Of the sons of Issachar, men who understood the times, with knowledge of what Israel should do, their chiefs were two hundred; and all their kinsmen were at their command — 1 Chronicles 12:32
Then I heard what sounded like a voice among the four living creatures, saying, “A quart of wheat for a day’s wages, and three quarts of barley for a day’s wages, and do not damage the oil and the wine!” (Revelation 6:6).
Messiah Obama wisely understands that we need sky high energy prices to force us to abandon lifestyles that are bad for the world. That way he can keep the promise he made to the earth: “this was the moment when the rise of the oceans began to slow and our planet began to heal.” The earth is much bigger than your little children, so Obama can break his competing promises to you and your family. In fact, your evil if you want him to keep his promises that would prevent him from his messianic duties of healing the whole world.
A gallon of gas was $1.79 when Obama took over from that terrible George Bush. Unfortunately, it has gone up about 110% under Obama, to $3.88 this week. Damn that Bush devil! Can you believe the way he actually wanted to keep the cost of our energy low, so people could do awful stuff like drive to work? The half of us who sponge off the other half don’t need work, so why should the half we sponge off of?
We already voted for the “hope and change” of $9 a gallon gas in the wonderful fundamentally transformative election of 2008. And how dare people get angry about that now!!!
Because Obama in his blessed wisdom knows that most Americans are far, far too stupid to understand anything that happens gradually, such as gas rising to the $8 a gallon levels like they are in Europe. And it doesn’t really matter how much the American people suffer. Not compared to healing earth and lowering the seas like Moses. Obama will be better than Moses; he’ll make the level of the whole ocean change!!!!
And food? So what if the price of food is going through the roof? Michelle Obama will tell you that you’re too fat anyway. You need to lose a whole lot of weight, and her husband’s policies will give you the help you need. You shouldn’t be allowed to eat half as much food as you eat, anyway. They don’t get to eat in North Korea, and it’s a socialist worker’s Utopia. So why should it be any different in the worker’s Utopia your Dear Leader is trying to create for you here? North Koreans are 5.3 inches (13.5 cm) shorter and 30 pounds (13.5 kg) lighter than those fat overfed capitalist South Korean bastards. And American kids should be as short and gaunt as their fellow socialist travellers.
I sure hope I’m not putting too much crap in the sandwich I’m feeding you. Because excrement is a precious commodity in North Korea. And it should be just as precious here.
But just in case you think the hope and change of Obama’s fundamental transformation is already more than you can bear, it gets even better. The cost of having a roof over your head is skyrocketing, too. Which might help you not worry so much about the price of food and the price of fuel.
Record numbers of Americans are paying more than half of their pretax income for rental housing, according to a new study.
The study, by the Harvard University Joint Center for Housing Studies, found that the recession’s toll on incomes had increased more families’ housing-cost burdens. Almost 26% of renters spend more than half of their income on rent and utilities. Another 26.2% spend 30% to 50% of their incomes.
The study’s findings are similar to the findings of the Center for Housing Policy, which found that working families, both renters and homeowners, were spending a larger proportion of their income on housing. [..]
Lower-income renters have historically struggled to find affordable housing and have paid a disproportionate share of their income in rent. But, according to the study, that problem is moving up the income ladder with more lower-middle-income renters and middle-income renters paying 30% to 50% of their incomes for rent and utilities. […]
The study offers the latest in a series of grim statistics about the scarcity of rental housing, especially for the working poor. The supply has not kept up with demand in part because of a shortage of apartments, a key source of new rentals. Developers cut back on such projects when the economy deteriorated in 2009, which drove down vacancies and boosted rents. Analysts say they expect rents to keep climbing as developers try to ramp up new projects and catch up with demand.
In many areas, the demand is driven by families who lost their homes to foreclosure during the housing bust and ended up searching for rentals. Meanwhile, as the job market recovers, more newly employed young adults appear to be seeking their own apartments instead of living with their parents, putting even more upward pressure on rental rates, according to one of the study’s researchers.
But don’t worry. Pretty soon, thanks to Obama’s financial policies, you’ll have cash. Lots and lots of cash. Wheelbarrows full of it, in fact.
I rather routinely call Obama the F-word. No, not that F-word (although the ability to resist doing so is dwindling); the other F-word: Fascist. Barack Obama is a fascist.
