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2 years ago
Tuesday, March 30, 2010
Thursday, March 18, 2010
Monday, March 8, 2010
How Did We the People get in this Mess?
To put it simply we expected our politicians to deliver miracles and perform economic feats that in the long run are unsustainable. We vote in politicians and demand retirement, medical services, housing subsidies, education oversight, national defense, domestic defense, lazy high paid government jobs, drug wars, overseas spying, domestic spying and thousands of other things unrelated to protecting freedom and liberty. The programs are cheap poorly thought out schemes in some cases no better than a Bernie Madoff ponzi scheme. Social Security was supposes to be put in a “lock box” back in 1985. Guess what it was robbed. Surprised? People condemn corporations for greed but there is no swine shallower than the politician that would steal grandma’s retirement money.
Problem number one is federal spending. This is not a Democrat or Republican problem. Both parties are equally guilty of spending the United States into oblivion.
Bill Clinton the most fiscally conservative president since Eisenhower?
A quick look at the St. Louis Federal Reserve web site and Federal Consumption and Gross Investment shows a spending increase of 82% for the 1960’s, 92% for the 70’s, a whooping 97% under Reagan and Bush 41, 13% under Clinton and another 86% under Bush 43. The most fiscally conservative president since Eisenhower has been Bill Clinton? Yes that’s what the numbers tell us.
Today our known national debt is 12.5 trillion. Our entire GDP is $14.5 trillion. 87% debt ratio is not good but it could be overcome if that was all we owed. Unfortunately our unfunded liabilities are $108 trillion. Medicare liability being the largest chunk at $74 trillion. Is it any wonder the federal government is fighting tooth and nail to get its hands on Medicare? With baby boomers scheduled to retire by the millions this program alone will financially destroy America. In the coming years there will have to be a huge expansion in the supply of medical care or massive rationing.
It doesn’t matter which party is in control. If the ship is sinking I would rather take my chances with the private sector. I cringe at the thought of being stuck in some hospital ward for months with no care and little food like in England. State wards checking me every few hours to see if I am dead so they can move another patient into my space. Thanks but no thanks. I think I would rather die in a barn than a state run medical facility.
So the federal government has promised the gimme generation generous retirements and medical care for their votes. And for the most part they delivered. Pensioners like my grandmother paid a 1% payroll tax and she never saw her tax increase above 5% matched by her employer. For her paying a few thousand to get a few hundred thousand in benefits was a no brainer. She was at the beginning of the FDR vote buying schemes. It was a great New Deal for her. And now the baby boomers are about to retire and there is no possible way the politicians can deliver on their promises. The lock box is empty, the party is over, the alcohol is wearing off and people are beginning to realize it was all just a generational illusion. One group of citizens getting another to pay for their retirement and medical care. Generational theft as John McCain likes to coin the phrase. Only the generation that got robbed doesn’t even realize it yet. But they will.
Ronald Reagan talked the talk but delivered big government
The average debt per citizen is $40,372. The debt per taxpayer is $113,840. The PPP is $46,400 per citizen. Personal debt per citizen is $53,905. The average tax payer is on the hook for about $190,000 both personal and government debt but he only makes $46,400. And the bills just keep on coming. The president states that he will not tax anyone making over $250,000. Does any sane person think that is true?
This entire health care bill is one big tax hike and rationing program. A complete renunciation of past promises made to the gimme generation. Benefits taken away from the gullible baby boomers that paid for grandma and grandpa their whole life to get negative returns in the end. Maybe the next generation will not be so gullible. Maybe the next generation will have personal savings retirement accounts.
They have the audacity to disguise it as providing health care for all. We are fools for voting them in and drowning them out when Reagan in 1983 and Bush in 2004 spoke up about the insolvency of these programs. This is nothing more than the final nail in the coffin for the United States. Are things ever the same after a personal bankruptcy? The United States will fundamentally change over the next decade. The Obama dictators on the left and freedom and liberty on the right. The states are already filing law suits and making preparations for state rule. They know what is on the horizon and are preparing accordingly.
