Back on the campaign trail, gaff-a-day Biden talked about an “international crisis” that would test Mr. Obama within the first six months. He claimed that we would think them wrong but to stick with them because they will be right. Quite a few people have speculated as to what that “international crisis” might be. I’m no different. There are so many options to choose from:
- Iran’s nuclear capability
- Iraq pull-out
- Pakistan and the anticipated moves of Obama regarding crossing over into Pakistan from Afghanistan to hunt down Obama with or without Pakistan’s permission
- North Korea’s nuclear capability and the ability now for them to launch medium and long-range missiles
- Al Qaeda’s missions around the world to strike at us through the innocent
The list could just go on since every day there is another item to add to the list. But what’s not been discussed is our current economic crisis which is, in fact, international in nature. And, what’s more important in this international crisis is that every country (with exception of the US until now) has had a nationalized banking system. Now we, America, have a nationalized banking system that makes us much like the rest of the world. Our government has invested heavily and without many strings, in our country’s largest banks.
Now, I’m not the sharpest tack in the box when it comes to economics, but it seems to me that the reason this whole thing is so global is because every country’s economy was nationalized and globalized. Had countries not nationalized their banking systems, whole governments would not be having to sink funds into the private sector banks and businesses. Had governments not linked their economies together as Europe has done with the EU, they would not be suffering nearly as bad as they are. Our country is suffering because we’re forced to back every country’s ventures in some way or another, either militarily or economically, or socially.
I’m not espousing xenophobia But what I am espousing is the old phrase, “charity begins at home”.
We have to take care of our own houses – our economic house and our governmental house. Before we go spending hundreds of billions of dollars on other countries, some of which is in this spendulous bill, we need to concentrate on the needs here in our own country. This spendulous bill of $787 billion dollars (more than $1.3 trillion before it is even half paid off) does nothing serious about “stimulating” the US economy. And, to add to this, Mr. Obama (and to be fair, Mr. Bush) both began the process of nationalizing our economy. I believe Mr. Bush simply played into the hands of a stupid treasury secretary who had skunked him about the true nature of the problem and helped to manufacture the extreme situation. Nevertheless, TARP I ends at Mr. Bush’s doorstep and no other. But Mr. Obama has compounded, with the aid of a Socialist liberal agenda of the Democrat-controlled Congress and Senate, the already troubling situation that Mr. Bush’s administration began. Mr. Geithner, the new Administration’s treasury secretary, spouted a significant amount of non-speak last Tuesday and has absolutely no idea which direction to turn in order to undo the damage already done. This speaks quite clearly to his ineptitude and his lack of qualifications to handle the position he has been placed in.
Mr. Obama and Mr. Geithner will continue to nationalize our country’s banking system and, as can be readily believed, Democrat senators and representatives seem to have absolutely no problem with this occurring (as evidenced today on ABC’s This Week With George Stephanopolous) where the woman representative being interviewed (sorry I didn’t catch her name) specifically said she had no problem with nationalization. This is a purely Socialist/Marxist philosphy. In addition, they will begin the process of nationalizing otherwise private businesses such as these private banking institutions that remain private in order to mandate how much money one can make. This, again, is a Socialist/Marxist philosophy. He might as well invite Hugo Chavez to be on his cabinet.
Before the November election, true conservatives saw easily through Mr. Obama’s words to the Socialist/Marxist agenda he really seeks to institute in this country. Newsweek echoed that sentiment when it placed on its cover two hands shaking saying something like, “welcome to Socialism”. What’s really actually surprising is that Newsweek would even comment on the matter since they are an extremely liberal news magazine. However, don’t think that Newsweek has suddenly changed fence sides. They commented that this was a good thing. But then again, what liberal magazine wouldn’t espouse Socialism as a good thing?
Had Mr. Obama and the Democrats voted to give a tax refund purposed to assist with the mortgage/lending crisis, most Americans would have applauded and cheered him as having made the correct decision. Facts are that most Americans can’t get any form of lending because the vast majority of us don’t have credit scores exceeding 720 which is the bottom line of who gets loans right now. (Basically, you can’t get a loan unless you don’t really need it. I certainly can’t get one right now. I’m in the same boat as most every other American when it comes to personal debt.) Instead, the Democrats voted to spend money on projects, most of which will do nothing to stimulate our economy in the near term, nor even in the long term. They’re spending money on projects that will only increase our national debt; institute government social projects, give money to groups like ACORN (over $4 billion available to them and we all know how they “help” with elections now, don’t we?); medical records mandates which will take away you and your physician’s decision-making by mandating who gets what medical care based on cost and age; mandating you turn over your medical records to build this massive database without giving you the opportunity to “opt out” so that you can maintain your right to privacy (and where will that end?); and many other so-called projects that have nothing to do with infrastructure re-building, stimulating the economy, or helping Americans who did the right thing and only bought what they could afford, to stay in their homes.
Personally, I think this international crisis that Biden was talking about is this economic “stimulus” package that will do absolutely nothing to stimulate the economy. Even the OMB says it won’t do what’s needed. And, what’s needed is for everyone to get their own economies in order and for our government to stop spending money it doesn’t have. We all just have to live within our personal means and stop asking for handouts from Uncle Sam. Uncle Sam has to stop asking for handouts and loans from other countries and has to stop giving money to other countries with their own hands out. The vicious cycle just has to end and we have to be big enough to say, “it’s going to hurt badly, but it will be the best for us to stop all this madness”.