I have had quite a few liberals fixate on this word, and – while ignoring the rest of my arguments – proceed to give me a lecture about how my extremism undermines my positions and arguments (which they don’t bother to consider).
I’d like to respond to that. At length.
There are many who would argue that if a politician is not as rabid as Adolf Hitler, that one cannot use this label of “fascist” – at least not unless the target is a Republican (see below). Barack Obama is not a “dictator,” these would argue. He hasn’t launched the world into global war and he hasn’t murdered 6 million Jews (at least, he hasn’t yet). So he can’t be a “fascist.” This argument fails on two parts. First of all, by such a metric, Benito Mussolini wouldn’t be a “fascist” either (except for the “dictator” part). One of the reasons it is hard to have an easy definition of “fascist” is because fascism has taken a different character in every country and culture in which it has been embraced. Hitler is not the norm or standard of fascism; he is merely the most extreme example of its virulence and danger. Secondly, even if we were to take a Hitler as our example, let us realize that Adolf Hitler was a very cunning politician who managed to gain power in a Germany that was THE most sophisticated, educated and scientific nation and culture of its day. What I am asserting is that if an Adolf Hitler were to run for the presidency of the United States in 2012, he would run a platform that we could very easily label as “hope and change,” he would demagogue his adversaries as being the cause for the nation’s plight, he would lie both cynically and outrageously to win votes and he would then proceed to push the country as far as he possibly could toward his agenda. And so here, from the outset, I am claiming that the suggestion that either Barack Obama or anyone else does not qualify as a “fascist” simply because he or she can’t be directly compared to Adolf Hitler is nothing but a straw man.
The question thus becomes, what is fascism, and then it is what is Obama steering us toward?
THE WORD “fascism” is used broadly on the left as a term of abuse. Sometimes it is used to refer to any repressive government, whatever its political form. Most commonly on the left in the U.S., it is used to describe any Republican government–in particular, any Republican government or candidate on the eve of a presidential election.
As an experiment, I typed the words “Bush fascist” and then “Obama fascist” sans quotes. I got 3,280,000 Google hits for Bush fascist (and keep in mind an awful lot of hits would have vanished in the last 11 years as domains purged articles or simply ceased to exist) versus only 2,490,000 for Obama. That means liberals were over 45% more likely to call Bush a fascist than conservatives have been to call Obama one.
And when these liberals express their outrage that I would dare call Obama a fascist and thus lower the discourse, I invariably ask them just where the hell they were when their side was teeing off on Bush for eight unrelenting years of Bush derangement syndrome??? It was rare indeed to see a liberal excoriate his fellow liberals for demonizing the president of the United States.
With all due respect, the left started this form of “discourse.” They turned it into an art form. And how dare these hypocrites dare to tell me not to do unto Obama as they did unto Bush???
That might only be a rhetorical argument, as two wrongs clearly don’t make a right. But it remains a powerful one. Liberals have forfeited any moral right to criticize conservatives for using their own tactics against them.
But I don’t simply call Obama a fascist because liberals called Bush one. I call him one because he has exhibited all kinds of fascistic tendencies, which I shall in time describe.
But fascism has a far more precise definition. Historically, fascism is a far-right movementof the middle classes (shopkeepers, professionals, civil servants) who are economically ruined by severe economic crisis and driven to “frenzy.”
In the brilliant words of Leon Trotsky, fascism brings “to their feet those classes that are immediately above the working class and that are ever in dread of being forced down into its ranks; it organizes and militarizes them…and it directs them to the extirpation of proletarian organizations, from the most revolutionary to the most conservative.”
I have no doubt that the irony of these words were entirely lost to the “Socialist Worker” who wrote the article. But allow me to illuminate it for you: think of the most infamous fascists of all time, the Nazis. What did the word “Nazi” stand for? It was the “acronym for the ‘National Socialist German Workers Party’.” Let me try that again, just in case you missed these precious little details: “National SOCIALIST German WORKERS Party.”
But ask the “Socialist Workers” and they’ll assure you that the “Socialist Workers Party” had absolutely nothing whatsoever to do with Socialist Workers. Because that would certainly be awkward, wouldn’t it???
