The Yellow Brick Road

The Wizard of Oz, aka The Messiah, The Anointed One, The One You’ve Been Waiting For, etc. known formally as President-Elect Barack Hussein Obama is as of today still clear of any entanglements in the Rod Blagojevich affair. Therefore, His Anointedness is proceeding with his Yellow Brick Road plan to create a socialist nirvana, naming ever more extreme leftists to important government positions. The pace hasn’t slowed, even though the Wicked Witch of the MidWest, Rahm Emmanuel, may be called to testify before a grand jury of hopefully not his peers, but average Americans, instead.

The YBR plan (remember, this is a new kind of President) will incorporate lots of pork, handouts and populist pronouncements without doing anything substantial to solve the underlying problems. In fact, it’s more than likely that a Marxist President and a socialist Congress will create many more problems than they will solve and it will take decades to unwind the mess. Think FDR and LBJ. The first is federal insolvency. With a debt load of $40 trillion already on the books and threatening the US economy, His Bad Self is proposing yet another massive Democratic spending spree dressed up as an economic stimulus/green technology package. There’s no point in discussing the benefits of such a trillion-dollar mistake because there are none, unless you happen to be one of the parasites in line to profit from it. The poor, the working poor and the lower middle class will see none of those benefits, because Obama’s ‘vision’ doesn’t include them. That money is intended for unions, specifically labor and government unions, that will see their membership swell exponentially. Government contractors are basically provided their cut for distributing the money to union employees. Government employees are hired to watch over the government contractors. Nothing actually has to be accomplished for all that money, as long as it’s all used up.

Therefore, the only measurable result will be to add more zeroes to the existing debt load. Based on projected government revenues ( our taxes) and how little the government actually puts toward easing its debt load, that $40-plus trillion will be paid off in 3 or 4 centuries, but only if our government stops spending money it doesn’t have. Not money it doesn’t have today, or next year, but money it arithmetically shouldn’t be able to have until 2400 AD. Unfortunately, the money supply continues to grow, printing presses are running on overtime, and entire forests are disappearing to fuel the government’s need to boost inflation. Oh yeah, in case the mainstream media missed this one:  The government wants inflation to go into hyperdrive. Why? The federal deficit can be paid off with zillions of worthless dollars. Problem solved. Back to the printing presses and make it snappy. Will raging inflation destroy middle class Americans? Absolutely. Not the Anointed One’s problem. Hyperinflation gives him and the loony toons in Congress more spending loot and the resulting misery that will keep Democrats firmly in power. The bonus is that they get to blame the Republicans for it.