There are other follies that have contributed to the demise of the United States but they are rooted in the fact that people vote for politicians who promise them the means to live the high life. The Community Reinvestment Acts of 1977 and 1996 opened up home ownership to the “disadvantaged” and gave everyone a piece of the American pie. We learned some people are renters and some are owners for a reason. Maybe everyone should not have a home.
Bush 43 set spending records. So much for the “R” label.
The Federal Reserve and it’s independence from Congress. Hey it’s a bank. It’s a bank that can print money. What do banks that can print money like to do? Maybe print money? It’s not rocket science but somehow our politicians ignore the fact that the dollar has lost 93% of its value since the creation of the Fed in 1913. The Federal Reserve played a huge role in making the Great Depression longer and deeper. In the past half the time the Federal Reserve got monetary policy right and half the time wrong. One thing is certain Alan Greenspan will go down in the Hall of Shame for his 1% Fed Funds rate in the middle of the biggest housing bubble in the history of mankind. With friends like that who needs enemies?
There was a reason Andrew Jackson killed the Second Bank of the United States and reverted back to a banking system of “hard money.” The biggest one was limiting the debt the federal government could get itself into. When the federal government borrowed money it had to pay back the money to private banks. This meant immediate tax hikes or long term debt. There was no game played where the Federal Reserve issues bonds to finance the federal government, sells them to a third party and then buys them back. From 1837 to 1913 if the federal government borrowed money it paid it back or defaulted like everyone else. It was only after the private sector bail out in 1895 of the federal government that New York bankers revive the idea of a national bank. And today we are relearning the lessons Andrew Jackson learned 181 years ago about concentration of wealth and power in a single bank.
The progressives of 1913 put into place their piece of the dictatorship puzzle. FDR put his ponzi schemes in place to move toward dictatorship. Nixon and his communist price controls. Reagan and his crazy spending. It’s been a march for a hundred years now.
Jeckle Island the birth of the Federal Reserve
Some generations have done well and some have yet to be screwed royally. Everyone keeps electing the same D and R politicians and we keep getting the same D and R solutions. What is best for the people will probably never happen but they are:
1. Health Savings Accounts with catastrophic $5,000 deductibles. Simple and puts the power in the hands of consumers.
2. Personal Retirement Accounts. Let the people keep 5% of what they earn in local, state, federal or corporate AAA bonds. At least the people will know what return they are getting on their money.
3. End the Fed. God I sound like an Alex Jones nut-case. I have supported the Federal Reserve my whole life under Volcker and Greenspan but after the disastrous events that have occurred and will occur in the future I simply changed my mind. Peter Schiff, Dan Mitchell and others were right and I was wrong. The Federal Reserve simply cannot be trusted to do what is in the best interest of the people. I would support a return to “hard money” or a limited controlled Federal Reserve that is required by law to increase the monetary base at a set rate such as 3% plus or minus 1%. All other functions are delegated to different institutions.
4. Constitutional amendments further restricting the federal government from all social engineering. Social justice quickly becomes corruption. Let the states decide what is needed in the social justice arena.
There are many events that have led up to the point of insolvency and dictatorship. Hundreds and thousands. But the biggest change that has led us to this point is the change in attitude. During the Great Depression and afterwards a whole generation looked to the federal government for economic salvation. It mattered little that the results were horrible and returns meager. People began voting for politicians that could deliver more and more benefits. No one looked to the year 2019 when the bills came due. It was all fun and games for the “Greatest Generation” and they plundered their children for retirement payments and medical bills. And now the baby boomers are going to retire and the politicians have spent all the money and left an unattainable national debt. The politician’s equivalent of a lump of coal for Christmas. We get the government we deserve.
Problem number one is federal spending. This is not a Democrat or Republican problem. Both parties are equally guilty of spending the United States into oblivion.
Bill Clinton the most fiscally conservative president since Eisenhower?