It is rather fascinating that “Socialist Worker” would cite as his authority on fascism and who should be labeled as a “fascist” the Marxist thinker . Allow me to provide one counter statement which is based not on the “brilliant words” of a Marxist, but on the plain simple facts:
“Part of the problem in recognizing fascism is the assumption that it is conservative. [Zeev] Sternhell has observed how study of the ideology has been obscured by “the official Marxist interpretation of fascism.” Marxism defines fascism as its polar opposite. If Marxism is progressive, fascism is conservative. If Marxism is left wing, fascism is right wing. If Marxism champions the proletariat, fascism champions the bourgeoisie. If Marxism is socialist, fascism is capitalist.
The influence of Marxist scholarship has severely distorted our understanding of fascism. Communism and fascism were rival brands of socialism. Whereas Marxist socialism is predicated on an international class struggle, fascist national socialism promoted a socialism centered in national unity. Both communists and fascists opposed the bourgeoisie. Both attacked the conservatives. Both were mass movements, which had special appeal for the intelligentsia, students, and artists, as well as workers. Both favored strong centralized governments and rejected the free economy and the ideals of individual liberty. Fascists saw themselves as being neither of the right nor the left. They believed that they constituted a third force synthesizing the best of both extremes” [Gene Edward Veith, Jr., Modern Fascism: Liquidating the Judeo-Christian Worldview, p. 26].
So depending on Leon Trotsky or any other Marxist-inspired academic who merely parrots “the official Marxist interpretation of fascism” has rather serious intellectual drawbacks. And yet that is largely what we get. Far too many American academics wouldn’t be so obvious as to use the phrase, “In the brilliant words of Leon Trotsky,” but they give his ideas, theories and talking points total credence, nonetheless. The term “useful idiots” was literally coined to describe these Western “intellectuals.” And their being “useful idiots” is every bit as true today as it ever was in the past.
Consider the REAL “polar opposite”: American conservatives are capitalists, not socialists. They demand a limited national/federal government, not a massive centrally planned state as does socialism, communism and fascism. They prefer the federalist idea of powerful states’ rights against a weakened federal government, not some all-powerful Führer. And to try to force conservatives into some Nazi mold invariably means either creating straw men arguments or citing irrelevant facts (such as that conservatives favor a large military just like the Nazis did, as though virtually every single communist state does not similarly favor a large military “just like the Nazis did”). If you want an all-powerful national government that gets to decide who wins and who loses, if you want to see a system where you have to come to your government for assistance and resources with all manner of strings attached rather than being allowed to depend on yourself, your family and your community, you should embrace the political left, not the right.
By the way, another favorite idiotic red herring for liberals asserting that “Nazism was right wing” was that the Nazis hated the admittedly left wing communists. But consider the fact that Coke hates Pepsi and Barbie Doll makers hate Bratz Doll makers. Are we supposed to believe that Coke is the opposite of Pepsi as opposed to water, milk or orange juice? The fact of the matter is that Nazis and Soviet Communists hated each other because both movements had a global agenda of totalitarian dominion, and both movements were competing for the same rabidly left wing converts.
Pardon me for the following insult, but the only people who believe garbage arguments like these are ignorant fools who live in a world of straw men. Even if they have the title “PhD.” after their names.
It is for that reason that I can state categorically that Marxism and fascism are not “polar opposites” at all. They are merely two potentially complementary species of socialism. That is why China has been able to easily weave blatantly fascistic (national socialist/corporatist) elements into its Maoist communism. It is also why Joseph Stalin was able to go from being an international socialist (i.e. a communist) and then appeal to nationalism (i.e., national socialism or “fascism”) when he needed to fight Hitler, only to switch back to “international socialism” after the war, as a few lines from Wikipedia on “Russian nationalism” point out:
The newborn communist republic under Vladimir Lenin proclaimed internationalism as its official ideology[4]. Russian nationalism was discouraged, as were any remnants of Imperial patriotism, such as wearing military awards received before Civil War….
The 1930s saw the evolution of the new concept of Soviet nationalism under Joseph Stalin, based on both Russian nationalism and communist internationalism. Official communist ideology always stated that Russia was the most progressive state, because it adopted socialism as its basis (which, according to the writings of Karl Marx, is the inevitable future of world socio-economic systems). Under Lenin, the USSR believed its duty to help other nations to arrange socialist revolutions (the concept of World Revolution), and made close ties with labor movements around the world[4].
