[Subject: Good luck!]
Open letter to my son in college who voted for B. Obama,
President Elect Barack Obama will be taking office soon. With his left-wing agenda and his Liberal history it is likely that he will allow the Bush tax-cuts to expire, reinstate capital gains taxes on the house I'm trying to sell and increase the taxes on businesses and the majority of the middle class in order to fund his universal federalized medical coverage and the other ‘entitlement’ programs that he has promised.
This being the case, it will probably push the economy into a tailspin. This will result in any profit from the stock that I had dedicated to your tuition being re-distributed to more worthy (including those 40% who don’t pay taxes because their income is below the taxable level) individuals. Since I will not have the money, I encourage you to submit your request for free, government-subsidized, tuition promptly. President Obama has promised tuition coverage.
I will be using my 401-k and military pension to support myself and your mother in our retirement.
Then I wrote this back to Dad.
OH FER …. Please do NOT worry about this. Things are fine. I’ll give your dad a lashing with a wet noodle.
And, finally, I wrote this in my journal last night.
Dad... the economy is already IN a tailspin. You cannot push the blame for that onto Obama. He has 75 days before he even takes office. The blame goes to the king of deregulation, Alan Greenspan, who as I recall was a Bush appointee. Obama will obviously be working to resolve the crisis, but being as how a coalition of the smartest economists in the world has had zero success in raising the Dow back up to the 14000 it was at last year or even to the 11000 it was in the first half of September, I doubt Obama will be able to make everything instantly better, and I even more doubt that McCain could have. The economy will suck for quite a while. But look at this without a conservative bias: it started tanking in mid-September, and has not come back even close to its former level, and not one bit of that crash can be attributed to Obama.
In conclusion, blame George Bush and Alan Greenspan for the failure or tanking of Bear Stearns, Fannie Mae, Freddie Mac, Lehman Brothers, Merrill Lynch, Goldman Sachs, Lloyds TSB, and Iceland, and for the imminent tanking of Chrysler, Ford, and GM. Don't blame Obama for anything. When he gets into office, he'll be inheriting a country in economic shards, and it will keep failing, just like it would have if McCain had gotten elected.
...To be honest, I wouldn't put it past Dad to cut me off for something, but I think it'd have to be more severe than a vote. I'm still the unproblematic son - no drinking, no pot, good grades, nice friends - and his only issue with me is that I didn't absorb the Fox News hogwash that he spends half his waking hours watching. I think he also groups me as a liberal, even though he ought to know that politically I'm anarchist, and only voted for Obama because he mentality wasn't "Drill, baby, drill!" but rather something more common-sense and foresighted, and also less apt to keep destroying the planet. Not that Obama necessarily really cares deeply about the environment. I'm sure he cares, but he's also going to be of the mindset theat we need to find a "balance" between the economy and the environment. In these "balances", the environment never gets the respect we desperately need to give it, because policy-makers (ncluding Obama) see it as something that exists mainly for people who like to go on vacations in it and people who think nonhumans have rights too, beyond the right to be "developed". (What a quaint concept!) I went to Bob's tonight, and inside the graffiti-covered bathroom, there was a piece on the door that read, "This planet is not a resource to be seized and exploited." (Or something close to that.) Underneath, someone had written, "Why not?" The next person had said something about a person with a French name who (naively, they implied) believed animals and the rest of the biosphere had rights too. The next person called into question this person's philosophy, the existence of animal rights, and even perhaps the existence of rights in general. And then the debate got illegible. I believe the rest of the world has rights, but I cut right to the quick and wrote under the original "Why not?", "Because, no matter how hard we pretend otherwise, we are a part of this ecosystem just like every other species is, and if it fails, we fail too." This is the sort of concept I don't expect lawmakers and politicians to understand or, if they do understand it, to act on.