In Another Month The World Ends!
From the desk of Johnny Fincioen on Sat, 2010-10-02 15:18
At least the world as defined by the left in the USA. Their confidence in 2008 to have won a permanent super majority in Congress, lays in shatters. Thank you, Obama. Never before succeeded a President in driving his own party into ruin in such a short time. His arrogance in forcing his socialist worldview upon the American people, against their will, comes home to roost. America is still a majority center-right country where Republicans, Independents and a fair number of Democrats favor maximum economic freedom in a democratic capitalist system.
Obama’s statements during his 2008 campaign, now recognized as blatant lies, but which he still repeats today, strip him of all credibility. People think of him, in the best scenario, that he lives in another world, a dream world. They believe he has lost contact with the American reality, even with reality in the rest of the world. Worst case, people believe Obama is driving America off the cliff on purpose. They presume Obama finds America and its capitalist system the source of all evil in the world, and that he wants to damage America to cut its power and influence in the world.
How do you keep defending the +one trillion big stimulus-package, now that it is clear for everybody it didn’t help the economy nor the common person? How can you praise as the best solution, the yearly budget deficits of over one and a half trillion dollars? Can we spend ourselves out of debt? How do you sell the nationalization of the healthcare as the best thing that ever happened to the American people? Now that we see the first examples of higher costs for the individuals, and limits on service are popping up all over the place.
Well, the Democratic candidates for the US Congress, fighting for their well-paid job, know better. They try to distance themselves from their own votes during the last two years. Not one of them advertises his or her support for the gigantic stimulus funds. That trillion dollars only created a big hole in the budget, and had a negative impact on employment. Not one of them dares to defend her or his vote for ObamaCare, or name it as a reason to reelect them. All of a sudden, they are all convinced America can’t afford to create more debt. But, their only solution is higher taxes. Cut spending? Impossible. Cut some social programs and close some government departments? Are you kidding? The thing is: who still believes these people? Once elected the vast majority of the Democrats follows the party line, as defined by Obama.
The Democrats in today’s Congress are such cowards, they didn’t vote to accept the Obama budget for the already started fiscal year. At this time, not one of them wants to be linked with an extra trillion dollars deficit. They left Washington and headed home to defend their own cushioned job without stopping the huge tax increases, planned to go into effect on January 1. The Democratic establishment feared too many Democrats would vote with the Republicans to abolish this tax increase.
Americans know Obama could only realize his agenda with the active and salivating support of the Democratic Congress. All Democrats are guilty of this support. That is why most Democrats are vulnerable to lose their seat in the upcoming election.
The Republican establishment got a serious haircut the last few months during the primaries to elect the Republican candidate. The person pushed by them lost against the person supported by the Tea Party in several States, for example Nevada, Kentucky, Utah, Alaska, South Carolina, Delaware, etc. The Republican establishment is blamed for helping to expand the power of the government and for aiding in expanding the national debt. A recent poll shows support by 70% of the Republican voters for the ideas and principles of the Tea Party movement. As a direct result all Republican candidates support now more right leaning policies: balanced budgets, small government, grow the economy by lowering taxes and abolishing regulations and government intrusion, maximum freedom and back to the basic principles as defined in the American constitution. The Republican establishment fears to win less seats now because it considers some of its Republican candidates ‘too radical’. The Tea Party answers it makes no sense to elect Republicans who vote with the Democrats.
Obama understands a Republican Congress can severely damage or annul his accomplishments of the last two years. He screams all hands on deck, but stands actually alone in the desert. The number of Democrat Congress members willing to stand with him on a podium can be counted on one hand. They all flee from him. Obama’s closest staff members in the White House leave the sinking enterprise.
Obama is in full campaign mode. He travels the country trying to mobilize his followers of 2008, the young, the colored people, the women and the independents. Except for the blacks, all other groups have moved farther away from him. He admonishes his voters by charging them with cowardice, laziness and lethargy. He uses big words and compares his own accomplishments with the abolishment of slavery!
