Posted by
Jay Noble on Thursday, March 12, 2009 8:15:21 PM
We are told by the media that Barack Obama is a smart man. I suppose of evidence of this is that he has written two works of fiction and sold them as biographical, and that he reads a speech well off a teleprompter. Our president obviously believes he's an intellectual; he's mastered the condescending smirk/smile and manner of address so common to the left, whose members look down their nose at regular folks and conservatives.
I bring this up because Mr. Obama stated today that the United States could not return to the old ways of boom and bust in the American economy. This remark is comparable to warning that it is no longer acceptable for the weather to change from hot to cold. For Mr. Obama, if we are maintain a free society and a free market, can no more guarantee the economy will not experience boom or bust cycles any more than he can guarantee the weather will always be mild. The only way to eliminate economic cycles is to force on the country a command economy similar to the old Soviet Union and at work in Cuba. This is actually what Mr. Obama, a Marxist at heart, wants, and what his remark telegraphs to anyone with ears to hear. In keeping with one of this administration's unstated reasons for existence, forcing a command economy on the country will have the virtue of squaring accounts with the rich (defined as anyone with any assets or decent job or who is a male or white) for their past "crimes," centralizing maximum power in the federal power via regulation and control over distrubtion of income and assets, and increasing dependency of the population on government handouts, since the only a subsistence living standard which results from a command economy.
So either the president is too stupid to know that boom and bust are inherent in a free market, or has inadvertently indicated his intentions.
In either case, the hubris of this administration manifests itself in ways big and small everyday. Pride, the Bible tells us, goeth before a fall. Let's hope the fall is of this administration and not of this country.