Obama spending our grandkids’ money
America is going through its change as candidate Obama promised. In less than 200 days our free market, laissez faire economy has metastasized into a planned, centrally controlled socialistic economy. For example, we have bizarre - actually, bezar government with 36-plus czars (Russian tsar - a ruler having great power and authority). These rulers were appointed by the president, were not vetted, not approved by Congress and are responsible only to the president. It appears to me that these individuals, along with the rest of the President’s staff and cabinet, are merely rubber stamps for the Obama hierarchy. They all remind me of Ayn Rand’s “Council of Scholars.” Recall “... the Council of Scholars knows all things.”
Our idealistic, visionary president clearly stated his economic theory to Joe the Plumber when he said, “We want to spread the wealth. It will be good for everybody.” This sounds much like the communistic creed: “ From each according to his ability, to each according to his need.” This redistribution never worked because the leaders - the elite bourgeois - had their estates or ranches while the laborers - the proletariats, got the dirty end of the stick.
Our present administration’s makeup is what I’d call the financial and educational elite. While the average annual income of Americans is $45,000-$50,000, this group, along with Congress, makes well over $100,000. No wonder they pass automotive changes that add $1,300 to the cost of a car which the average American can’t afford anyway, pass a Cap and Trade bill that will probably double our electric bills and put thousands of small, job-producing businesses out of operation.
But never forget this, as America goes broke, we have led the world financially in defeating the misguided spectre of global warming.
The elite may well survive the “redistribution of wealth,” but what about the common laborer who works for minimum wage, the millions of unemployed, and the thousands who have already lost their homes due to the millionaire crooks at Fannie and Freddie, the parachutists, and the lawmakers who got nice loans before the F and F Titanic sank.
This arrogant Region of Error apparently doesn’t know what it’s doing. It has seen multiple flipflops: military tribunals?, no pork barrels? line by line vetoes? We hear, “We have no money,” but we’ll spend trillions for medical care for everyone. Now that we owe China more than $1 trillion and are broke, we are living and spending borrowed money. I recall an old proverb that says, “The borrower is servant to the lender.” Being servant to the largest communist, totalitarian nation is not a rosy prospect. It reminds me of newly married couples who spend, spend, spend to have everything right now. In a few years they’ll be heading for bankruptcy court. And so might our grandchildren. Perhaps our leaders are immune to the truth that you can’t borrow your way out of debt or print money without inflating your currency.
The proverb that says “Meddle not with them that are given to change...” was written by a king to avoid a revolution. Our selfconfessed change-agent is a quiet revolutionary orator. He seems to spend more time lecturing and traveling than acting decisively. Change is about all Americans will have left after paying for Obama’s spending spree. Our commander-in-chief is spending OPM, our grandkids money, with the approval of our mostly democratic Congress. I think Margaret Thatcher had it right when she said, “The trouble with socialism is that eventually you run out of other people’s money.”
Don Mainprize Houghton Lake