Fisking Obama

Barack Obama has written an Op-Ed for the Washington Post in order to gin up the public's anxiety and grease the skids for his $1 trillion taxpayer funded power grab and payback to his leftist base.

But since he's presumably making his best case for the crap sandwich called "stimulus" he wants us to eat, lets look at his argument:

"By now, it's clear to everyone that we have inherited an economic crisis as deep and dire as any since the days of the Great Depression."

No it's not. I guess you were so wrapped up in yourself during the Carter years of the 70's, that you forget the double-digit unemployment and inflation along with 20%+ interest rates. Truth be told - you're lying and you know it.

"And if nothing is done, this recession might linger for years. Our economy will lose 5 million more jobs. Unemployment will approach double digits. Our nation will sink deeper into a crisis that, at some point, we may not be able to reverse. "

In a word: Bullshit. There have been dozens of recessions in the history of this country and on average they have lasted between 10 and 11 months - without the gargantuan and unprecedented spending you propose. As a matter of fact, the Great Depression was not only the longest (10+ years) prior to this one, but involved the most government spending, taxation and meddling in private markets - until now. Your irresponsible package is bigger than that and WWI, WWII, The Korean and Vietnam wars, The Marshall Plan and Louisiana Purchase combined in current dollars.

Most of the shortest recessions involved little or no government action. What really prolongs recessions is the paralyzing uncertainty that comes with wondering what hare-brained schemes economic illiterates like you will come up with next.

"That's why I feel such a sense of urgency about the recovery plan before Congress. With it, we will create or save more than 3 million jobs over the next two years, provide immediate tax relief to 95 percent of American workers, ignite spending by businesses and consumers alike, and take steps to strengthen our country for years to come."

Create or save 3 million jobs? Not only is that a bunch of crystal ball GIGO nonsense, it's a deliberately unprovable number. How exactly do you quantify jobs saved or even attribute jobs created to government spending anyway?

"This plan is more than a prescription for short-term spending -- it's a strategy for America's long-term growth and opportunity in areas such as renewable energy, health care and education. And it's a strategy that will be implemented with unprecedented transparency and accountability, so Americans know where their tax dollars are going and how they are being spent."

Has it ever occurred to you that those three industries are not only the most screwed up but are beset with the most government interference? Does that mean something, anything to you?

"In recent days, there have been misguided criticisms of this plan that echo the failed theories that helped lead us into this crisis -- the notion that tax cuts alone will solve all our problems ..."

Who said tax cuts will solve all of our problems? No one, that's who. But tax cuts and less heavy-handed government policies have shown to be a major catalyst of economic growth. That's provable fact, not theory. See: Ireland, Eastern Europe, Calvin Coolidge, JFK, Ronald Reagan and G.W. Bush.

It's also provable fact that what you propose is failed theory. Central planning by arrogant braniacs who've never made a payroll in their lives has produced sclerotic economies, prolonged recessions and destroyed liberty. See: Europe, 1990's Japan, 1930's and 1970's U.S., The USSR etc, etc.

And please stop repeating the absolute garbage that tax cuts got us into this mess. They got us out of the last recession. What got us into this mess was a corrupt government using the financial system for political purposes by forcing lenders to loan trillions to people were completely unqualified and undeserving. And then we the taxpayers were put on the hook as co-signers of the mess you and cohorts (ACORN, Jimmy Carter, Bill Clinton, Barney Frank, Chris Dodd et al) created.

The U.S. Government set the ball rolling for the collapse of the world's financial system. Period. And you want us to trust the same morons to fix it. You must think we're all as stupid as the people who voted for you.

I reject these theories, and so did the American people when they went to the polls in November and voted resoundingly for change.

Yeah, we know you reject the free markets and individual liberty that have made America the greatest economic engine in world history. They are a threat to your power and your Utopian socialist fantasies. News Flash: Only some of the American people voted for your "change". 50 million of voters rejected your Anti-American philosophy in favor of a guy a lot of his supporters never really liked to begin with. That should tell you something.

In short, you don't have the mandate you think you do; despite the press clippings from your sycophants in the media. Their knee pads are starting to wear thin as is your "I won, screw you" arrogance. Keep up the stubborn and hysterical grandstanding for your socialist/fascist/corporatist policies if you like. But remember that you and your party own it now.