Pay a tax for being white? 4

Should whites be taxed to benefit other races – and so do penance for their “white privilege”?

Again, Mark Dice makes a proposal to people at a beach and shows how stupid voters can be. (Only one man realizes that Dice is joking.)

Posted under Humor, Race, United States, US Constitution, Videos by Jillian Becker on Saturday, October 10, 2015

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Obama a disaster for America and the world 1

Ed Driscoll interviewed Monica Crowley, whose book What the (Bleep) Just Happened Again was recently published. You can find the whole interview on video and in transcript here at PJ Media.

Monica Crowley’s opinions of Obama and his policies are very close to our own. So we are posting some extracts from the transcript, letting her speak for us, while we nod in the background – only  interjecting a few words.

On transforming America:

I really believe that Obama’s objective from the beginning — and it’s not just him, it has been the objective of the far left for a very long time — … is to change the very nature of America. America, the gift that the Founding Fathers gave to us  … a nation that was exceptional because it was based on an idea. And the idea, instead of being based on the ambitions of men …  was centered on the concept of limited government and individual freedom.

And those two things are deeply interrelated. You can’t really have tremendous individual freedom when you have a big government. The idea of the last few decades has been to try to transform that fundamental Americanness, that great American idea that has given us tremendous prosperity and tremendous power, [and made] America into a great nation [and] a good nation. … The far left has been on this mission to strip away both … the limited government part and the individual liberty part.

And for many years they had success in putting up these big, huge entitlement pillars, dependency pillars, pillars that would change the way the government related to the individual; big redistributionist pillars like Social Security and like Medicare, like Medicaid. But they were never able to sort of put the whole thing together and do a dramatic socialist overhaul of the country until they found their perfect marriage of man and mission in Barack Obama.

And so from the beginning, and from day one of his first term, Obama and the far left set out to change the very nature of America, to change our character. And by that I mean strip away the self-reliance that underpins limited government and individual freedom. Strip that away and replace it with massive dependency; dependency on government.

So over the last four years, what they have done, and they have largely succeeded, is change the balance between the government sector and the private sector, change the relationship between the government and the individual, and created and expanded this massive dependency society. …

Obama and the far left have had enormous success in changing the character of this country. …

On the state of the GOP today:

I think over the next four years, certainly, we are going to see — we’re going to see federalism come to the fore. We’re going to see that Tenth Amendment rise.

And the reason is … Republicans now control thirty out of fifty governorships. We control the vast majority of state houses across the country. And it’s been a very interesting phenomenon to watch, because those offices are closer to the people than the presidency and then Washington, Congress, the Senate, and so on.

So when people have a choice, when they think that their vote will actually matter to their direct lives, meaning governor, state houses, they’re going more conservative. They’re going toward conservative governors, not even just Republican governors, but conservative governors, in most states. …

And so what I think you’re going to see is a real tension — and we already see this tension now, but I think it’s going to increase — between Washington, the federal government, and the states. And we’re going to see the states, as they’re starting to do now, on gun control, on immigration, … on a whole range of issues, you’re going to see the states pushing back and asserting their rights on behalf of the people that put them into office.

Taking on the federal government is a really tough thing, especially now, because it’s so big and it’s so powerful under Obama. But I think you’re going to see an increase in states going forward with their own agendas and pushing back on Washington. …

On foreign policy:

I actually believe [Obama] wants Iran to get a nuclear weapon. He has done nothing to stop Iran. Those sanctions that his administration put into place are toothless. The Iranians have found every way to get around them.

He has done nothing but stall. And the Iranians have used that time to go ahead and a) slaughter their own people in the streets when they revolted in 2009; and b) try to acquire a nuclear weapon. And they are getting there with every passing hour This president has done nothing to stop them, on purpose.

