Right Thinking From The Left Coast
We didn't lose the game; we just ran out of time. - Vince Lombardi

The trackback URL for this entry is:

Keeping his promise…

Well, considering how many promises he has broken so far and how many more look like they will have to be broken to keep the scam alive, I feel I should give Obama his props for keeping at least one promise.When he told Joe the Plumber that he believed that the wealth should be spread around, he seems to have meant it. And the latest statistics seem to back his promise to do so up. Of course there is always a little twist, and when he spoke about spreading the wealth… Well don’t take it from me, here is the article’s take on it:

Paychecks from private business shrank to their smallest share of personal income in U.S. history during the first quarter of this year, a USA TODAY analysis of government data finds. At the same time, government-provided benefits — from Social Security, unemployment insurance, food stamps and other programs — rose to a record high during the first three months of 2010. Those records reflect a long-term trend accelerated by the recession and the federal stimulus program to counteract the downturn. The result is a major shift in the source of personal income from private wages to government programs.

Other than the fact I get irked whenever the MSM refers to that government scam that funneled close to a trillion of our tax payer dollars to demcorat operatives & agents, past and future donors, friends and entities, and finally to the demcorat politician’s campaign chests, to “stimulate” their chances come the 2010 elections, as a “federal stimulus program”, I would say that they got the gist of what this new breed of statist collectivists are all about down pat.

We are being led by the same kind of “intelligencia” groups that make up your usual liberal arts college academia, and it is not a coincidence that they feel the solution to all problems is a government led by them, that micromanages and relies on central planning and direct or indirect ownership & control of all aspects of the economy, to achieve their socialist Utopia. It’s no wonder then that the loathed private industry is being sucked dry while government spending grows drastically. It’s also no surprise to those of us that understand how economics work in the real world, that this practice is causing exactly the opposite effect these know-nothing nincompoops with overinflated egos and delusions of their own importance and wisdom thought it would, and wrecking our economy. Literally government is now in the business of picking winners & losers, not just as far as individuals go, but which businesses make it, what technologies or practices are adopted or avoided, and doing so not with any kind of scientific rigor or logic – they might claim otherwise but that’s just bull, and the demcorats are the ones that get to choose them. For a small fee, of course.

The irony is that at a time when the socialist nanny state is clearly failing in Europe, our politicians are breaking all records recreating the same failed economic model in our country. And while the collectivists now running the US are downplaying the whole European crisis and unavoidable collapse of the whole socialist nanny state – wealth redistribution without the creation of new wealth, something the socialist state excels at, only works for so long, after all -the Chinese are worrying. The statists are taking us in the wrong direction. In their ever expanding need for cash, these demcorats are already looking at such “solutions” as taking over everyone that isn’t working for government’s retirement funds. Props to Obama, however, for keeping a promise....


<< Back to main