Between Barack And A Hard Place

Well well what do you know? While President Obama was busy destroying America's robust economy with his socialist policies and spendulus bills, there was one force brave enough to stand up against this liberal assault on freedom.

And we don't mean by throwing some ridiculous Rick Santelli tea party with the rest of your Fox News loving friends.

We mean by taking decisive action. Like the Dow Jones Industrial Average plunging 25% in the two months since inauguration to protest Comrade Barry's all-out assualt on Wall Street.

Included in his guerrilla war on investors, bankers and other persecuted members of the business elite is billions and billions of government bailout dollars to rescue these innocent victims from the seductive but toxic cocktail of unchecked power and unbridled greed.

As if that weren't punishment enough, Barack Obama wants higher taxes for the wealthy, pay caps for bankrupt millionaire execs using taxpayer bailout funds, and increased oversight of banks, investment firms and all other Madoffy sounding institutions with the words hedge, equity, mortgage or fund in their name.

But perhaps most threatening is Mr. common man Obama's new mortgage plan to help not just the poor, suffering lenders but the millions of struggling homeowners in danger of losing their homes.

Ugh those losers?!?

What happened to the good old days when you're only rewarded for risky, irresponsible behavior if you make over $250,000 a year, and/or have presided over the complete collapse of at least one major U.S. corporation?

Reluctant Hero Rick Santelli Accepts Your Challenge, America!

Obama Vs. Santelli: Round ?

It's on!

When CNBC reporter Rick Santelli went off on his wild rant about how Obama's mortgage bailout plan forces good, hardworking Americans like himself to pay for other people's irresponsible mistakes, he didn't think much of it. He was just speaking from the heart.

Sure it crossed his mind that a reporter coming slightly unhinged on network television might cause some buzz, but he never thought he would be thrust into the limelight as the voice of opposition to Barack Obama's "bad behavior bailout."

But, much like Joe the Plumber before him, Rick the Reporter is finding his 15 minutes of fame too intoxicating to let go.

So the reluctant new Robin Hood is taking his one-man act on the road, hitting the airwaves to explain how he and his family are being terrorized by Obama's White House just because he believes in fiscal responsibility and not giving handouts to every pathetic sap who can't pay his mortgage.

Maybe the White House is so threatened by Santelli because they know former derivative traders and Wall Street loud-mouths who become the poster child for responsible spending have such credibility with the American public right now.

Particularly those whose day-to-day reality consists of reporting from a trading pit with a bunch of sweaty guys who make more money every time they squawk than the value of all the nation's toxic mortgages combined.

Are You Ready For Rick?

The More You Spend, The More You Save!

Hmmm, This Is Harder Than I Thought

After a busy week stimulating America, Redistributionist-in-Chief is at it again, pushing another one of his ambitious goals to rescue the country. This time, Comrade Barry plans to cut the annual deficit at least in half by the end of his term. Ha ha that's a good one.

I mean what the hell's he gonna do, withdraw troops from Iraq and place higher taxes on the wealthy?

Oh.

Well let's see. The president inherited a deficit for 2009 of about $1.2 trillion, which, including his spendulus package, will rise to more than $1.5 trillion. But his plan for withdrawing combat troops from Iraq will save about $90 billion a year, which is a shame because wasting obscene amounts of money on a war that can't be won has done wonders for us so far.

Normally his wild plan to tax the richest Americans, including the investment income (gasp!) of hedge fund and private equity partners at ordinary income tax rates instead of at bargain basement capital gains rate, would be more laughable than Joe the Plumber trying to be a real journalist.

But with hating Wall Street all the rage this season, President Obama's socialist shenanigans just may find enough congressional steam to pass.

The bad news is the rest of us are stuck listening to Rick Santelli rant like a lunatic about how "we're subsidizing bad behavior" by helping the poor when we could be helping responsible, deserving folk like Bernard Madoff instead.

Big Spendin' Barry