October will be the time of spiced up revelations, shocking exaggerations and insulting lies about the whereabouts and actions of the candidates. Statements or stumbling from many years ago will oblige the candidates into forceful negations, or spirited defenses. October is high noon for the press. Their interest is to present the facts and the lies as shockingly and exaggerated as possible. Scandal sells. But, the Americans understand the one-sidedness of the US press. 82% of the Americans believe the press to be biased for one party. (Poll by Pew Research Center on September 23) The regime-press, which is unfortunately all big names except the Wall Street Journal and Fox News, abandoned true objective journalism in 2008 to make sure Obama was elected. Now they will defend their man in the White House and his disciples in Congress with an abundance of lies, exaggerations and insinuations.
November 2 will be a historic election day in the US. October will be politically very exciting.
world leaders # 2
Submitted by marcfrans on Mon, 2010-10-04 17:01.
@ Reconciler
1) For the sake of clarity (for all) it would be helpful if you would put citations from others in proper quotation marks, and separate them clearly from your own text.
2) It is true that German leaders (and, to a much lesser extent, certain Japanese leaders) have on occasion apologized for specific actions related to WW2. However, these apologies are very much in the past and, as far as I know, were always expressed in a context related to WW2 (memorials and the like), limited to WW2 actions, and addressed to specific victims of those actions. Contemporary German leaders, and certainly not Japanese leaders, do NOT go around the world apologizing for their own culture in a vague general way, nor do they criticise their democratic predecessors and domestic political opponents on foreign soil.
3) I have seen on occasion European leftist politicians (and royal buffoons as well) making vague apologetic statements about past European colonialism in foreign lands and in international fora, but rarely in relation to their own specific country. I have never seen nonwestern political leaders making apologies for their own cultures and their countries' actions while being abroad or in an international forum. This phenomenon of apologies by political leaders is properly associated with leftist Western cultural self-hatred.
@Marc Frans
Submitted by Reconciler on Tue, 2010-10-05 16:31.
I am having some difficulties with the formatting. I will do my best...
The Third Reich and its consequences constitute the founding myth of the current state on part of German soil. It is therefore in the nature of German chancellorship to fall back to that part of German history to ultimately justify all policies carried out. International diplomacy might be a bit more reserved on that subject, but certain direct or further away neighbors of ours are sure to lurk wherever a German official might slip.
Kowtowing is certainly not at the heart of the problem here, and I was explicitly relating to Germany, not any other European country or its representatives.
self-apologetic world leaders
Submitted by Reconciler on Mon, 2010-10-04 09:22.
Do you know of any other world leader who goes around the world apologizing for his country?
This is very odd, and with the exception of the erstwhile president, Jimmy Carter, unprecedented, at least in my memory. Carter is simply a buffoon, and no one takes him seriously. He wields no power at all, so whatever he says is simply an embarrassment.
It is odder that you should not be aware of the self-apologetic nature of German chancellorship. A hearty apology for the ongoing existence of Germany on the face of this earth every now and then is a prerequisite to ascend to that position. It thus usually pains us levelheaded Germans to see the current leader of the USA bend over backwards in front of crooked dictators on any occasion.
world leaders..
Submitted by mpresley on Mon, 2010-10-04 10:56.
Obviously I was referring to US leaders, which may be too parochial. Does Mrs. Merkel genuflect to the Chinese and Third World strong-men when she greets them?
@mpresley
Submitted by Reconciler on Tue, 2010-10-05 16:41.
Kowtowing can happen in many ways, not just physically. Maybe Mrs. Merkel does a curtsy from time to time, but I wouldn't know.
But that is not the issue. Mr. Obama certainly doesn't kowtow on every occasion, but he shares an attitude similar to German apologetism that shows itself in schizophrenic attempts of appeasement of nations who understand only the language of force. This particular desire for appeasement is born out of a fear of being forceful oneself.
As for the Chinese, it is always beneficial to play nice with someone who has you by the balls. I wouldn't throw every situation into one pot.
Kowtowing
Submitted by mpresley on Tue, 2010-10-05 22:13.
Kowtowing can happen in many ways, not just physically...But that is not the issue.
