Posted by
John Caile on Thursday, July 02, 2009 7:18:51 PM
At what point will the "average American" finally realize that today's Democratic Party is being run by adolescents who are utterly clueless about economics? Face it - just about everything wrong with America today can be attributed to liberal Democrats and their insane policies.
Democrats have destroyed the housing industry. Starting with the naive and utterly incompetent Jimmy Carter, and continuing with the rest of the ersatz Socialists like Barney Frank and Chris Dodd, the Democrats somehow concluded that every American has a "right" to own a home - even if they could not possibly pay for it. But hey, it's a great way to buy votes from the poor (who cares if they eventually lose the house).
So they instituted the "Community Reinvestment Act" and other such intrusive government meddling in the private sector, all of which measures were designed to force lenders to give loans to people with little or no credit. They then got Fannie May and Freddie Mac to back these substandard loans - the inevitable result was the housing crash, when more and more of those loans defaulted (Gee, who woulda thought?).
Now we have the sudden and massive spending by the Obama administration, who ran up a $2 TRILLION tab on the nation's credit card in less than three months - a bill that your grandchildren will be paying off into their old age. Worse, this so-called "stimulus" package is being used to fund every conceivable project EXCEPT those that are the real business of government (you know, those mundane little items like military defense, roads and bridges, police and fire protection, that sort of thing).
But today, more than TWO-THIRDS of the Federal budget (and a similar majority of most state budgets) is for social welfare and "entitlement" programs, including that gigantic financial black hole, the public "education" system. The one that in many cities can barely graduate half of it's students (and the same union-dominated education system that Democrats protect from any real competition).
Which brings us to the entire "Green Movement" - a fraud of epic proportions that so far has resulted in:
The ethanol scam that enriches Big Agribusiness (while driving up the food bills of the average American family).
The hamstringing of American oil companies that prevents domestic drilling and forces them to buy oil from the likes of Hugo Chavez.
The complex maze of fuel regulations that require gasoline producers to blend dozens of different (and expensive) "recipes" to satisfy the whims of bureaucrats in 50 different states.
The idiotic policy of NOT using our own vast storehouse of coal (America is the Saudi Arabia of coal - we have over 40% of the worlds reserves). Meanwhile, the Chinese are cranking up new coal-fired generators every WEEK.
The stubborn refusal of liberal Democrats to allow the development of nuclear power (even the French get 80% of their power from the atom, for Pete's sake - how embarrassing). Instead, they want acres of "windmills" that are grossly inefficient in generating power, but VERY efficient at generating profits for Democrat-friendly companies like General Electric, who make the wind turbines (and just coincidentally seem to show up at Obama administration energy policy forums).
The Federal government decreeing what kind of light bulbs you are "allowed" to have in your own home - making the poor even poorer, while enriching the companies who just happen to make those over-priced bulbs .
The Obama administration's quasi-socialist takeover of banks, insurance companies, and even automobile companies (got to keep those union sheep voting Democrat you know, regardless of the damage to the country), a barely disguised attack on the very capitalist system that has produced the wealth that Democrats want to redistribute to their primary constituency: those who suck at the government teat.
But the last and most potentially disastrous piece of "green" thuggery is the "Cap and Trade" bill. This monstrously dangerous piece of legislative chicanery is nothing more than a gigantic tax on every business, household, and individual in America. It will, quite literally, drive up the cost of every single product or service you buy, igniting inflation and destroying the U.S. economy. On the other hand, it will make Al Gore a billionaire - his company will act as a broker for the "carbon credits" that will be traded like stocks.
And for what (alleged) purpose will this bureaucratic nightmare be implemented?
To deal with a problem that doesn't even exist: mythical "global warming" supposedly caused by man-made "carbon emissions."
For those who get their "news" from ABC, CBS, NBC, the New York times (or worse, from John Stewart) Carbon Dioxide is not, as declared by the brainless drones at the EPA, a "pollutant" - it is vitally necessary for the survival of plants, who take in CO2 in order to convert sunlight into energy, and in the process release - Oxygen, (a substance most of us find rather convenient for...er, well...living).
Besides, scientists (REAL scientists, not the fake one's you see hawking the "green" propaganda) know that CO2 isn't even a major greenhouse gas at all (water vapor is the earth's primary greenhouse gas). More importantly, they have recently discovered that an increase in CO2 comes as much as 400 to 800 years AFTER a period of a global increase in temperature, not before. Thus CO2 cannot possibly have a causal relationship to "global warming" (which, when it does occur, is primarily the result of solar output, not SUV's).
But more to the point, the earth is not warming at all anyway - it is now clear that the earth has been COOLING for at least the last 10 years. Now, since the last decade has seen the greatest increase in industrial output in history, led by dramatic surges in energy use by China and India, if the "greenies" were indeed correct, then the increase in so-called "greenhouse" gases should by now have us all cooking in our own sweat. But, as it turns out, the entire "man-made global warming" scare has gradually been exposed as bogus. But, hey, why let genuine science get in the way of taking over every aspect of the average American's life?
Then of course, there's the mad rush by the Democrats to have the Federal government take over health care. That's right, after decades of increasing government interference in the health care market (over half of the money in health care already comes from Medicare, Medicaid, and numerous state programs) that have driven medical costs sky-high, these economically illiterate nitwits propose as the solution...MORE government!
And yes, Republicans over the last few years have been little better, often going along with many of these insane policies. But by this point, most people, including sensible Democrats, should begin to notice what these liberal lunatics are doing to the economy, not to mention to the American way of life.
Contrary to the false claims that he "inherited" a recession, the truth is that less than a year before Obama took office, the Dow was at 13,000 and unemployment was at less than 5% - the real crash came when investors (and employers) saw what Obama and the Democrat Congress (which became a majority in 2006) were actually going to do. And less than six months into his own administration, Obama's radical policies have lost over 2 Million jobs (unemployment is about to hit 10% - the worst it's been in over 25 years) and the Dow has fallen to below 8300, wiping out more than a Trillion dollars in portfolio values, forcing millions of older Americans to postpone their retirement.
It makes you wonder how high the deficit (not to mention the unemployment rate) has to get before even the most politically illiterate citizen begins to realize the obvious - that today's Democratic Party simply can't be trusted to be in the majority, let alone a veto-proof one.