A quick look at the St. Louis Federal Reserve web site and Federal Consumption and Gross Investment shows a spending increase of 82% for the 1960’s, 92% for the 70’s, a whooping 97% under Reagan and Bush 41, 13% under Clinton and another 86% under Bush 43. The most fiscally conservative president since Eisenhower has been Bill Clinton? Yes that’s what the numbers tell us.
Today our known national debt is 12.5 trillion. Our entire GDP is $14.5 trillion. 87% debt ratio is not good but it could be overcome if that was all we owed. Unfortunately our unfunded liabilities are $108 trillion. Medicare liability being the largest chunk at $74 trillion. Is it any wonder the federal government is fighting tooth and nail to get its hands on Medicare? With baby boomers scheduled to retire by the millions this program alone will financially destroy America. In the coming years there will have to be a huge expansion in the supply of medical care or massive rationing.
It doesn’t matter which party is in control. If the ship is sinking I would rather take my chances with the private sector. I cringe at the thought of being stuck in some hospital ward for months with no care and little food like in England. State wards checking me every few hours to see if I am dead so they can move another patient into my space. Thanks but no thanks. I think I would rather die in a barn than a state run medical facility.
So the federal government has promised the gimme generation generous retirements and medical care for their votes. And for the most part they delivered. Pensioners like my grandmother paid a 1% payroll tax and she never saw her tax increase above 5% matched by her employer. For her paying a few thousand to get a few hundred thousand in benefits was a no brainer. She was at the beginning of the FDR vote buying schemes. It was a great New Deal for her. And now the baby boomers are about to retire and there is no possible way the politicians can deliver on their promises. The lock box is empty, the party is over, the alcohol is wearing off and people are beginning to realize it was all just a generational illusion. One group of citizens getting another to pay for their retirement and medical care. Generational theft as John McCain likes to coin the phrase. Only the generation that got robbed doesn’t even realize it yet. But they will.
Ronald Reagan talked the talk but delivered big government
The average debt per citizen is $40,372. The debt per taxpayer is $113,840. The PPP is $46,400 per citizen. Personal debt per citizen is $53,905. The average tax payer is on the hook for about $190,000 both personal and government debt but he only makes $46,400. And the bills just keep on coming. The president states that he will not tax anyone making over $250,000. Does any sane person think that is true?
This entire health care bill is one big tax hike and rationing program. A complete renunciation of past promises made to the gimme generation. Benefits taken away from the gullible baby boomers that paid for grandma and grandpa their whole life to get negative returns in the end. Maybe the next generation will not be so gullible. Maybe the next generation will have personal savings retirement accounts.
They have the audacity to disguise it as providing health care for all. We are fools for voting them in and drowning them out when Reagan in 1983 and Bush in 2004 spoke up about the insolvency of these programs. This is nothing more than the final nail in the coffin for the United States. Are things ever the same after a personal bankruptcy? The United States will fundamentally change over the next decade. The Obama dictators on the left and freedom and liberty on the right. The states are already filing law suits and making preparations for state rule. They know what is on the horizon and are preparing accordingly.
There are other follies that have contributed to the demise of the United States but they are rooted in the fact that people vote for politicians who promise them the means to live the high life. The Community Reinvestment Acts of 1977 and 1996 opened up home ownership to the “disadvantaged” and gave everyone a piece of the American pie. We learned some people are renters and some are owners for a reason. Maybe everyone should not have a home.
Bush 43 set spending records. So much for the “R” label.
The Federal Reserve and it’s independence from Congress. Hey it’s a bank. It’s a bank that can print money. What do banks that can print money like to do? Maybe print money? It’s not rocket science but somehow our politicians ignore the fact that the dollar has lost 93% of its value since the creation of the Fed in 1913. The Federal Reserve played a huge role in making the Great Depression longer and deeper. In the past half the time the Federal Reserve got monetary policy right and half the time wrong. One thing is certain Alan Greenspan will go down in the Hall of Shame for his 1% Fed Funds rate in the middle of the biggest housing bubble in the history of mankind. With friends like that who needs enemies?
