Wednesday, February 25, 2009

A Continuation of the Charade

Full of colorful language and lacking substance, President Obama continues the charade. He fumbles around Washington allowing the left wing extremists in Congress to dictate the agenda. Just as it took the bursting of the housing bubble for Americans to realize that excessive consumption cannot be maintained indefinitely, it will take a complete collapse of the dollar and the Treasury market to finally instill fiscal discipline in Washington. Unfortunately, years of gratuitous earmarks and excessive government spending may just be the bubble from which we cannot recover.