Failurenomics

If you've been reading my blog, you've already read a good bit about the legislation and the policies that have led us to the financial situation in which we currently find ourselves.

If not, well... 

...A word of advice, or three. Don't bother to comment here trying to argue that "it was Bush!" because those policies and laws go back as far as the 1930's, and President Bush wasn't even born yet when the first of them were passed or put into effect. Try reading history, or if you can't be bothered, scroll through my blog archives.

Right.

So, let's begin.

The current "stimulus" bill passed the House of Representatives, despite UNANIMOUS Republican opposition.

Why? "I won."

Sorry, chief, "I won" won't cover it.

It then went to the Senate, where it was amended from 248 pages - the House final form - to OVER A THOUSAND PAGES (1071,) a form then passed by the Senate Democrats (without even reading it) with the help of three Republican Senators: Arlen Specter, who is SO lucky I don't live in his voting district, and both Senators from Maine, Olympia Snow and Susan Collins.

That version went to the House, which received it at 11 PM Thursday and - again without even reading it - the House Democrats passed, again with unanimous Republican opposition.

Now it sits on President Obama's desk, awaiting his signature, despite the objections of the American people.

It is loaded with "tax cuts," aimed directly at people who already pay no taxes, thus affecting the economy in no way at all. 

It contains a thousand pages of pork; $787 billion in spending on a laundry list of liberal dream projects, virtually none of which, despite all the "shovel-ready" rhetoric, will even see a dime this year. Welfare reform is out the window, though; bring on the dole.

That's right, the huge majority of the money won't get spent until 2010. That's unquestionably the way to stimulate the economy, alright; wait until next year, then give millions to the NEA to support sidewalk performance art.

After all, if we were allowed to keep our own money, why, horror of horrors! We might spend it on whatever WE want!

The agenda being more important by far than doing the right thing, what has happened here is that liberal policies - for once totally without the cover of "bipartisanship" - have created for us a situation in which the federal government's total financial obligations are greater than the Gross Domestic Product of Planet Earth.

Read that last bit again, more carefully this time.

As of the day President Obama signs this stimulus bill, the total debt obligations of the United States Federal Government are greater than the total economic output of the entire planet combined.

Never mind the gradually accumulating evidence that the current recession was triggered by intentional economic sabotage by persons as yet unknown.

Never mind the fact that the policy seeds of this situation have been sown - by both parties - through 75 years of unConstitutional government legislation.

What's really happened here is that President Obama, Nancy Pelosi, Vice President Biden, and the Democrats of the House and Senate have shown the world, openly and once and for all, that their leadership is a lie; their claims of "change" are "meet new boss, same as old boss;" their policies are failures; their ideas are corrupt; and anyone looking to them for "hope" has been openly, horribly betrayed.

The Treasury Secretary SO IMPORTANT we had to overlook his casual dismissal of years of lawbreaking as "a mistake," overlook his tax fraud, and confirm him for the post because he was the only person smart enough to save us, presented a "plan" so devoid of good ideas that he was laughed at openly by lawmakers and journalists alike, a "plan" so good the Dow Jones Industrial Average dropped 400 points on hearing it.

The President asked for - and thanks to Congress, got - unprecedented power, with practically no oversight; a stimulus bill whose cost remains to be determined, that Congress didn't even read; and has thus far failed to positively affect, well, anything, really. 

In order to pay for the stimulus bill, as well as the rest of our incredibly mounting debt, the plan at this point is to simply print more money, thus debasing the currency - just as with Carter in the 1970s, the last time a Democrat President had a largely Democrat Congress to work with. This is not an accident.

This is failurenomics.

IF this country survives to the next election, we cannot afford, ever again, to allow these individuals - President Barack Obama, Vice President Joseph Biden,  Senator Tom Daschle, Representative Nancy Pelosi, Representative Maxine Waters, Representative Barney Franks, Representative Charles Rangel, Senator Dianne Feinstein, Senator Chris Dodd, Senator Edward Kennedy - if not all their entire party, at LEAST these individuals, a place in our government, ever again.

These people are NOT trying to save you. They are trying to destroy our country. 

And because of their adherence to failurenomics, they are succeeding.