[…]
The Soviet Union’s war against Nazi Germany became known as the Great Patriotic War, hearkening back to the previous use of the term in the Napoleonic Wars. The Soviet state called for Soviet citizens to defend the ‘Motherland’, a matrilineal term used to describe Russia in the past.
[…]
In 1944, the Soviet Union abandoned its communist anthem, The International, and adopted a new national anthem which citizens of the Soviet Union could identify with.
And then, with the victory secured over fascism, the Stalinist “national socialism” (a.k.a. “fascism”) suddenly became international socialism again. The Nazis’ very name was Nationalsozialistische.
One can be a “Marxist-fascist” and combine and blend elements of both totalitarian socialist systems quite easily, as both the Russian and then the Chinese communists proved. Communism and fascism have far more in common with one another than they have in opposition; especially when you examine the fact that both political systems invariably end up becoming the same big-government totalitarian police state.
So for my first two points – namely that 1) the left has routinely demagogically labeled the right “fascist” even when 2) it is clearly the left that owes far and away the most to fascistic elements – I am going to continue to shout from the rooftops who are the real fascists in America.
That said, it is still not enough to merely point out the FACT that American liberalism has much in common with fascism. And there is a lot more yet to say.
Before I begin spouting particular examples, I therefore need to further approach just what it is that would constitute a “fascist.” And then see who and how the label fits. From The Concise Encyclopedia of Economics:
The best example of a fascist economy is the regime of Italian dictator Benito Mussolini. Holding that liberalism (by which he meant freedom and free markets) had “reached the end of its historical function,” Mussolini wrote: “To Fascism the world is not this material world, as it appears on the surface, where Man is an individual separated from all others and left to himself…. Fascism affirms the State as the true reality of the individual.”
This collectivism is captured in the word fascism, which comes from the Latin fasces, meaning a bundle of rods with an axe in it. In economics, fascism was seen as a third way between laissez-faire capitalism and communism. Fascist thought acknowledged the roles of private property and the profit motive as legitimate incentives for productivity—provided that they did not conflict with the interests of the state.
[…]
Mussolini’s fascism took another step at this time with the advent of the Corporative State, a supposedly pragmatic arrangement under which economic decisions were made by councils composed of workers and employers who represented trades and industries. By this device the presumed economic rivalry between employers and employees was to be resolved, preventing the class struggle from undermining the national struggle. In the Corporative State, for example, strikes would be illegal and labor disputes would be mediated by a state agency.
Theoretically, the fascist economy was to be guided by a complex network of employer, worker, and jointly run organizations representing crafts and industries at the local, provincial, and national levels. At the summit of this network was the National Council of Corporations. But although syndicalism and corporativism had a place in fascist ideology and were critical to building a consensus in support of the regime, the council did little to steer the economy. The real decisions were made by state agencies such as the Institute for Industrial Reconstruction (Istituto per la Ricosstruzione Industriale, or IRI), mediating among interest groups.
[…]
Mussolini also eliminated the ability of business to make independent decisions: the government controlled all prices and wages, and firms in any industry could be forced into a cartel when the majority voted for it. The well-connected heads of big business had a hand in making policy, but most smaller businessmen were effectively turned into state employees contending with corrupt bureaucracies. They acquiesced, hoping that the restrictions would be temporary. Land being fundamental to the nation, the fascist state regimented agriculture even more fully, dictating crops, breaking up farms, and threatening expropriation to enforce its commands.
Banking also came under extraordinary control. As Italy’s industrial and banking system sank under the weight of depression and regulation, and as unemployment rose, the government set up public works programs and took control over decisions about building and expanding factories. The government created the Istituto Mobiliare in 1931 to control credit, and the IRI later acquired all shares held by banks in industrial, agricultural, and real estate enterprises.
The image of a strong leader taking direct charge of an economy during hard times fascinated observers abroad. Italy was one of the places that Franklin Roosevelt looked to for ideas in 1933…
Fascism is all about the “community,” not the individual. Its message is about the good of the nation, or the people (or the Volk), or the community, rather than the good of a nation’s individual citizens. It is about distributing and then redistributing the wealth and returning it to “its rightful owners” under the guise of an all-powerful state rather than recognizing and rewarding individual achievement. In short, when Hillary Clinton explained that, “It takes a village,” an educated Nazi would have snapped his fingers and excitedly shouted, “Ja! JA! Das ist ES!”
