In Print Today: Bill Clinton Visits Thomasville
From today’s print edition: Bill Clinton, speaking in Thomasville last night, portrayed his wife as the hero of the working class, the Journal‘s Michael Hewlett reports. It’s a continuation of the campaign’s strategy in Pennsylvania and other states of using the former president to appeal to small-town blue-collar voters. Meanwhile, the N.C. Republican Party’s controversial new TV ad drew fire from both Democrats and national Republicans, but the state party said it intends to run the ad as planned.
Hillary Clinton says her economic policies will restore the economic policies of her husband’s administration. However as the sub prime housing loans and dot com investment bubbles were created and pandered during her husband’s administration, Hillary and her husband ignored Alan Greenspan’s warnings of the irrational exuberance in these markets and both supported China’s entry into the World Trade Organization without any conditions such as protecting the environment or labor and property rights to levels that are comparable to western standards.
The U.S. government surplus (generated by taxes raised from the housing and investment bubbles) evaporated once the housing and investment bubbles burst.
Furthermore, China today is not only a leading contributor to environmental pollution and global warming (thank you very much Mr. Nobel Laureate, Al Gore), it’s also pushing up oil and other commodity prices, taking our jobs and stealing our intellectual property.
Like the Roaring Twenties decade that preceded the Great Depression, the Irrational Nineties that preceded our current decade were both golden ages for technology, scandal-plagued politicians, corporate greed, and unrestrained personal debt and speculation.
As the global economy teeters on the brink of economic meltdown not unlike the Great Depression, America doesn’t need finger pointing and fear mongering, America needs a president whose economic policies are based on confidence, unity and reason. America needs Barack Obama.
John Patrick Smith on 04/25/2008 (10:24 am)