Taking Bows

Sorry about the absence of recent blogs, but I was in Phoenix doing interviews with the 912 project show.
I am pleased to hear that the economy is roaring back. The recession is over. The president and the Democratic Congress are starting to take bows for their fine work and insight.
What I don’t understand is, in such an incline of the economy, how is it that the countries 6th largest bank in U.S. History just went into receivership? On Friday, Colonial Bank of Montgomery, Alabama was closed by the Alabama State Banking Department and the Federal Deposit Insurance Corporation (FDIC) was named as the receiver. I must have missed the administration and congress bragging about this one. I also didn’t hear them bragging about the other 77 banks that that closed their doors so far this year. Come to think of it, I also didn’t hear them discussing that the FDIC reserves are down to about 10 billion dollars.
Looking at the President and congresses managing of the banking industry, why wouldn’t we want them to impose a National Health Care program that hasn’t worked anywhere else in the world? Why wouldn’t we want them to impose a Cap and Trade System that has been a dismal failure anywhere it has been tried? Why wouldn’t we give them another stimulus package when they haven’t spent more than 10% of the last one?
Does anyone see a spending pattern here? The president and congress need to stop spending on tried and failed programs and turn to our failing infrastructure.
Let’s fix the American economy before we start trying to spread the wealth that we don’t have to spread!