I would also say on the Arab Spring, this is a man who wants to see the rise of the Islamists. He wants to see the rise of the Islamists across the board, and that is why he threw over a long time ally of the United States, Husni Mubarak in Egypt. That is why he paved the way for Muammar Gaddafi, who yes, was a longstanding terrorist, but over recent years Gaddafi was trying to reach out to the United States and providing us with crucial intelligence on the movements of Al-Qaeda and the Muslim Brotherhood across Northern Africa. And now we see what a problem that is. This president then went to facilitate his overthrow as well.

Why hasn’t he moved in Syria, where you have, what, upwards of maybe 40,000 people slaughtered under the Assad regime? Well, it’s because he’s been waiting for the Muslim Brotherhood to be poised and ready to take control there as well.

This is a man who knows exactly what he is doing. It is incredibly dangerous. It is completely antithetical to American interests. And now here we are. And we see it with China. He hasn’t taken on China. China continues to be a currency manipulator, getting very aggressive along the Pacific Rim, with very close allies of ours, like Japan and South Korea. Obama hasn’t lifted a finger. North Koreans just tested another nuclear weapon. No consequences from the United States. …

Yes. Obama wants victory for Islam in the world as much as he wants victory for socialism in America. A big step towards Islamic victory would be the defeat, and so the destruction, of Israel. He has to seem to be somewhat supportive of Israel, somewhat even-handed in the – totally defunct – “peace process” ostensibly still taking place between Israel and the Palestinians. But meanwhile he lets Iran build a nuclear arsenal because the quick and reliable way to destroy Israel would be by nuclear attack.

This president came into office with a far left ideology of wanting to take down America a notch or two or ten abroad, because we are not worthy. America’s full of sin from the past, and we have had our way around the world, and now it’s time we pay the price.

So I would argue, and I argue in this book, that his whole philosophy is all being carried out and it’s all deliberate and it’s all on purpose. There is no incompetence. There’s no naivete. It’s being carried out exactly as he’d like to see it.

On the collusion of the media:

The philosophy of the Obama administration is we will do what we want, Constitution be damned. And we know that nobody’s really going to cover the bad stuff, because they’re all out to protect us. They’re with us ideologically. They’re never going to allow the first black president to get into any real trouble. They will protect us. So therefore, we will get away with everything.

And they have. And like I said, with a few exceptions of certain news outlets that have covered Fast and Furious, it really hasn’t gotten covered. And they believe that when the bad stuff happens, whether it’s Fast and Furious or Benghazi or any of the range of unconstitutional maneuvers this president has done, that they can just wait it out, because it doesn’t get covered. So they wait it out, they stonewall, they don’t give any explanations. They continue to smile, and the story blows over. …

These scandals [the Fast and Furious gun-running scandal, and the scandal of the Benghazi murders] under Barack Obama actually have an American body count. Watergate, nobody died. So you tell me which one is the more serious. They have covered up these scandals. They go as high as Eric Holder, possibly the President of the United States, and still, no sense of curiosity from the mainstream media. It’s astonishing. And they ought to be ashamed. …

On how badly Obama is wrecking America:

Assuming he does leave in 2017… I think the extent of the damage we don’t even know yet. I think we have a sense of the extent of the damage, but we really have no idea [of]the destruction that he has wrought and is wreaking on this country.

This is a man who spoke in 2008 about his dream of the fundamental transformation of the nation — his words, not mine — the fundamental transformation. He also talked about remaking America — again, his words, not mine.

And he would invoke the phrase “a more perfect union.” And you know, part of his genius [or Alinskyite training – ed] four years ago was, in allowing those statements to kind of float out there on their own, and allowing the American people to hear those statements and assign to them their own meaning, what they thought he meant by those phrases.

What I argue in the book is, don’t pay attention to what you think he meant. Pay attention to what he meant by it. Now we have four years of evidence as to what he meant by the fundamental transformation of the nation. And that is he intends to change us and is changing us, very quickly, into a European-style socialist state.

The result of that is, as we see in Western Europe, after decades of socialism, we see stubbornly and permanently high unemployment. We see sovereign debt crises that are imploding nations, if not the entire continent of Europe. We see immigration policies out of control, where these nations have lost their very identities, because they have been overrun by all kinds of different ethnicities, including radical Muslims that have taken over a lot of these countries, or at least exerting a lot of influence there.

