Sunday, November 7, 2010

Good News /Bad News

by Max Johnson

Today is a rough day, but there are bright spots. It is much like the Corporate Party taking over the House--there are some small windows of light. Today, there is tons of snow on the East Side of Cleveland which is symbolic of how we got dumped on with the election. It was a repudiation of government, big cities, and progressive ideals. But the one bright spot for today was the end of Daylight Savings Time. I love getting that extra hour back.

Even though the states are going to be crushed with debt and mental health, pensions, alcohol and drug addiction treatment, housing assistance, and welfare will be cut, there are some bright spots. We have heard a few positives from federal officials about their plan. They include:
  1. Reform of the legislative process in the Senate to get rid of the filibuster.
  2. There are many corporate party members talking about ending earmarks.
  3. Rand Paul and others said that they are willing to cut defense spending.
  4. They have pledged to cut the budget to reduce the deficit. This is going to annoy some people. Right now, we have had 30 years of cutting taxes while promising to cut the deficit in the future. The future is today, and people are going to be angry.
  5. They are going to try to repeal health care, which will make people realize that it is better than going back to the old way of an insurance company run system.
  6. They are going to investigate the Federal Reserve, and transparency is always good.
  7. The Corporate party is only focused on defeating the President in 2012. This single minded focus will lead to plenty of mistakes.
It might not be all bad. The Dems are delusional if they think they can work with the other party. I predict that a few states are going to have to go to the brink of bankruptcy because of budget shortfalls. It is like the easier ride into work in Cleveland as a result of the foreclosure crisis and so many people out of work.

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