Topic: Barack Obama
Ignore the Economic Crisis; Invest in Bling Bling Today!

While many Americans our collective economic outlook as bleak, President-Elect Obama sees things disagrees. Rather, he feels that now is the time to buy Michelle a new blingin' ring.
by John L. Jones
(libertarian)
Tuesday, December 2, 2008

So here we are, America, in the midst of an economic crisis. At this stage, the effects are transparent to most of us but it is only a matter of time until the gravity of the situation begins to pull us all down. We are well aware of the sub-prime lending crisis and have (hopefully) since realized that maybe we shouldn't be buying things we can't afford. We've seen the bi-polar volatility of the stock market over the last few months and bailouts of failed and irresponsible companies with our tax dollars. Oh, and let's not forget that every day we hear more and more economists coming forth to say that the worst is yet to come.

Ahhhh, but our new President-elect has the solution! He says he wants to invest in America's future, and that he feels the pain of the squeeze put on middle-America in these trying times. He feels so strongly about this that he has decided to put up a personal investment himself. The message he is sending is clear: "Ignore the economic crisis! Invest in bling bling today!" That's right, in an effort to show his solidarity with blue-collar Americans he is buying Michelle a beautiful, custom designed, diamond encrusted, rhodium ring for being such a great wife.

Is it a bad thing to buy your wife jewelry, especially when you've earned the means to do so? Absolutely not. Is it hypocritical to do so after winning the Presidency on a platform of "take from the rich, give to the poor?" Yes.

Now, don't get me wrong. Those of you who know me well know that I staunchly believe that "what's mine is mine" and that every American has a right to spend the fruits of their labor in any way they desire. The slap in the face comes from the fact that while America is faced with rising food prices, inflation, the loss of untold billions in retirement funds, and the possibility of real economic hardship, our new President is blowing the average American's yearly income on a vain trinket. This from the man whose campaign focused on the fiscal irresponsibility of the outgoing regime.

©2008 John L. Jones, all rights reserved. You must have written permission from the author in order to republish this work.
Published: Tuesday, December 2, 2008
Last modified: Tuesday, December 2, 2008

The views expressed in this article are those of John L. Jones only and do not represent the views of Nolan Chart, LLC or its affiliates. John L. Jones is solely responsible for the contents of this article and is not an employee or otherwise affiliated with Nolan Chart, LLC in his/her role as a columnist.

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Reader Comments:

Posted By: Jake, the champion of the constitution
Date: 2008-12-04 07:14:57

This only serves to prove that Obama is truly a complete idiot.  Any rational man with his net worth that truly cared about his family would have bought his family a big gold bar, buried it in the white house lawn, and shot his daughters' new pooch so there would be no chance it would get dug up.

Rhodium is for the birds, unless Rubin, Summers, and Geithner decided to have that market rigged big-time during his reign as well

http://bewareofthedoghouse.com/videoPage.aspx

 

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