They got their wish

Remember the recent presidential election?

Sure you do. It was in all the papers.

Anyway, there was talk about how bad the economy was, and that putting a Democrat in office — even a raving socialist like Obama — would bring back the Clinton economy. Remember that?

Well, guess what? It’s happened.

The Dow closed this afternoon at 6725.02. It hasn’t closed that low since April 21st, 1997, when it closed at 6660.21.

That’s when Clinton was president.

At this rate, we’ll soon be a prosperous as we were during the Roosevelt administration, where the Dow peaked at 194.40, on March 10, 1937.

Ah, the good old days.

So how else were we right?

During the run-up to the recent election, those of us on the right said that an Obama election would be bad in several ways, including for the economy.

And now, Barack Hussein Obama agrees:

In the intervening weeks, the economy has showed clear signs of worsening. Employers said they eliminated more than 500,000 jobs in November alone and retailers reported disappointing holiday-season sales.

“The economy is going to get worse before it gets better,” he said twice in the early moments of the interview, taped Saturday in Chicago.

What else does he now agree with us about?

That he’ll be weak on national defense? That he’ll raise your taxes? That he’ll increase government interference in your life? That he’ll send the country to hell in a handbasket?

I wonder: Regarding Obama, what else we were right about?

Supporting the auto industry bailout

After much consideration, I am in favor of the auto industry bailout.

I don’t make this decision lightly. I considered many factors, and have decided that it would be best if the U.S. government bailed out the Big Three auto makers.

The thing most people forget is that the U.S. auto industry is more than Ford, GM, and Chrysler. Those are the big auto makers that are headquartered in Michigan. But that’s not where all the cars are made.

Tennessee, for instance, has GM plants. And Volkswagen is building a plant there. Nissan builds vehicles there, too.

And Alabama. Mercedes builds vehicles there. Yes, there are Mercedes built in Alabama. Betcha didn’t know that. And Honda vehicles, too. And Toyota.

Georgia is getting a new Kia plant. They’re hiring, by the way.

What all this means is, while things are rough up north, the auto industry in the south is doing well. Or a helluva lot better than Detroit.

I live in the south. Born here. Live here. Love it here.

And that’s why we need to bail out the auto industry. Up north.

You see, all those blue states — the ones with Democrat governors and Democrat Representatives and Democrat Senators and Democrat Legislatures — have let the Democrats in power screw up their economies while down here in the red states — the ones with Republican governors and Republican Representatives and Republican Senators and Republican Legislatures — have had better economies.

What I’m worried about is that all those folks that keep electing Democrats that screwed up those northern economies will move down here where the jobs are, register to vote, then elect Democrats to power that’ll screw up things down here as bad as it is up north.

So, I say bail out the auto industry.

We’ve got enough problems down here in the south without a bunch of damn Democrats moving down here and screwing things up even worse.

Bail them out.

Or build a fence. Right about the Mason-Dixon line ought to do.

Investment advice

A friend of mine mentioned yesterday that he’s investing in gold.

He seems to think the whole world economy has only begun to go to hell in a handbasket. He thinks the worst is yet to come.

Because he thinks Obama will win the election.

And Obama might.

Yes, my friend is right: If Obama wins, things will only get worse.

And perhaps my friend has the right idea: invest in metals.

Only, I don’t think I’m going to invest in gold.

I’m thinking steel, brass, and lead.

steel, brass, and lead