Saturday, December 1, 2012

Our Leaders Are Incompetent

Does anybody wonder why we always seem to be in financial trouble, among other kinds of trouble? Why we seem to be always faced with “panic mode” decisions at the last minute? Such as the “financial cliff dog-and-pony show” Washington is putting on right now? It’s because our “leaders” are “infected” with the “collectivist bug.” They seem to think the way to solve all out problems is to “redistribute wealth.”  We’re in a damn serious financial mess now because of the liberals “fiddling around” with our economy, since, but not starting with, the Community Reinvestment Act of 1976 which FORCED lenders to loan money to people who could not afford to pay it back, one of the biggest non-government “redistribution” of the wealth of EARNERS to NON-EARNERS in recent memory. It was a law that was BOUND to cause an economic implosion sooner or later.

They started Fannie Mae and Freddie Mac to “buy up” all those “poisonous mortgages” to “keep the lid on” until they needed to “let it loose” to win an election. That time came just before the 2008 presidential election. They (liberals in our government) “shut down” Fannie and Freddie for a while, taking the lid off the effects of that law and cause lots of foreclosures just in time to blame the Republicans for the economic crash that ensued. It worked. Obama and his “gang of thieves” were elected in a “bloodless coup” and have set out to make this country into a “socialist republic.” But they went too far and lost control of it. So they “re-instituted” Fannie and Freddie in hopes of putting the lid back on, with as much money as they would ever need, coming form the taxpayer. THAT didn't work and we're STILL in the recession they created, and which they insist is over. “Throughout all of this mess, for some reason, liberals have latched on to the belief that income redistribution is the key to U.S. economic success.

“It seems that if the underclass makes more and the upper class makes less our economy will flourish at historic levels and, like manna from heaven, money will just fall from the sky. Our fiscal problems will vanish.” But that’s WRONG, and shows their INCOMPETENCE clearly to those of us who pay attention to what politicians do. Now they’re merrily spending more money than there IS while giving “handouts” to everyone they think can help keep them in power. The problem here is “income redistribution,” a collectivist (socialist) notion that will eventually GUARANTEE our economic demise and cause us to sink into collectivism. This is not a problem to us, alone. Politicians all over the world are similarly pushing collectivism and, predictably, their citizens are suffering the consequences. Greece, for example, is completely broke, as are many other European countries that are PRACTICING collectivism (socialism, communism, Fascism, Progressivism, which is communism under another name). (Last Resistance)

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