So you see the results that are absolutely devastating in Western Europe. No economic growth. We see that now here. We have seen it. All of those results of decades of socialism building up in Western Europe, that is imploding all of those once-great nations. We see it happening here on a much more accelerated scale, because this economy is so much bigger, this country is so much bigger than any country in Western Europe.

So it’s happening a lot faster here. And when he leaves office, I do think that this country — the tentacles of redistributionism that he has wrapped around every major pillar of this economy, from the industrial base, to the financial sector, to the energy sector to the healthcare sector, those tentacles will be wrapped so tightly after eight years, that it will be almost impossible to unwind without great, enormous economic pain and dislocation. I think that’s where we’re heading. …

The laws of economics will kick in, and everything will come to a screeching halt.

Inflation, interest rates going up, higher taxes, no jobs. You’re seeing it happening across Western Europe. The debt crisis will kick in and it will be brutal, and it will affect every single person.

You can’t spend the last four or five years — actually longer than that, with the easy money policy from the Fed — you can’t spend all this time pumping trillions of dollars down into the system and not expect inflation to kick in big time. That is actually — massive inflation is actually a tax that affects the middle and lower classes more than anybody else. That is coming.

We have had brave Republicans like Paul Ryan put out budget after budget and plan after plan saying, guys, this is foreseen. We can see this coming. And here’s how we fix it before the crisis hits. But people don’t want to hear it. People vote them out. People — people take the courageous folks and throw them out on their ears. And they don’t listen until they have to. And by that point, the pain so intense that it is going to be an absolute nightmare.

Can it be repaired? Yeah. But I fear, I really worry, that we’re going to have to hit rock bottom before we even get to that point. I hope that’s not the case. But I fear that it may be.

Wrecking America 1

David Limbaugh asks these questions at Townhall:

Does Obama truly harbor a grudge against America? What did he mean when he said he wanted to fundamentally change America? What did his wife mean when she said she’d never been proud of America in her adult life before he rose to power? What possesses Obama to deride and apologize for America? What drives him to instinctively distrust business and the private sector and to believe that federal planners ought to have enormously more discretion in how our income and wealth are distributed? What drives him to reject the American concept of equal opportunity and promote the notion of equality of outcomes? Why is he determined to energize labor unions and encourage a permanently adversarial climate between labor and management? Why is he so adamant about the United States deferring to international bodies in the conduct of its foreign affairs? Why is he hellbent on downscaling our nuclear and conventional forces and dismantling our military space program and our missile defenses?

The questions ineluctably give rise to another. He asks:

Do I believe that he wants to “destroy” America, as such?

To which he answers?

No.

!

Then why is Obama doing this wrecking job?

Apparently, David Limbaugh thinks, out of a kind of insanity:

In his mind, as warped and foreign as I think it is, he doubtlessly believes he is helping to create a better America – a utopia of sorts. That is, he is intentionally trying to fundamentally transform America into something that he believes would be better but that most Americans – and infinitely more if they understood the full scope of what he is up to – would consider horrific, an America that we would barely recognize as the one bequeathed to us by our ancestors.

On the financial front alone, Obama is single-handedly preventing entitlement and discretionary spending reform, without which — as I’ve said dozens of times — America will face financial catastrophe. There is less than zero question that he is doing that on purpose, regardless of whether you think he is otherwise intentionally damaging America. There is no question that he is acting as though he has a vendetta against the oil, coal, natural gas and nuclear power industries. There is also little question that he is intentionally dividing Americans on the basis of race, economic class, gender, sexual orientation and, sometimes, religion.

You don’t have to be a conspiracy theorist to recognize the damage Obama is doing to the republic, and we haven’t even touched on his unconstitutional and lawless usurpations of authority.

And yet –

The question isn’t whether he is intentionally destroying America. The question is whether he is intentionally pursuing a set of policies that are definitely damaging America, irrespective of his motives.

