Tuesday, June 23, 2009

A Sign of.....Change?


I have been very quiet these last few months since Obama was elected. It is true that I have been extemely busy, but also I have just been sitting back and taking everything in. I am just watching and waiting to see what happens next.

Obama's overall approval rating is still in the 50 percent range, but it is gradually declining. It could possibly just be the normal shift in support after the first few months of having a new man in charge or it could be something else entirely. I am sick and tired of the conservatives being so darn quiet. I am a conservative first over any claim to an individual party. It is too late to say, "I told you so," because this man is already in office. It pains me to think that there were so many warning signs during the election process showing how much Obama really is a socialist, but it was quickly overlooked or dismissed.

When the "s" word (and yes, I mean socialist not the other "s" word) is used to describe Obama, many people laugh or are disgusted at the suggestion. The common explanation is that Obama is not a socialist but just doing whatever he can to fix the mess that Bush left us. Whenever a president can force a CEO out of his position, we have issues. Whenever a president can attempt to regulate pay of banking officials, we have issues. Whenever a news network like ABC goes to the White House to assist Obama in making a case for one of his positions, we have issues.
Universal Healthcare should be the last thing on our minds right now during this recession. Nancy Pelosi says that healthcare for all is the biggest priority for us. Early cost estimates of healthcare is in the $1 trillion area. Why is this the top priority?

We shouldn't be talking about things that will cause taxes to rise... we need cuts! We need cuts in spending and also in taxes. Oh yes, we saw interest rates go down to 4.625% for a 30 year mortgage in the Spring, but they are back up to 5.625%. Sure we saw gas prices drop to $1.40 in the Spring, but they are back up to $2.50 or higher depending on where you live. The honeymoon is over and sadly I want a divorce. I got into this "arranged marriage" despite my objection but I am stuck.

Early projections of interest rates for mortgages are estimated to be between 7 and 8% by the end of the year!! Because the government has decided to print money so quickly, there will be no other choice but to increase interest rates. That will once again hault any improvement that we have seen in the housing market these last few months.

Sadly..... it has only just begun.....

1 comments:

SR said...

I think we are going to see those numbers drop dramatically here soon. The truth about his socialized healthcare is getting out and the constant race card with Sotomayor and hate crimes legislation is turning people off.