Posted by
Jay Noble on Friday, March 20, 2009 10:47:29 PM
Why doesn't Congress simply legalize the torching of AIG's building in New York and the stoning of AIG employees? Would that satisfy everybody? Good heavens, there is far less anger toward bona fide terrorists than a small group of brokers and employees of AIG, who were paid PERFECTLY LEGAL BONUS' ALLOWED BY LAW!!
Never in my lifetime have I witnessed the level of demagogy and phoniness exhibited by our erstwhile representatives in the U.S. House on Thursday, March 19, 2009. It was shameful, disgusting, and insulting to anyone with a wit of intelligence and perspective. The U.S. House of Representatives became a mob, a mob seeking blood from an unpopular group. Whether AIG should have paid bonus' is one thing, but this utterly out of proportion response is truly frightening. Ninety percent taxation? If Congress can do this to today's disfavored group, who will be next? Why not gun and ammunition sellers? That would dry up the firearms business fast, wouldn't it? No need to worry with pesky firearm restrictions, just tax the heck out of the gun merchants and watch that industry disappear.
If the Federal government can manipulate the tax code to confiscate perfectly legal compensation paid to an unpopular group, then the Constitution means nothing. Anyone, ANYONE, can be the next target.
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And of the damage this will do to our economy? If one was a talented broker, banker, financial planner, etc., and had the opportunity to migrate, why would you remain in this country, where the government is engaged in a jihad against your profession? Why person or entity with money to invest would chose the United States? The rule of law provides no protection against mob hysteria right now. The Congress and Obama administration are stoking the outrage. Contracts can be retroactively abrogated or the proceeds earned from lawful bargains taxed at confiscatory rates. These are not the acts of a mature republic but of a confused, incompetent and jealous populace.
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It would help if there was an adult at the helm of the ship of state. However, with Barack Obama, we have the the nation's first celebrity president. My doesn't he enjoy the role! He gets to appear on the Tonight Show and make jokes about handicapped people. Class act, our President Obama. It's nightmarish to contemplate the fact that Obama's term has 46 more months to run (assuming we survive to its end). Reasonable knew what we were getting with Obama: a thoroughgoing leftist radical, a Marxist-light, whose idealogy blinds him to inconvenient facts and whose goal is to remake this nation into the socialist "utopia" beloved of leftists. He is also clueless about the real world and too arrogant to realize his ignorance. Only by the grace of God will we survive his tenure in office.
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Lest I appear too hard on our belove president, let us stipulate that the Congress, for the most part, is composed of a staggering collection of venal, babbling idiots. The level of downright stupidity, malfeasance, misfeasance, and adject stupidity demonstrated everyday by these folks goes well beyond the norm we have come to expect. At this most critical time in history, the elected great majority of the national representatives of the United States are incompetent to fulfill their duties. But you know, I really don't blame them. These people were elected by an electorate dumbed down by 40 years of mis-education and cultural rot. The fault for this mess lies with the Baby Boom generation, which embraced the religion of political correctness to corrupt our society. And we are not finished. As the Boomers age they have adopted a new religion, environmentalism, to destroy the economic foundation of the country. A final legacy to our progeny. We will wreck the culture and the economy. The Baby Boom generation has have dissapted the legacy left it by its parents and grandparents, and mortgaged the future of subsequent generations to paid for its comfort and perversions. The United States is being wrecked by the most selfish generation the Earth has ever seen. To borrow a phrase, "America's chickens have come home to roost."
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Back to Mr. Obama. It seems he gave the British Prime Minister, Gordon Brown, a collection of DVDs as a present. Leaving aside the fact this was a pitiful gift, it now appears that the DVDs will only play on North American region DVD players. Unfortuntately, Great Britain is part of Europe and the DVDs won't work on Mr. Brown's player. Perhaps this was planned all along - now Mr. Obama can give Mr. Brown a new DVD player when they see each other again. No, that would require some degree of forward thinking and competence, neither of which has been demonstrated by the Obama administration.
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ACORN has contracted with the Census Bureau to assist in the 2010 national census. Wow, that's a relief. I was apprehensive my prediction that the Democrats would fix the census might be inaccurate.
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I predict that within twenty-four months the U.S. dollar will be worth fifty percent less than it is today. A nation cannot print money as we have done and not kindle raging inflation. Salaries, savings, retirement funds, all will decline in value. It is inevitable.