The answer is — irrefutably, emphatically — “yes.”

So David Limbaugh thinks that Obama is destroying America;  that everything he is doing that is destroying America he is doing on purpose; but that he might not really mean to destroy America, only make it something quite different that he – Obama – thinks will be better, because his mind is “warped and foreign”.

While he is right about all that Obama is doing, and we applaud him for raising the questions he does, we find that his explanation doesn’t  make sense. Ignoring the implications of the possible “foreignness” of Obama’s mind, we consider the plea-in-mitigation that his mind is “warped” as he deliberately wrecks the Republic and turns it into a poorer, weaker, ever more collectivist, nightmare.

We declare it a monstrous crime, and reject the insanity defense.

Wrong state of mind 2

Why do economic achievers, like George Soros for instance, who made their splendid fortunes because they had the freedom to do so, want to close that freedom to others? Or to put it another way, why do some who have benefited spectacularly from capitalism then go and vote for socialism and promote anti-free market causes?

We don’t know the answer to that question. There are a number of possible reasons, one of them being that a person might be very good at making money and yet be quite stupid.

Here’s an example of a German magnate who believes that individuals should not be allowed to make decisions for themselves, that bureaucrats know what is best for everybody, and the state should control and distribute the resources of the nation. He speaks for hundreds of millions of Europeans, which is why many European countries – Greece is a case in point – are facing economic ruin.

The story is told in Investor’s Business Daily. We emphatically agree with the editorial opinion.

An ultrawealthy German criticizes private charity, saying it takes “the place of the state.” More disturbing than the statement itself is the sad fact that many in the Western world agree with him.

Der Spiegel reported last week that “Germany’s super-rich have rejected” an invitation to join Bill Gates and Warren Buffett’s “Giving Pledge,” in which the wealthy promise to give away a majority of their fortunes “either during their lifetime or after their death.” Wealthy Germans, Spiegel says, believe “donations shouldn’t replace duties that would be better carried out by the state.” Among them is a bitter Peter Kramer.

“I find the U.S. initiative highly problematic,” Kramer, a Hamburg-based shipping magnate, said in a Spiegel interview. “You can write donations off in your taxes to a large degree in the U.S.A. So the rich make a choice: Would I rather donate or pay taxes? The donors are taking the place of the state. That’s unacceptable.

What is apparently acceptable to these wealthy Germans is the unlimited authority of the state and the prerogative it’s given itself to restrict people’s choices.

“It is all just a bad transfer of power from the state to billionaires,” Kramer continues. … “What legitimacy do these people have to decide where massive sums of money will flow?”

Is it legitimate for the state to demand wealth from some so it can give it to others? …

Money handed out by the state is taken from productive citizens, then distributed through the corrupt and inefficient system of politics … It’s a system based on coercion.

Even better than private charity is private enterprise. Markets meet needs by creating wealth and growing economies. No system can match capitalism in its ability to bring prosperity to so many.

While there’s a place for charity, it’s merely a patch and should be used with great care. There’s no place, though, for forced redistribution. What’s chilling is that so many still believe there is.

Posted under Commentary, Conservatism, Economics, Europe, Germany, liberty, Socialism, United States by Jillian Becker on Tuesday, August 17, 2010

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Welcome or dread the new year? 2

Carol Platt Liebau, writing in Townhall, trumpets a note of optimism for the coming year:

Suddenly, the liberty and free enterprise most of us have taken for granted seem to be in the greatest jeopardy of our lifetime. Worse yet, Democrat politicians have ignored the public outcry, ramming through unpopular legislation that would put one-sixth of the economy (and every American’s health care!) under government control. Regular Americans – the ones more inclined to watch sports or go shopping than to organize protests – have taken notice. They’ve also taken umbrage.

By overreaching and arrogantly ignoring the widespread public discontent with them and their policies, Democrats from the President on down have succeeded in awakening a sleeping giant – regular Americans. They are people who may often take their freedom for granted, but who don’t intend ever to let it be taken away.

