California’s Nightmare Will Kill Obamanomics

United States

Kevin Hassett’s article is funny and sad. Sad becuse it’s true; funny because of his observations. Sample of funny:

The federal picture is so bleak because the Obama administration is the most fiscally irresponsible in the history of the U.S. I would imagine that he would be the intergalactic champion as well, if we could gather the data on deficits on other worlds. Obama has taken George W. Bush’s inattention to deficits and elevated it to an art form.

Sample of sad:

It takes years and years to make a mess as terrible as the California debacle, but the recipe is simple. All that you need is two political parties that are always willing to offer easy government solutions for every need of the voters, but never willing to make the tough decisions necessary to finance the government largess that results. Voters will occasionally change their allegiance from one party to the other, but the bacchanal will continue regardless of the names on the office doors.

To get into our current financial mess, we started with the idea that banks should loan money to people who couldn’t afford to pay them back. When banks balked, the US government bought the worthless loans. Now banks are happy, they can loan money to everybody.

This system flourished under George Bush, and collectively we happily spent our children’s future. When the system started to collapse in 2008, we spent more money to try and make it through the election cycle. It didn’t work.

Now our children are broke. Obama’s solution, then, is to also spend our grandchildren’s future. This is also unsustainable. We are spending money we have not earned, and selling IOU’s to China to pay for it. Eventually, China will not want to buy our IOU’s, and the value of the dollar will collapse. The Fed will be forced to raise interest rates to try to entice people to buy our IOUs.

Do we want the US to become a third world country? Is that our goal? At this point, I don’t care what the government wants to spend money on, I’m against it. I don’t want to pay for abortions in Africa or studying the drinking behavior of Chinese prostitutes. And I don’t want to spend so-called “Stimulus Package” money or pay for universal healthcare or credits to by housing or cars or energy efficient appliances. I don’t want the US government to suck money from our wallets via cap-and-trade or “taxing the wealthy.” I would be happy if Washington would just put the pens down and sat on their thumbs for a few years and did absolutely nothing.

Remember this: government does not grant freedom. Liberty is given to us by our Creator. Government can only pass laws which limit freedom.

I want to be free.

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What Did We Learn?

Obama beat McCain handily, 349 to 163 electoral votes.

What we should have learned, I don’t know that we did. What we should have learned is that we have principles and ideals and we should stick to them.

Ronald Reagan knew it, and we gave him victories. The 1994 Republican House knew that, and we gave them victories.

Ever since then, our leaders have been trying to reach across the isles. And we get trounced, every time.

George Bush Sr, “No New Taxes.” Until he reached across the isle, and we voted him out of office.

Republicans spent money in 2004-2006 like, well, like they were Democrats. And we voted them out of office.

What was McCain except a big reach across the isle? Part of the Gang of 14 that chose to work with Democrats instead of pushing for the judicial appointees which we will never get. Not in my lifetime. The Democrats will fill each and every one of those posts with liberal activist judges that should have been filled by conservative strict constructionists. Reaching across the isle hurt the conservative cause. Wait till Obama appoints 4 new judges in his first term to the Supreme Court, and then see if reaching across the isle helped us in any way.

McCain promised to take hatchet to the government spending and cut our earmarks, but when it came time for the $700 billion bailout of our economy, not only did he vote for it, but he also voted for an additional $150 billion in pork. That’s when he lost the election for sure.

Lesson learned. Stick to your principles.

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The Loss of Conservatism

WASHINGTON - APRIL 18:   Republican presidenti...
Image by Getty Images via Daylife

If the major news media has succeeded today in discouraging conservatives from voting, the trifecta will be complete – Legislative, Executive, and Media.

The blame for such a loss can be spread to many people. Let’s start at the top.

I like President Bush, and I threw my entire support behind him for the Iraq War. I think he is a good, honest President. But as a communicator, he failed. The left managed to brand him with a paint of hate, and Bush stoically didn’t respond. Terrible mistake. He also mistakenly believed he could appease the left with vastly expanded programs; Medicare, prescription drugs, No Child Left Behind, etc. Soon the spending of the Republicans put the spending of the Liberals to shame.

McCain reflects that belief that if we’re more liberal, liberals will like us. They don’t. And they can out-liberal us any day of the week. The real reason Republicans are losing is that once in power, they forgot they were the party of limited government. Just like the elder George Bush losing office because of his broken “No new taxes” pledge, the Republicans are being voted out of office because they are too liberal.

Americans won’t stand for the ultra-liberal policies about to be imposed on us, but by the time the Democrats are tossed out, the next incremental step toward a socialist nanny-state will be firmly in place. We’re about to lurch to the left

But much of their agenda — the “card check” proposal to end secret ballots in union elections, the Fairness Doctrine to stifle conservative talk radio, liberal judicial nominees, trade restrictions, retreat from Iraq, talks with Iran — doesn’t require spending. And after 14 years of Republican control of Congress, the presidency, or both, Democrats are impatient. They want to move quickly.

They’ll be able to do this because they hold nearly fillibuster-proof majorities, a far left puppet president who will vote “present” rather than tackle hard issues, and an ecstatic liberal news media. Toss in the liberal court system they will immediately appoint, and conservatism will be a little-remembered philosophy confined to the flyover states.

Conservatives, we did this to ourselves by trying to out-liberal the liberals. I sure hope we learn the lesson this time. We only win when we hold to our conservative principles. We didn’t do that thel ast 4 years, and we’re about to pay heavily for it.

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