BrookesNews 18th Nov 2008

BrookesNews Update November 18 2008

Will Obama's economic policies drag the US down?
Things are turning nasty for the US economy. Just how nasty was made clear when on hearing of Obama's victory the markets fired a salvo across the bows of the Democratic Party. Markets are always forward looking, and what they said was that Obama's ragtag baggage of economic nostrums pose a severe threat to the American economy and hence recovery

The economy sinks deeper into recession while the economic commentariat flounders
The economy is in recession and has been for several months, and yet our brilliant economic commentariat are still debating when it will happen. In the meantime they are losing their hair over the 'global financial meltdown'. Nevermind: The truth is still out there

Is Obama another Roosevelt and will 2009 be another 1937?
Obama's union, spending and taxation policy was first implemented by Roosevelt during the Great Depression. The Result was another crash and a dramatic rise in unemployment

The myths of Clintonomics
Obama's attempts to reassure markets have failed. This is because markets know that Obama is recycling myths about the Clinton years. Naturally, that pack of economic illiterates that we call the media are cheering Obama's economic nostrums

I am proud to be a conservative
With few exceptions conservatives play by the rules, respect property and rights of others and do not resort to tricks and fraud to succeed. This is because they believe their views will prevail if people can be properly informed and because they believe Americans will do the right thing for the country even if other policies will enable them to unfairly receive more than they deserve. This cannot be said of the Democrat Party

Ten years of 'change' in the UK
For real change to come — for the dominant 20th century culture of grievance and victimhood to move on to some more healthy social psychology rooted in a degree of personal responsibility and self reliance — this would take leaders of far sterner stuff than Barack Obama

The worse is yet to come under President Barack Obama
Opponents have unsuccessfully tried to inform Americans about changes in the tax law to “spread the wealth” from the so-called “wealthy” to lower income voters. Though under the current “progressive” tax system this already occurs; President Obama will enshrine and expand the tax policy toward the Marxist ideal

Counterfeit Marriage and its Counterfeit Movement
With a unified voice amplified several million-fold through the ballot box megaphone, African-Americans have spoken on the issues of marriage, family and human sexuality. Whether young or old, male or female, Democrat or Republican, blacks are justifiably fed up with the deceptive antics of the self-described and craftily contrived 'gay rights movement'

Obama's New Deal v. the US economy
Just as I predicted, the US economy is in another recession. And what does Team Obama intend to do about it? The same things that Roosevelt did. And informed people know just how well that worked. The man will be an economic disaster if he implements his economic program