Thursday, July 02, 2009

Democrat Economics Beginning to Look Like a Disaster


Barack Obama's (and the Democrat's) economic failures comes to no surprise to me. Obamanomics is failing, and failing badly. Even the leftard propaganda wing over there at the New York Times is proclaiming that there is no recovery in sight, and that economists going around telling people the recession may end this year, even though the unemployment rate will continue to climb (after the Obama Administration told us it would peak at 8%), is "mumbo jumbo."

Problem with The New York Times, however, is that they don't think Obama has spent enough money.

Trillions of dollars, folks. Fiat money is being pumped into the system, and along with high unemployment numbers, and the government taking control of every corner of the private sector they can get their hands on, when the devaluing dollar finally makes its impact, the inflation will be unbelievably horrid. Rising interest rates, coupled with rising costs (which is not even considering the rising taxes to pay for his Health Care monstrosity, or the rising energy costs from the despicable Cap and Trade Bill before the Senate as we speak), will put us into a depression of the likes that will make Jimmy Carter's damage to the nation look like child's play.

Of course, that is not all that Obama is up to. After all:

By tightening environmental laws, property rights are falling under more government scrutiny and control. Obama has specifically said that property rights are "selfish."

Obama has repeatedly proclaimed that the rich does not pay enough in taxes, and the graduated income tax must be made even more steep so that the "rich pay their fair share."

Obama has indicate that he not only wishes to keep in place the estate tax, but that the death tax may need to be increased.

The Department of Homeland Security Reports have been very critical of dissent (rightwing extremists), and suggests the Democrats may be willing to imprison "domestic terrorists" (as was suggested by the 1997 Crime/Terrorist Bill) should they continue to speak out or write against the government.

The Obama Administration has come down hard on mortgage lenders and credit card companies for their predatory lending practices, and the government has taken action that would heavily regulate, and control, the credit industry.

There have been constant worries the "Fairness Doctrine" may be brought back to life. The Democrats have expressed a desire to control the Internet with more regulations. The television industry, now falling completely into the digital realm, is now more easily regulated by the government.

Obama has ensured the the automobile industry, and the insurance industry (companies like AIG) are receiving government funds, which places them under the tight scrutiny of the U.S. Government. This allows the government to ensure factories, and other manufacturing entities, fall more in line with government regulation. The Democrats are specifically trying to use environmental legislation to make sure the automobile makers produce more environmentally friendly vehicles. The Environmental Protection Agency is also now playing a much larger role, ensuring American lands are regulated, and are treated in ways that best suit the environmental goals of the Democrats.

The GIVE Act wishes to create a domestic "army" of sorts, which will allow young people to serve their nation, and receive credit for such service.

Obama has chosen former Iowa Governor Tom Vilsack as his Secretary of Agriculture. Vilsack has a history of promoting factory farms. Obama has also been quoted as being in support of communal farms, and eventually the elimination of private farming.

The public school system provides free education for all children. Hillary Clinton suggested that government run pre-school programs should be in place. After all, it takes a village to raise a child. Obama has shown much interest in increasing federal funding, and control, over the public school system, to ensure the children are taught in a way agreeable to the federal government's desires. In other words, he wishes to nationalize the entire school system, including doing away with the private school system, eventually.

Problem is, those last ten paragraphs also run in line with the Ten Planks of Communism from the Communist Manifesto.

-- Political Pistachio Conservative News and Commentary

By Douglas V. Gibbs

No Recovery in Sight - The New York Times, Bob Herbert

Ten Planks of the Communist Manifesto - Uhuh

Obama Elevates Theft to a Virtue, Says Property Rights are Selfishness - Red County

Their Fair Share - Wall Street Journal

Obama seeks estate tax hike - Reuters

Bachmann: Census Could Send People to Camps - Newsmax, Rick Pedraza

The execrable DHS report on "right-wing extremism" - Hot Air, Ed Morrissey

Obama’s FCC Pick to Seek Internet Regulation - Cato At Liberty, Jim Harper

Google Filters “The Give Act” - Mandatory Volunteerism - Info Wars

The Case for Obama as a Marxist/Socialist - Conservatism Today

Obama and the Independent School District - American Thinker, Lee Cary

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