We're borrowing money from China to build the road to serfdom.
Showing how socialism begets more socialism, the US intends to buy equity stakes in healthy banks. We're well past the camel sticking its nose in our tent. The camel is taking a dump in our tent. As always, this socialism will create new and worse problems in the future that government aristocrats will tell us demand yet more socialism. Unless voters change our government and throw out the 500 or more socialists in office and the 2 parties with them, this destructive spiral of socialism will destroy America just as Hayek described in the Road to Serfdom.
Corporations love socialism. They love transferring their losses to taxpayers. They love having government protect them from competition. Who wouldn't? As a result of government's latest socialist plan, the Dow has surged over 950 points today. What government has told big investors is that, no matter how bad their investments, no matter how risky, no matter how irresponsible, the government will always borrow more money from China at taxpayer expense to insure they don't have to suffer the consequences of their irresponsible actions. This is devastating for America. Asian stocks rebound too.
All the spurious rumors about Obama are backfiring on McCain. This is McCain's fault. Because McCain ignored the real danger of Obama, his radical Marxism, his lifelong partnerships with radical allies, his corruption in the Chicago political machine, and the possibility he's a running an illegal campaign because he's not an American citizen, the other bogus rumors are spinning out of control. It's funny how the press makes a federal issue about a few angry Republicans while completely ignoring the outrageous hatred flowing from the left.
Anybody who has pointed out that Obama wins more votes because he's black than he loses has been called a racist during this campaign. I guess Gallop will be called racist next because their poll showed that 6% of Americans are less likely to vote for Obama because of race but 9% are more likely to vote for him because of race. So there you have it. America is more reverse racist than racist. The 85% of us who don't give a damn about race take abuse from both sides.
Here's a picture of Barack Obama, who is trying to distance himself from his career-long partners, ACORN, at an ACORN meeting.
Video of Barack Obama inviting ACORN and other radical community organization groups into his administration to set the agenda for an Obama presidency. This is the same ACORN that Obama is now trying to distance himself from. Here's a picture of Barack Obama at an ACORN meeting.
Now liberals have faked SAT scores for Sarah Palin in their latest attempt to smear her.
Democrat Congresswoman Maxine Waters lies about receiving campaign contributions from Fannie Mae and Freddie Mac, the GSEs which she fought against regulating.
Boise gets earliest snow on record. Funny how the global warming fraud has disappeared from discussion since the economy tanked, but the plans supported by Al Gore's true believers would make the economy tank. Have you noticed that people love to make proposals and support policies that make the economy tank, but once it tanks in response, those same people never take any blame?
Christopher Hitchens explains how US inflation and the bailout proves that the US is a banana republic. I don't agree about the regulation, but I agree with the conclusion. We live in a kleptocracy run by aristocrats for aristocrats at the expense of the people. We are a banana republic, we have been since Clinton, and we're just getting to be a worse and worse one every election when we re-elect the same 2 parties which turned America into a banana republic.
Bill Krystol calls the ineptness of the McCain campaign "campaign malpractice". I agree. He's run the most ineffective campaign in many years.
This blogger has done a pretty thorough job of analyzing the mystery of Barack Obama's birth. Very interesting that she notes that as a child in Indonesia, Obama was registered (registered?) as a Muslim. It's probably just some formality over there, but so much for Obama's claims he's been a Christian his whole life. If this girl is right, every liberal who has attacked a conservative over their believe that Obama is a Muslim owes the conservative an apology. Whatever Obama is hiding, I hope that judge has the guts to get to the bottom of it before the election.
This Australian liberal recognizes that the credit crisis bailout we just saw is a harbinger of far more destructive social upheavals in the near future.
Monday, October 13, 2008
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