We’ve just had the worst January in the stock market in the past 113 years. That’s right, the last time we had a bad January like this, Grover Cleveland was president and he was ousted in favor of the famous creationist Williams Jennings Bryan. Yep, they were democrats as well.
Osama bin Laden targetted the Twin Towers hoping that he could take out the American economy in one giant attack. He was unsuccessful. After a few short years, the American economy had already surpassed what it was before the attacks, and was even stronger.
President Bush warned Congress and the American people about the coming mortgage crisis. Of course, the democrats in congress, the same ones who were causing the problem in the first place, poo-pooed it and blamed President Bush for trying to talk down the economy. I am not certain what event kicked the mortgage crisis off. Evidence suggests it may have been a hostile withdrawal that was barely stopped in time. Regardless, once people realized how weak the banks were, they started pulling their money out of the system. At least with President Bush as president there was some hope that he would do something wise to allow the free market to rebuild the economy. And so the markets didn’t fall as much as they could have.
But that’s not what he did. I don’t know why he decided, in the final gasps of his presidency, to embrace socialism, but he did, regardless. We are all poorer for it. Several trillion dollars poorer, apparently.
Economic crisis, thy name is socialism.
With Obama, we have seen catastrophic drops on his election day, inaugaration day, and first one hundred days. Rather than embrace the semi-sane policies of tax and spending cuts that he campaigned on, he decided to re-establish the United States Federal Government as the Perpetual Democrat Re-Election Campaign Fund. His first major bill, the Porkulus/Spendulus/Swindle Us bill, was signed into law. Only after people were actually able to read it did they discover the RAT committee, a group of bureaucrats able to shut down government investigations in corruption of their choosing. Otherwise, the entire bill read like a wishlist for democrat campaign donors.
Before the American people and investors could understand the full extent of the corruption in the bill, Obama already announced his Perpetual Individual Irresponsibility Plan. He would take money, forcefully, from responsible, hard-working Americans, people who cut into their spending and pleasure to ensure they have things like jobs and houses. This money would then be spent to help the irresponsible, jobless people who took on mortgages they could never afford and refused to pay them. This plan, the embodiment of the economic principle of “Moral Hazard”, was promptly recognized for what it was, and before he even delivered the speech announcing the plan, the market once again tanked.
Today, the American Investor is running away from America as fast as they can. Our markets are shrinking at an unprecedented level as investor capital simply disappears and runs away. Why? American investors are not as dumb as the average Obama voter thinks they are. It is apparent that the level of corruption in the federal government has gone beyond anything imaginable. We might have written in our history books a time of Robber Barons who used the taxpayer’s wealth to build railroads and empires of steel. This may or may not have been an imagination. Regardless, today we have real Robber Barons in front of us, and its name is SOCIALISM. Its love child is Obama. Its home is in the Democratic Party. And in the backyard they have unmarked graves of the millions and millions who died due to poverty, war and starvation brought on by socialism. And he is far more dangerous to Americans than Osama bin Laden ever was.
Perhaps it’s time for America to declare a War on Socialism. It may be worthwhile to postpone our wars on Terror, Drugs, Poverty, and Scientific Reason (aka, Climate Change) so that we have more resources to stamping out Socialism once and for all. We could devote the trillions of dollars we would have spent paying off the bad debt that Americans create through irresponsibility by educating Americans on the horrors of socialism and irresponsibility. Then, with the remainder in budget savings, we can give information to the American people about what money is and where it comes from, and how they can make more of it, magically, out of their sweat, blood, and tears. It would be far safer to spend trillions educating the public on these “common sense” items than to watch our country be flushed down the toilet by the Obama Administration.
I, for one, will not have a small party when SOCIALISM finally dies.
February 23, 2009 at 12:21 am |
Obama has been in office for one month, and rabid conservatives already can’t stand him because he doesn’t want to pass the buck like the last occupant of the White House. I knew there was a reason why I liked him so much. Too bad folks are more than willing to destroy the country to score political points.
February 23, 2009 at 1:16 am |
Yeah, he may not pass the buck but he’s certainly passing Socialism!