Wednesday, November 05, 2008

Democrats to assume power...

Stock market has the biggest post-election loss in history, big spending ahead.

Oh, and we want a "windfall profits tax" on oil companies (they missed the part of economics class where you learns that no corporation pays taxes, they just build it into the cost of their goods).

And to release oil needlessly from the Strategic Petroleum Reserve, mandate more biofuels and cut carbon dioxide emissions to 80 percent below 1990 levels by 2050.

Frighteningly enough, there are those in the financial media are advocating tax hikes, so all us old farts who make too much money will get out of the way and let the next generation have our jobs, for which they expect to make as much as we did. The ignore the fact that we just usually pay the extra taxes, and take it out on even lower-wage workers by mowing our own grass, eating out less and so on. No one retires because of a tax hike.

How's all the Change working for ya?

(And yes, this is the first in what I'm afraid will become an ongoing series of posts for the next 2-4 years. Like the tag line?)

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