They are the male and female heirs to the Sons of Liberty of Revolutionary times, the people who understand the danger of a government leviathan, and who insisted on “No taxation without representation.” After watching the politicians they voted into power last year ignore the common good, instead seeking only power and political advantage for themselves, they’re appalled – and perhaps even a little frightened.

Certainly, 2009 was a dark and disheartening year for lovers of economic and individual liberty. But if next year shapes up in accordance with current trends, the tide is about to change. With a growing recognition of the preciousness (and fragility) of liberty and a renewed appreciation of our founding principles, America is poised for a rebirth of freedom. Hail 2010: The Year of the Citizen.

Has a year of being ruled by a Marxist community organizer and the corrupt majority in Congress made tens of millions of Americans who are not usually much concerned about what their government does, suddenly become aware that they must sit up and take notice of what’s happening to their country? Realize for themselves that eternal vigilance is the price of freedom?

If so, the horrible year will have been worth living through. Obama will have served a worthwhile purpose after all.

We would like to believe that, but we read the signs differently and remain pessimistic.

Americans will be in deeper debt. Iran will have its nuclear bombs. Islam will wage its jihad ever more fiercely against the rest of us. Environmentalists will press on towards their impoverishing, collectivist, crushing goal of world government.

If the new Sons and Daughters of Liberty decide to fight it will be a tremendous battle. Do they have enough courage, passion, and tenacity for it?

We can only hope so.

Not with a bang but with bankruptcy 1

In a Townhall article which we quote from here, Roger Chapin sounds a warning about the weakening of America. He may be exaggerating when he speaks of a ‘nuclear doomsday’, but we do think that Obama is selling America down the river, wants world government and global redistribution of wealth, and that the transformation of America into a weak, decaying, impoverished, socialist country is a danger all too real.

Never before in our history has an American president, deliberately and by design, risked our very survival to a maniacal enemy power sworn to remove America from the world. Yet from all appearances, this is exactly what Obama is doing by failing to vigorously oppose Iran’s acquisition of nuclear weapons. But in spite of the fact that over 60% of the public favors militarily destroying Iran’s nuclear facilities, there’s nary a word of protest from the Republicans in opposition. They’re so paranoid about being labeled warmongers, they have shamefully abdicated their own national security responsibilities, just as John McCain did during his presidential run.

Obama is weakening rather than strengthening our missile defenses. That’s how seriously this Administration takes the Iranian threat.

The reality is that the fanatical, messianically driven radical Iranian zealots will pay any price, including Iran’s virtual obliteration, in order to render the U.S. and its major allies non-players on the world scene. The mullahs expect to emerge from the ruins no longer hindered by the “Great Satan,” free to use their huge oil and gas reserves to fund the imposition of their tyranny throughout the Middle East and beyond.

Not only does Obama’s psyche make him incapable of understanding the radical’s mentality but he chooses to totally dismiss their own pronouncements spelling out their sinister intentions. Obama’s determination to make the United States subservient to an international body of nations is now driving him to systematically reduce our nation to a mere shadow of its former power and influence. …

The practical consequences of Obama’s extreme radical left agenda can only be to put our nation at the mercy of a new world order dominated by ruthless tyrants, thugs and spineless states who sell their souls for commercial gain. His first allegiance is to such an international order – not to the United States.

Obama is not only unfit to serve as commander-in-chief in a time of war, he is a menace to our national security. His obvious intent to allow Iran to obtain nuclear weapons, perhaps under the guise of what would undoubtedly be a totally meaningless agreement not to do so, presents a risk so grave to our survival that it can only be rationally viewed as tantamount to national suicide. Under no circumstances can the mullahs be trusted to honor any agreement, as they’ve proven time and again. …

By almost any standard, Obama is flagrantly guilty of dereliction of duty. It cannot be overemphasized how extraordinarily perilous a situation we are in, especially at a time when virtually the entire Republican Party is AWOL on bombing Iran and strengthening national security. There is no counterweight to Obama’s disastrous policies. Obama himself recently acknowledged that if terrorists get nuclear weapons “we have every reason to believe they will use them.” Despite this admission, he refuses to take the only action that will stop them from acquiring such weapons.

