Spoiled Brat in the White House
We all might have heard it it on Friday. It was on many tv stations--more than his predecessor typically got. I watched/listened to part of it, but who can actually listen to a thievin' politician's blather for more than a minute or two? A fairly good AP article can be found on Yahoo news here.
Seems the new Messiah has decided to combat the ill effects of nearly a century of deficit spending by doubling the spending(!). We "little people" know (even if we don't always follow the knowledge) that, if you run short of cash, you curtail spending until a more financially favorable equilibrium is reached. Obviously one of the qualifications for the job of President of the United States is that you be unaware of this fact.
Every President (rhetoric aside) in the past hundred years, with the willing collaboration of Congress, has engaged in, and touted the benefits of, deficit spending. The national debt climbs every year (with very few exceptions) and has been climbing like the fallacious global warming "hockey stick" in recent years. B Hussein promises to bring the handle of the hockey stick to near-vertical.
Obama has decided, after reading the Keynes book, How to Destroy a National Economy, to throw away a trillion dollars on wasteful bailouts of failed corporations and pork barrel spending on projects no sane entrepreneur would touch.
Pools are starting up all over the world as to when the bailed out corporations (corpses) will need to be bailed out again. Several of the pools were started up too late. Several failed financial institutions are about to receive further infusions of phantom federal money, having spent the first gift of billions on parties, retreats and bonuses.
The Republicans in the House (many of them) followed the Democrats like sheep. The Republicans in the Senate balked. No one has challenged the Keynes book, or the new Caesar's nonsensical assertions that this will be of benefit to Americans.
It will not.
But the Republicans in the Senate did, at least, vote against this preposterous construct.
Hence Caesar's foot stomping tantrum Friday, during the speech that followed his violin lesson. He screamed that "we don't want to let them (the Republicans) define us." Sorry, Your Majesty, but you've already defined yourselves--as economic morons and petulant thieves. I thought the Boomers were the spoiled brats of the 21st Century, but you children of the Flower Children have learned your "world owes us a living" lessons well.
We know from fifty years of recent history that the thing Republican office holders do best is fold under pressure, and I'm expecting that this will be no exception. The only question here becomes: Were republicans born spineless, or was the spine part of the payment for achieving office?
Unlike many, I don't think our children and grandchildren will have to pay these debts. I don't think they'll have the money. Well, check that: the ultimate repudiation of the national debt will likely be accompanied by another world war at which our descendants will pay the debt in blood and lives.
With states following very similar fiscal paths, I seriously expect that the face of the once-free country in which we live will be radically altered in our own lifetimes.
They've killed Freedom! Those bastards!