"You never want to have the government involved in your business. They're not businessmen; they're bureaucrats. They don't understand capitalism, they don't understand the profit motive and they don't understand the financial industry."
-Philip Orlando, chief equity strategist of Federated Investors Inc.
Friday, May 29, 2009
Wednesday, March 04, 2009
From Big Hollywood:
Taking the oldest trick out of the tyrant's manual, Obama ran on "Hope" to seize power. Then once he had it, he changed the message to "Fear" to keep expectations low and the masses in line. Maybe that strategy was necessary, since between the unpaid taxes, failed cabinet appointments, the Blago scandal, raging debate over the "spend-u-lous" package and the continued decline of the markets, World War I had a more inspiring first 100 days.This ignores of course that World War I ended a mere four years later with a death toll much less than World War II. In our fear, we can find Hope.