I would not discount the fact of Obama's bowing, and what it implies. On principle, the head of state, especially the head of the most powerful state, should never show such demeanor. It is enough to show respect and courtesy.
As for the Chinese...
The Chinese government and the Americans have an interesting symbiosis, but one that from the Chinese perspective is geared toward their own eventual dominance. Perhaps not militarily, but certainly economically. And in the long run, that could lead to military dominance.
Here I do not want to be misunderstood. So far the Chinese have not demonstrated any significant military presence much beyond their own borders (historically, since 1949 there has been some Soviet Russian and Vietnamese border action, but nothing of significance as long as we discount Korea--and the Korean War situation was something very different from whatever is going on today). And I am not arguing in favor of the American empire. Far from it. But in our attempts to create and defend an empire we are losing the very thing we desire, along with the means to ever attain it. Is it strange to then realize that the Chinese are quite complicit in financing our economic doom?
Chinese are quite complicit in financing our economic doom?
Submitted by ampman on Fri, 2010-10-08 07:56.
Borrower is slave to his lender.
US businessmen are contributing to the US-China trade deficit. Even US VCs prefer off-shore manufacturing. All for short term gain and long term losses.
We talk a lot want to VCs. US VCs to invest as little as possible and get 10X-100X return. Chinese investors put in more than enough money for a sure win, possibly world domination in particular sectors.
@ ampman: maybe it's the inverse?
Submitted by mpresley on Sat, 2010-10-09 01:17.
Borrower is slave to his lender.
There is an old adage to the effect that if you owe the bank a little, the bank owns you. If you owe the bank a lot, you own the bank. There is some truth to this.
But really, does anyone think the Chinese expect to have their loans ever paid off? And shall we forget that the Communists defaulted on pre-1949 obligations? The US could also go into sovereign default. It would not be pretty, but, then again, economic chaos never is.
Tea Party
Submitted by SteveP55419 on Mon, 2010-10-04 02:08.
The Tea Party has shown that the people are indeed thinking. It seems they can see through the lies and slander which I did not think possible. It has given Nixon's 'silent majority' a voice at last. If only he were here to see it.
I believe that the essense of the Tea Party is resistance. If I am right, it could be the beginning of the end to the whole liberal enterprise including political correctness. And if it is a true resistance movement, more liberal outrages will only make it stronger. I am hopeful.
feed back on the many reactions
Submitted by Johnny Fincioen on Sun, 2010-10-03 16:57.
The new breed of the Republicans in Congress will be different thanks to the Tea Party. They understand the dire straits the US is in, and will drastically reverse course. They understand where the Republican Party failed between 2000 and 2006. If the old guard of the Republicans doesn’t follow the new line, the voters will wipe them out in 2012. If the new breed doesn’t act as promised they will be taken out in 2012 too. Understand that the Tea Party is not over. All representatives will be watched constantly very closely. The pressure will stay on.
Spending is the focal point of the Tea Party. Americans want the spending to be cut drastically. It will be very difficult but it must be done. Complete Departments will have to be closed (candidates: Department of Education, Energy, Environmental Protection). Entire Government programs will have to be abolished. The number of civil servants must be cut drastically. Their pay-package must be slashed significantly. The spending must go down by at least 20%, and it must happen very fast. Americans are scared about the future! They are ready for some serious action.
Today, the working population, including the poor, are taxed to pay for civil ‘servants’ who retire in their early 50’s, and who are paid on average (including benefits) double as much as the average worker in the private sector. This situation has worsened during the short period Obama and his union-friends are in power.
A Fool's Solution
Submitted by Capodistrias on Sun, 2010-10-03 16:13.
to the Fool's Paradise which we have created for ourselves.
Yes, the sun on Kappert Isle is intense this time of year, but why not simply make every single human being on the planet, even Kappert, (if confirmed by the DNA test), a US citizen. The fees and taxes we could charge would be phenomenal, the fact that they would be uncollectable as a practical matter would be irrelevant, the uncollected revenue would simply be entered on account receivables and outsourced for collection.
