A 100 Days In And There’s Nothing New Under The Sun

Once again, the Ludwig von Mises Institute website has a great article on our current financial woes. The ‘solutions’ that our Dear Leader proposes are the same that not only were employed to the detriment of the American economy by the likes of FDR and Wilson, they were also employed in 1715 France by John Law, under Louis XIV. He did the exact same thing that is being done now (in fact, he pretty much invented it) almost 300 years ago and the results were disastrous.
More than anything, it’s the smug arrogance of Obeyme that I find most troubling. He thinks he knows everything – you can just tell. There’s nothing for him to learn from history because he knows all. He’s destined to repeat the worst mistakes of history and be one of the worst, if not one of the last, Presidents of all time. But I believe that what Obeyme is doing now, with respect to economics, is not a mistake, it’s by design.
I don’t think Obama is stupid, although he’s clearly ignorant on numerous subjects- especially those having to do with science. I’d include the category finance, but I think he’s getting exactly the results he wants- continued economic panic resulting in more and more government intrusion into the private sector. He has to know that what he’s done won’t work and when it doesn’t, he can just blame Bush and the media will carry his water. As the economy collapses, the door will be pushed wide open for government intervention.

Bush was a far better extemporaneous speaker than Obama. Bush knew his material, Obama continuously proves that he doesn’t. This could be because Obeyme has spent the better part of his first 100 days, when not abusing his Air Force One priveleges, with his mug in front of a camera. He’s probably given 10 times the speeches that either Bush or Clinton gave in the same period of their respective administrations. It used to be that when the President said something publicly it meant something and one would listen. Anymore, everyday is just another Obama speech echoing that which the tele-prompter tells him to say.
I remember having a discussion via e-mail with some colleagues whom, after the election, were adamant that I was being over the top on the fact that Obama was a communist and that pushing the country in that direction was his ultimate goal. Look at what has happened in just 100 days! We are well on the way to having nationalized banks, auto companies, forced youth volunteerism (indoctrination), and a debt burden that will bankrupt this nation within the next 10 years. I’m fully vindicated on my beliefs and to them I ask what have you done to your country?
Know this, your money is about to become worthless – I’m guessing the inflation hits us HARD after the 2010 elections. That’s the end game. That’s how they intend to break our national sovereignty and take our liberty. They’re doing it right now. Watch!!!
-OMB