Friday, January 4, 2013

Ineptocracy


A system of government where the least capable are elected by the least capable of producing, and where the members of society least likely to sustain themselves or succeed, are rewarded with goods and services paid for by the confiscated wealth of a diminishing number of producers."

This is exactly what this country is becoming.  The current administration would rather seize money from the "evil rich" who are not paying their "fair share" and give it to the moochers, leeches, and parasites.  Remember, every dollar the government takes is one dollar less that could be spent by the private sector to invest and grow the economy.  Economic growth is the answer. Unfortunately, President Obama's policies are anti-growth. We're already seeing the fallout from Obamacare with job losses and employee hours cut.  My, elections do have consequences!

Mr. Obama likes to say, "We tried it their way and that's what got us into this mess." Fortunately for him, he has the propaganda arm of the Democratic Party covering for him -- that's the main stream media for those that are slow on the uptake. Actually, it was the government forcing banks to make loans to dead-beats who were unable to afford the mortgages they signed up for that was what created the mess we are currently living through. The banks red-lined for a reason. Unfortunately, our liberal leaders claimed that red-lining was racist and the government bullied the banks into making bad loans. When Fannie and Freddie were backing these toxic loans, they were run by Democrats like Franklin Raines and Jamie Gorelick who made millions while helping to destroy the economy.  Attempts to rein in Fannie and Freddie were stopped by Democrats like Maxine Waters and Barney Frank.

We've tried it Obama's way, in Cuba, the USSR, Zimbabwe, North Korea, Eastern Europe, and coming soon, Venezsuela. We even had side-by-side comparisons: West Germany versus East Germany; South Korea versus North Korea. Yet still, we have people like Mr. Obama, Harry Reid, and ex-Speaker Nancy Pelosi who think they can make it work here. They say about those other places "the right people haven't been in charge."

Thomas Sowell has a quote on socialism.  "Socialism in general has a record of failure so blatant that only an intellectual could ignore or evade it."

You can substitute liberal, progressive or democrat for intellectual -- or the 51% who voted for our President.

Good luck. Remember, parasites eventually kill the host. Check out California, New York, and Illinois. They're all headed for financial ruin. 23.5% of the people living in Califronia are in poverty. One third of all welfare recipients live in California. California now has a super majority of Democrats in the legislature and the governor is Governor "Moonbeam."  Look for things to continue to get worse. They're using money they don't have to build a bullet train to nowhere. It's only a matter of time before California will need a bailout because it is "too big to fail".

Do you want to see your future? Look to California. At least California has the federal government to bail them out. Who's gonna bail out the rest of the country destroyed by Mr. Obama and their Democratic policies? The number of parasites in this country keeps increasing and they will eventually kill the host and when that happens it won't be a pretty sight. Think Greece, but worse. Unfortunately, it seems that the people running this country are simply making things worse.

Be careful what you wish for.
As Margaret Thatcher once said, "Eventually you run out of other people's money."
There's only so much money you can steal from the "evil rich" who aren't "paying their fair share".
California, New York, and Illinois are in the process of killing the golden goose. Can the rest of the country be far behind?
 

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