Hi Humans,
Hooray for California. For once you California humans have shown yourselves to be smarter than the the humans in the rest of the USA. While the rest of the country was swept along blindly by their emotions because President Obama and the Democrats hadn't completely fixed the economic problems, California recognized that the problems were created by lack of financial oversight and wild borrowing to support wild spending by the preceding Republican administration. Instead of being clever in fighting our enemies, President Bush drained our treasury with an all out frontal assault on the wrong battlefield in Iraq, without an exit strategy, without consulting and engaging our allies sufficiently, and without a good plan for after the initial battle ended. The Wall Street melt down occured because of the Republican fantasy that markets will regulate themselves without government interference. The stimulus actually began in the last days of the Bush administration when the Bush people realized at the end of an 8 year learning curve that they needed to change course.
Perhaps the Republican victory in the House of Representatives might actually help President Obama get re-elected in 2 years. After all, the economy is beginning to turn around because of the stimulus and should result in a good job picture by the time of the next election. Obama's important legislation has already been passed by the Democratic Congress in the past 2 years. The Republican House won't be able to stop it because they don't have the Senate or the President's veto power, not to mention the lack of public support when people start finding it easier to get a job.
Well anyway that's what this doggie thinks. But what do I know? I'm just a dog.
Chloe