Excerpted from Matthias Reynolds, "Welcome to
Thunderdome"
American Thinker
March 10, 2009 |
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| Why
would capitalists react favorably to the president's plans? |
| Why
would they participate in a radical restructuring of the society
that afforded them the chance to prosper? |
| Why
would they be accessories to free-market homicide? |
| The
president's assault on capitalism is being waged with the
organization and intensity of a counter-insurgency. It is being
waged in Robert Gibbs' press conferences when he publicly decries
individuals, like CNBC's Rick Santelli, who advocate resistance to
government subsidization of people's mortgages, an action Larry
Kudlow described as
Nixonesque. It is being waged in President Obama's recovery act
that calls for an additional 600,000 government jobs, an
unprecedented expansions of the State. The assault is taking place
in the media when stories focus on golden parachutes and the inner
workings of private companies in which we would have never have had
a stake in had President Obama - and President Bush before him - not
forced us down the path of Socialism. It is being waged when the
current president passes a Recovery and Reinvestment Act that is
filled to the brim with the pork he promised to eliminate. It is
waged when, like a wolf in sheep's clothing, President Obama
masquerades as a nuanced unifier devoid of petty ideological
pretensions. |
| But
capitalism knows better. As the markets continue to tumble, it
becomes clear that the only way to defang the administration's
statist desire is to count on their continued failure. The
free-market system can see the cliff approaching, and it isn't
blinking; it has decided to assert itself and show the president
that all his charm and vacuous platitudes play no bearing on the
math of the crisis we're in. Our path is simply un-maintainable.
In response to the president's reckless plans, the market continues
to plunge itself further into the abyss. And why should it stop?
What do we have to look forward to if the president is not stopped
by economic reality? |
| America
has been successful because of capitalism, because of the actions of
people like Ronald Reagan who, in the face of a recession worse than
this, chose to cut taxes across the board creating 16 million jobs
over the course of 7 years. The crisis we're in now was caused by
excessive government intervention in the housing market to begin
with - government is the problem, not the solution. But what do you
expect from a community organizer who made a living promoting the
culture of victimhood and decrying the flaws of capitalism.
President Obama's past work experience certainly explains his
cabinet and its lack of CEOs. According to
Politico, "There are no former CEOs in the Obama Cabinet,
and among the people who make up his daily inner circle, there is
only a dollop or two of top-level private sector experience". |
| No one
in the present administration has run a business and it's painfully
obvious. How else could the president possibly think he can spend
the amount he's proposed, cut taxes, and slash the budget in half by
2012? It's absurd. One thing that the Obama administration can
count on is if capitalism is to be destroyed, it will take the
present administration down with it. |
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