For Obama, the collectivism, community or “village” thing is such a profound part of him that he has literally made it an integral part of his very heretical form of “Christianity,” which very much stresses individual salvation and individual responsibility. Obama has on several occasions put it this way:
For example, in 1995, Obama said, “my individual salvation is not going to come about without a collective salvation for the country…” and again in May of 2008, “our individual salvation depends of collective salvation.”
In the Christian faith, there is no such thing as collective salvation. Salvation is an individual choice. It is personal acceptance of Jesus as savior, Son of the living God.
Obama’s is a wildly perverted view of orthodox Christianity. It so distorts true Christianity at such a fundamental level, in fact, that one literally has to go to Hitler to find a suitable similar parallel from a “Christian” national leader. The great Protestant Reformer Martin Luther – the most famous German prior to Hitler – had written the most monumental text of German culture prior to Hitler’s Mein Kampf. It was called “The Bondage of the Will,” which was considered THE manifesto of the Reformation. According to Luther, the human will was in bondage to sin. The fallen will, if left to itself, will choose what is evil. The human will has been perversely set against the righteous will of God. For sinful human beings, the will is not in a state of liberty but is in bondage to its worst impulses. Luther wrote in this work, “When our liberty is lost we are compelled to serve sin: that is, we will sin and evil, we speak sin and evil, we do sin and evil.” Adolf Hitler infamously turned that key doctrine of Christianity on its head in his “The Triumph of the Will,” in which he exalted depraved human will to an altogether different level of human depravity. Which is to say that Hitler was so profoundly wrong that he proved Luther right.
But getting back to Obama’s profoundly anti-Christian concept of “collective salvation,” the Nazis would have been all over that, enthusiastically shouting their agreement, “Ja! JA! Das ist ES!” Recall the encyclopedia entry on fascism stating that, “Fascism affirms the State as the true reality of the individual,” which was then further defined as “collectivism.” And the Nazis repeatedly called upon loyal Germans to make horrendous sacrifices in the name of that collective.
What the Nazis pursued was a form of anti-capitalist anti-conservative communitarianism encapsulated in the concept of Volksgemeinschaft, or “people’s community.”
From the Nazi Party Platform:
– The first obligation of every citizen must be to work both spiritually and physically. The activity of individuals is not to counteract the interests of the universality, but must have its result within the framework of the whole for the benefit of all Consequently we demand:
– Abolition of unearned (work and labour) incomes. Breaking of rent-slavery.
– In consideration of the monstrous sacrifice in property and blood that each war demands of the people personal enrichment through a war must be designated as a crime against the people. Therefore we demand the total confiscation of all war profits.
– We demand the nationalization of all (previous) associated industries (trusts).
– We demand a division of profits of all heavy industries.
– We demand an expansion on a large scale of old age welfare.
– We demand the creation of a healthy middle class and its conservation, immediate communalization of the great warehouses and their being leased at low cost to small firms, the utmost consideration of all small firms in contracts with the State, county or municipality.
– We demand a land reform suitable to our needs, provision of a law for the free expropriation of land for the purposes of public utility, abolition of taxes on land and prevention of all speculation in land.
– We demand struggle without consideration against those whose activity is injurious to the general interest. Common national criminals, usurers, Schieber and so forth are to be punished with death, without consideration of confession or race.
– We demand substitution of a German common law in place of the Roman Law serving a materialistic world-order.
– The state is to be responsible for a fundamental reconstruction of our whole national education program, to enable every capable and industrious German to obtain higher education and subsequently introduction into leading positions. The plans of instruction of all educational institutions are to conform with the experiences of practical life. The comprehension of the concept of the State must be striven for by the school [Staatsbuergerkunde] as early as the beginning of understanding. We demand the education at the expense of the State of outstanding intellectually gifted children of poor parents without consideration of position or profession.
– The State is to care for the elevating national health by protecting the mother and child, by outlawing child-labor, by the encouragement of physical fitness, by means of the legal establishment of a gymnastic and sport obligation, by the utmost support of all organizations concerned with the physical instruction of the young.
