I'm not that concerned. I think Obama will win as President, that the Republicans will maintain control of the House and probably gain control of the Senate. Even if they don't win control they can still stop bad legislation and there's only so much that Obama can do by presidential fiat.
When it's all said and done Obama and his supporters can take a flying fuck at a rolling doughnut.
Way more to consider than this IMO.
Four more years of Obama's foreign policy? The majority of what they do in that regard will come right out of the White House, no intervention or input from Congress required. Is somebody going to wave a smart stick over them in the next term? We're not making friends, we're cultivating enemies. We're not even keeping the friends we have.
The big one is the SCOTUS. Our next president will for sure appoint one and perhaps two to the court. The left looks at our Constitution as a living document that should be changed on a whim. They do not have the patience to go through the formal amendment process. A majority on the court will result in toys and candy for everyone with more borrowing paying for it.
We need a budget. Do we just hope for Republican control in the Senate and hope that Obama will sign a budget they create? Who's going to pressure him to do it? The voters? Congress? Our allies? Who would he listen to and why should he?
A restoration of the balance of power is the only hope our nation has to survive in anything that remotely resembles what we used to be and what we were founded on. That being a place for the people of the world to emigrate to where they could find success through hard work and determination. Now, we'll let them in and put them on public assistance. It's not sustainable. There was a time when the majority had enough common sense to realize this. Now, not so much. It won't end well.
I just spent the latter part of the past week at the annual conference for the franchise I bought into almost a year ago. I've opened up a small business. We traveled with a couple from Canada that opened one several months prior to ours. They're on the verge of opening a second location. That's not even on the radar for us. Here's why.
In order to get ours open, I had to spend
our money. No bank would lend, no SBA loans, no funding available to open up a relatively low cost franchise that has been rated consistently within the top ten almost since their inception a decade ago. The failure rate on them is so far below the norm for franchises that it's truly impressive. The franchise is even on the good-guy SBA lending list.
Our Canadian compadres, who are less than half our age with a far lower net worth were able to get government funding for their first one and are getting government funding for their second. I should tell you that their BOE at their first location is much higher than ours and their cash flow is nearly identical. At this point, like us, they are covering the bills and future projections look good if the path stays the same. Based on their performance and accounts receivable, they can get funding for that second business. We have to be in business for three years and will have to have bankrolled a major portion of the investment to even be in consideration for lending to open a second location and create some more jobs.
The point is, that our government makes a lot of noise about supporting businesses but when compared to our neighbors to the North, it becomes apparent that it's just lip service. Canada is supporting their economy, they see the end result of creating jobs and the positive results that has across the board. Here, we're going to take from the rich to give to the poor because there aren't enough jobs to go around. We'll throw money at some green projects that fail because they aren't ready for prime time and we'll hope things turn around no matter how slowly that happens.
It's too damned hard to create jobs, so our impetus has shifted towards maintaining the lifestyle to the greatest degree possible of the people that live within our boundaries. We've got rich folk to take money from and we're still able to borrow, so we'll continue on this path. It's the safest course of action because we're living it, we've become comfortable with it and if it lasts long enough to finish a term and get another one of our own in office, we've won. To top it off, we'll hate on a successful guy running for president. He just doesn't fit in with the new American dream of a chicken in every pot, with the chicken and the pot supplied by the government using money taken or borrowed from someone else. We can't have a successful guy in office because it's too damned scary. We'll just stay with what we've got, what we've come to know and maintain the status quo.
Take off the shades, the future ain't bright.
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