Comment on Dr. Grace's opinion.

I do agree with Dr. Grace's opinion on how Barrack Obama may be the cause of our economical situation.
It seems as it became very visible at the time when Lehman Brothers filed Ch 11.
Then little after AIG showed the insolvency dragging down its stock price which is now around 50 cents.
John McCain was saying that American economy is solid and strong.
And did people believe him? Maybe yes and maybe no.
Did the public not expect this to happen? Maybe yes to some and maybe no for most of us.

We ran into the economical condition that many says that it would only be experienced every 100 years or so.
We can clearly see that this statement is true.
What happened to DOW at beginning of this month? It dropped below 6800.
Lowest that we have seen in very long time.

We all know that the economy is bad enough.
President Obama's various plans must be driving anxiety to many of us.
For example, the stimulus plan, Nationalized health care which was proposed to take place during the campaign.

It makes little sense to me that these types of plan would lessen the strain that we already experience today.

This website shows the opinion about the stimulus plan.
http://newsbusters.org/blogs/noel-sheppard/2009/03/06/when-will-media-blame-economy-bear-market-obama

Here is reuters report about the health care. By looking at the cost, it does not make any sense to me that obama's health care proposal will put us in good shape.

http://www.reuters.com/article/businessNews/idUSTRE51P84G20090226

In addition, why do we need stem cell research?
At least can we chose the right time to do this?
Why does he need to change the regulation on something that has been set prior so that he can invest tons of money on this weird unnecessary thing?

http://www.reuters.com/article/smallBusinessNews/idUSTRE52F30320090316

In conclusion, I believe that economy is bad enough. And even today, we have not seen the end of it. There must be something done.