After three years of Obama the private sector is shell shocked. They plan to dig deep holes and hibernate until Obama is gone. For example.
1. Shutting down oil exploration and voiding oil leases.
2. Repeated Federal financial crisis and lack of Federal budget.
3. Obamacare
4. Dodd Frank
5. Taking over GM and Chrysler
6. Calling for punitive taxes against oil companies and corporate aircraft. And against "the wealthy" who don't sound very wealthy, they sound like pretty much everyone.
7. Threatening Boeing's new North Carolina plant for 787 production
8. FCC taking over the internet via "net neutrality" regulations, despite a court order not to.
9. EPA running amok and trying to shut down everything that burns anything.
10.Gun running into Mexico (Fast and Furious)
11.$14 trillion federal debt.
12. 54 mpg CAFE.
13. Killing off Gibson Guitar. Obama's Feds have put Gibson out of business and thrown all the workers out on the street for no reason (other than Gibson has contributed money to Republicans.
After all this anti business action by the Obama administration, investors of all sizes have decided to bury their money in the backyard and wait for safer times. At this point there is nothing Obama can do to overcome the fear that the last three years reign of terror has created in the business community. With luck he will be gone in 2012. Too bad we have to wait that long to start putting people back to work.
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