Opinion: Justifiable Pessimism Over Obama Hype

As a student of history, I am not "moved" by the things that are happening in Washington ... nor do I believe that the present programs being hailed by so many commentators and rabid fans of the new president (well, I repeat myself) will even work, except to drain more money and opportunity from the very people who are supposed to be helped.

THE SECOND COMING ... OF FDR

If you are listening to CNBC or any of the other networks that have commentators fawning over our new "rock star, hip president", I caution you in the strongest terms to remain objective. Simply put, the belief that this trillion-dollar money-printing job will work is tantamount to saying "2 + 2 = 5." It's just mathematically impossible to make the kind of monetary changes currently being sold by the hucksters as "change" and avoid the irrefutable law of unintended consequences.

I'm being pragmatic here, folks. Pessimistic, sure. But it's defensible pessimism. ...