President Obama is expected to sign into law the American Recovery and Reinvestment Act Generational Theft Act of 2009 today in Denver. It is most unfortunate that this act, while it may only stimulate the U.S. economy to a real uncertain degree, would consign your children and grandchildren to the life of being third-world serfs for an elitist, technocratic and totalitarian America. In my opinion, it could be a giant set-up to render obsolete the U.S. Constitution and dissolve the United States of America for all we know, but I digress.
Are DeafReaders and Deaf/deaf bloggers who voted for Obama looking forward to that with excitement or apprehension?
You know, even most economists pointed out that FDR’s New Deal stimulus spending did not really pull America out of the Great Depression but rather made it worse before 1940. It took a World War and the lives of millions to pull America and the world out of it. With that in mind, are we heading toward for a catastrophic event or another world war in a similar fashion after the Great Crash of 2008? I don’t know but some signs may point toward it, all depending on how Obama is doing so far as President of the USA. His recent decisions and policies may be already portending some unfortunate disasters to come.
This stimulus spending act is a giant social progressive package that would only prolong the recession, expand the powers of the federal bureaucracy over the U.S. economy, dictating what’s good and what’s not, undercut market competition and keep more people unemployed for the duration until the mid-term election of 2010. Recently, Pres. Obama told the crowd gathered at the Caterpillar Plant in Peoria, Illinois last week:
“We’ve gotta spend some money now to pull us out of this recession. But as soon as we’re out of this recession we’ve gotta get serious about living within our means instead of leaving debt for our children and grandchildren and our great-grandchildren. That’s not the responsible way. That’s not how folks here in Peoria operate in their own lives and they should expect the government is equally responsible.”
What the hell?! He just gave us the preview that his administration is all about dictating your way of life according to the government’s say-so, not yours! Another sign that you all are about to be low-income serfs living below such means on only government terms and because your elitist “Dear Leader” says so!
You will see the shattering toll of us Americans paying $3.27 trillion in taxes for the next 10 years in this chart below (hat-tip to Mike, Gateway):
Worse, Deaf bloggers who supported Obama are either absolutely clueless or just drinking too much Kool Aid, not willing to acknowledge the enormous deficit Obama/Democrats’ stimulus package will generate over the time. When Bush was President, all they did was bitching how Bush was going to deepen the deficit while the war was on, exceeding that of Reagan-years deficit but failed to consider the after-effects of tax cuts which actually helped lessening the deficit in Bush’s final years, at least until September 2008.
Sheesh. 
If you wanted a real preview of what is to come in Obama’s America, you can look at what has happened to Venezuela under Hugo Chavez so far. The man has recently been given a forced electoral mandate to make himself el President-Dictator for life. Bye bye to Venezuela’s democracy and liberties.
02/17/2009 at 11:35 PM
You can literally hear the crickets chirp…..!
Either they don’t care or do not even have the capacity to understand.
02/17/2009 at 11:58 PM
Maybe they secretly wanted to be brainless kiddie-serfs to Big Mommy-Daddy Government?
02/18/2009 at 11:38 PM
LOL
Well, that’s quite interesting. One could argue that George W Bush wasn’t quite doing his job or rather the congress under GWB. And, as a result, the Americans got fed up and voted for Obama. Now..if GWB had done his job, Americans wouldn’t have had to vote for Obama. Nevermind that McCain isn’t GWB, alas, the Americans didn’t see it that way.
02/19/2009 at 12:53 AM
I agreed. Bush should have done a little more harder to press Congress to cede to his demands to address the growing financial problems with the US economy as early as 2007 just as while the Democrats have been stonewalling him ever since.
02/22/2009 at 8:14 PM
Bush had warned, repeatedly, to Congress, to the Senate Finance Committee with Raines, Dodd, and Frank (all Democrats) about the impending crisis with Fannie Mae and Freddie Mac on the need for better oversight, regulation and accountability. He repeated warned them every year since 2002. This was the lynchpin that caused the dominos to fall.
Secondly, the Community Re-investment Act made things nearly impossible to prevent the collapse of the economy since Clinton signed back during the 90s on the CRA to include variable interest mortgage rates (not fixed but variable known as ARM) made available to low income families and under the threat of govt lawsuit against banks who do not make these unsound and risky loans to low income families. What happened was the accumulation of over a trillion dollars worth of “toxic asset” by absorbing foreclosed homes. This buying up of foreclosed homes accelerated over the last several years. How does Fannie Mae and Freddie Mac recoup and make a profit from re-selling foreclosed homes? They didn’t. They cooked the books. The Bush administration knew something wasn’t right and warned, again, repeatedly to those at the Senate Finance Committee over the last several years. They ignored Bush saying in 2003 and 2005 (Barney Frank) that there was no looming financial crisis.
Remember that folks. Bush can only do so much when Congress won’t lift a finger.