Looting the Wealth of Nations
February 17, 2009 · Publius · Print This Article
If President Obama and the leadership of the Democrat party are not Socialists, it has become impossibly hard to differentiate them as anything else. And since they have fully infiltrated and now control our Democratic Republic they are all too eager to get the Revolution started with a massive spending bill that will increase the government and stimulate the Democrat Party by historic proportions.
President Obama will sign his stimulus bill into law today, getting the collectivist foot in the door for such projects as national healthcare, federalized education, and redistribution of wealth, while also rewarding extreme leftist groups who have helped them achieve the power they now wield. At the same time his Treasury Secretary and National Economic advisors are working with Congress to make sure that banks stop foreclosing on houses (federally subsidized housing) and capping executive pay (snuck into the stimulus just in time).
Six months ago no one would believe this could happen in the United States. It is happening though because Obama has impressively capitalized on a housing crisis in the economy, persuading the media and his loyal followers that capitalism and Bush economic policies are to blame. There is much to say for how effectively Obama and his team used economic fear tactics to win the Presidential election and get an unprecedented spending bill passed. However, keeping the crisis going for four years will no doubt prove to be a challenge.
The government stimulus bill and the redefining of TARP represent a looting of the wealth our country has accrued and the progress and prosperity we have achieved over the last 25 years. It is parallel to a mob taking advantage of disaster to enrich themselves and destroy what they have no need for. In this case Obama has broken into the national bank account and is passing out money to those he needs to vote for him and adopt his ideology. At the same time he is bashing the principles and philosophy that brought us to be the most prosperous nation in the history of mankind. The ultimate goal being to achieve an America whose government, economy, and national religion will all become Socialism.
If the Obama administration and the media can declare success for the stimulus package, and lord knows they will try, Obama will then be able to further his agenda of higher taxes, national healthcare, federally controlled education, and the rest of what Socialism has to offer. That is why it is so important that the Americans footing the bill for this bill (pun intended) must be aware of what will pull the economy out of its malaise. The economy will recover because business leaders and job seekers will make necessary changes to get back to where they were before the setback. It will not be because Obama used taxpayer money to computerize medical records, build some bridges, and give low-income people back their social security payroll taxes.
Obama has boldly gone “all in” with the political capital he has accrued from the low-income, under educated masses during the economic downturn. It will take self-reliant, taxpaying individuals to call his bluff and declare the stimulus an Obama failure when the time arrives. No further undoing of our capitalist structure and consolidation of power by the federal government can be allowed if we do not want to end up like Venezuela.
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