Thursday, February 12, 2009

Plan to Fail

As any first year law student will tell you, all language is subject to construction. The language of this legislation remains nebulous, but Congressional Democrats seem to be advancing their agenda to kill free market capitalism shamelessly using the class-envy card. The bailout bill that evidently no House Republicans have even seen, is going to reputedly provide each tax filer with a low enough income to be eligible with an additional thirteen(13) dollars a week at a cost estimated by an economist at $9700 for every living American-a not unsubstantial sum and one that will undoubtedly be passed on to future generations, our grandchildren, as insurmountable national debt. This becomes, at minimum, the consequential implementation of socialism and alters the social contract of a robust growth-producing capitalism which gave America her singularity, and transforms her almost overnight into a pale imitation of the socialism that has kept much of Europe down since it was implemented seriatim by nation after nation and generally hinged on the passage of a national health plan. These pan-European schemes have rationed care and stifled productivity, ironically leading many Europeans with resources to seek medical treatment here in the US without the constraint of government. Why would America want to mimic what those who can afford, escape by coming here? All this with the background of Congressional hearings where Barney Frank who thwarted additional oversight of Fannie Mae and Freddie Mac and in so doing, started our economy in its death spiral, having the chutzpah to rake bankers over the coals for their banks being placed in peril by the madness of redlining restrictions in which the government essentially forced sub prime loans on to their books, and now harangues them over the only logical result of government interference and manipulation. It was government and activists groups who force-fed financial institutions the poison stew of toxic assets in the first place. Democrats termed the 1994 Gingrich initiative to bring America back to the right the "Contract on America"; the petty commissars of this party which controls Congress today with the acquiescence of two harridans from Maine and a nothing-to-lose but his nation cancer patient from Pennsylvania have authored a first true "Contract on America" in this non-stimulus bill that could destroy us.

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