Free-market failure?
December 30, 2008
Obama’s surrogates and spokespersons are out on the news talk circuit, re-setting expectations for the Anointed One’s first year in office. The massive socialist spending spree promised during the campaign is now being repackaged as an economic stimulus and ‘infrastructure investment’ to quell fears on Wall Street and the world banking system. As before, they blame the ‘failed Bush policies’ for the current economic problems, but there’s a new twist - they’re now openly condemning our entire economic system. That’s right, Obama’s people are attacking free-market capitalism and the concept of private business. They’ve called free-market capitalism a ‘failure’ and they mean to change it. The $800 billion Obama intends to blow in 2009 is a down payment on a brand spanking new socialist economic system, complete with quasi-governmental corporations (remember Fannie Mae and Freddie Mac?), oversight boards loaded with government union representatives, and thousands of politically connected ‘consultants’ and ‘experts’.
Where are the media folks on this one? In fact, where are the Republicans? There is no doubt that Obama will be setting the agenda - he wants his marxist vision implemented quickly, before the masses understand what’s happened to them. This isn’t a matter of hyperbole or reactionary zeal. This man and his backers fully intend to take America down an irreversible path to socialism with a uniquely American twist. Wealthy liberals like the Kennedy’s, Kerry’s and much of the East Coast’s social elite will be protected from confiscatory income and capital gains taxes with rifle-shot exemptions and loosened regulation of private foundations, which are overwhelmingly pro-liberal. Read Phil Kent’s Foundations of Betrayal to get an eye-popping overview of how private foundations influence political discourse and shape national policy.
Working under the premise that repeating a lie often will find it accepted as truth, Obama’s people will relentlessly pound the ‘free-market failure’, drumming this nonsense into the heads of unwary and unsophisticated Americans simply looking for a handout in troubled times. Our fellow citizens will give away their economic freedoms and hope for the future in exchange for a government handout that will be gone in a week. Obama’s counting on it.
Republicans will sit back, shake their heads and pronounce that nobody’s stupid enough to give away economic opportunity in exchange for some cash, and this couldn’t possibly happen. They’re wrong. American voters have proven gullible to a breathtaking degree and demagogues like Obama have taken full advantage of it. Never underestimate the shortsightedness of parasites or their champions.
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