
Brushfire of Freedom
Voice of Adams
So, here we are in the middle of a “good crisis” that has caused economic markets around the world to run scarred into the night. Trillions of dollars have been lost in a downturn in investments, lending, housing sales, etc. In our panic, we as Americans have done nothing but scream for our government to save us. The nation of people who saved France, England, and other countries during WWII has thrown a tantrum when some of our money (ok, a lot) has slipped away in this economic “crisis”. Yes, it’s a lot of money. Yes, you will have to work a bit longer to retire. Yes, you may have to delay the purchase of the new Mercedes, but are you willing to sell your future freedoms and liberties for the immediate (and temporary) resolution of the economic downturn? Are you willing to sacrifice all that has been bought and paid for by the blood of our founders just so you can get the immediate gratification of seeing your 401K climb back above $100,000?
Based on the last election and the current momentum in our nation’s capital, the answer is, “maybe”.
It is appalling to see what this President and his Socialist cronies are doing to our country. They have completely disregarded our Constitution and have begun stealing away our freedoms wholesale. All under the premise that it must be done to save the economy. First, it should be noted that the economy would not require saving if in 1976 the government had not gotten involved in the home mortgage process. Yes dear friends, the boys and girls screaming about regulatory failure causing the housing market collapse have it all backwards. Lenders were not skulking about in the night, forcing unsuspecting citizens to take out mortgages they could not afford. The lenders were forced by law to provide these “toxic asset” mortgages in order to ensure the American dream. Were it not for laws created by Jimmy Carter and reenforced by Bill Clinton in the ’90’s (with the help of Janet Reno), there would not be so many people upside down on their mortgages because they would have had to show proof they could afford to pay BEFORE they got the loan. Novel idea, I know, and a common practice prior to Jimmy’s new rules, but something that kept a few “deserving” Americans from owning homes. A quick note, if you can’t afford it, you don’t deserve it.
But wait, there’s more. In 2003, George W. Bush insisted that the government-managed-private-entity (that’s an oxymoron) Fannie Mae / Freddie Mac needed additional oversight because they were cooking the books, collecting massive bonuses (sound familiar) and becoming unstable. Unfortunately they were also giving tons of money to key committee members in Congress like Chris Dodd, B. Hussein Obama, and Barnie Frank, so Republican efforts to INCREASE government regulation of their OWN financial institute failed. Not once, but six or seven times in five years. End result, Fannie and Freddie fail, other institutions and assets that were underwritten by or had invested in that GSE became unstable (and failed unless they had contributed to Democrats), and the whole house of cards began to collapse. Enter Congress, with B. Hussein as the newly elected “Savior in Chief” and the money started to pour into all of these failing assets. But that didn’t work, so we had to have more. That didn’t work, so we had to have more. That didn’t work, so...
Let me pause here and provide a brief analogy. Let’s say you have a fire in your home and you want to put it out (a good idea). You grab a bucket with what you think is water and you throw some on the fire. Instead of going down or out, the fire flares up, indicating that you may not have water in that bucket. Do you throw more of this “water” on the fire? Do you do it again and again? Or, having determined that perhaps this is not a tool or method that will put out the fire, do and go find another solution for the growing flames? Do you get it?
So back to where we are and what it means to you. We’ve spent an estimated two or three trillion dollars in an effort to “stimulate” the economy. It has not (and note, will not) work. So our “Savior in Chief” has asked for even more money to get things moving. He is also asking for the one thing he really wants; more power. Now he wants to regulate pay, control financial institutions, and have the authority to seize companies whose failure might “destabilize” the economy. Basically, he wants to be King of America. And, because we want an immediate fix to this critical crisis thingy, we are standing by as he walks off with the freedom and liberties that make this nation great. That is the true cost of this entire financial debacle that is the Obama administration. We will pay for the immediate resolution of these issues with the freedoms, the rights, and privileges that we hold dear, and that many take for granted. If you don’t believe it can happen, go have a quick chat with an AIG executive who just gave up his right to the pursuit of happiness, a right enumerated in The Declaration of Independence. He worked for that bonus money but because of the bullies in Washington, the same ones he donated to in 2008, he has had to return some or all of it. If you think that is fair, wait till they come for your paycheck. It will be easier once you have accepted their rule. That is the true cost of this financial stimulus. We are selling our liberty for immediate satisfaction. Our grand children will regret our decisions.
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