There was a reason Andrew Jackson killed the Second Bank of the United States and reverted back to a banking system of “hard money.” The biggest one was limiting the debt the federal government could get itself into. When the federal government borrowed money it had to pay back the money to private banks. This meant immediate tax hikes or long term debt. There was no game played where the Federal Reserve issues bonds to finance the federal government, sells them to a third party and then buys them back. From 1837 to 1913 if the federal government borrowed money it paid it back or defaulted like everyone else. It was only after the private sector bail out in 1895 of the federal government that New York bankers revive the idea of a national bank. And today we are relearning the lessons Andrew Jackson learned 181 years ago about concentration of wealth and power in a single bank.
The progressives of 1913 put into place their piece of the dictatorship puzzle. FDR put his ponzi schemes in place to move toward dictatorship. Nixon and his communist price controls. Reagan and his crazy spending. It’s been a march for a hundred years now.
Jeckle Island the birth of the Federal Reserve
Some generations have done well and some have yet to be screwed royally. Everyone keeps electing the same D and R politicians and we keep getting the same D and R solutions. What is best for the people will probably never happen but they are:
1. Health Savings Accounts with catastrophic $5,000 deductibles. Simple and puts the power in the hands of consumers.
2. Personal Retirement Accounts. Let the people keep 5% of what they earn in local, state, federal or corporate AAA bonds. At least the people will know what return they are getting on their money.
3. End the Fed. God I sound like an Alex Jones nut-case. I have supported the Federal Reserve my whole life under Volcker and Greenspan but after the disastrous events that have occurred and will occur in the future I simply changed my mind. Peter Schiff, Dan Mitchell and others were right and I was wrong. The Federal Reserve simply cannot be trusted to do what is in the best interest of the people. I would support a return to “hard money” or a limited controlled Federal Reserve that is required by law to increase the monetary base at a set rate such as 3% plus or minus 1%. All other functions are delegated to different institutions.
4. Constitutional amendments further restricting the federal government from all social engineering. Social justice quickly becomes corruption. Let the states decide what is needed in the social justice arena.
There are many events that have led up to the point of insolvency and dictatorship. Hundreds and thousands. But the biggest change that has led us to this point is the change in attitude. During the Great Depression and afterwards a whole generation looked to the federal government for economic salvation. It mattered little that the results were horrible and returns meager. People began voting for politicians that could deliver more and more benefits. No one looked to the year 2019 when the bills came due. It was all fun and games for the “Greatest Generation” and they plundered their children for retirement payments and medical bills. And now the baby boomers are going to retire and the politicians have spent all the money and left an unattainable national debt. The politician’s equivalent of a lump of coal for Christmas. We get the government we deserve.
Obama Prepares Counter Insurgency against Peasants
The news for the ethnocentric narcissist has been bad for months now. The elitist probably doesn’t care in the slightest other than the white people are upset they lost their job. All those nasty Tea Party white trash peasants clogging up the streets and parks of America.
Michele and Barack are eating their Iron Chef meals while the girls attend the finest $30,000 a year economically segregated private school while the black peasants get raped and brutalized in the public schools a few feet away from the privileged Obama girls. The Federal Reserve is left holding $5.1 trillion in useless notes from payoffs to the Democratic Party thugs and Michele eagerly plans another tax payer funded party featuring the finest movie stars and the best food from Indonesia. The communist thugs won the election and they will have none of that back talk from the Tea Party peasants. So what to do? Let the peasants have health care.
Our Dear Leader, where’s the cigarette?
Yes while the peasants are starving, jobless, homeless and desperate just as in 1789 when Marie Antoinette proclaimed “Let them eat cake” and so to do our useless aristocrats in Washington proclaim “let them have health care” so they can feel good about their enlightened thinking and Harvard educations. And just as the reality of the precarious situation King Louis XVI and Marie Antoinette faced in 1789 did not dawn on them so to do Michele and Barack ignore the will of the peasants as they continue their self indulgence and pursuit of Harvard politics as the nation suffers. There are some earth changing events just around the corner in 2011 and the Obama’s are oblivious to change when it is front of their face.
