Thursday, January 28, 2010

The State of the United States

No, not the speech, although I will get to it later, perhaps.

The state of our country is not good. We are mired in a deep recession with high and growing unemployent, and only the huge institutions that were bailed out by the government are showing profits. Main Street still suffers.

We are in a situation caused by a huge expansion of credit wherein large financial institutions, both private and semi-public engaged in wild speculation, creating a bubble in real estate, and then the bubble popped.

This had the effect of destroying much of the capital of the financial institutions, but also the capital of the general public.

With the bubble gone, the US Government under George W. Bush stepped in to socialize the huge losses of the financial institutions, but not, of course, the huge losses that had been imposed upon the general public. (I call this the Golden Rule) In fact, the general public will end up paying for the financial institutions' losses as well as their own.

Hope and Change gets elected and promptly nationalizes General Motors and to some extent, Chrysler.

Relief for the general public? Hardly.

Next is a huge "stimulous" bill that goes primarily to large Democratic political constituencies, adds nearly a trillion to the deficit, and accomplishes nothing but add further burdens on the general public.

We then get a Cap and Trade Bill that is rushed through the House without being read. This bill would add hundreds of billions to the costs of energy....to be ultimately paid by whom? You got it. The general public.

With the first of these matters a movement began to form: The Tea Parties. The public was awakening. But the politicians ignored them or put them down as extremists. Who were the partiers? The general public.

After Cap and Trade passed the House, the Pelosi crowd began to attempt to socialize our country's medical care. Behind closed doors.

It was if the Iron Curtain was rebuilt right there in Washington, D.C. Everything was done behind closed doors. In secrecy. Few know what kind of deals were made to buy "support" for the bill, but what is known is that it was terribly unfair to.........the general public.

A similar bill is now pending in the Senate, where the majority party is still trying to push it through, in spite of the opposition of....the general public.

So here we are after one year of Hope and Change. We have no hope, and only a change for the worse.

Elections in Virginia and Massachusetts have given the general public a chance to be heard, but from the State of the Union speech last night, it is clear that the lessons have been lost by the politicians in our government.

Maybe they should all watch and listen to the ad that newly elected Senator Scott Brown ran during the campaign in Massachusetts. It is one of the very best I have heard in my over fifty years in politics.

You can find it here. If you do nothing else, go to this ad.

The public will get little, if any, relief from the policies spoken of by the President last night.

But we can get relief in November when we have the opportunity to throw all the rascals out. There is Hope, after all.

Who will lead the revolution?

1 comment:

jevans said...

I can only hope that those who elected "hope and change" with their heads in a cloud of optimistic dreams have awakened from this nightmare and are ready to rectify their errors. The rest of us are ready!