3 Responses to “Welcome to Obama’s America”

1. task says:

   December 10, 2008 at 9:00 am

   Nothing is more disturbing than listening to conservatives who are seduced by Senator Obama’s cabinet choices and then conclude that there is a possibility that the incoming administration will be an extension of the Bush years. OK, so we will not get out of Iraq as he promised, he will probably leave Guantanamo open and will just let the Bush tax cuts expire. That leaves several thousand other things that he is going to do that make compassionate conservatism (socialism light) appear like Adam Smith unleashed. This guy and his cohorts have, for all practical purposes, politically conquered this Country and all those years he spent associating with super radicals, who teach other radicals, does not hatch a moderate.

   During the early part of the sub prime crisis many people made money but those who bought high cannot go back to the sellers and demand a refund. They bought by free choice. Yes, even though that re-distribution of wealth was done by free choice it was the artificiality of government enablers that fast tracked the whole process and made it all happen. These are the same enablers that decry “foul” when people, by free choice, eat fast foods and buy big cars. Somehow the free market companies and their advertisers unfairly seduced these victims into wasting gasoline while driving SUV’s from one fast food place to another just to eat unhealthy tasty food, yet government never did the same to investment houses when they implied that Fannie and Freddie were worthwhile implied government backed instruments despite their own internal audits which proved otherwise. The difference between these scenarios is that one does not affect anyone, other than those who made the decision, while the other affects us all, yet from Washington’s viewpoint Detroit, McDonalds and Wall Street are all perpetrators who victimized a foolish and uninformed public; and they should know that because the public voted for these super fools who told them so. The greatest perpetrators of all, the congressional dolts, consider themselves caring bystanders who, now given the power, feel they are entitled (obligated) to come to the rescue.

   This entire artificially created housing crisis has laid the foundation for the morons, that caused it, to now come racing to the rescue, in masse, and thereby change the concepts that created the most outstanding example of what a people can accomplish, given the opportunity to be free and unencumbered by central government planners. Not only that but the methods they are about to employ, tried and proven failures, will only aggravate the problem and further bolster their involvement. John Maynard Keyes is not the answer and in this particular case is doubly wrong from a curative perspective; but he does exemplify two well-known facts. Number one is that it will delay the recovery and number two it will grow the government. FDR already established this template and the results are historical. Additionally it will increase debt. So for those who feel that Obama and company have moved to the center I suggest that they examine how well their recovery plan serves to empower left wing big government ideology as it expenses your liberty and freedom in the process. Our children’s freedom is the ever-expanding debt on the federal balance sheet; some of this debt is not even on the books.

   Deficit spending is not necessarily bad when it is done correctly. If I deficit spend to expand a business to provide more and better services, to create new, better and cheaper products it is a sound reason to borrow. As that business expands I may seek to borrow on those assets to repeat the experience. If, however, I borrow money to throw a party or to take my family and employees on multiple vacations it does little to stimulate any real job and wealth creation and, furthermore, leaves me with future debt obligations. The government is not spending what it has previously saved; it is borrowing back what it caused Americans and itself to previously spend overseas for energy and other products that could have been produced domestically within a friendlier laissez-fare environment. America was and should continue to be about economic freedom. People automatically understand commerce on a local basis with the same sensibility that a colony of ants inherently understands how they have to behave, perform and work to insure their survival. Free people possess an economic telepathy; they instinctively know what to do and they respond to economic needs, almost instantly, in the correct fashion. If they are unsuccessful and fail someone else in the market succeeds. When the government intercedes they may create artificial, stubborn and inflexible circumstances similar to the American auto industry for which foreign producers enjoy a price advantage, as labor and government have artificially created, for all practical purposes, a tariff, not against foreign imports, but amazingly against our own companies. Automaker management is not stupid but the mistakes that were once made cannot be easily reversed. They are caught between a rock and a hard place; that are government mandates and seemingly irreversible labor contracts.

   With enough government macro and micro managing of our lives productivity will survive, but will be hampered, impaired and limited, and many who previously came to this country for economic opportunities and liberty will find other international localities that are friendlier and in some cases they will actually return to lands that they originated from. When the maximum corporate tax in Ireland was reduced to 12.5 % and the maximum individual rate was capped at 41% many Irish moved back home. The fact that we are borrowing trillions of dollars to offset the damage that government involvement has already created spells considerable economic hardship for our future. And beyond that we have future entitlement obligations, in the tens of trillions, which are presently completely unfunded. That type of debt is simply unsustainable and especially so when so much future productivity is earmarked to go down an even larger government rabbit hole to never reappear again.

   I have often wondered why so many in Congress are worried about what they consider a tarnished American overseas reputation yet ignore the possibility, enabled by spending and borrowing policies, that leaves the world wondering if we will not someday incur the reputation of “deadbeat”; that reputation could never ever come to pass without the aid and insistence of a socialist overseer bent upon stifling self-governance of a people who wish to prosper through the efforts of their own choosing and self-interest. Some may call this greed. I call it freedom.

   If the US GDP continues to decrease in the face of deficit spending, counties that have long despised us would not hesitate to park their resources somewhere else, especially because they understand that it was our social engineering policies that are at the root of the international debacle. So far the only reason that this has not occurred is because their own socialistic government policies has left them with economies even worse off than our own.

   The pervasive and ubiquitous corruption in Illinois government may have recently produced a string of criminal governors but it once produced Abraham Lincoln and Ayn Rand. I will never forget her comment where she predicted that if socialism comes to America it will come as fascism. What we have been watching is not nationalization but co-ownership, and that is what she had in mind. However in this case there is no way that a Congress of 435 representatives and 100 Senators will ever manage an economy with the same efficiency as a single Mussolini and we all know how that turned out. Considering the current majorities in Congress and the party of the incoming executive I think we have pretty good idea of what an Obamination is going to be like.
2. task says:

   December 11, 2008 at 1:44 pm

   A far- sighted 19th century Frenchman stated that a government would last only until the politicians figure out how to bribe the people with their own money.

   The common chronic complaint, especially of conservatives, is out of control deficit spending. Liberals like to point out that Bush markedly increased the debt and that we had a surplus for one or two years under Clinton. Incredibly, under Obama, the new paradigm, to fix the economy, is massive runaway government spending way over and above anything previously done. From this perspective, if that is the right way to run a government, everyone should love Bush. It is still government spending no matter how it is re-dressed. With this concept you could just as easily cure our economic ills by expanding the military. Obviously they know this is wrong so their only concern is about the growth of government and any excuse that allows them to do it.

   In Alaska, Sarah Palin attacked and took out her own party’s insider, “good old boy” crooks and the citizens received a refund. In Illinois Obama is nurtured by the insider corrupt politicians, who then package him for national consumption and send him to Washington along with his slick, inside the beltway attorney VP. I guess Obama never read Edmund’s Burke’s line “that the only thing that evil needs to succeed is for good men to do nothing.” Since the entire Illinois government is corrupt what the hell did he do about it?

   When you hear Fitzgerald speak about the exculpatory wiretapped conversation related to Blago’s anger over Obama not wanting to play ball don’t just buy it. I suspect that the info may have been deliberately given to the media so that they could protect their sacred cow. Exactly why did Fitzgerald put out this piece of taped conversation? In any event I imagine Blago was quite angry because he could always count on Obama’s cooperation in the past… that is before he made the big-time where he could forget about the old-times.
3. tedster says:

   December 15, 2008 at 1:47 pm

   Barney Frank sounds like “Milton” from office space.
   mumble mumble mumble.