"Elections Have Consequences" (Judd Gregg)

For those of you who voted for Mr. Obama there's a future of haunting consequences that will bite you for a long time to come. Remember Judd Gregg who was nominated to be Obama's Commerce Secretary? He withdrew his name when he realized he would be working for a socialist. He doesn't call it socialism in the article but anyone with a brain knows what Obama's budget is: BIG GOVERNMENT and that by any other name is Socialism.

"From health care to global warming, financial regulation, spending and tax policy, Mr. Gregg doesn't pull any punches in his criticism of the new president. He may be "a charismatic person" with "a very strong understanding of who he is and what he wants to do," but when it comes to the substance of what Mr. Obama seeks to accomplish, Mr. Gregg is less charitable. "They have a goal," the senator says, "and he's very open about it. They are going to grow this government."

Mr. Gregg believes the stakes are high. "This is the first time a budget's had real meaning in a long time," he says. In recent years, presidential budgets have been formulaic exercises. Even if Congress went on to adopt them, they would only serve, at best, as rough guidelines for the real work of crafting the appropriations bills that actually set discretionary funding levels. But this budget "is real, and he [Mr. Obama] intends to push it."

That's bad news, in Mr. Gregg's view, because "We're headed on an unsustainable path. The simple fact is these [budget] numbers don't work and the practical implications of them are staggering for the nation and the next generation."

His "main concern," he says, "is that if you look at the Obama budget, it projects on average about a $1 trillion deficit [every year] over the next 10 years." And as a result of all that spending, "You see the size of government growing from 21% [of gross domestic product] to 22%, to 23%, 24%, 25% . . . toward 30%." (READ WSJ)