Thursday, May 14, 2009

Obama’s ‘Creeping Socialism’ Goes Full Steam Ahead

Dick McDonald
http://www.familysecuritymatters.org/publications/id.3238/pub_detail.asp

We used to call it “creeping socialism.” Now it is better described as “raging Communism.” Barack Obama is not some timid FDR or Lyndon Johnson willing to slowly impose a collectivist state on a capitalist America – this guy is hell bent on changing America right now, from a country ruled by individuals to a country ruled by those who control big government under the guise of the “equality” principle. You know the equality principle – if Obama thinks it fair to redistribute your property to the less successful then he will make you equal by confiscating your property. You’ve heard of dumbing down a society – well, “raging communism” will not only dumb it down, it will strip the individual of all of his rights to resist except one – the right to watch Obama and his Marxists implode from overreach. The techniques these pre-communists have been using for 75 years is confiscation by creation of entitlements that redistribute money from the rich to the poor all justified under the “social justice” umbrella.

There is only one problem – these “equality pimps” are mathematically-challenged. They have made serious financial promises to the unwashed masses they can never pay. To date, those promises are short $55 trillion in funding. In other words, considering projected receipts and expenditures, these irresponsible pre-communists have promised $55 trillion more than they can ever reasonably hope to collect in taxes.

To fully comprehend the severity of the $55 trillion liability realize that it is 15 times greater than the $3.6 trillion 2009 budget and 30 times greater than 2009 tax receipts. The coming implosion will be loud and clear.

Compounding that long-term problem is Obama’s short-term raid on the treasury – a $1.8 trillion deficit in 2009 that you can bet your kid’s college fund will soon exceed $2.5 trillion. Obama has convinced the people that the change he will bring is going to make them individually rich even if he bankrupts the government and the business community in the process.

The fallacy that people will come to realize is that the pre-communists have already bankrupted not only entitlements such as Social Security and Medicare but the economy as a whole. You can’t expect a free people to bet on the future when the pre-communists have spent those future profits already with future “social justice” entitlements. The stock market is a weather vane for future profitability and it has rendered its verdict on the Obama nation.

To add insult to injury the New York Times tells more whoppers this week to assure their semi-conscious readers that the pre-communists are still ahead of the game. It infers that America won’t need to concern itself with Social Security and Medicare until 2017 or 2037 – that is when those programs “will run out of money.” Now how do you, as a conscious citizen, square the fact that there are no funds in the Social Security or Medicare Trust Funds and they have a $55 trillion unfunded debt as of May, 2009 with the “fact” that “we won’t run out of money”?

The simple fact is that these programs ran out of money decades ago. These programs are so upside down that only their replacement will ever right the American Ship. See www.riseupeconomy.com.

If you like fiction, read on. The Times has a fantasy to deliver on behalf of their pre-communist allies in both political parties. After reading this deception you will no doubt have a better understanding why the Tea Parties are gaining ground – the people want to fire their politicians and find some who will represent them and install a free investigative press that destroys the liars like the Times and Washington politicians.

Oh yeah, all the projections in the article linked above say the job creators are going to sit still while they are being raped – don’t believe it. It is going to get a whole hell of a lot worse than many think. Downward spirals have a momentum of their own.

A master stroke of public relations genius, combined with a political moxie garnered right out of Alinsky’s Rules for Radicals, has carried Obama this far. Once he is stripped of all his many masks, he will be discovered as just another totalitarian pig at the trough.

FamilySecurityMatters.org Contributing Editor Dick McDonald is a career financial analyst, accountant and champion of establishing Personal Accounts for American workers in place of the outmoded, inefficient Social Security program. Dick maintains a website at http://www.riseupwarrior.com/.

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