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| Death rattle of America |
In just under a year and a half, the White House in collusion with the Democrats in Congress has conspired not to “save” America from a financial crisis they created, but to kill America through a series of multi-billion dollar “bailouts” that have two things in common. (1) They did not work and (2) they have created levels of national debt beyond anything in the entire previous history of the nation.
Seen in this light, they are a brilliant game plan for destroying what was once the greatest economy in the world. It was based entirely on capitalist principles of free market competition, constant innovation, and entrepreneurial enterprise. Tied now as we are to the economies of other nations, there’s not much good news of late.
The Obama administration has imposed the takeover of one sixth of the nation’s economy through its so-called health care “reform” and there are already revelations that it will not save money, but cost much more. It will deprive Americans of the right to make decisions with their physicians regarding all manner of treatment, some of which will literally determine life or death. It will reduce options for medical care as physicians, particularly in private practice, close their doors.
Writing in the June issue of Health Care News, John C. Goodman said, “Despite assurances, the Medicaid expansion included in the health care legislation signed by President Barack Obama is not another unfunded mandate foisted on the states, many states will find their budgets bloated with new Medicaid spending.” Goodman is CEO of the National Center for Policy Analysis. It defied credibility that millions could be added to Medicare and Medicaid roles without raising the costs of these programs. In the end, Obamacare was forced upon Americans, the majority of whom opposed it and still do.
Among the priorities of a new Congress, in the event that power passes to the Republican Party, is the repeal of Obamacare.
The new financial “reforms” need to be rolled back as they too place limits on Wall Street that found itself victimized by the fact that Fannie Mae and Freddie Mac, two “government sponsored entities” are directly responsible for the housing bubble. It is insane that the federal government should hold the majority of mortgage loans. Yet the “reforms” just passed make no mention of either agency!
The Cap-and-Trade Act, renamed a “climate” bill and awaiting a vote in the Senate, would raise the cost of all energy use in the nation and literally destroy the economy. Likewise, the effort of the EPA to regulate carbon dioxide would have the same effect.
Another priority is to take General Motors off life-support for the unions that destroyed it through their salary, healthcare and pension demands. Here again, the federal government has no rational justification for such ownership. The most recent proposed bailout at a cost of $165 billion is yet another bailout for union pensions and this, too, is not a responsibility of American taxpayers.
There was a time in the nation’s history when unions were needed, but now they are largely parasitic, draining the treasuries of the federal and state governments, and no where is this more obvious than in the Service Employees International Union. Obama is so closely allied with SEIU that one wonders why so little attention was paid during the 2008 campaign. This union alone is alleged to have spent as much as $60 million to secure his election.
There are other government worker’s unions such as the teacher’s unions that exert political power in money, campaign manpower, and votes. The teacher’s unions have largely failed their mission to impart the most basic skills, leaving American students behind their counterparts in other nations. Their health and pension benefits, well in excess of the private sector, are a massive drain on the public treasuries of state governments.
There are only two protections left to Americans, the courts and the ballot box. The courts appear to moving far too slowly on the issue of constitutionality regarding Obamacare and, in particular, Barack Obama’s eligibility to be President.
All this demonstrates an astounding lack of power that has always being attributed to Wall Street and to corporations in general. Environmental opponents popularly refer to them as Big Oil, Big Coal, or Big Pharma. They appear to have no power against an aggressively Marxist President, his administration, and a Congress dominated by progressives.
On May 22nd, Rasmussen Reports revealed that 72% of likely voters say they are not confident that Congress knows what it’s doing as regards the economy. There has been little change in this opinion since September 2008.
The voters, however, have demonstrated their power in the election of a Republican as Senator from Massachusetts and two Republican Governors in formerly Blue States. The primaries are demonstrating that the only way to win is to be anti-Obama and the best way to lose is to be an incumbent participating in the destruction of the nation.
The current national state of mind is understandably one of growing fears and it should be in the face of the determined effort to destroy America.
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