(And the effort begins… “Obama’s Stocks“? A Bloomberg “business” story with no mention of Inflation due to the Quadrupling of the Money supply. Drudge led with this today… And I’m following up with a purposeful repost from 011513)
What you are about to see…
In a couple of years or less there will be news stories touting the flood of new Millionaires. It will be attributed to the Brilliance of the President’s Socialist economic policies which are Keynesian in nature.
This will happen.
But what will be left out is that a Million dollars will buy you a loaf of bread.
While that will hopefully be an exaggeration, the cost of basic necessities has almost doubled since the President took office and there appears to be no end in sight.
The general public has… I would say “no understanding” but that might be generous… a negative, or less than any, understand of the relationship between a dollar and a dollars buying power.
One must first understand that the only reason a “Million Dollars” means anything is because of what it can buy… not because it’s a big number. I possess a Zimbabwe 1-Trillion Dollar note. This does not make me rich. It has no buying power, so aside from its representation of what we as a country are headed for, it has no value. It’s worthless. And… it’s WAY more than a Million Dollars.
We need to be ready for all the stories about recovery using inflated dollars to substantiate them. I hear the presses being inked as I tap this out.
Considering the Left is willing to equate anyone trying to stop irresponsible spending and the subsequent destruction of the greatest nation on the planet to slavery… you know the stories are being written right now.
Because no one wants to read about economic collapse…
Get your wheel barrows ready… you might have to go to the store for bread.
But we’ll be Millionaires!
And the Left will take credit… unless we see it for what it is, then they’ll blame everyone else.
In a Bipartisan Move the House of Representative should deliver on Barack Obama’s promise of the Most Transparent Administration in History.
It’s Time for the House of Representatives to Go to the People.
Whatever Bill they come up with on this eve of coming face to face with the debt limit they should post it online for all to see.
I believe I can speak for all of us when I say “We will Read It”.
Then, when the Senate begins slicing and dicing it, adding poison pills and changing the language, they House should modify the online post to reflect the change is (while leaving the previous language crossed out) and who is responsible for it… real-time.
Allow the American People to see what is going on.
And, prevent genuinely horrible Socialists like Nancy Pelosi and Harry Reid from charging up to the podium and declaring the bill dead on arrival because is terrible for the country and the people advocating it are terrorists… when none of us know what’s in the bill.
Not only would it allow us to judge for ourselves if what’s in the bill is truly “terrorism” as the Progressives like to describe anything which is anti-socialist, but it would allow for far more interesting questions posed to the likes of Pelosi, Reid and the President after they are finished with their inflammatory rhetoric.
By golly, if I’m the Boston Strangler I want at least to know why. Now THAT would be some faith and good credit.
Of course The House would have to step around Peter King and John McCain… because that’s just not how things are done in their preferred type of government.
The Washington Post had an interesting article that should be mandatory reading. It’s a beautiful glimpse into the mind of Administrations and how they view the public.
The ‘Washington Monument’ sequester strategy
By Jonathan Bernstein, Published: February 19 at 4:59 pm
Does everyone know what a “Washington Monument” strategy is? We should expect to see government agencies employ that strategy against the sequester — because it works.
A Washington Monument strategy involves fighting against budget cuts by focusing, and if possible shifting cuts, to the most popular and visible services an agency provides — thus the Park Service would react to a budget cut by threatening to close the Washington Monument, figuring that disappointed tourists would flood their Member of Congress’s office complaining about it. As Stan Collender wrote recently, we may see reduced hours in national parks as a consequence of the sequester, if it goes through. Just now, it appears that the Pentagon is threatening to furlough 700,000 civilian employees.
What this means is that whatever the level of damage across-the-board would impose, we can expect the affected agencies will try to make the damage look as high as possible.
Now, there’s a natural balance to that; there are plenty of things that the government does that are extremely important but are barely visible; no one would notice if no one inspected meat for a week, unless something went wrong. Of course, part of the strategy also involves publicizing as much as possible anything that does go wrong, and blaming it on the sequester (whether, in fact, it really is a consequence of the sequester or not).
Politicians involved need to be aware of all of this, going in. There’s some evidence that some Republicans, however, aren’t fully aware of the situation; I’ve seen references to the small percentage of overall spending that will be cut if the sequester goes into effect on March 1. As Collender correctly notes, all too many Republicans entered the 1995-1996 shutdown showdown with a mistaken belief that polling showing public antipathy to “government spending” would be the best predictor of reaction to a shutdown. Instead, the better predictor was polling showing that the public loves most individual government programs — or perhaps the better predictor was just that those programs are important parts of everyday life for everyone, whatever their politics. Democrats, too, should be aware that defense cuts that may poll well might also produce real, and very visible, pain.
None of which means that Republicans (or Democrats) should necessarily cave. But politicians on both sides should go into this with eyes wide open. Spending cuts are unpopular and this round will be no different. At least, not if the agencies affected have anything to say about it. And they will.
I personally witnessed this During the Clinton Administration. Luckily I was aware of such tactics then as I am now. The Shutdown was necessary then… as it is now.
Keeping WWII Vet’s out of areas that are never guarded in the first place is not.
(As an aside, Spending Cuts are not unpopular unless you’re a politician. And, the “Monument Strategy” was crafted under Nixon for all the reasons above. Do Liberals really want to find common ground with Nixon? I guess so.)