When I look at the next few years, one of the big questions that I have is the real nature of Obama. Every time he presents another of his ideas it seems more extreme than I could have expected, more cut off from the real world, more bazaar, more like we are living in Venezuela. I am serious, Obama is envious of Chavez, just as FDR was envious of Mussolini. Therefore, I want to ask a question:
Does Obama have any sense of restraint? Can he restrain himself?
I ask because I have seen no restraint in any of his actions so far. In each of his major proposals and attempts to push forward his program, he seems to go for the full effect at once.
His health care plan was nearly full socialism. And in spite of growing resistance to his health care plan, he still seeks a way, any way, to pass the thing.
In the face of an economy that is showing no real start of a recovery, he has presented a budget that will spend outrageous amounts. Actually, I don’t have an adjective that fully expresses the audacity of the “thinking” that is behind this budget.
With no sign that his previous “stimulus” packages have provided any benefit, he is demanding a big new one.
With the Supreme Court sitting immediately in front of him, he criticizes their pro-free speech ruling.
He barges into the Republican retreat and plays gangster, and then pleads with to give him all the power he wants to do things his way.
He criticizes people for wanting to have fun and offends another Dem.
He verbally attacks anyone who he thinks the public will allow him to bludgeon, like banks or major corporations.
Practically in the same day he demonizes the banks for taking on too much risk and then for not taking risks when he wants them to do so.
I am sure that the list can go on a lot longer, but you’re saying, “yes, we know”.
What is he going to do when he becomes really frustrated? What is he going to do later in the year or next year when it is clear that the economy is not going anywhere? What is he going to do when low tax revenues are making the Treasury borrow sums of money that is causing the market to choke and long-term interest rates go soaring. And then criticism becomes more severe. Is BO going to retreat? Or is he going to become more aggressive, call on his still loyal, younger supporters and demand change. Is he going to instruct his loyal people in the administration to nationalize the businesses that are not bending to his will? Is he going to …?
What is he going to do?
I don’t know. In the past we have been confident in the willingness of politicians to follow the legal procedures of office. But we have seen actions in the last two years that completely ignore property rights and there has been no real protest within the Washington establishment. It began with Bush, and BO is quite willing to follow in Bushes footsteps and beyond. I wonder if BO has any restraint. I wonder if BO is willing to accept any significant opposition to his desires.
Do you have a feel for the man? Will he accept frustration? If, as I suspect now, that in the next election he will lose the majority he has in at least one House of Congress, will accept defeat?
What do you think he will do?
The Next Govt Shutdown Crisis
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Given news reporting about Republicans causing a government shutdown at the
end of the month as a Trump election strategy, I decided to check the
progress ...
3 months ago
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