Saturday, October 25, 2008
America Deserves Obama
The fools. A protest vote against Bush is going to propel this country into socialism and financial ruin. That's where we were headed anyway, mind you. The Republicans were in control in 2005 when the truth about Fannie and Freddie became obvious. Not only did they not go public with this boondoggle's ties to the Democrats they then sat silently by while the Democrats ran the next year yelling, "Culture Of Corruption!" at the Republicans. And they were 100% right...the Republicans were so corrupt that you could mistake them for Democrats. In fact the comity of the Bush years had created one big Government Party, a giant engine dedicated to dishing out entitlements and subsidies to all and sundry. The same mighty entity that hands Archer Daniels Midland billions in ethanol subsidies also created mortgage rules that allowed people to cite welfare and food stamps as income on their mortgage applications. Universities have been wallowing in cash from subsidized and guaranteed government loans to middle class students as they scrambled for the most prestigious degree possible as credentials replace merit as a criteria in hiring. Millions receive the 'Earned Income Tax Credit', a great big fat government check for doing absolutely nothing. The expanding bureaucracy sops up millions of middle class youths with empty college degrees qualifying them to engage in feckless, brain-dead paper shuffling for all eternity.
Thats the thing about the end of the New Deal, virtually everybody is on the take by now. The hidden math is now becoming obvious; the only way that the government can fund its operations now is to print money. Digital money, not worth the paper it isn't printed on. But what does a country filled with idiots who are hopelessly up to their eyeballs in debt know or care about sound financing? Who cares about that kind of crap anyway? John Q Public runs his household on the plastic, with an occasional refinance to zero the cards out. These current troubles are all Bush's fault so if we get rid of Bush and the Republicans it'll be OK, right?
Its certain that raising taxes will lower revenues drastically. That is, its certain to me. Its not so certain to the Democrats. Somehow they missed the memo about what happens to investment capital when you tax it too highly. It disappears. When you tax income too highly people tend to spend rather than invest and in many cases lower their incomes by doing less work. There's a country 150 miles to the South of me where you only have to look to see the results of oppressive government. I'm glad the Racists didn't get that fence built, we might need to get under it to get the jobs that will blossom down in Mexico once the environmental laws in this country close down the agricultural sector up here. A nice job in Sinaloa picking tomatoes. Thats what those idiots are voting for. It'll be a nice 'Change'.
I was talking to my brother on the phone. He's a cement contractor in Las Vegas. I asked him if people had thought this 'spreading the wealth around' thing through. After all, the most valued customers in Las Vegas are the upper middle class, people with real disposable income. But that disposable income is going to get 'spread around' (ie. seized by the state). That can't be good for a place like Vegas. The enviros want an end to individual automobile ownership and consider filling the air with Global Warming-causing carbon fumes as you drive from LA to Vegas as a crime against the planet. Why is Obama ahead in the polls in Las Vegas? A socialist government will reduce that City Of Fools to a desert ghost town where tumbleweeds blow down the deserted streets.
Why are they voting for Obama in Michigan? Or New York? These are places that are staring bankruptcy in the face because of excessive taxation and regulations. I thought people always voted for their economic best interests but here we are. The people who have the most to lose are the most enthusiastic advocates of economic suicide. The upper middle class is living in a dream world. There are already bills in Congress that will nationalize all private 401k's. Lets vote for more Democrats so that they can get passed more easily. When the rich and their money take a powder because of high taxes whose wealth do you think it is thats going to get spread around?
Thats why I'm sad. This society is completely delusional. Our image of who we are does not match the reality of who we are. This is a whining, spoiled country of people who feel entitled to carve out a nice cushy spot for themselves at the expense of everyone else. The outside world is forgotten, aspirations to world leadership an expense and a bore. The old rules that built the most prosperous society in history are scorned and ignored. Enterprise has turned into a few giant companies bribing compliant legislators for protection from competition and conniving huge subsidies from the public purse. These giant multi-nationals encompass bureaucracies as large and counter-productive as those in government. Labor unions have become not the champions of oppressed laborers but the bloated advocates for overpaid, lazy and worthless parasites.
The old ethic of individual achievement is scorned. The collective is what's important. That was the essence of America's greatness, the idea that your fate was your own. I've spent a lifetime listening to immigrants telling me how lucky Americans are to be masters of their own fates; that was the definition of freedom to them. But how many of those same immigrants, now completely assimilated into American society, are going to vote to rob themselves and their children of that very freedom they struggled so hard to obtain? I suspect they'll be voting for Obama in large numbers.
That we could have an election with so many unmentioned weighty issues hanging over our heads and two such inferior candidates is what's wrong with this country. This election is a failure of the current political and social system. The cataclysm which will follow as these Democrats put their absurd social engineering schemes into motion will be dire. But not undeserved.