"ALL CAPS IN DEFENSE OF LIBERTY IS NO VICE."

Tuesday, January 20, 2009

MORE LEFTIST BULLSHIT IN OBAMA'S INAUGURAL SPEECH: "... a nation cannot prosper long when it favors only the prosperous."

EXCERPT FROM OBAMA:

What the cynics fail to understand is that the ground has shifted beneath them -- that the stale political arguments that have consumed us for so long no longer apply.

The question we ask today is not whether our government is too big or too small, but whether it works -- whether it helps families find jobs at a decent wage, care they can afford, a retirement that is dignified. Where the answer is yes, we intend to move forward. Where the answer is no, programs will end.

And those of us who manage the public's dollars will be held to account -- to spend wisely, reform bad habits, and do our business in the light of day -- because only then can we restore the vital trust between a people and their government.

Nor is the question before us whether the market is a force for good or ill. Its power to generate wealth and expand freedom is unmatched, but this crisis has reminded us that without a watchful eye, the market can spin out of control -- and that a nation cannot prosper long when it favors only the prosperous.
THE BASIC PROBLEM IS FRAMED CORRECTLY - IN THE FIRST THREE PARAGRAPHS.

BUT THEN THERE'S QUICK SLEIGHT-OF-HAND: INSTEAD OF BLAMING THOSE RESPONSIBLE - THE LIBERALS IN GOVERNMENT, HE BLAMES THE MARKET, SAYING:
a nation cannot prosper long when it favors only the prosperous.

THIS IS EXACTLY WRONG, EXACTLY BASS-ACKWARDS.

WHAT GOT US IN THIS MESS WASN'T GOVERNMENT POLICIES WHICH FAVORED THE PROSPEROUS; IT WAS GOVERNMENT POLICIES WHICH FAVORED THE POOR, THE UN-CREDITWORTHY.

REPEAT:

WHAT GOT US IN THIS MESS WASN'T GOVERNMENT POLICIES WHICH FAVORED THE PROSPEROUS; IT WAS GOVERNMENT POLICIES WHICH FAVORED THE POOR, THE UN-CREDITWORTHY.

REPEAT:

WHAT GOT US IN THIS MESS WASN'T GOVERNMENT POLICIES WHICH FAVORED THE PROSPEROUS; IT WAS GOVERNMENT POLICIES WHICH FAVORED THE POOR, THE UN-CREDITWORTHY.
  • IT WAS THE CRA AND FANNIE MAE - A FEDERAL GOVERNMENT WHICH ORDERED BANKS TO MAKE BAD LOANS.
  • WHEN BANKS AND INVESTMENT BANKS BOUGHT THE DERIVATIVES BASED ON THIS FEDERALLY MANDATED ACTION AND ISSUED BY FANNIE MAE - A GSE - THEY ACTED IN GOOD FAITH.
  • THIS PAPER - (AND SIMILAR SOCIALIST-INSPIRED POAPER IN OTHER COUNTRIES) -LOST ALL MARKET-VALUE AND BROUGHT THE GLOBAL FININCIAL MARKETS TO THEIR KNEES.
  • THE GOVERNMENT - ENACTING SOCIALIST, CENTRAL-COMMAND RULES OVER PRIVATE BANKS - CREATED THIS WHOLE FREAKIN FINANCIAL MELTDOWN.
OBAMA'S FAILURE OR REFUSAL TO ACKNOWLEDGE THAT EXPOSES HIM AS THE INTELLECTUALLY DISHONEST LEFT-WING IDEOLOGUE HE TRULY IS.

AND IT SPELLS DISASTER FOR THE GLOBAL ECONOMY.

UNLESS WE STOP HIM.

CAN WE STOP HIM!?

YES, WE CAN!

*******UPDATE: MORE BULLSHIT AND ANOTHER SLEIGHT-OF-HAND; OBAMA SAYS (ABOVE):
... the stale political arguments that have consumed us for so long no longer apply.
WELL, SAID - BUT OBAMA THEN DOESN'T ENDORSE WHAT WORKS, (TAX CUTS AND LESS GOVERNMENT -- AS PROVEN BY IRELAND AND REAGAN AND THATCHER).

OBAMA ENDORSES WHAT DIDN'T WORK: "NEW DEAL" SOCIALISM.
  • THE ONLY STALE POLITCAL ARGUMENTS ARE THOSE FROM THE LEFT.
  • IT WOULD BE FANTASTIC IF THEY NO LONGER APPLIED.
  • BUT OBAMA'S ELECTION - AND HIS SELECTION OF THE SAME-OLD-SAME-OLD/CLINTONIAN FACES PROVES THAT OBAMA IS THE REAL STALE OLD POLITICIAN.
*******UPDATE #2: THE LIBS AT TNR GIVE THE SPEECH A THUMBS DOWN!

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