I have had a pretty strange few days. From taking time off to visit with my family to being a bit "under the weather" with some type of flu; I have had some time to reflect on the various events during the last week or so. I am actually much fascinated by what has happened in the US and world events. Indeed, I am not just fascinated, I am actually intellectual intrigued with what is happening, and believe that events are moving far too fast for the President. In the long run, I predict he will lose control.
Admittedly, I am quite unhappy with what Barack Obama has been doing, and I have expressed those views on many occasions in this Blog. But, that said, I am also intrigued by the leadership issues that the country, and Barack Obama seem to be facing. These issues are huge, deep and broad, and they are having a significant impact on our country and on the President.
We have a President, who has come to the conclusion that winning an election gives him the mandate for "change." He promised that in his campaign, and he believes he is obligated to deliver. He is emboldened by the fact that the Democrats in Congress, who probably are not as radical as the President, but are almost as "left wing liberal" in their thinking.
What I mean by "left wing liberal" is that they all fundamentally believe that big government is the only way that justice can be achieved in the society. They believe that they, will always have better answers than the public and the market. They are intellectual elites, who masquerade as being "of the people." They want a welfare state for two critical reasons: 1) because they believe that they can help the less fortunate, and only they can do it, and 2) because by having the welfare state, they can control the "masses" and the way the masses vote.
President Barack Obama believes that his mandate must be achieved, or he will be at risk, and I actually agree with that. He rode to office on a wave of populism financed by wealthy "do gooders" and small contributions from the "masses" who believe that he will solve all their economic problems by "taxing the rich." Wealth transfer is what his entire program is all about. He truly does intend to "redistribute wealth" and every, yes every society that has attempted to do that has killed economic growth; stopped individual initiative, and driven wealth from the society. AND...every one of those societies has taken away most individual liberties.
This is the leadership issue facing Obama, and facing the country. Obama will only be a second term President if he delivers on his promises to the masses who voted with their hearts. Yet, the true dilemma for him is that he is also about to create an economic nightmare, which I am convinced will lead to rampant "stagnation in growth" and inflation in prices. That was called "stagflation" and I believe it is inevitable. In addition, I am convinced that this economic scenario will also create huge monetary system problems for the US when the other countries decide that the dollar is so devalued that they do not want to "hold dollar denominated debt." Once that happens, the dominant role of the US economy will evaporate, and our leadership as an economic power will take us down the road of Europe.
Conservatives, no liberty loving Americans, who believe in the core principles of liberty, equality, Justice and the capitalistic system, must not allow these radical, "trans-formative" progressives take us down the "Road to Serfdom."
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