RWNJ Conservative Views from Cincinnati

Being a former resident of Indiana, I still follow Indiana politicians fairly closely. Evan Bayh has been one of those that I can admire for sticking to his principles, even if I don’t always agree with him. This is an example where he is sticking to his guns and is not supporting the earmark-laden $410 billion spending bill.

If I had more faith that Obama was a man of his word, I’d expect he would veto this bill… unfortunately, the President has backed out of several of his campaign promises and I cannot expect the earmark promise to be maintained either. Bayh apparently agrees.

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Posted under Economy

Warren Buffett may have added himself to the White House hitlist with his most recent comments.  He compared the current economic situation to Pearl Harbor, said there are too many cooks in the kitchen, and took a clear shot at the Democrats in stating that you “the majority party can’t push around the minority party” and expect unity.  He made it clear that the commander-in-chief needs to speak with support from both parties and not just one. Time will tell if he gets the attention from the left that Limbaugh and Cramer have gotten.

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Posted under Economy

I found this followup from Jim Cramer (on his “Mad Money” show) regarding his comments that Obama is presiding over the “greatest wealth destruction by a President.” Cramer came out punching, making comments such as “Obama’s the one who knocked the whole darn thing down” and that Obama “might have some inside information that he’s done enough damage for now.”  He even threw a shot mentioning “President Pelosi” when talking about the class warfare strategy that is in play.

This is typical Jim Cramer, full of enthusiasm and passion. If the White House wants another battle front (beyond Limbaugh), they’ve got a willing combatant in Cramer.

Cramer also has a written response available here.

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Posted under Economy

News.com.au posted up a collection of political battles I thought might be interesting to watch. As ugly as politics gets, it can always get worse (and as the clips show, sometimes does).

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Posted under Misc

In an interview with Matt Lauer on NBC, CNBC Analyst Jim Cramer (who, I should point out, is not a Conservative) regarded Obama’s policies as an advancement of a “radical agenda” and pointed out that this was the “greatest wealth destruction by a President” that he’s seen.  

Obama has shrugged off the steep decline in the stock market. He said, “What I am looking for is not the day-to-day gyrations of the stock market … but the long-term.” Apparently, he has missed the continued stock market slide (25% reduction since he was elected). He also stated, “The stock market is sort of like a tracking poll.” The Wall Street “poll” is speaking volumes on its opinion of the way the economy is heading. Given that the economy usually lags the market by 6 months, our economic future does look grim.

Perhaps we should move away from the agenda of restributing wealth, hiking taxes, and burying ourselves in even more debt. We need to do what is right for the economy. That includes business-friendly policies, lower taxes for all economic classes, and long-term job promotion. This new administration has had the opportunity to implement these types of policies, but instead has moved from one set of bad policies to another. In the end, it is the country that pays for this mistake.

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Posted under Economy