Thursday, December 06, 2012

Greece or Egypt?

Which country are we becoming, Greece or Egypt?  Greece is the ultimate result of the welfare state.  Greeks just sat back, enjoyed the free goodies from government as long as they lasted, and then imploded with violent protests.  Egypt is the ultimate result of an elected president making an unprecedented power grab.  Egyptians aren't buying the dictatorial decrees their leader is forcing down their throats, and the country is exploding with violent protests.

As usual, Barack Obama is controlling the debate about the fiscal cliff and the government's budget deficits by arguing about the small potatoes and ignoring the elephant in the room.  The discussion is all about tax increases on the wealthy.  I will not argue against tax rate increases on the top 2% or even 5% of income earners, but I would argue that eliminating tax preferences (loopholes) would be a much better solution.  But no matter what the outcome of the argument, the changes would raise government revenues by a drop in the bucket.  Spending is the real issue, and Obama is successfully delivering a head fake so he can continue to expand the socialist welfare state.  Read the article referenced below if you are not convinced.

http://online.wsj.com/article_email/SB10001424127887323501404578161162667441912-lMyQjAxMTAyMDAwNjEwNDYyWj.html?mod=wsj_share_email

Obama is not negotiating and not compromising - he is demanding in true imperial dictator fashion.  The latest demand, to do away with the debt ceiling limit, reveals his intention to continue to expand government spending as if money grows on trees.  Obama is demanding to effectively eiliminate Congressional control of government spending, which is explicity one of the basic duties of Congress under the Constitution.  Only 3 out of 10 eligible voters voted for Obama but he is now assuming autocratic powers.  This is getting serious folks.

How will Americans respond?  Do Americans really want to be governed by an autocratic dictator?  It is time for any responsible person that may be left in the major media networks to get a grip and realize their mistake in promoting this tyrant and begin to question what is happening before things start to get real ugly.  We may soon find out if Americans still have balls like the Egyptians or have been castrated like the Greeks.  Just remember that whichever road we are starting down, they both end in violence.

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