Man, the leftist elites are flipping out. It must be hard waking up to the realization that democracy involves “the people” and not “you telling the riff-raff what they ought to do”. Congratulations to Scott Brown this morning but more importantly, congratulations to the people of Massachusetts who went to the polls in unprecedented numbers yesterday for a special election sending a message to incumbents across the land in both parties that they are vulnerable if they no longer represent their constituents. Democracy and liberty aren’t dead yet in the Republic.
When avowed liberal talk show host Jon Stewart starts doing segments called “That’s Great, Now Fix The Economy”, I think it’s a pretty good sign that the honeymoon period is over. Hope and Change and all that jazz.
|The Daily Show With Jon Stewart||Mon – Thurs 11p / 10c|
|That’s Great Now Fix the Economy|
I wonder how all those high tech workers feel after having supported Obama so strongly during the election only to find out that he wants to do things like regulate venture capital firms with over $30 million in managed money. This covers most of the VC firms out there and means that they would have to register with the SEC and jump through god knows how many hoops to fund startups. If this happens, it will certainly have a cooling effect on innovation and I can’t imagine all those VCs up in San Francisco are happy about it.
The financial meltdown will result in higher government regulation of all kinds of industries and it will have negative long term effects on innovation in this country. This is only the beginning.