A so it is in March of 2010. The Federal Reserve claims 5.7% GDP growth while the US Department of Labor reports 496,000 more job losses in one week. The Obama’s and the radical left have rallied the faithful for one last push for health care reform. If it’s good or bad for the people matters little. It’s good for consolidation of power in Washington.
Joseph Stalin could not find a Doctor in 1953 because he killed the best ones. He died alone.
The elites will always be able to afford the best doctors. Stalin had access to the best doctors even in the communist days of the USSR. That was until he had a purge of doctors. So unfortunate for him the purge occurred right before he got deathly ill and needed a doctor. Bad timing. Stalin died without medical assistance suffering in pain. No doctor in the USSR dared treat the tyrant for fear of being executed if there were any complications. Stalin withered away isolated and uncared for. And so some day may our smoking president contract lung cancer. May he receive the same treatment as Stalin on his death bed.
We the people know socialized medicine doesn’t work. We see Canada, England, France and Germany. We know cost will increase and quality decline just like any government run program. In this time of high cost the government should be going in the opposite direction eliminating programs. But the progressives continue to push for reconciliation and passage. And the peasants continue to be pushed just a little bit further towards revolution and real change against the aristocrats. Keep it up Harvard graduate we got your number. 1793 er 2012 is just around the corner.
Michele and Barack are eating their Iron Chef meals while the girls attend the finest $30,000 a year economically segregated private school while the black peasants get raped and brutalized in the public schools a few feet away from the privileged Obama girls. The Federal Reserve is left holding $5.1 trillion in useless notes from payoffs to the Democratic Party thugs and Michele eagerly plans another tax payer funded party featuring the finest movie stars and the best food from Indonesia. The communist thugs won the election and they will have none of that back talk from the Tea Party peasants. So what to do? Let the peasants have health care.
Our Dear Leader, where’s the cigarette?
Yes while the peasants are starving, jobless, homeless and desperate just as in 1789 when Marie Antoinette proclaimed “Let them eat cake” and so to do our useless aristocrats in Washington proclaim “let them have health care” so they can feel good about their enlightened thinking and Harvard educations. And just as the reality of the precarious situation King Louis XVI and Marie Antoinette faced in 1789 did not dawn on them so to do Michele and Barack ignore the will of the peasants as they continue their self indulgence and pursuit of Harvard politics as the nation suffers. There are some earth changing events just around the corner in 2011 and the Obama’s are oblivious to change when it is front of their face.
A so it is in March of 2010. The Federal Reserve claims 5.7% GDP growth while the US Department of Labor reports 496,000 more job losses in one week. The Obama’s and the radical left have rallied the faithful for one last push for health care reform. If it’s good or bad for the people matters little. It’s good for consolidation of power in Washington.
Joseph Stalin could not find a Doctor in 1953 because he killed the best ones. He died alone.
The elites will always be able to afford the best doctors. Stalin had access to the best doctors even in the communist days of the USSR. That was until he had a purge of doctors. So unfortunate for him the purge occurred right before he got deathly ill and needed a doctor. Bad timing. Stalin died without medical assistance suffering in pain. No doctor in the USSR dared treat the tyrant for fear of being executed if there were any complications. Stalin withered away isolated and uncared for. And so some day may our smoking president contract lung cancer. May he receive the same treatment as Stalin on his death bed.
We the people know socialized medicine doesn’t work. We see Canada, England, France and Germany. We know cost will increase and quality decline just like any government run program. In this time of high cost the government should be going in the opposite direction eliminating programs. But the progressives continue to push for reconciliation and passage. And the peasants continue to be pushed just a little bit further towards revolution and real change against the aristocrats. Keep it up Harvard graduate we got your number. 1793 er 2012 is just around the corner.
Dan Mitchell Videos on You Tube
Dan Mitchell one of the premiere economics at the CATO Institute has a web page on You Tube where his videos can be accessed for education and training proposes.
Here is the link for the You Tube site featuring Dan and other CATO scholars.
