Sunday, January 31, 2010


Over at The Brussels Journal, the elusive contributor Takuan Seiyo (a pseudonym) is up to his 14th installment in the breathtaking "From Meccania to Atlantis" series, but before I link to that one, I'd like to call your attention (overdue, admitted) to the previous one, which appeared more than one month ago, on December 18, 2009. For some reason I never found an adequate opportunity to refer to it earlier.

Here it is. This man deserves a readership of tens of millions.

The Left’s strategy has not changed much since the 1930s. They push government spending ever higher, and then define budget deficits as the problem. When fiscal conservatives point out that the overspending causes the deficits, the Left labels that as extremist, supporting slavery and homicidal. When in power, the Left ratchets up the spending on its clients and picks the pockets of the productive citizens out of a faked concern for the “deficit gap.”

The one rule is that expenditures are never reduced, except as a strategic ploy. If an emergency forces a reduction, what’s reduced is the police, the garbage pick-up, the libraries, but never the budget-busting public workers’ pension programs, or the legions of $150,000-a-year deputies of bureaucrat deputies, hired and retained through thick and thin to fulfill the Holy Grail of Body Snatcher creed: “balance” between competent straight white males and quadriplegic black Muslim lesbians.

But there comes a time when the spending is no longer an exercise in cynical egotism or delusional ‘social justice,’ but a deliberate battering ram with which to fell a nation and steal its future. There is no precedent in history to the reckless magnitude and speed of the Obama–Pelosi regime’s spending. It’s impossible to capture concisely all the details of the confetti curtain of $100 bills streaming day and night from ten million Bernanke helicopters, but a few mileposts are worth mentioning:

The Senate of the most indebted nation in history, a country staggering under mountains of debt that it has no viable way of repaying, continues to pass Titanic spending bills that just in the first nine months of 2009 included:

$350 billion Wall Street bailout extension

$787 billion “stimulus” package

$400 billion, earmark-infested omnibus spending bill

$6 billion to federalize charities and pay volunteers

$109 billion loan to the International Monetary Fund

$3 billion for “Cash for Clunkers”

$400 million in corporate welfare to the tourism industry

$4 billion bailout of the Postal Service

In what the New York Post called “a stimulus without the stim", the federal government has spent a half-billion dollars on ten large government stimulus contracts in New York City and Long Island that created 54 jobs. That comes to $9 million per job.

Overall, the government has spent $246,436 per each of the 640,329 jobs it claims to have saved or created so far. That's a pretty costly stimulus, a government Ponzi scheme of printing money and so robbing those who hold previously printed money, then flinging the new money about in order to cover up the sorry effects of the government’s own prior malfeasance and stupidity.

Each buyer of the 690,000 vehicles that were sold during the “Cash for Clunkers program” (gov. propaganda here) received a government subsidy of $3,500 - $4,500, at a total cost to the taxpayer of $3 billion. But since the majority of these beneficiaries would have bought their cars anyway, the 125,000 who were actually induced by the government to buy cost the taxpayer $24,000 each.

Fraud in the “$8000 ‘stimulus’ to each new home buyer” program is currently assessed at $500 million. Thousands of such $8,000 tax credits have been issued to illegal aliens, children, and people who had not bought a house – the latter including at least 53 IRS [Income Tax Bureau] employees. That’s what happens when a government rather than the free market mechanism dispenses money.

Obama has announced a plan to send 78 million American seniors a check for $250 each. That’s a paltry 19.5 billion dollars. In Detroit, thousands line up for “Obama money,” that they believe is a personal gift from The One. In Tampa Bay, millions are wasted to subsidize beauty school tuition for beauticians for whom there are no jobs. Maybe that’s the ultimate Monkey Business haircut.

As if this weren’t enough, the lunatics in the House of Representatives write a 2000+ page bill that nobody has read and pass it at 23:00 on a Saturday night. They propose to spend another $1.2 trillion on health care for the 12.5% of Mexico’s population (3) that prefers free American doctors, in a reform that would actually worsen everything that’s already bad in the American healthcare system (4), explode U.S. debt, increases taxes, and kill jobs. Two Saturdays later, the Senate gives its stamp of approval, in a wheeling-dealing process that involves buying one senator’s vote with a $300 million bribe to Louisiana, twenty times the amount of the original Louisiana Purchase.

I have only one advice for Americans. Get rid of this Fraud and his cronies ASAP. They are destroying your country. But do it in a legal way, of course. Make it a Victory not only of Democracy but also for the commonest of common sense.


No comments: