Published in 1987, “And the Band Played On” was a best-selling book by San Francisco Chronicle writer Randy Shilts. The film told the (fairly accurate but politically colored) story of the advent of HIV and AIDS, painting the picture of an apathetic government and ego-ridden research community that were more concerned with petty games and ideologies than addressing “the plague of the century.” Some may recall the 1993 HBO film of the same name which starred Matthew Modine and Alan Alda.
President (I use the term loosely) Barack Obama was voted in by guilted whites and brainwashed blacks. He might even be an illegal alien. These, though atrociously grave, may prove to be moot points in the practical sense.
On Monday, March 2, the Dow closed below 6,800 after its worst day since 1997. It has fallen more than 2,000 points since Obama’s inauguration.
Some impulsively argue that this was largely due to the protracted (and ongoing) collapse of American International Group Inc., or AIG, which has lost $62 billion in the last three months, rather than the market’s wariness vis-à-vis the Obama administration’s measures and strategy relative to the economy.
So let’s look at that.
AIG’s largest stakeholder is the National Education Association, or NEA – the teachers’ union. So, the NEA stands to lose the most if AIG goes under. Congress, and Obama in particular, are beholden to the NEA in a big way. The government has already gifted AIG $150 billion of our money; earlier this week, it announced that it would add another $30 billion to that. Hence the Dow drop. It’s not just Obama, and it’s not just AIG; it’s both – as well as the prospect of how many more life preservers the president will cast toward fiscally undeserving outfits.
Interesting that one of the few quasi-unbiased indicators in our society reflects the outlook of those who are more knowledgeable relative to Obama’s insane economic policies.
Could it be said that the Dow isn’t stupid?
Leaving aside the fact that Congress’ and the Obama administration’s affinity for gifting cash to AIG and criminal organizations such as ACORN stems from a need to recompense political allies (rather than keeping the economy healthy); it’s as economically irresponsible as it can be. Obviously, those in the financial community – at least those whose concern really is the bottom line – are aware of this.
The irony of Obama having spent $1.5 trillion in the last two weeks (between the American Recovery and Reinvestment Act and the $410 billion omnibus spending bill, or “Omnipork”), on top of a trillion-dollar “inherited” deficit is going unnoticed by fewer and fewer Americans.
Unfortunately, they may be outmanned and outgunned by the sedated masses and the Chicago porno theater floor scrapings who have insinuated themselves in Washington. The latter may well prove to be akin to a tick infestation, due to the money they now control via the American Recovery and Reinvestment Act (“stimulus bill”). With this bankroll, they may already have paid up significant support for Obama’s 2012 run.
In New York City (and perhaps certain others), legally parked cars regularly get towed. You can imagine the vehicle owner’s level of agitation when they show up at the impound lot …
“But my car was legally parked!”
“No it wasn’t,” comes the attendant’s cool reply.
Which is one of the reasons you have to be a cop, a lawyer or a judge to secure a pistol permit in New York. Inasmuch as hiring an attorney to retrieve the ill-gotten gain from said municipality costs more than 10 times the “fines.” Of course no one ever pursues this avenue.
Although what Obama and Congress are saying about their economic machinations doesn’t (usually) elicit the same adrenaline-laden response from Americans, their rhetoric is as patently spurious: The American Recovery and Reinvestment Act funds are not designed to stimulate the economy, nor will they; they are a war chest for the Democrats. We can’t spend our way to economic stability, and they know that.
It won’t work.
“Yes it will,” comes the reply.
And it’s not supposed to work. Americans are just supposed to think it might.
Obama’s objective is to compromise America economically; the goal being to establish first a socialist state, and finally a Marxist one. So, bemoaning the imprudence of his economic policies is missing the forest for the trees. Labeling Obama a communist really isn’t an extreme assessment given his actions and his stated affinity for Marxism, which he is clearly implementing – while the band plays on.
