Lethal Thought

Excited about Obama's national security team are you? His picks are being hailed as proof that Obama is going to walk a centrist line (even by some conservative radio hosts who should know better), but the truth is a leopard can not change his spots. Obama is a leftist and like all leftists he hates our military and he dreams of taking money away from protecting this nation to fund his lofty, utopian social schemes. As this piece accurately points out, some of these re-treads may be more hawkish than Obama but,

"...all three of his choices - Senator Hillary Rodham Clinton as old rival turned secretary of state; General James Jones, the former NATO commander to be the national security adviser; and Robert Gates, the current and future defense secretary - were selected in large part because they have embraced a sweeping shift of resources in the national security arena.

The shift in resources, which would come partly out of the military's huge budget, would create a greatly expanded corps of diplomats and aid workers that, in the vision of the incoming Obama administration, would be engaged in projects around the world aimed at preventing conflicts and rebuilding failed states."

The give away, of course, is the following which correctly points out how those of us on the right with a clearer perception of just what is going on and just who and what Obama is will go after him with a vengeance. His advisers said,

"...they were already bracing themselves for the charge from the right that he was investing in social work rather than counterterrorism..."

Yeah, you but ya we are going to go after Obama if he seriously intends to dismantle this nation's security capabilities in the name of some "Great New Deal."

The recent events in India should give everybody pause at what Obama is planning here. A leftist is always a leftist...

The euro-winnies are cooking up yet another utopian faustian bargain which, if it succeeds, will hamper economic development and devastate the Third World for next 100 years at least. These geniuses are actually considering setting up a world court which would enforce international agreements on cutting greenhouse gas emissions.

An organization like this, if given real powers to enforce its loony pronouncements, would concentrate political power in the hands of these international socialists the likes of which have never been seen.

Let's see how our new President will react to this. Does he hold American citizenship in such contempt as to actually give in to something as monstrous as this or will he defend our American distinctiveness.

What do you think...

So Obama tells us he wants to "create" 2.5 million jobs during his first two years as President. The way the media has been talking this up you would think this socialist had just discovered the elixir of life! Why is this such a big deal, why is this something that we should all celebrate as a magnificent goal by this new leftist administration?

To start with, as the graph above shows (data from BLS), average yearly job creation since 1980 has average about 1,370,525 per year or about 2,741,050 every two years. The labor market, all by itself, before Obama was even known in Chicago was creating more jobs than the golden boy now proclaims to do in the next two years!

Secondly, most of these jobs will, no doubt, be government jobs which means they will be temporary and they will be finance by tax revenue which, if left in the hands of all the Joe the Plumbers out there, would generate even more jobs because a government can never outperform the free market when it comes to job creation.

If Obama succeeds at this, he will be able to create these jobs only by sapping resources from the free market and thereby eliminating the many more jobs that would have been created if he had just kept his dirty socialist hands out of it!

But see, these would be the jobs you don't see, but as has been pointed out by great economists for many years now, what is unseen in the economic universe is routinely more significant and powerful than what is plainly seen--like fake, make-work government jobs.

So unless Obama is going to somehow "create" 2.5 million more jobs on top of what the job market has been doing all by itself at least since the 1980s, there is nothing here to celebrate about Obama's big plans.

As always with leftist government policies, its just all smoke and mirrors.

When you hear even Greenspan starts to loose faith one can only wonder if indeed capitalism is dead. The left, of course, would like nothing more than to successfully proliferate this notion among the masses. The left has always taken advantages of this kind of market disruption ever since the Great Depression.

The irony, and again since the Great Depression, is that if the truth be told, these market disruptions have as their point of origin leftist, socialist policies which wreck havoc with market forces and create economic chaos. The left, like the hyenas they are, love and thrive in chaos because it is at such times that the masses are more likely to react emotionally rather than rationally. And this is precisely what the Obama administration plans to do as stated in no uncertain terms by Obama's new chief of staff Rahm Emanuel.

What you never seem to hear, however, is just how much of this can economic debacle can be laid directly at the feet of the government. From forcing banks to make loans to people who could never afford them, to passing asinine environmental laws which has hampered our auto industry, to propping up quasi government institutions such as Fannie Mae and Freddie Mac the government is the direct source for the economic meltdown we find ourselves in today.

So this is not a failure of the free market, deregulation or capitalism per se. No, this is the grand failure of government intervention in the market economic and crony capitalism. Until we can rid ourselves of crony capitalism which is like rocket fuel to government intervention in the free market we will always find ourselves in these types of economic nightmares.

See, everyone but you and I, the forgotten men, profits from this. The corporate elites in bed with government bureaucrats make out like bandits and the leftist have a powerful tool the strengthen their hold on the reins of government and expand the reach of government into ever deeper crannies of our personal and private lives.

Meanwhile, as you can see above, we continue to flood the world with dollars in the hopes of kick starting the economy never mind the inflation these billions of dollars threaten to cause in the near future. This will, of course, create another crisis where, once again, government must come to the rescue of the free market, and on it goes...

It's up to us folks to put an end to it no matter who is on the White House.