Here is a link to Dan Mitchell’s personal web site. On this site more videos can be accessed.
Here is a link to the Center for Freedom and Prosperity.
And finally here is Dan’s CATO web site.
Did I miss any Dan?
Dan Mitchell
Dan is an important figure in 21st century economics because he utilizes the media and Internet to its fullest advantage. This allows access to important economic concepts to the average citizen that otherwise would be unavailable or distorted by politicians. The more people learn about economics and the destructive consequences of government interference in the economic activities of free men the more libertarian people become. There is little need for government other than to protect property rights, defend the nation and protect society from fraud and abuse.
Here is the link for the You Tube site featuring Dan and other CATO scholars.
Here is a link to Dan Mitchell’s personal web site. On this site more videos can be accessed.
Here is a link to the Center for Freedom and Prosperity.
And finally here is Dan’s CATO web site.
Did I miss any Dan?
Dan Mitchell
Dan is an important figure in 21st century economics because he utilizes the media and Internet to its fullest advantage. This allows access to important economic concepts to the average citizen that otherwise would be unavailable or distorted by politicians. The more people learn about economics and the destructive consequences of government interference in the economic activities of free men the more libertarian people become. There is little need for government other than to protect property rights, defend the nation and protect society from fraud and abuse.
Obama comes off as a Boorish Absent Minded Professor
The health care summit came and went last Thursday (2-25-10) without a blip in the polls either way for or against health care reform. The only surprise was more people thought the Republicans won and agreed with their ideas even though Obama hogged the air time 108 minutes to 56. The Times of London proclaimed “the summit was the equivalent of a bikini mud wrestling contest. You half expected the picture to shake as the camera operator struggled to compose himself.”
Professor Obama lecturing the peasants
As I watched the Republicans refer to Obama as President Obama and Obama return with replies to the senators on a first name basis it just reminded me of what an ethnocentric narcissist this man is. Where is Barbra Boxer “don’t call me ma’am” when you need her? It was another reminder of how the press covered for this affirmative action jackass during the election and still does.
For most Americans who watch the main stream media and John Stewart it was their first exposure to Republican ideas. And generally they liked what they heard. It was a chance for Republicans to get some basic ideas out there to the Democratic rank and file that have never heard of. Things like Health Savings Accounts and across state line health insurance sales. Quit shocking to the ignorant masses no doubt. It must have been just as unsettling for the masses to see the Hugo Chavez arrogance of Obama as he blabbered on for 7 ½ hours. Just like Hugo.
It scares the hell out of me that a dictator wanna be like Obama could become president. It shows that years of indoctrination and propaganda really do work. Without the internet the dictatorship may very well have succeeded. Fortunately we live in the information age and enough of the people realized this was coming and mobilized. Obama no matter how big his ego and his office cannot govern without the consent of the people. This is not 1934 and Obama is not Hitler. Hitler had the people behind him. Obama does not. He will fall.
Professor Obama lecturing the peasants
As I watched the Republicans refer to Obama as President Obama and Obama return with replies to the senators on a first name basis it just reminded me of what an ethnocentric narcissist this man is. Where is Barbra Boxer “don’t call me ma’am” when you need her? It was another reminder of how the press covered for this affirmative action jackass during the election and still does.
For most Americans who watch the main stream media and John Stewart it was their first exposure to Republican ideas. And generally they liked what they heard. It was a chance for Republicans to get some basic ideas out there to the Democratic rank and file that have never heard of. Things like Health Savings Accounts and across state line health insurance sales. Quit shocking to the ignorant masses no doubt. It must have been just as unsettling for the masses to see the Hugo Chavez arrogance of Obama as he blabbered on for 7 ½ hours. Just like Hugo.
It scares the hell out of me that a dictator wanna be like Obama could become president. It shows that years of indoctrination and propaganda really do work. Without the internet the dictatorship may very well have succeeded. Fortunately we live in the information age and enough of the people realized this was coming and mobilized. Obama no matter how big his ego and his office cannot govern without the consent of the people. This is not 1934 and Obama is not Hitler. Hitler had the people behind him. Obama does not. He will fall.
