Monday Morning Report

Good morning, happy Monday, I hope everyone survived the weekend.

VDH:

[F]or most of his life Barack Obama has done quite well without understanding how and why American capital is created, and has enjoyed the lifestyle of the elite in the concrete as much as in the abstract he has questioned its foundations. Does he finally see that the threat of borrowing huge amounts to grow government to redistribute income through higher taxes risks greater impoverishment for all of us, despite the perceived “fairness”? That suspicion alone explains why those with trillions of dollars are sitting on the sidelines despite low interest, low inflation, and a rebounding global economy. In short, millions of profit-makers believe not only will it be harder to make a profit, but far less of it will remain their own— and all the while the president will deprecate the efforts of those who simply wish do well for themselves. With proverbial friends like those, who needs enemies?

It’s well covered territory that Obama bashes “the rich” while living the life of Riley. Platitudes of “fairness” are for the little, non-governement/community organizing folks.

Drool. I want one …

Haven’t heard this song in a while, have you?

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