Fighting to Preserve Liberty in America
photo by Kevin Dooley
One of the main reasons the current economic problem is so hard to solve and the battle lines are so starkly drawn is that there is strong disagreement on what the problem is and likewise the solutions. The mantra from the left is that the problem is Bush’s fault, there was too much deregulation under Bush, although no one points to any particular regulation repealed under Bush that caused the crisis, and that we don’t tax enough. Those on the right have a different view.
In Greece today riots are breaking out with three reported dead thus far. Millions of Greek workers are striking, led by Greece’s two major umbrella unions, one each from the private sector and the public sector. Stock markets around the world have tanked, the Euro is sinking and other European countries are facing a similar fate.
Is There a Silver Lining?
As President Obama continues to march our country toward cloning the European model, there is a warning to be gleaned from the Greek Tragedy unfolding in the news. They are giving us a gift of their experience. The European model doesn’t work. The Welfare state doesn’t work. There is not enough money that can be taxed from the citizenry to continue to expand the nanny state. At some point the bill comes due. That is happening now in Europe.
So here is an opportunity for President Obama to see into the future. If he doesn’t walk back from the brink of financial ruin he is leading us, what is being plastered on the TV screens in our living room will be his legacy. If he does not turn away, we must re-take control of Congress this fall and retire President Obama in 2012. He likes to talk of eight years of failed Bush policies, but he wants to replace them with thirteen years of failed Roosevelt policies. The difference is that some of the poor decisions that Bush made have a minor lasting impact compared with the enormous unpaid bill coming due from FDR’s policies.
It’s time to turn about, while we still have room to maneuver. The Greeks are relying on the Germans, the French and others in the EU. Who will we call to bail us out if we don’t stop this madness?
Can liberty be saved? Is there a chance that we can rescue our country from the federal juggernaut that wants to reach down into the deepest recesses of your life and take control? They spend your money with reckless abandon and say, “What Me Worry?” Those in power would have indulged in the trappings of office, sated on money and power, and be long gone with their spoils while the crumpled bill lies on the floor for you and your children and your children’s children to pick up and pay.
They have invited many to the party, to eat, drink, and be merry with promises of “middle class” tax cuts that are the greatest April Fools joke of all time. Don’t worry we’ll get the rich to pay for it all. You know, those evil fat cats on Wall Street. But the Republicans on Wall Street have long be replaced by Democrats. That’s right, Gordon Gecko is a Democrat. 60% of Wall Street contributions went to Democrats vs. Republicans. How long will the top 2% of earners keep shouldering the burden before they slow down, stop, or emigrate. Who will pick up the pieces then? Who will support the drunken revelers that Obama piled on the public dole?
AIG Outrage
All of the outrage by Congressional and Administration leadership over the AIG bonuses is the epitome of hubris. AIG contributed $104,000 to each Barack Obama and Christopher Dodd, during the recent election cycle. Do you remember the brouhaha over language in the stimulus bill that had a loophole that allowed the AIG bonuses to be paid? Dodd said he didn’t include the loophole. Later he said he did include it but at the insistence of the Obama administration. Now is it just me or does anyone else see a quid pro quo here? Then they come out red-faced professing that the bonuses are an outrage. Senator Schumer, who is threatening to unconstitutionally tax the bonuses into oblivion, took $112,000 in contributions from AIG.
Lessons from Hugo Chavez?
More recently President Obama effectively fired the CEO of General Motors and now speaks of bankruptcy. I, among many others, said they should have filed for bankruptcy long before taxpayers bailed them out. So now after we have sunk taxpayer money into GM and Chrysler, Obama steps in and effectively runs the company on “our behalf” as owners of 80% of the company and now says bankruptcy is a good idea! When will the amateur hour come to an end? But watch carefully, because Obama will assiduously avoid offending the auto workers union, despite the fact that the union contracts put US auto makers at a $2000 per car disadvantage against the competition. GM (Government Motors) will now be forced to make cars that satisfy Obama’s left wing supporters but that Americans don’t want to buy. It will be interesting to see how the government forces us to buy them.
What Do the Europeans Think?
For years we have been told by the left that we must listen to what the Europeans are saying. They say we have to consider foreign laws in weighing Supreme Court cases. They decried Bush’s policies as alienating our European friends. So what do the Europeans think of Obama now?
The president of the European Union on Wednesday ripped the Obama administration’s economic policies, calling its deficit spending and bank bailouts “a road to hell.” — Washington Post, March 25
A Very Dangerous Path
In March of 1933 Adolf Hitler, proclaiming a national emergency of a potential communist revolution asked the German legislature, the Reichstag, to grant him emergency powers to deal with the situation. Such a proposal required two-thirds approval by that body. The final vote was 441 in favor, 84 opposed. From that point on, Hitler was dictator.
Rahm Emmanuel likes to say, “You never want a serious crisis to go to waste.” President Obama is taking the current financial crisis to ram through a massive power grab. The legislation is being rammed through with such force and urgency that no one has a chance to read it. What ticking time bomb could be tucked in those pages that get voted on and passed without scrutiny? Just look at the AIG fiasco for the answer. No one seemed to know or admit it was in there. If we allow this to continue, we may find some other provision included in the dead of night that will destroy our country forever.
Be on your guard.
