Over the last few days the Stock Market has responded negatively to the debt deal. Yes I said the debt deal. Don’t buy what the MSM is peddling about it being our slowing economy. Our economy has seen anemic growth since the beginning of the year. Unemployment has hovered around 9.2 percent for the last two years. Each month we see an “unexpected” increase in unemployment numbers. The housing market is still in the crapper. New construction is down. Manufacturing jobs have been disappearing since Obama took office. And banks are still closing their doors in unsettling numbers. This has been the state of our economy for the last two years and the market actually grew under these conditions. And yet the MSM would have you believe that suddenly market has noticed the lackluster performance of our economy and this is why it’s tanking. Really? Maybe the real reason the market is beginning to implode on itself is because it understands something many seem to be missing.
That something is the debt deal signed by the President earlier in the week. This sham of a deal does very little to address Washington’s out of control spending and our overall debt problem. Maybe the market sees the financial cliff we’re about to drive off of and they’re just existing the vehicle before it’s too late. They see the predictable strategy of printing more money (QE3) to throw at the problem; an act that will only devalue our dollar even more and greatly reduce the spending power of the average American. They see that very soon our credit rating WILL be reduced because there was not a serious effort by Washington to get their spending under control. And lastly during all the debt ceiling talks in July they witnessed the Obama’s administration continue to write and enact massive regulations on the private sector. Folks the truth can be painful friend. What I mean by this is a painful friend will tell you the truth no matter how much it hurts. It might make you angry but it doesn’t take away from the fact that it’s the truth. And if you stomach it, face it, and accept it, you will be better for it. And the truth is we were all played by Washington this past week.
Speaker Boehner settled for a do nothing plan that cuts just over $2 trillion in spending in 10 years. The problem is we’re projected to spend over $ 8 trillion in the next 10 years. So our overall debt is going to increase by over $6 trillion. This means government will continue to expand and the private sector will continue to contract. Nothing but smoke and mirrors and the market sees this. We need to come to terms with this simple truth; Speaker Boehner is part of the problem and should step down as Speaker of the House and someone should be installed in that position who stand by principle and advance the conservative cause. Boehner in my opinion has actually hurt the cause. Ronald Reagan once said never speak ill of fellow Republicans. Out of all the great things Reagan did and said this is the only point where I disagree with him. We have allowed these establishment beltway types to run the show for far too long and look where they have taken the conservative movement. At some point we need to cut our losses and demand new leadership that will actually help usher in the conservative wave on its way. These establishment types like Boehner are not about getting things done, they’re about creating the illusion of getting things done. This debt deal, like the previous deal he brokered this past March during the government shut down “crisis” is about creating the illusion that something is actually being done. He actually found agreement with progressives like Nancy Pelosi, Harry Reid, and Barack Obama. How can a conservative find common ground with a progressive? I ask any of my conservative readers if they could find common ground with a progressive. I know I wouldn’t be able to. The market is reacting to the shell game they are playing with our future and that’s the painful truth. I don’t believe a house divided can stand and that is what we are now a house divided. We have a year to build off the conservative gains we made in 2010. It’s time to take a hard look at those who voted for this debt ceiling bill and ask the hard questions. Do they represent conservative values and deserve our votes? Will they stand on principle or cut and run? The primary season is coming. We need to take it very seriously of we want to continue to advance the cause. If we just vote for the same, we will continue to be a house divided and in the end we will be unable to stand. And that’s the painful truth.
Liberty forever, freedom for all!