The news has been dominated by race based stories. It started with various liberal media hacks accusing the TEA party activists of racism and then ramped up with the NAACP demanding that the TEA party expel these racists from their midst. This transparent version of the old “have you stopped beating your wife” gotcha was followed by the Shirley Sherrod incident. The White House had her fired before Fox News even covered the story and then proceeded to blame Fox News. Right. The spin was that Sherrod had been taken out of context and that the end of the speech was about her awakening and realizing that helping that white farmer was the right thing to do-because he was poor. Message: it’s OK to be prejudiced against the wealthy. The first part of that speech delivered a message unchanged by the over-hyped “context” at the end. The NAACP audience gave vocal approval to her pre-transformation racist attitude. The NAACP is the organization fanning racist flames-not the mostly disorganized TEA party factions.
So the liberal tantrum continues. Can’t bring unemployment down by spending a trillion dollars of someone else’s money? Cry racism. They are attacking the TEA party movement people who are calling for the very simplest of solutions: Stop running up big debts and adhere to the constitution that provided a frame work for 200+ years of phenomenal prosperity. They have no response to common sense so they tried to ignore it. It grew bigger. Then liberal columnists like Eric Zorn and Clarence Page pretended they couldn’t understand the very simple message. Just like they have painted the GOP resistance to bigger spending, socialized health care and higher taxes as saying “no” without an alternative. I found the Zorn / Page approach hilarious as they portrayed themselves as clueless as to the biggest grass roots political movement in decades. They tried infiltrating the rallies with fake bigots. It didn’t work but they are now attempting to cash that phony check with false accusations of racism. This is really brazenly stupid. Obama, along with corrupt attorney General Eric Holder are playing the race card repeatedly from Holders speech calling us race cowards to the attack on the white beer summit cop to the dismissal of the black panther voter intimidation case.
Why is the left shouting racism? Because their policies are failing and Obama is flailing. The legislation that did get passed-Obamacare and Financial “reform”-are 2,000+ page monstrosities that do more harm than good and were passed against the will of the majority of Americans without bipartisan support. Scott Brown has quickly revealed himself as an Olympia Snowe / Susan Collins clone. These are useful idiots that give cover to Democrats at their worst times. This motivates the right and angers the center. The far left is angry because more idiotic harm has not been done yet, so the Democrats ponder using the lame duck session sure to materialize this fall as their chance to shove through a few last obscenities like “cap and trade” and the “card check” bill. Obama seems to be counting on us to just come to accept all this like a frog on the stove with the heat turned up.
Meanwhile the Democrats burnish their image as out-of-control spenders and shameless, corrupt hypocrites. They are trying to bury the Charlie Rangel case while John Kerry dodges taxes on his yacht. One of Obama’s first acts was to deprive poor kids in Washington D.C of the vouchers that allowed them to escape the broken public school system-while sending his kids to private schools. There is dissention in the ranks. Several Democrats now favor extending the “Bush Tax Cuts”. I curse the way that legislation was passed with sunset provisions. The debate should always be about tax RATES! The Democrats act like these are fat checks handed to rich folk when the truth is the big earners are paying the bulk of all income taxes and top rates combined with local taxes push many over the 50% level. If you think a government has a right to seize more than half your earnings then please read no further.
There are many silver linings in this extended financial crisis, none more important than the further discrediting of Keynesian economic theory. Rich Lowry of National Review puts it this way, “For much of the president’s party, though, Keynesianism is merely a justification for what they want to do anyway: spend as much money as possible, raise taxes, increase regulation, grow entitlements, and subsidize favored industries.” LINK
Keynes would be objecting to the hijacking of his theory. He argued that during a downturn it would be harmful to drastically cut government spending. But he also made it clear that during the next boom the deficit should be dealt with and the budget returned to balance. This is not what Democrats do. It is bigger deficits always and spending is never cut. When Paul Krugman argues that the so called “stimulus” just wasn’t big enough he exposes himself as a buffoon and the Nobel Prize as a left wing propaganda tool.
Read about myths of the Great Depression here: LINK
Keynes theories were put to the test during the FDR era and are now assumed to have deepened a typical recession into a depression. High spending and big tax increases kept unemployment in double digits for an unnecessary decade as FDR broke tradition going back to George Washington and ran for office, and won, four times. Thankfully we do have one term limit, for President. Obama looks to be a one-termer anyway.
The funny thing to me is that Obama’s election signaled that America was ready to embrace their first Black President. Many voted strictly for that reason. Now that they have assuaged their racial guilt they are looking deeper to see that they have elected a radical leftist with a racial chip on his shoulder. I look forward to the day when we elect our first black President with some common sense and economic understanding. The Democrat party is deeply wounded, exposed as more socialist than many traditional Democrats are comfortable with. The GOP has a golden opportunity-but only if they heed the message of the TEA parties and return to the basics of our Constitution and free market capitalism. It seems that only Chris Christie of New Jersey gets it and his poll numbers are super strong. The Republican party needs to adopt his model. Toss out Michael Steele and get someone to raise money with that message.
Bill Kristol sums it up eloquently here, “Now we are entering a period of consequences. To restore the idea and practices of limited, energetic self-government will require more than half-measures.” LIN