Smart Power: Bankrupting the United States

By Caomhin

I know that “Smart Power” is the term of choice for the Obama Administration’s foreign relations but we know how that is going, what with giving Iran all the time they need to fully develop their nuclear weapons program, that moronic “reset button” that was misspelled and given to the Russians, and a whole host of other stumbles.  Smart Power is also what VP Biden calls his Flintstone vitamins, which allows him to do such things as talk smack on Obama’s dog, reveal secret bunker locations, and drop this gem at a commencement speech at Wake Forest:

I believe so strongly, as you may recall when I was here in October, not in you particularly but your generation, that I don’t have a single doubt in my mind we’re on the cusp not only of a new century but a new day for this country and the world.

I’m sure the graduates at Wake Forest appreciate the fact that he doesn’t necessarily believe in them, but some people, somewhere.  Also, I’d like to remind Joe that we’ve been well into a new century for a few years now.

Let me, move, however, to my main point.  After all that trash talking on the Tea Party movement, and grassroots efforts to point out the obvious, that flooding the market with dollars, endlessly running the printing presses at the Fed, passing unfathomably large spending bills, bailouts, and so forth, Obama finally admitted that we’re out of money.  So I suppose when the media presents this, they’ll hail Obama’s honesty while they denigrated all those who warned of the dire consequences of Government spending run amok and the ill effects of such foolish policies.  We scorned when we did so, and we here at To Our Republic in particular, have voiced strong concerns over the coming hyperinflation, which still has yet to be properly spoken about in the media as more devastating and an unseen tax that will punish American citizens of low and middle incomes.

Indeed, even as Obama admits we are out of money, he is ramping up spending, on levels never before seen, to push through socialized medicine, a devastating cap and trade policy, and many more spending initiatives.  You’ll recall he said he would lower taxes for 95% of Americans, but if you believe that, than you’re living in a fantasy world.  Perhaps he means for an extremely short fixed period of time, because you need to understand his words, they’re ramping up for a major tax increase aimed at all Americans, and he will present this to the people as Vice President Elmer Fudd said, as being “patriotic.”  Liberals simply cannot help themselves, and their warped view of reality is quite frightening.   Remember how Liberals howled about Bush’s budget deficits (as did many fiscal conservatives did, albeit we did it as a matter of principle, Liberals did this a matter of politics) which exceeded $400 billion.  Keep that in mind as you read this:

The deficit for the current budget year will rise by $89 billion to above $1.8 trillion — about four times the record set just last year. The unprecedented red ink flows from the deep recession, the Wall St. bailout, the cost of President Barack Obama’s economic stimulus bill, as well as a structural imbalance between what the government spends and what it takes in.

Worrisome indeed. Consider also, we stand on the edge of losing our AAA credit rating as a nation due to the Liberal policies being embarked upon in this nation.  I remember speaking to Marissa after the 2006 elections which saw the Democrats take over Congress, and saying, “How bad can they possibly make things in two or three years?”  Well, I now have my answer, and I realize my own short sightedness.  All we can do now is work vigilantly to warn against policies that will put America on course to economic ruin and to remind people of what the great Milton Friedman so eloquently presented, and which is undeniably true, that economic and political freedom are interlinked and equally dependant upon each other.  We can not lose one and have the other, and that is why we will never fail to raise our voices and to fight for our causes.

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