< SIGH >
I hate socialism...
Given the direction that our incoming President wishes to take us, I thought it only fair to contrast it with quotes from two people from an earlier time in American history. The quotes are below the narrative.
President-anointed Obama intends to spend upwards of $1,000,000,000,000 ($ONE TRILLION) in make-work jobs programs and "stimulus" next year alone. This amounts to more than $3,000 for every man, woman, and child alive in the US today. He intends to do this wile ALSO giving 95% of the US a "tax-cut" amounting to an average of $1,000 each.
Assuming that 300 million people pay taxes (which they don't), this means that in addition to this proposed stimulus package of $750,000,000,000 in make-work and PORK projects, Obama plans to give away another (follow the math here, 305,000,000*95%=289,750,000 people * $1,000 each) $289,750,000,000 (that's 289 billion 750 million dollars). Soo...that's over a Trillion in giveaways, funded by the 5% of Americans who already pay more than 20% of the Federal Budget right now.
God help you if you ever aspire to be more than a welfare recipient.
God help me, Please! This man and the Democrats in Congress are about to enslave America. They are going to do this by appropriating 1/14th of the entire US Gross Domestic Product for the year. They are going to take 1/14th of the USGDP, IN ADDITION TO the amount that they are ALREADY taking from you to support the current Ponzi Schemes known as Medicare and Social Security, and the Waste, Fraud, and Abuse of the Taxpayer dollars more commonly known as the Federal Bureaucracy.
Every US Citizen and illegal Alien paying taxes is now a slave of the State, admitted or not.
Let's hope that the damage can be reversed in two years.
Now for the quotes:
Freedom is never more than one generation away from extinction. We didn't pass it to our children in our bloodstream. It must be fought for, protected, and handed on for them to do the same, or one day we will spend our sunset years telling our children and our children's children what it was once like in the United States where men were free.
-Ronald Wilson Reagan (1911-2004), 40th President of the United States
I do not choose to be a common man, it is my right to be uncommon if I can. I seek opportunity, not security. I do not wish to be a kept citizen, humbled and dulled by having the State look after me. I want to take the calculated risk, to dream and to build, to fail and succeed. I refuse to barter incentive for a dole. I prefer the challenges of life to a guaranteed existence, the thrill of fulfillment to the stale calm of Utopia. I will not trade freedom for beneficence, nor dignity for a handout. It is my heritage to think and to act for myself, to enjoy the benefits of my own creations, and to face the world boldly and say: With God's help, this I have done.
-Ezra Taft Benson
The above quotes represent to me a stark contrast to the proposals of Obama and his Socialist friends in Congress. It is not the duty of the Government to decide winners and losers, to take from some in order to give to others. It is not right, fair, or just for the Government to so baldly and brazenly exceed its authority, just because they have successfully labeled the results of their failed policies a "crisis".
Logic and common sense (two things in critically-short supply in Washington) should dictate that we analyze the consequences of our actions and CHANGE OUR ACTIONS. If mandating that people be allowed to buy a house that they cannot afford, then those people should pay the penalty for their own error in judgement. And, the bank should be held to account for being stupid. Only when Government interfered into this process (by mandating low-income loans to people who didn't qualify, under threat of revocation to the Bank charter if they failed to comply) did we get into this mess.
It is time to stop. Get GOV out of the mortgage mess. Get Barney Frank and Chris Dodd a reservation at a Federal Penitentiary for malfeasance and misappropriation of taxpayer dollars (and a little criminal activity relating to FNMA and FHLMC and Countrywide Mortgage to boot). Let's stop underwriting stupidity and requiring the taxpayer to pay for it. As a taxpayer, I am getting damned tired of footing the bill.
Pax,
Newbius
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