– We demand abolition of the mercenary troops and formation of a national army.
– We demand legal opposition to known lies and their promulgation through the press. In order to enable the provision of a German press, we demand, that: a. All writers and employees of the newspapers appearing in the German language be members of the race: b. Non-German newspapers be required to have the express permission of the State to be published. They may not be printed in the German language: c. Non-Germans are forbidden by law any financial interest in German publications, or any influence on them, and as punishment for violations the closing of such a publication as well as the immediate expulsion from the Reich of the non-German concerned. Publications which are counter to the general good are to be forbidden. We demand legal prosecution of artistic and literary forms which exert a destructive influence on our national life, and the closure of organizations opposing the above made demands.
Ah, yes, the Nazis had their “Fairness Doctrine” long before this current generation of liberals had theirs.
You read that Nazi Party Platform carefully, and you tell me if you see small government conservative Republicans or big government liberal Democrats written all over it.
Now, you read the Nazi Party Platform, and given what American liberals want and what American conservatism opposes, it is so obvious which party is “fascist” that it isn’t even silly. Then you ADD to that the fact that fascism and American progressivism (which is liberalism) were so similar that the great fascists of the age couldn’t tell the damn difference.
Since you point out Nazism was fascist, let’s look at some history as to WHO was recognized as fascist in America.
Fascism sought to eliminate class differences and to destroy/replace capitalism and laissez-faire economics.
H.G. Wells, a great admirer of FDR and an extremely close personal friend of his, was also a great progressive of his day. He summed it up this way in a major speech at Oxford to the YOUNG LIBERALS organization under the banner of “Liberal Fascism”: “I am asking for a Liberal Fascisti, for enlightened Nazis.” He said, “And do not let me leave you in the slightest doubt as to the scope and ambition of what I am putting before you” and then said:
These new organizations are not merely organizations for the spread of defined opinions…the days of that sort of amateurism are over – they are organizations to replace the dilatory indecisiveness of democracy. The world is sick of parliamentary politics…The Fascist Party, to the best of its ability, is Italy now. The Communist Party, to the best of its ability, is Russia. Obviously the Fascists of Liberalism must carry out a parallel ambition on still a vaster scale…They must begin as a disciplined sect, but must end as the sustaining organization of a reconstituted mankind.”
H.G. Wells pronounced FDR “the most effective transmitting instrument possible for the coming of the new world order.” And of course, we easily see that the new world order Wells wanted was a fascist one. In 1941, George Orwell concluded, “Much of what Wells has imagined and worked for is physically there in Nazi Germany.”
It was from the lips of liberal progressive H.G. Wells that Jonah Goldberg got the title of his book, Liberal Fascism. Goldberg didn’t just invent this connection: H.G. Wells flagrantly admitted it and George Orwell called him on it. All Goldberg did was rediscover history that liberals buried and have used every trick imaginable to keep buried.
And as a tie-in to our modern day, who more than Barack Obama has been more associated with said FDR?
But let me move on to some real red meat. In just what specific, concrete ways can I call Obama a fascist?
Well, to begin with, there is the signature achievement of his entire presidency, his national health care system (ObamaCare). For liberals, it is nothing but the most bizarre coincidence that Nazi culture had a national health care system that was quite rightly considered the wonder of its day by socialists in America. It is the most despicable of insults that Sarah Palin excoriated ObamaCare as “death panels” – even though it is more precisely a bureaucratic maze consisting of more like 160 separate death panels:
And the “czar” thing hits a very fascist nerve, too. Obama has appointed 39 czars who are completely outside our Constitutional process. Obama signed a budget bill into law that required him to remove these czars, but why would a fascist trouble himself with outmoded things like “laws”? One of the enraged Republicans responded, “The president knew that the czar amendment was part of the overall budget deal he agreed to, and if he cannot be trusted to keep his word on this, then how can he be trusted as we negotiate on larger issues like federal spending and the economy.” And of course, he’s right.
But why do I say it’s financial fascism in 20/20 hindsight? Because of what we just learned: in spite of all the bogus lying promises and the massive takeover “for our own good,” Obama didn’t fix anything. Instead he made it WORSE:
The financial system poses an even greater risk to taxpayers than before the crisis, according to analysts at Standard & Poor’s. The next rescue could be about a trillion dollars costlier, the credit rating agency warned.
