Tuesday, March 24, 2009

The President's Press Conference II

I predict a steep drop in the markets tomorrow as a result of the rather scary scenario painted by the President tonight on what he plans to do to healthcare, but more importantly, what he is about to do to the tax code.

The so called "rich" will stop buying real estate, and will slow or stop their charitable contributions under the President's plan, supported by a very willing left wing Congress.  If we pull out of this economic morass, it will be in spite of these attempts to "help" the middle class.

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