Obama omnivorous budget: CNBC goes contrary to evil sisters NBC News and MSNBC


Omnivorous, oops! In the headline I meant to say omnibus. Or maybe I didn't. We'll have to see just how much the Federal 2009 budget EATS away from our economic hope and change (spare change and otherwise) before I reach a conclusion.

CNBC, the business-minded and fun-loving sister of evil twins NBC News and MSNBC, offers this...

Obama Declares War on Investors, Entrepreneurs, Businesses, And More - Money and Politics Blog - CNBC.com
Let me be very clear on the economics of President Obama’s State of the Union speech and his budget.

He is declaring war on investors, entrepreneurs, small businesses, large corporations, and private-equity and venture-capital funds.

That is the meaning of his anti-growth tax-hike proposals, which make absolutely no sense at all — either for this recession or from the standpoint of expanding our economy’s long-run potential to grow.
What happened?!! Was that a bus that hit me, or just reality of living under a President Obama economic policy?

I hope all you voters are proud of yourselves, putting an unproven, professional candidate in charge of the end of capitalism as the driving force of the biggest economy on the planet.

At least, temporarily.


- jR


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