free market capitalism and supplanting it with an admixture of Marx and neo-fascism and using each crisis for tactical advantage, we have no prospect of recovery.