OBAMA DELIBERATELY DESTROYING AMERICA
By Alan Caruba
His latest lie is that “the private sector is doing just fine,” but the numbers tell the whole story and one can find them on an excellent blog, Economic Collapse, that offers seventy examples:
In 2007, about ten percent (10%) of all unemployed Americans had been out of work for 52 weeks or longer. Today that number is above thirty percent (30%).
An astounding forty-nine percent (49%) of all Americans live in a home where at least one member is receiving government benefits.
The middle class is shrinking. Ninety-five percent (95%) of the jobs lost during the current recession were middle class jobs.
Instead of cutting spending to reduce debt, the Federal Reserve System is “monetizing” much of the U.S. debt. It purchased “approximately sixty-one percent (61%) of all government debt issued by the U.S. Treasury in 2011.
Perhaps the most frightening statistic cited was a survey that found that sixty-three percent (63%) of Americans “believe that the U.S. economic model is broken.”
It is not broken. The economic model that propelled America into a superpower would continue to provide prosperity, if the nation’s “entitlement” programs were reformed, if the obscene government spending and production of regulations were reduced, if government housing finance entities such as Fannie Mae and Freddie Mac were eliminated, if the U.S. national government’s purchase of the nation’s land mass was ended, if environmental laws without any basis in science were struck from the books, and if U.S. government control over the exploration and extracting of the nation's vast energy reserves was greatly reduced.
It’s a tall order and it would require cleaning out a Congress that has imposed unsustainable burdens, including the highest corporate income tax in the world, and a level of taxation that requires those still holding jobs to annually work 107 days to earn enough money to pay local, state, and federal taxes.
If you check out the Progressive Caucus website, you will find nearly seventy members of the U.S. House of Representatives are members of the Progressive Caucus and there is one Caucus member from the U.S. Senate, the Socialist Bernie Sanders. In the 1950s, they would have correctly been identified as Communists.
When Liberals and Liberalism became unpopular, they began using the terms "Progressive" and "Progressivism" to identify themselves. They are the descendents of every Democrat that voted for the New Deal, the War on Poverty, the creation of Fannie Mae and Freddie Mac, and the creation of the Department of Energy, the Department of Education, and the Environmental Protection Agency. These are the people who in the early years of the last century imposed the income tax and engineered the creation of the Federal Reserve System, a banking cartel that controls the economy.
At this point, most Conservatives have heard of Saul Alinsky’s 1972 book, Rules for Radicals, a guide to bringing about the destruction of the nation’s capitalist economic system and replace it with the kind of economic and political order that Barack Obama has tried to impose on the U.S.A., with the help of the many Communists, Socialists, and Liberals in Congress.
Lesser known is the roadmap spelled out in 1988 by Columbia University sociologists, Richard Andrew Cloward and his wife Frances Fox Piven, both members of the Democratic Socialists of America.
The “Cloward-Piven Strategy” advocated a “massive drive to recruit the poor onto the welfare rolls” in order to sabotage it and bring about "a political and financial crisis." As it turned out, it was the collapse of the housing market that brought about the financial crisis they wanted, but, following the Bush administration emergency bail-out of the banking system, the Obama administration with its Democrat-controlled Congress set about imposing historic debt through its $821 billion “stimulus.” Present debt exceeds the entire annual Gross Domestic Product.
It followed that with an unnecessary and wasteful bail-out of General Motors and Chrysler (instead of permitting a normal bankruptcy that would diminish the power of the unions that brought it about), and massive “investments” in failed solar and other alternative energy companies. The EPA was set free to try to impose regulations that would shut down a major portion of the nation’s producers of electricity.
Even though voters returned majority power to Republicans in the House of Representatives in 2010, the trail of destruction has continued and the bills they have passed to end our present financial troubles have been locked up in a Democrat-controlled Senate that has not passed a budget in the last three years.
We are now five months from an election to remove Obama from power and elect Conservative lawmakers to office. It’s a start in restoring America to its former prosperity.
Fiscal Policy: Taxation, Government Spending, & the Public Debt
Alan Caruba's commentaries are posted daily at Warning Signs, his popular blog -- and thereafter on dozens of other websites and blogs. His monthly report on new books is posted at Bookviews.
A business and science writer, Caruba is the Founder of The National Anxiety Center, a clearinghouse for information
about "scare campaigns" designed to influence public opinion and public policy.
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