Many things have occurred in my private life since the last time I posted... As such, I have only recently been able to make my return to blogging.
Since I last posted, some 60 million American voters were duped by a smooth-talker into electing him as President. It seems as though many Americans just could not remember the lessons learned when we previously elected a smooth-talking socialist with a thin resume (Jimmy Carter). Obviously, I am not happy with the current state of our nation from a political leadership standpoint. That being said, I will not act like those who cried foul in 2000 (and who showed their obvious lack of Constitutional knowledge, and this would include democrats in CONGRESS) and even had the gall to wear shirts which read "Not MY President". Barack Obama, despite my reservations with the man (Marxist tendencies, etc...), is my president for better or worse. HOWEVER...
When will this man and his complacent Congress led by Pelosi and Reid realize that they are SOLELY RESPONSIBLE for the CURRENT crash of the stock market? I know, I know... Some people will argue that it is a continuance of what Bush left behind (The fact that BDR, Bush Derangement Syndrome, continues just boggles my mind... Trust me, someone will blame events which occur YEARS from now on Bush. It'll probably be Keith Olbermann, and how he and Rachel Maddow call themselves "non-partisan" is BEYOND me...), but the facts simply don't support this. The stock market had relatively settled down by Inauguration Day, but has since been slipping further and further into an abyss. This has been a result of Democratic Party policies being announced and implemented. Trust me on the following folks; YOU CAN WATCH OBAMA SPEAK ABOUT NEW ECONOMIC PLANS, AND HAVE A STOCK TICKER NEXT TO THAT PICTURE AND WATCH THE MARKET FALL!!! Some major news channels have already picked up on this. THE MARKETS KNOW what is coming; more regulation, and less PROFITABILITY. Thus, why would ANYONE be active in BUYING?!?
But alas, democrats and their constituents seem to believe that this is all necessary and what we really need now is a NEW New Deal, or according to British P.M. Gordon Brown a GLOBAL New Deal. All of this of course ignores the fact that while FDR's New Deal APPEARED to help to begin reversing The Great Depression in the beginning, the reality is that unemployment still hovered around 20 percent, and after more than 8 years in office only World War II saved his legacy. One other tidbit of information that gets lost in this is a little known Executive Order in which FDR deemed any income over $25,000 to be EXCESSIVE, and would be taxed at 100%. WOW...
But the biggest lessons that Obama and his cronies need to remember are the lessons which got us INTO The Great Depression. President Herbert Hoover was the president under whom The Great Depression occurred. The Great Depression was the result of Hoover Administration policies which allowed a deep recession (which we were coming out of) to turn into a MASSIVE depression. What were those policies? Higher taxes, bigger economic regulations, and protectionist policies (such as Obama and the democrats' "Buy American" provision in the latest stimulus bill).
So, what should this administration do? In a word; NOTHING!!! Let the system work, and let insolvent companies fail and go away. Stop continually bailing out companies over and over again (if AIG or GM get another bailout, I may actually lose my friggin' mind), and tell them to do what countless of other people and businesses have had to do throughout history; GO BANKRUPT. The more we keep these companies (and bad mortgages too) propped up, the longer this is going to last.
But, to be honest, I hope they keep making these obviously foolish decisions. It only makes the return of Conservatism that much easier.
Not, "We The Elites"...
About Me
- PubliusX
- While I am a conservative evangelical Christian, my belief system has not always this clear. As a newly registered voter in 1996, I identified myself as a Democrat. While one could have classified me as a moderate-liberal and a semi-socialist, a Marxist I was not. My own faith in Jesus Christ would never have permitted this as Communism has at its core a requirement of FORCED SCIENTIFIC ATHEISM. I would not say that my views changed as I got older insomuch as a more adequate statement would be that "I grew up". I stopped seeing government as a great equalizer. I saw through the veil that is "the culture of victim management" that both major parties perpetuate and of government control and behavior modification by elitists who believe they know better than anyone else. I have seen the potential danger of "mob rule" in democracy, much the same as our founding fathers saw in their immense wisdom. I have come to realize that government can do ALMOST NOTHING for me which I cannot do better MYSELF. My only prayer, is that I do my forebearers proud.
