It is really difficult to believe that a solid democratic system like America's somehow made it possible for someone like Harry Reid to become Majority Leader of the U.S. Senate.

First, he declared the Iraq War "lost" right around the time our troops began to turn things around, and our troops achieved victory despite his demoralizing actions and attitude.

Now on Thursday night, following the God-sent failure of the auto bailout, he declared the following:

"I dread looking at Wall Street tomorrow. It's not going to be a pleasant sight. Millions of Americans, not only the auto workers but people who sell cars, car dealerships, people who work on cars are going to be directly impacted and affected,'' Mr Reid said.

So what happened on Wall Street on Friday?

The Dow was up 64.59 points. The S&P 500 was up 6.14 points. Nasdaq was up 32.84 points (more than 2 percent).

Once again, Harry, your demoralizing declarations were wrong. And in fact, it sounds like fewer bailouts is exactly what we need to get the economy going again.