Showing posts with label pork. Show all posts
Showing posts with label pork. Show all posts

Saturday, February 14, 2009

After the dust settles, its beginning to look a lot like class warfare

Obama’s 5 day pledge will not be used on this legislation because it is deemed ‘emergency legislation’, not that that seems to be stopping him from upholding that pledge anyway. The corrected, consolidated and merged House and Senate bills were online the evening of Friday the 13th, Obama will sign it Monday morning. The documents are HUGE, Section A is 496 pages – 5Mb and Section B is 575 - 2Mb. Going through it to find all the hidden earmarks, pork, and wasteful spending would take a week or longer! You can’t trust the summaries or press as they are so slanted it is unbelievable. The point is this, this bill is shaping up a clear cut class war. The payouts and provisions are all aimed at aiding those dependant on government aid, buying more of their loyalty, forcing the middle class into dependency on the government for sustainability, and undermining the upper class in an attempt to redistribute their wealth completely (much the same way as happens in all revolutions where rich people’s properties are taken and given to the poor). This is becoming more and more clear as I analyze the flapping head talk show hosts, blogs, and what the media is leaving out of the discussions on what is going on in this country now. As I stated earlier, good thing I am in China, now I can apply the living in an authoritarian communist society to my home country.

Just breezing through the first 20 pages I came across a $400 million provision for WIC, the women, infant, and children for providing nutriesous and free foods necessary for development (milk, orange juice, cheese, cereal, etc.). Working for a grocery store in rural Alabama for 6 years and I know about it all too well. The provision states clearly that $100 million is only to be used for funding the program, the remainder is to be used when it is expanded to enroll more people. This expansion is used to hook people on dependency on government aid, little by little. One of my favorite talk show hosts said it best, its like what a drug dealer does to get new clients, he gives away free drugs to get you hooked and then he starts charging when you need it. This package, while some is necessary and needed, is government crack handed out to hook us all. $100 million to expand free lunch programs, provided the schools only use it for new equipment and have a population of students eligible for the program at 50% or higher. Seeing public school enrollment is declining, as our population is, and school districts are having to close down schools would it not be a better use of funds to use it to; hire staff, buy better quality food, or expand the program to charter schools and alternative schools?

Increasing social services does not stimulate the immediate needs of our economy! Increasing social programs does nothing to fix the problems of job loss, frozen credit, home value increases, or spur domestic spending which all the Democrats have acknowledged is what the real problem is! All these programs are long term spending programs. They all require local taxes to fund. Where do you suppose this funding will come from in October, when this budget plan expires? Oh, you did not know this bill is just for this fiscal budget year? Surprise, we will get a peek at Obama’s wish list for the next fiscal year at the end of the month. Back to the point, the funding for all this expansion of WIC, school lunch, Medicare/Medicaid, unemployment benefits, etc, will be coming out of local tax bases. Yep, local communities will have to hike up property, sales, and income taxes to pay for the new expanded services. This will bog down local economic growth and make the case for federal funding grants to the local communities cementing their dependency on and influence by federal government into local communities across the nation. California and Wisconsin are already using their portion of the bill to supplement their deficit spending (remember all states are required by law to have balanced budgets). This financial crack being handed out will make communities and people dependant on the government. Once you do that the government will tell you how to spend that money.

What was Bill Clinton’s crowning achievement as president? Come on, you know you can name it. Letting Bin Laden go, Kosovo, White Water, the tech bubble, Monica Gate, Socialized Medicine, NAFTA, getting impeached? Nope, it was workfare, the reform of welfare to make people who could work work to receive assistance. Well that was just erased. This bill, soon to be law, now allows tens of millions sit at home and collect a check with no job searching provisions or minimum hours of work at a job to receive. Welfare is there as a supplement to allow you time to get another job. If you don’t have to get another job and they expand it from 6 months to 10~12 months then what incentive do you have to look for work? It is encouraging laziness and dependency on government aid. What was lauded as a success under Clinton’s 8 years of hell was now killed by the very party that created it. Making the middleclass slaves and then slowly turning them into lower class will help swell the ranks of those for an impending class warfare.