S&P put policymakers on notice, saying there’s “at least a one-in-three” chance that the U.S. government may lose its coveted AAA credit rating. Various risks could lead the agency to downgrade the Treasury’s credit worthiness, including policymakers’ penchant for rescuing bankers and traders from their failures.
“The potential for further extraordinary official assistance to large players in the U.S. financial sector poses a negative risk to the government’s credit rating,” S&P said in its Monday report.
But, the agency’s analysts warned, “we believe the risks from the U.S. financial sector are higher than we considered them to be before 2008.”
Because of the increased risk, S&P forecasts the potential initial cost to taxpayers of the next crisis cleanup to approach 34 percent of the nation’s annual economic output, or gross domestic product. In 2007, the agency’s analysts estimated it could cost 26 percent of GDP.
Last year, U.S. output neared $14.7 trillion, according to the Commerce Department. By S&P’s estimate, that means taxpayers could be hit with $5 trillion in costs in the event of another financial collapse.
Experts said that while the cost estimate seems unusually high, there’s little dispute that when the next crisis hits, it will not be anticipated — and it will likely hurt the economy more than the last financial crisis.
So much for the massive and unprecedented fascist government takeover.
Think last year’s $700 billion Wall Street rescue package was beaucoup bucks to spend bailing out the nation’s floundering financial system? That’s chump change compared to what the overall price tag could be, a government watchdog says.
The inspector general in charge of overseeing the Treasury Department’s bank-bailout program says the massive endeavor could end up costing taxpayers almost $24 trillion in a worst-case scenario. That’s more than six times President Obama’s proposed $3.55 trillion budget for 2010.
Nobody here but us fascists. And we sure aint talking.
Then there are other issues that the left usually uses to attack conservatives, such as racism. Wasn’t Hitler a racist, just like conservatives? The problem is, the liberals are as usual upside-down here. After running as the man to create racial harmony, Barack Obama has instead done more to racially polarize America than any president since other famous progressives such as Woodrow Wilson and FDR. Frankly, if one were to conduct a major study of racial politics, and the setting up in opposition of one racial group against another, just which party has emphasized race and race-baiting more?
Hitler’s Jew-baiting was all about the idea that one race had taken over the culture, had the money and the power, and was using its influence to oppress the people in the banking system and anywhere else that mattered. And Hitler’s constant screed was that Germany needed to confiscate the Jews’ wealth and then redistribute it. With all respect, all the left has done is replace “Jew” with “Caucasian” and making the exact same claims.
And with all this hard-core racist demagoguing, I’m supposed to say that, “Oh, yes, it’s the conservatives who are guilty of demagoguing race”??? Seriously???
Obama has Samantha Powers (the wife of Cass Sunstein, the man who “nudges us”) close to him and advising him on matters of war. According to the very liberal publication The Nation, “She began to see war as an instrument to achieving her liberal, even radical, values.” What if you had an ultra conservative – oh, say a Sarah Palin – openly acknowledged to pursue war and risk American lives to advance her radical values??? What would the left call this if not “fascist”?
But it’s only fascist if Republicans do it, of course.
Also in yesterday’s news is the fact that Obama is the perpetual demagogue– which is a quintessentially fascist tactic. Obama demonized Bush for trying to raise the debt ceiling until he needed to raise it. Now it would be un-American for Republicans to act the same exact way Obama acted. In the same demagogic spirit, Obama personally invited Paul Ryan to a speech just so he could personally demonize him. The same Obama who lectured Republicans that it would be counter-productive to rely on name-calling and accusations in the health care debate launched into a vicious demagogic attack. Ryan correctly said that “What we got yesterday was the opposite of what he said is necessary to fix this problem.” But that is par for the golf course for a fascist. If that wasn’t enough, Obama held a White House conference for “stake holders” in the immigration debate and refused to invite a single governor from a border state.
A Republican equivalent would have had to come out of a deep involvement with some vile racist militia organization to approximate Obama’s background. And liberals would rightly label such a politician a fascist for his past alone.
Here’s a recent Youtube video of Obama’s key union allies on camera saying, “We’re not going to rely on the law,” and, “Forget about the law” as they seek to impose their unions basically whether workers want them or not:
Start Thinking Right 