If we citizenry will not take the bull by the horns and demand a total reversal of our nation’s suicidal course, we could very soon experience the apocalyptic end of the America we love and all western civilization. Let us understand that the maniacal, radical Islamic enemies confronting us are irreversibly committed to making such a cataclysmic event happen – no matter how horrific the cost to them. To think that an olive branch of brotherly love could change their goals is sheer madness.

Take heed America, Obama’s policies may be paving the way for a nuclear doomsday.

A vampire bill 0

David Limbaugh points this out in writing about the Waxman-Markey ‘cap-and-trade’ bill: 

Climate scientist Chip Knappenberger, of New Hope Environmental Services, calculates that the bill would only reduce Earth’s temperature by 0.1 to 0.2 degree Celsius by 2100. The Heritage Foundation’s Ben Lieberman says he’s found no “decent refutation of the assertion that the temperature impact would be inconsequential.”

Unfortunately, the bill’s negative impact on the economy would not be inconsequential. Lieberman says the bill would cause estimated job losses averaging about 1.15 million from 2012-2030, and the cumulative projected loss in gross domestic product would be almost $10 trillion by 2035. The national debt from this bill alone, disregarding the multiple bailouts, stimulus packages and health care “reform,” would increase by 2035 for a family of four by 26 percent, or $115,000…

In addition to all the economic destruction the bill would cause, in the end, it is not so much about global warming as Obaman wealth redistribution. “The Foundry” says Obama’s own budget “promises to raise $650 billion in revenues by selling carbon permits (which are the exact same thing as an energy tax),” only $150 billion of which will go to alternative energy production. The rest will be redistributed to people who “don’t pay income taxes.”

Read the whole article here.

Posted under Commentary, Economics, United States by Jillian Becker on Friday, July 10, 2009

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America’s Mussolini 3

One of our readers, A.G.S., sent us an idea he had for an article comparing America now to the early days of Mussolini’s Italy. The thought came to him, he wrote, when he read Mario and the Magician by Thomas Mann. He outlined the article he had in mind and asked me [JB] if I would complete it. At first I was a little skeptical; I felt he was exaggerating. But the more I thought about it, the more I found myself in agreement with him. The following is the result of our collaboration.

*** 

In his famous story Mario and the Magician, Thomas Mann demonstrates how fascism under Mussolini corrupted the Italian populace. At the start of his regime a general feeling spread among the Italians that it was right to impose conformity, and society was gripped by a mood of collective censoriousness. In the story, set in an Italian holiday resort, a child takes off her bathing suit to wash the sand out of it in the sea, and her momentary nudity arouses the wrath of the crowd on the beach, the police are informed and the child’s family is fined. The story as a whole is about the destruction of individual will during an evening’s entertainment by an evil hypnotist. The allegorical implications are unmistakeable.

As in Italy then, an atmosphere of authoritarian regulation is spreading in the US now. There is a powerful demand, emanating from the president and his circle, for mental and physical conformity.

Proofs of this intent abound. Group action and community involvement are encouraged, with the aim of inducing non-conformists to fall in line. The Department of Homeland Security issues a memo warning that persons who have a political point of view different from the present federal government majority are a threat to society. Anyone challenging the theory of anthropogenic global warming, which the Democrats in power have embraced as an orthodoxy, is denounced as a heretic. In the cause of mitigating the projected undesirable effects of climate change, the government proposes to dictate what sources of energy you may use and to what extent.  It will regulate the temperature of your house, the clothes you may wear, the food you may eat, and the car you may drive. In sickness and infirmity your body will be treated as the government decides when its nationalized health policy is imposed. Government will decree what opinions you may express on talk radio, in the universities and schools, and soon in any public forum. By ‘spreading the wealth around’ it will set a limit to how high any individual may rise by his own efforts.  Government will rule on how much business managers may be paid and under what union-dictated terms an employee may work.