Imagine what we could do with that outsourcing to spread the misery of being a US taxpayer to the rest of the world. Just think of it, you are just your average Imam in the ME coming home from a day at the mosque after instructing the faithful how to drive their vehicles into the nearest Western embassy/school and lo and behold on the other end of a phone call from some call center in Waziristan is Osama bin laden himself: "Allah akbar brother, when can we expect payment for your US I-666?"
political lies # 3
Submitted by marcfrans on Sun, 2010-10-03 15:43.
@ mpresley
1) Obama has only continued Bush's foreign policy to the extent that circumstances have forced him to do so. In Iraq he has simply continued the 'drawdown' that logically followed the success of Bush's 'surge policy' of 2007. But, America's enemies in Irak know that Obama will 'run' - in contrast with Bush - if the political 'consolidation' does not succeed in the end, and that fact in itself will make that political consolidation less likely and ultimate failure more likely. In Afghanistan, it should be clear that another 'Vietnam scenario' is unfolding in view of disbelief (in China, Pakistan, and the muslim world) in Obama's willpower to 'win' (which means putting the enemies of the West's manifest enemies in effective power). The rest of Obama's perverse foreign policy can be summed up as follows: punish your proven friends and comfort your proven enemies (including the UN).
2) We agree that Bush was no fiscal conservative, but there are differences of degree...and we wil never know how he would have proceeded further with respect to 'bailouts'. I suspect that, at least, Bush would have resisted the Pelosi/Reid fiscal absurdities, as opposed to Obama who jumped on that particular bandwagon to economic stagnation.
3) As to gold, the current speculative bubble is not much different from what happened in the 1970's after several "oil shocks", and I trust that it will subside again after confidence will be regained. You cannot run modern economies on a 'gold standard', just like you cannot replace modern medicine again by alchemy and witchcraft.
4) I am less pessimistic than you about the near future. The current unsustainable fiscal policies wil be reversed, and the American people and their institutions will make the necessary 'corrections'. They have done so many times before, and will do so again. Frankly, in that particular respect, 'history' can and should comfort us.
marcfrans writes:
Submitted by mpresley on Sun, 2010-10-03 21:56.
...the American people and their institutions will make the necessary 'corrections'. They have done so many times before, and will do so again.
There will be corrections, that much is certain. Whether these 'corrections' could ever be what reasonable folks might want, or expect...well, your guess is as good as mine, or anyone's for that matter. One thing I do know, the 'American people' are not what they were prior to the mid-sixties. It is a different group altogether. Whether the original article's "new democratic man"--the idea that a nascent economically enlightened electorate will manifest via Tea Party thinking, or whether it will be something entirely different, or even simply business as usual is, in my view, a big question.
political lies # 2
Submitted by marcfrans on Sat, 2010-10-02 23:42.
@ ampman
1) In a narrow sense you are right. Obama promised a radical transformation of America, and he has been delivering on that particular promise as measured by (a) a massive increase in the annual federal budget deficit to double digit numbers (in relation to GDP) and (b) a near doubling of the total existing public debt. All this in less than two years!!...with nothing to show for it, because unemployment is significantly higher than before his misnamed 'stimulus programs' and public investment is lower than ever. Public consumption, by contrast, has been exploding and correspondingly the size of government has increased by 5 percentage points in relation to GDP. If he had spent his trillion dollars on building 50 nuclear power plants and/or an extensive rapid rail system, there would have been something to show for it. But as it is, he has spent virtually all of it on nonproductive subsidies to consumption by 'favorite groups', so there is nothing of real lasting value to show for it!
America's current fiscal policy is worse than Greece's and on a par with that of a typical irresponsible third world government. The negative impact of these fiscal developments on the USA's income growth may take perhaps half a generation to 'undo', and we are in for an extended period of stagnation and perhaps even of stagflation (like the 1970's).
2) However, I think that you misunderstand the author's reference to unkept "promises". These relate more to foreign and security policies, and particularly to his (unkept) promise to be a post-partisan or non-partisan President. Obama has been the most partisan President in living memory, and his ultimate economic record may well turn out to be worse than Jimmy Carter's.
