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[bob ford <bobford79 AT yahoo.com>]

Wall Stree Journal:

Excerpt:

So where is the new Obama administration likely to take us? Seven things seem 
certain:


*The U.S. military will withdraw from Iraq quickly and substantially, 
regardless of conditions on the ground or the obvious consequence of 
emboldening terrorists there and around the globe.

*Protectionism will become our national trade policy; free trade agreements 
with other nations will be reduced and limited.

*Income taxes will rise on middle- and upper-income people and businesses, 
and individuals will pay much higher Social Security taxes, all to carry out 
the new president's goals of "spreading the wealth around."

*Federal government spending will substantially increase. The new Obama 
proposals come to more than $300 billion annually, for education, health 
care, energy, environmental and many other programs, in addition to whatever 
is needed to meet our economic challenges. Mr. Obama proposes more than a 10% 
annual spending growth increase, considerably higher than under the first 
President Bush (6.7%), Bill Clinton (3.3%) or George W. Bush (6.4%).

*Federal regulation of the economy will expand, on everything from financial 
management companies to electricity generation and personal energy use.

*The power of labor unions will substantially increase, beginning with repeal 
of secret ballot voting to decide on union representation.

*Free speech will be curtailed through the reimposition of the Fairness 
Doctrine to limit the conservative talk radio that so irritates the liberal 
establishment.






http://online.wsj.com/article/SB122504438328069963.html