Friday, March 06, 2009

$4 trillion poker game

Times Online reported In his first month in office he has pushed through an unprecedented $787 billion economic stimulus package,
Not to stimulate the economy, but the Democratic Party's sources for campaign donations.
announced plans to save the car industry,
By preventing the one thing that could save it: the clensing fire of Chapter 11 bankrupcy
stabilize the stricken banking sector
And give the criminals bonuses rather than sending them to prison.
and stem the flood of home repossessions.
Making people who bought houses they can afford also pay for the houses of people that bought houses they knew they could not afford.
Then came his near-$4-trillion budget last week. It is a manifesto to usher in a new age of government activism that involves levels of borrowing and spending never before seen in the US
As the Democrats seek to make everyone dependent on the government.
and is a document of such staggering ambition and risk that even some of Mr Obama's Democratic supporters are suddenly beginning to feel a little queasy.
They did not realize what he really intended.
A keen poker player, Mr Obama is gambling not only his own presidency, but the future wellbeing of the country. If he pulls it off, they might find room for him on Mount Rushmore.
I doubt they would throw him off there. Maybe just some time in prison.
If he fails, he could bankrupt the world's largest economy.
Which is exactly what he wants.
.... What was most striking about the budget - including that it will explode the federal deficit to $1.75trillion this year, its highest since the Second World War - was that it was a ruthless declaration of how Mr Obama intends fundamentally to change the American social contract, from Right to Left.
Like any coup leader.
Its goal is not just to rescue the economy. It is to crush conservatism,
And anyone else that opposes him.
end the age of anti-tax, anti-regulation policies that have been the guiding philosophies of US governance for a generation,
And that made us the world's only super power.
and usher in a fresh “epoch”, as his aides call it, of New Deal-Great Society wealth redistribution and central intervention
And make everyone dependent on the government for everything.
that were repudiated by Ronald Reagan 30 years ago.


Jedi Knight Ivyan said...

I'm thinking Obama is getting a little too much credit for ruining the country. Pelousy and pals are giving him an awful lot of help. I think he's a clueless poop-for-brains. He's a puppet for the socialist/communist left.

I think he was initially an invented candidate meant to play second fiddle to Hillary. And then they saw how rabid the fanaticism and how easily he could be led.

His faults are hubris and naivete. He just doesn't get it. He's still some little idealistic college student who doesn't get how his ideas will play out in the real world.


Don Singleton said...

He certainly is being controlled by Pelosi and others, but he is not resisting it, because he wants to change the country into a socialistic utopia, and he is too dumb to see how many times it has been tried, and how it has never worked before, and won't now.