Posted tagged ‘socialism’

Obamanomics

January 19, 2009

President-elect Obama recently stated that Congress must “act boldly and act now” to fix the economic crisis. Perhaps Mr. Obama needs to be reminded about some of the disasterous legislation that has been passed by Congress acting boldly and swiftly – Patriot Act, Iraq War, Patriot Act II, Big Bailout I – are just a few examples that come to mind.

Yet Mr. Obama insists that the financial markets need “a substantial overhaul” , and naturally, his administration will know just what to do. After all, “only government” can provide the solution to our economic crisis according to Mr. Obama.

It gets even more worrisome when Vice-President-elect Biden basically calls for a “war” on the economy. This should be good. If the Obama administration’s plans work as well as the War on Drugs and the War on Terror, we may be in for even harder times than I’ve been anticipating.

But it gets worse. The latest bit of news I’ve heard concerning Obamanomics is undisguised socialism. Yesterday, Reuters reported that the Obama administration is considering creating a government-run bank.

I keep hoping I’ll hear the “Twilight Zone” theme music soon. Please.

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Let’s Just Admit It’s Socialism Once and For All

January 4, 2009

so-cial-ism [soh-shuh-liz-uhm]

–noun
1. a theory or system of social organization that advocates the vesting of the ownership and control of the means of production and distribution, of capital, land, etc., in the community as a whole.
2. procedure or practice in accordance with this theory.
3. (in Marxist theory) the stage following capitalism in the transition of a society to communism, characterized by the imperfect implementation of collectivist principles.

The federal government will get 5 million preferred shares of GMAC LLC in exchange for its $5 billion capital injection to save the lender from bankruptcy protection. Source: http://www.kcci.com/automotive/18398187/detail.html

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The steel industry, having entered the recession in the best of health, is emerging as a leading indicator of what lies ahead. As steel production goes — and it is now in collapse — so will go the national economy.

The industry itself is turning to government for orders that, until the September collapse, had come from manufacturers and builders. Its executives are waiting anxiously for details of President-elect Barack Obama’s stimulus plan, and adding their voices to pleas for a huge public investment program — up to $1 trillion over two years — intended to lift demand for steel to build highways, bridges, electric power grids, schools, hospitals, water treatment plants and rapid transit.

Source: http://www.nytimes.com/2009/01/02/bu…teel.html?_r=2

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Governors of five U.S. states urged the federal government to provide $1 trillion in aid to the country’s 50 states to help pay for education, welfare and infrastructure as states struggle with steep budget deficits amid a deepening recession. Source: http://www.reuters.com/article/newsO…5014F120090102

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Can we just stop playing word games now? The nonstop doublespeak is giving me a constant headache. The United States is, at the very least, moving full speed ahead toward a socialist government – though I believe we are already there.

I for one am ready to stop pretending anything else is true. We had a republic and we couldn’t keep it. What we have now is socialism. Period.

UPDATE: A thought on why socialism works in certain Scandanavian countries but not in the US: 

“Just the fact that they are overt socialists and not covert socialists helps to establish ground rules that the citizenry understand and adjust behavior accordingly.

In the US system of corporate socialism, the citizens are sold on the argument that “free markets” exist and attempt to behave as if we are in a free market when in fact we are as far from a free market as has ever been in modern history. This then leads to schizophrenic behavior on the part of the citizenry (ie- the usage of prescribed psychotropic drug use for most working adults).”

-quoted with permission of the author (“wd4freedom”).

Gov. Mark Sanford Opposes Bailouts

December 19, 2008

South Carolina Gov. Mark Sanford is on 13 O’Clock’s very short list of favorite politicians.  Currently, Sanford is vocally resisting the bailout frenzy taking hold in almost every corner of the nation. Sanford explains his reasons in this recent AP article:

Keep your cash: SC governor rails against bailouts

COLUMBIA, S.C. – At a time when other states are clamoring for cash, South Carolina Gov. Mark Sanford is saying no thanks.

The newly minted head of the Republican Governors Association is carving out an identity as the anti-bailout governor, speaking against calls for more money from Washington for new state public works spending, lifesaving dollars for the auto industry and even stimulus checks.

At a time when the nation sinks deeper into a recession, state budgets everywhere are growing greater holes and unemployment rates are soaring, Sanford knows he doesn’t have many people rallying around him. But he doesn’t care.

“I find myself in a lonely position,” he said in an op-ed column in The Wall Street Journal last month. “While many states and local governments are lining up for a bailout from Congress, I went to Washington recently to oppose such bailouts. I may be the only governor to do so.”

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Politico also has an article this week about Gov. Sanford’s opposition to a bailout for Ford, GM and Chrysler:

In a letter sent to the White House on Monday, the Republican governor says Bush would be committing a “very great mistake” that would “open the floodgates to federal monies for every distressed industry across this country — and there will be many in this economic slowdown.”

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Here’s hoping the governor sticks to his principles on this issue. Let at least one state refuse the ever grasping reach of the new socialist agenda in D.C.

Evil Concealed by Money

November 21, 2008

Walter Williams on the morality of using government and the “common good” to steal from our neighbors.

Evil Concealed by Money

Evil acts can be given an aura of moral legitimacy by noble-sounding socialistic expressions such as spreading the wealth, income redistribution or caring for the less fortunate. Let’s think about socialism.

Imagine there’s an elderly widow down the street from you. She has neither the strength to mow her lawn nor enough money to hire someone to do it. Here’s my question to you that I’m almost afraid for the answer: Would you support a government mandate that forces one of your neighbors to mow the lady’s lawn each week? If he failed to follow the government orders, would you approve of some kind of punishment ranging from house arrest and fines to imprisonment? I’m hoping that the average American would condemn such a government mandate because it would be a form of slavery, the forcible use of one person to serve the purposes of another.

Would there be the same condemnation if instead of the government forcing your neighbor to physically mow the widow’s lawn, the government forced him to give the lady $40 of his weekly earnings? That way the widow could hire someone to mow her lawn. I’d say that there is little difference between the mandates. While the mandate’s mechanism differs, it is nonetheless the forcible use of one person to serve the purposes of another.

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