I’m really worried about the economy. I don’t trust government, and don’t like what we are seeing now with cram-down and letting judges reduce principle on home loans. We are moving away from the rule of law; that is the socialist's dream. Obama’s idea of investing hundreds of billions in “green” technology is just nuts. As I listen to Obama’s spokesmen it seems clear that they are unaware of the difficulties with wind power in Europe. I see that California has new regulations that will put chicken and egg producers in that state out of business. Carol Browner as the energy czar will probably push the plan to tax farm animals because they produce methane. And Harry Reid, who is about the dullest tool in the shed, has the Senate working on Sunday on a law that will prevent drilling for oil and gas on Federal land.

Regarding energy, I saw an Obama spokesman say that they plan to move to alternative energy, even if it is much more expensive than fossil fuel. Suppose that they actually did that and managed to reduce the consumption of oil in the US by 10 million barrels of oil per day. That would drive the price of oil back to $15 per barrel. That would harm our enemies, but it would also make US industry totally uncompetitive with the rest of the world. That would result in economic isolation of the US since tariffs would be required to keep US industry from collapsing.