Arnold Schwarzenegger from Libertarian to Socialist
When did Schwarzenegger change from a fun loving free sex young adult to a true supporter of state control over the people? In his early years he went AWOL from the military and refused to conform to the strict catholic upbringing of his parents. He has reminisced about his free days of working out and having sex with whoever was available. He fondly recalls remembering Richard Nixon’s 1968 speech at the Republican National convention about freedom and liberty. So what happened?
Arnold Schwarzenegger
Also in his early childhood it is clear he had little or no feeling for his family with the exception of his mother. His father was abusive and his older brother was his parents’ favorite son. Depending on which version is told he did not attend his father’s funeral or his brothers when he passed in a car accident. Detached and self consumed he sought out stardom through weight lifting and acting.
And so the actor turned governor tried to save California like a movie star would do. He proposed four amendments to the California constitution that struck at the power the unions and special interest had over the state and budget.
The first would have required unions to get permission from individual union members to use union dues for political purposes. The unions won and the measure was defeated.
The second dealt with having judges draw district lines instead of gerrymandering. It was defeated.
The third dealt with the power the governor had over the budget. Allowing line item vetoes to get rid of pork and it was defeated.
The fourth increased the probationary period for teachers from two years to five years. The teachers unions won.
Some modest attempts at reform for the bankrupt state. All defeated. And so Schwarzenegger learned his lesson. If Californians thought they were invincible to the laws of finance and gravity he would not only accommodate them but speed up the process as the state went into financial chaos.
The lesson that needs to be learned is that if by the grace of God we elect politicians like Sarah Palin, Florida District 8 contender Todd Long, Connecticut Senate contender Peter Schiff we cannot wilt under the pressure the special interest will apply to them. They cannot stand alone and take all the fire while we sit back and watch. Arnold Schwarzenegger is the strongest man in the world but he is just one man. He lost his battle for the freedom and independence of California and its citizens. Sooner or later the federal bail outs will end. Sooner or later California will be a financial basket case absorbed by the federal government and we can all take one star off the American flag. Over the next decade we need to support financially, emotionally and at the polls politicians who support freedom and liberty or we will end up with a bunch of two faced Arnold Schwarzenegger’s.
Arnold Schwarzenegger
Also in his early childhood it is clear he had little or no feeling for his family with the exception of his mother. His father was abusive and his older brother was his parents’ favorite son. Depending on which version is told he did not attend his father’s funeral or his brothers when he passed in a car accident. Detached and self consumed he sought out stardom through weight lifting and acting.
And so the actor turned governor tried to save California like a movie star would do. He proposed four amendments to the California constitution that struck at the power the unions and special interest had over the state and budget.
The first would have required unions to get permission from individual union members to use union dues for political purposes. The unions won and the measure was defeated.
The second dealt with having judges draw district lines instead of gerrymandering. It was defeated.
The third dealt with the power the governor had over the budget. Allowing line item vetoes to get rid of pork and it was defeated.
The fourth increased the probationary period for teachers from two years to five years. The teachers unions won.
Some modest attempts at reform for the bankrupt state. All defeated. And so Schwarzenegger learned his lesson. If Californians thought they were invincible to the laws of finance and gravity he would not only accommodate them but speed up the process as the state went into financial chaos.
The lesson that needs to be learned is that if by the grace of God we elect politicians like Sarah Palin, Florida District 8 contender Todd Long, Connecticut Senate contender Peter Schiff we cannot wilt under the pressure the special interest will apply to them. They cannot stand alone and take all the fire while we sit back and watch. Arnold Schwarzenegger is the strongest man in the world but he is just one man. He lost his battle for the freedom and independence of California and its citizens. Sooner or later the federal bail outs will end. Sooner or later California will be a financial basket case absorbed by the federal government and we can all take one star off the American flag. Over the next decade we need to support financially, emotionally and at the polls politicians who support freedom and liberty or we will end up with a bunch of two faced Arnold Schwarzenegger’s.
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