3) As to Obama's feckless foreign policy, it has even been worse than that of George W Bush. Do you know of any other world leader who goes around the world apologising for his country? The French President? The Chinese one? The Japanese or Indian Prime Ministers? The Russian President or the Saudi King, etc...? The consequences of all this (for the enemies of freedom in the world - and they are plentiful - do not fear this American President) will be seen by all...even before Obama's term will come to an end - as it must - in 1012.
4) It is true that the income distribution has worsened in recent times, largely because of dramatic failures of the leftist education establishment in the context of rapid technological advances and more trade competition on a global scale. The irresponsible fiscal policy of GWBush could do nothing about lessening the problem of a worsening income distribution, and neither can Obama's policies of subsidising unproductive activities and foolish consumption. Obama's 'harvest' will be: the same or worse income distribution BUT coupled with many more poor people (in absolute number).
5) Recent failures of the Republican party establishment, and the consequent rise of the 'tea party', have already been dealt with by someone else here. But, your last sentence is truly nonsensical. Bush's last (and worst) fiscal deficit was less than half that of Obama last year and again this year.
A nation cannot advance, neither culturally nor economically, with your (and Obama's) language of 'class warfare'.
@marcfrans
Submitted by mpresley on Sun, 2010-10-03 13:29.
As to Obama's feckless foreign policy, it has even been worse than that of George W Bush.
In one respect, Obama continued the Bush foreign policy. It is interesting to view the liberal press in this matter. During the Bush years, the press was constantly hounding him on the wars (Bush lied, men died, or whatever it was). Now, it is mostly forgotten. The neocons have nothing substantive to say about it, because in effect Obama is a not inconsistent with their views--at least in fact if not in speech.
Do you know of any other world leader who goes around the world apologizing for his country?
This is very odd, and with the exception of the erstwhile president, Jimmy Carter, unprecedented, at least in my memory. Carter is simply a buffoon, and no one takes him seriously. He wields no power at all, so whatever he says is simply an embarrassment.
Obama, on the other hand, is more than an embarrassment in this regard. He is a disgrace. And, as you point out, his demeanor engenders endangerment. Does anyone think that Hu Jintao and his circle take him seriously? Can anyone imagine that Mr. Putin has respect for and fear of Obama? They know he is a lightweight, and they also know that he is temporary.
Bush's last (and worst) fiscal deficit was less than half that of Obama last year and again this year.
I sometimes wonder what Bush would have done, given the burst bubble at the very end of his administration. Bush was no fiscal conservative, he was complicit in the mortgage meltdown, and it would not have surprised me to see him argue for and support bank and industry bailouts. Certainly we would not have had the health care take-over, (we got Medicare increases, instead), but Obama-care will not completely destroy health care and our economy until a few more years. The crony stimulus spending would have taken a different form, if it had been proposed at all.
The negative impact of these fiscal developments on the USA's income growth may take perhaps half a generation to 'undo', and we are in for an extended period of stagnation and perhaps even of stagflation (like the 1970's).
Think about gold. Why would anyone want it other than as an ornament? It has no day to day utility. As an investment it offers no dividend, and you can't readily spend it. You can't loan it out as capital in expectation of a return, and so forth. However, it is now over 1300 USD/oz. It is only that way because people have lost faith in their future, and gold is at least something tangible.
The truth is: future welfare entitlements along with maintaining the empire are simply not sustainable. The next few years will be critical, but I believe nothing helpful will happen from our government, since our government is the source of the problem. I wish the Tea Party movement success in it's economic endeavors, and will support them as I can.
But there are too many questions. Certainly the entrenched Republican establishment are not going to roll over. Instead, they are attempting to co-opt the movement by promoting folk like Sarah Palin.* And with the very low level intellect of Glenn Beck as a mascot (he's still learning, but I'm not sure exactly what, and he often appears to be making it up as he goes along), it's hard to be optimistic.
*Actually, this is not quite right. While the mainstream Republican party know they can count on her, she is in fact promoting herself. I've not seen such an opportunist since Bill Clinton left office and started hitting the circuit.
Ampman, responding to
Submitted by Thomas F. Bertonneau on Sat, 2010-10-02 21:28.
