The Obama Presidency: Here Comes Socialism

Well, we voted for change. The question is, will the change be good or bad?

I’m betting bad. Just as Jimmy Carter had a liberal Democrat Congress to tinker with the economy, so does Barack Obama, only moreso. But, the Dems today are much further to the left than the Dems of the 70’s. Back in the 70’s, the Dems actually cared about the well-being of America while today’s Dems care more for forcing their socialist agenda on a population that will regret it.

Just look at Europe. Depsite their touting themselves as being “enlightened” and better than the rest of the world (i.e. the United States) their collective economy is in a permanent state of shambles and their societies are deteriorating at the hands of leftists in conjunction with immigrants who refuse to assimilate. High unemployement, high taxes and low quality services. That is what they offer.

Socialism is and always will be a disaster.

And now, we have voted for just that type of disaster to happen here.

Writing for Town Hall, Dick Morris and Eileen McGann have this to say about Barack Obama’s policies:

[W]e enter his administration as free enterprise, market-dominated, laissez-faire America. We will shortly become like Germany, France, the United Kingdom or Sweden — a socialist democracy in which the government dominates the economy, determines private sector priorities and offers a vastly expanded range of services to many more people at much higher taxes.

This will all be part and parcel to Obama’s New Deal which will be every bit as disastrous as FDR’s, whose policies made the Great Depression last at least ten years longer than it should have. Here is a recap of how well it went:

[H]is New Deal measures only succeeded in lowering the unemployment rate from 23 percent in 1933 when he took office to 13 percent in the summer of 1937. It never went lower. And his policies of over-regulation generated such business uncertainty that they triggered a second-term recession. Unemployment rose to 17 percent in 1938 and, in 1940, on the verge of the war-driven recovery, stood at 15 percent.

First, Obama will ensure that he can buy votes for the next election as follows:

In the name of short-term stimulus, he will give every American family (who makes less than $200,000) a welfare check of $1,000 euphemistically called a refundable tax credit. And he will so sharply cut taxes on the middle class and the poor that the number of Americans who pay no federal income tax will rise from the current one-third of all households to more than half. In the process, he will create a permanent electoral majority that does not pay taxes, but counts on ever expanding welfare checks from the government.

That wonderful Florida voter named Peggy the Moocher must certainly be licking her chops right now at the premise that she can be as lazy as she wants to be while other hard-working Americans support her.

Here are some other aspects of Obama’s New Deal:

With a congressional mandate to run the deficit up as high as need be, there is no reason to raise taxes now and risk aggravating the depression. Instead, Obama will follow the opposite of the Reagan strategy. … Obama will raise spending and increase the deficit so that conservatives cannot cut taxes. And when the economy is restored, he will raise taxes with impunity since the only people who would have to pay them would be rich Republicans.

In the name of stabilizing the banking system, Obama will nationalize it. Using TARP funds to write generous checks to needy financial institutions, his administration will demand preferred stock in exchange. Preferred stock gets dividends before common stockholders do. With the massive debt these companies will owe to the government, they will only be able to afford dividends for preferred stockholders — the government, not private investors.

And what about Health Care? Obama and the socialist Dems will seek to force a Nationalized rationed health care system like the disasters that cover Canada and the United Kingdom.

Without a lot more doctors, nurses, clinics, equipment and hospital beds, health resources will be strained to the breaking point. The people and equipment that currently serve 250 million Americans and largely neglect all but the emergency needs of the other 50 million will now have to serve everyone. And as government imposes ever more draconian price controls and income limits on doctors, the supply of practitioners and equipment will decline as the demand escalates. Price increases will be out of the question so the government will impose health care rationing, denying the older and sicker among us the care they need and even barring them from paying for it themselves. (Rationing based on income and price will be seen as immoral).

Even more scary is how Obama plans to get an even larger share of the vote by buying off illegal immigrants with amnesty:

He will move quickly to legalize all those who have been in America for five years, albeit illegally, and to smooth their paths to citizenship and voting. He will weaken border controls in an attempt to hike the Latino vote as high as he can in order to make red states like Texas into blue states like California. By the time he is finished, Latinos and African-Americans will cast a combined 30 percent of the vote.

Is this the “change” you voted for? Have more of your money confiscated and then have it redistributed among illegals and other moochers? Have your quality health care replaced by sub-standard nationalized health care?

If so, you will reap what you sow. If not, you’ll have a good, long, hard four years during which you may consider the results of the previous four years.

You can access the complete article on-line here:

The Obama Presidency: Here Comes Socialism
Dick Morris and Eileen McGann
TownHall.com
January 21, 2009

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One Response

  1. A change that you’ll never fully understand …

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