I really try to stay away from political discussions. I can’t stand people who froth at the mouth over this stuff. I’m making an exception in this case because I’m getting really scared about the emerging patterns that I see…..

Did someone say inflation?
On March 19, 2009 Obama had the Treasury  Invest 1 trillion dollars that we do not have. The fed created this out of thin air in an imitation of Germany in the 1920s and 30s.

Government Takovers –
The Obama administration is considering asking Congress to give the Treasury secretary unprecedented powers to initiate the seizure of non-bank financial companies, such as large insurers, investment firms and hedge funds, whose collapse would damage the broader economy, according to an administration document.
Update (it’s happening) – GM boss steps down at White House’s request

Where is my Tax Cut –
Top Democrats in the Senate announced a budget blueprint Tuesday that would scrap Barack Obama’s signature tax cut after 2010 and blends sleight of hand with modest restraint on domestic programs to cut the deficit to sustainable levels.

Nonprofits fret over Obama tax proposals –
Many wealthy Americans weren’t shocked when Obama’s budget proposal called for raising their income taxes. But there was surprise — and some alarm — over a separate proposal to limit the deductions that couples earning more than $250,000 can claim for charitable gifts. Under the plan, a donor in the highest tax bracket would save $280 on a $1,000 charitable deduction, instead of $396.

Washington gettings it’s fingers on the Newspapers –
With many U.S. newspapers struggling to survive, a Democratic senator on Tuesday introduced a bill to help them by allowing newspaper companies to restructure as nonprofits with a variety of tax breaks.

Obama considering government run ‘bad bank’ for decaying assets –
President-elect Obama is considering a plan by the US Federal Reserve, Treasury and Federal Deposit Insurance Corporation that would see the government establish a bank to absorb bad assets from struggling private banks. This move would bypass any role congress might play.

Here comes the big Change –
Clinton advisor Dick Morris on what he perceives as the real Obama agenda

Update – Now Obama wants to control our internets

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