From Jim Self's Blog 6/23/2014
Government must take something away in order to give something away. When Government takes money away from taxpayers to increase welfare entitlements it is moving in a liberal direction. It is assuming more and more responsibility for supporting more and more people. That is making government bigger, more powerful and intrusive. Reducing entitlements and cutting spending is a conservative move, making government less intrusive, less powerful, less controlling.
Government must take something away in order to give something away. When Government takes money away from taxpayers to increase welfare entitlements it is moving in a liberal direction. It is assuming more and more responsibility for supporting more and more people. That is making government bigger, more powerful and intrusive. Reducing entitlements and cutting spending is a conservative move, making government less intrusive, less powerful, less controlling.
Keep in mind, if our government had not pushed the Fannie Mae and Freddie Mac to loosen credit requirements, enabling banks and other lenders to provide mortgage loans to millions of people who could not pay them back, we would not have experienced the credit shutdown, the recession, or the jobless recovery. It was a liberal move to do this...loaning more and more money to those who needed it but could not afford it. This was government intrusion leading to destruction of our housing and credit markets. They wanted to do the right thing and help people but they put blinders on as to the unintended consequences of the credit bubble. It's what happens when government interferes with a market.
This also had to do with Congressmen accepting money (bribes) in the form of donations to help them obtain votes of special interest groups. This is widespread in our government. It is a flaw. And it may be a lethal flaw. It must be addressed. Our President not having a line item veto is one of the problems. Term limits is another badly needed reform if we are to have representatives who have their eyes on the ball instead of their perpetual re-election.
Increasing government borrowing like we are doing (liberal) will proceed to the point of destroying the value of the currency. This is taking a while, but as the dollar loses it's edge as the reserve currency of the world we will see the unfortunate results of inflation and recession again, only this time, with the trillions of dollars presently being held for trading flooding back into circulation, it will be in hyperdrive. Liberals in our government turn away from this inevitable collapse of the dollar, acting like it will never come. They know that they will not be held to account, personally, and that is enough for them to blindly follow President Obama into his world of social programs and expansion of the welfare state.
Working a problem over and over the same way hoping for a different outcome is one definition of insanity. Pie in the sky people who know what they want but don't have any idea of the cost vote their liberal pork providers into office and they spend and spend and spend. When they team up with myopic, dollar hungry media owners they win elections by selective reporting, manipulating public opinion. When one has the media on their side one cannot help but win elections. Insanity then rules.
This insanity brings destruction. I think the reason this country has survived as long as it has is because of the tendency of people to vote against national suicide. Things are looking pretty bad everywhere we look. Liberals either cannot understand just how bad the threats are or choose to ignore them in favor of their own political agendas. American Democracy is facing it's own suicide. Will America vote to save itself or will it vote to give away it's last drop of blood?
Jim Self
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