Wednesday, November 7, 2012

Elections Have Consequences



I am reminded today of an address to a joint session of Congress by Gerald R. Ford.  On August 12, 1974, Ford said, "A government big enough to give you everything you want is a government big enough to take from you everything you have". 

The American people have made their choice. They have decided that America must change its course, away from the principals of our Founders. And, away from the idea of individual freedom and individual responsibility. Away from capitalism, economic responsibility, and personal acceptance.
In 2008, Eric Cantor went to the White house on day three of President Obama's presidency. At the time, Obama and Democrats had total control of the White House, Senate and House. Cantor tried to share ideas with President Obama for stimulating the economy and creating jobs. When Cantor pushed for small business tax-cuts, President Obama said, "Elections have consequences, and at the end of the day, I won."  

You are right Mr. President, you won and the consequences of this election is already unfolding

Stocks took a sharp nosedive in a post-election selloff Wednesday, with the Dow logging its biggest decline in nearly a year, prompted by concerns over the looming “fiscal cliff” and amid renewed worries over Europe’s weak economy.

The Dow closed below 13,000 for the first time since early August, while the S&P 500 broke below 1,400.

Boeing Co. said Wednesday it plans to employ 30% fewer executives at its Boeing Defense, Space & Security unit by the end of 2012 compared to 2010 levels.
In its statement, UtahAmerican Energy blames the Obama administration for instituting policies that will close down “204 American coal-fired power plants by 2014″ and for drastically reducing the market for coal.

A Las Vegas business owner with 114 employees fired 22 workers today, apparently as a direct result of President Obama’s re-election.
Darden Restaurants, the parent company of Red Lobster and The Olive Garden, announced in October that it would downgrade workers to part-time status to limit costs from Obamacare.
We have become a Country that is in favor of redistribution, national weakness and reduced standard of living and lower and lower levels of personal freedom.  Far too many voters do not recognize that government is NOT the solution sadly they don't conteplate their reduced freedom. 

Not everyone sees Obama’s reelection as a bad thing.  Russian President Vladimir Putin has sent a congratulatory note to President Obama after his re-election.  Isn't that ironic?

 

 

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