Wednesday, July 7, 2010

"progressivism" in the 21st century


"Progressivism has progressed; now the President can take over the auto industry, hiring and firing executives and handing the leftovers to the unions while refusing to pay bondholders what they are owed; he can force Congress to hand him the entire field of medical care plus the student loan industry. He can run up or back off wars almost at will and his regulators decide much that citizens are allowed or denied.

He can't spend the country rich; there is no money, only debt, but he spends anyway. Bernard Madoff lied, spent peoples' money and went to jail; the President says we are recovering by spending taxpayers' money and is a savior. The economy, not knowing to do what he tells it, pays no attention and sinks.

No politician will stop the wild ride to sort out the finances; the pain from immediate greater unemployment will cost him election. He will keep his job while awaiting ultimate collapse and much greater but later pain. The democratic process rewards him for corruption and punishes him for honesty.

Freedom and government are contradictory. Democratic processes have favored the growth of government power in U.S. history; individual freedom has diminished. Unless a lot of voters disagree, that looks like the way which will prevail."

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