When conformity is legislated and imposed by force, dissent criminalized and punished, authoritarianism has become tyranny. 

Obama is the Mussolini of America.

The anthem of America’s destruction 0

 David Limbaugh writes:

When Obama said he wanted to spread the wealth around, we now know (many of us knew then) that he wasn’t talking about fooling around at the margins. He was talking about major wealth redistribution and punitive action against upper-income earners. While this may tickle the ears of grass-roots class warriors, it’s the anthem of America’s destruction.

When government decides how much money each of us should have, we are no longer free. Make no mistake: Obama will not use the tax code and other weapons of government just to fund government services, but to determine how income is distributed. Don’t let the difference be lost on you.

When Obama says that "there is something wrong when we allow the playing field to be tilted so far in the favor of so few … and (that) it is our duty to change it," he is not just saying that higher-income earners don’t pay their fair share of taxes (which is absurd on its face). He is saying that they make too much money – as if that is any of his or government’s business.

While liberals deny this, all income groups did better under the Reagan tax cuts, from the lowest 20 percent to the highest 20 percent, precisely because marginal rate cuts provided an incentive for production by enhancing the connection between efforts and rewards. People work harder when they’re allowed to keep greater portions of the fruits of their labor. Production increases across the board, as does prosperity, thus the term "trickle down."

Conversely, when you separate efforts from rewards, you get less production and less prosperity. True, the higher-income earners earn and keep less, but that does not do middle- or lower-income earners any good.

When the coercive power of government is used to equalize incomes, it guarantees less prosperity across the board and spreads the misery, which is one of the many reasons Marxism and socialism have failed everywhere they’ve been tried.

Read the whole column here

Posted under Commentary by Jillian Becker on Tuesday, March 17, 2009

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Where the young will find themselves 0

 Our top favorite columnist (for being not only right but also funny) Mark Steyn writes:

This is the biggest generational transfer of wealth in the history of the world. If you’re an 18-year-old middle-class hopeychanger, look at the way your parents and grandparents live: It’s not going to be like that for you. You’re going to have a smaller house, and a smaller car – if not a basement flat and a bus ticket. You didn’t get us into this catastrophe. But you’re going to be stuck with the tab…

The Teleprompter Kid says not to worry: His budget numbers are based on projections that the economy will decline 1.2 percent this year and then grow 4 percent every year thereafter. Do you believe that? In fact, does he believe that? This is the guy who keeps telling us this is the worst economic crisis in 70 years, and it turns out it’s just a 1-percent decline for a couple more months, and then party time resumes? And, come to that, wasn’t there a (notably unprojected) 6.2 percent drop in GDP just in the last quarter of 2008?

Whatever. Growth may be lower than projected, but who’s to say all those new programs, agencies, entitlements and other boondoggles won’t also turn out to cost less than anticipated? Might as well be optimistic, right?…

We love the youthful sense of living in the moment, without a care, without the burdens of responsibility… But we also love the idealism of youth: We want to help the sick and heal the planet by voting for massive unsustainable government programs. Like the young, we’re still finding ourselves, but when we find ourselves stuck with a medical bill or a foreclosure notice it’s great to be able to call home and say, "Whoops, I got into a bit of a hole this month. Do you think you could advance me a couple of trillion just to tide me over?" And if there’s no one at home but a couple of second-graders, who cares? In supporting the political class in its present behavior, America has gone to the bank and given its kids a massive breach-of-trust fund.

I mentioned a few weeks ago the calamitous reality of the U.S. auto industry. General Motors has 96,000 employees but provides health benefits to over a million people. They can never sell enough cars to make that math add up. In fact, selling cars doesn’t help, as they lose money on each model. GM is a welfare project masquerading as economic activity. And, after the Obama transformation, America will be, too… 

Posted under Commentary by Jillian Becker on Sunday, March 15, 2009

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