Ampman, responding to Fincioen, writes: “I doubt the American majority, who are mostly below the median in term[s] of income, would be stupid enough to vote Republican again. If they did, they’d deserve what they would get: more tax cut[s] for the rich and more deficit[s].”
I am a pessimist. Human nature and the tenor of the times make pessimism the best policy. Nevertheless, the forthcoming off-year election strikes me as sui generis. I notice that the opposition to the Obama regime is less GOP than it is “Tea Party,” and that “Tea Party” implies (perhaps with less focus than idealists want) something other than the usual, historical outcome of a mere GOP House-and-Senate sweep. Supposing that the sweep occurs, voters will have to keep haranguing their new representatives, of course. Insofar then as “voting Republican” will mean something different, for once, from what it has meant since Bush I, I would challenge Ampman’s statement that an anti-Obama outcome on 2 November will mean “more tax cut[s] for the rich and more deficit[s].” The “Tea Party” voters are not “rich people.” They’re salary earners, hurt badly by the socialist reconstruction of the economy. They want and deserve tax cuts for themselves – and for everybody – just as they want a diminution of government and a restriction of government spending. Naturally “everybody” will include “the rich,” however Ampman defines such people, as it must in any fair system of taxation. One might pose to Ampman: For whom should American voters who oppose socialism vote? Should they not vote? What effect would that have? I expect that the outcome of 2 November will constitute a rebuke both to the Obama regime and to the GOP establishment. I do not foresee utopia, but I do see right now a clarification of issues unique in my voting lifetime.
I have one further question for Ampman: If everyone’s taxes go down, would it bother him that the wealthy shared in the general disburdenment?
@ Dr. Bertonneau
Submitted by mpresley on Sun, 2010-10-03 13:40.
I have nothing substantive to add to your comments, other than to remark that tax policy is just one part of the equation, and today it is almost a small part. Given the levels of spending, and the debt that is created, everything could be confiscated and it may not help pay down what is and what will be owed.
Usually I cannot stomach listening to the President. However, several days ago he made a statement that was, I thought, very useful. In what appeared to be a moment of frustration he challenged his accusers to spell out exactly where the spending cuts should manifest.
Short of a restructuring of our economy along with our very notion of the American empire (something that will likely be forced upon us willy-nilly by events, but not by reasoned political thinking where it should originate) I've heard of no concrete proposals that come to grips with the magnitude of the problem we are facing.
I've lately said, sort of joking--but not quite, that we may be facing days where a vegetable garden and a few chickens in the back yard may be the ticket.
a few small points.
Submitted by mpresley on Sat, 2010-10-02 19:04.
Never before succeeded a President in driving his own party into ruin in such a short time.
As I recall, it did not take Jimmy Carter too much time to tank future Democrat prospects. But, in the context of the time, BHO makes Mr. Carter look rather like a piker.
His arrogance in forcing his socialist worldview upon the American people, against their will...
Let's not forget that the president is not elected inside a vacuum, or by fiat. Mr. Obama's views are in fact shared by many Americans. As the country becomes more and more Third World in outlook via non-European immigration, and considering the political experience of most Third World countries, he may even appear "moderate" to the new electorate.
How do you keep defending the +one trillion big stimulus-package, now that it is clear for everybody it didn’t help the economy nor the common person?
I only want to point out that the the younger Bush began the bail-outs: consider the policies of Bernake (still around) and Paulson (current gig at Johns Hopkins).
political lies
Submitted by ampman on Sat, 2010-10-02 18:28.
"Obama’s statements during his 2008 campaign, now recognized as blatant lies".
That's an assertion. Politicians make many promises, often undelivered, but are they "blatant" lies? Obama, like most politicians, has visions of their ideal world. Delivery on those promises doesn't depend solely on him but on what kind of budget Congress votes for.
We've seen more empty pledges from the Republicans, with actual resulting obscene more huge income gap between the rich and the poor. I doubt the American majority, who are mostly below the median in term of income, would be stupid enough to vote republican again. If they did, they'd deserve what they would get: more tax cut for the rich and more deficit.