Remember the good old days of president Bush when the Democrats were screaming about raising the deficit spending from 3% to 4% of our GDP to fund the war? Remember when Regan created a recession and deficit spending of 3% of our GDP to fix Carter’s catastrophe? You will now because this bill puts our deficit spending at 13~14% of GDP based off of pre-recession GDP figures! That is like having a sub-prime mortgage loan with a teaser rate of $900 a month and after 4 years jumps to $3,600 a month… oh wait many can relate to that because that is what cause the housing melt down that tripped off this whole mess in the first place! We have increased our deficit spending 3 to 4 times! Why were the Democrats screaming at Bush for increasing it a measly 0.5% 4 years ago and happily going with these gross increases now? We are putting ourselves on a collision course and the reasons are eerily pointing toward a new class war in the country.

How can all this spending be paid for. If you take all the war spending since it began 6 years ago, throw in the homeland security spending for good measure, you still don’t match the spending in this bill! The Democrats seem to hate spending money on war, but spending it on re-analyzing the results of the 2010 census findings and other things that don’t fix our economic problems outlined above is totally fine. Just as SCHIP was lauded by Pelosi and she defended its birth control measure by saying it was a stimulus provision, no cost saving provision, no, well she blew it off anyway. The Democrats love to spend money and could care less about oversight. Case in point. Obama’s ridicule of a bank’s planned annual event to Las Vegas, for an employee recognition and senior executive meeting to review and plan the next year’s strategies, and his fervor against another bank’s marketing budget at the Superbowl, to gain more clients, deposits, and loan candidates. Because these banks took TARP funds he want to tell them what they can’t spend money on. Its their fault for taking the funds, but if they take federal funds does the government have the right to tell them how to spend their money? Really? If so I want to tell all the unionized school teachers in America where, when, and how to spend their paychecks, vacations, and personal expenses. They receive tax dollars. How about the Post Office. With this new 2 cent increase I don’t want to see them spend anymore on advertising, overtime, use 30% less fuel, and get rid of all unhealthy foods on government property because I fund their healthcare too! See, when the shoe is on the other foot it feels different.

Our deficit spending is funded by; taxes received over the next fiscal year, treasury bonds sold to private, public, and sovereign wealth funds (countries), and deals involving trade and currency exchanges. This tripling of deficit spending pushes the bonds down to historic lows eroding the confidence they can even be repaid! Private investors are not going to buy them, they just lost 50% of their wealth when the markets collapsed (if they were lucky) and the bond rates now are less then 0.6% return on 10 years! Businesses won’t be getting any bonds for the same reasons. Japan and China (#2 and #3 economies respectfully) are hurting and can only buy a small fraction of bonds as they are in recessions and problems of their own. Global markets are all down and digging in by spending less as investments. Some want to see the dollar fall as it will increase their currency or GDP rates. So the only other option is to just print money. Without a value based on it the value of the currency will fall, simple supply vs demand. As demand for US dollars falls supply will skyrocket, making inflation and possible devaluation a stark reality. The US dollar may become just like the Mexican peso, worth less 24 hours after it was printed. All that money will mean little if prices go up to match the realistic value of the currency. Remember the good old days of Carter and his triple doubles, double digit inflation, unemployment, and national debt increases? Well, get used to it because here we go again. Funny thing here. This bill is trying an old formula that has failed in every communists and socialists country over the past 60 years yet we feel we can make it work this time around. China abandoned government run businesses 30 years ago and adopted a more capitalistic approach, the results… from 3rd world to 3rd largest economy and still growing in a global recession all in 30 years, it has never happened before. It seems China and American are two passing ships in the night, each going to where the other has just came from.

All this circles back to the positioning of class warfare in the country. The Democrats, drunk off of their huge wins this past fall, have placed a 40 year in the making wish list up before a president who is going to sign it into law after the public, who will be paying for it, gets less then a weekend to review and inform their Congress members how to vote on it. 40 years of far left wing ideas, philosophies, and scams will become a reality, all with smiles and pats on the backs while the president told the nation, with a straight face, that this was necessary and had to be done now, because waiting another week or two would doom us all to, well whatever the Democrats version of a non-religious Hell would be. These measures will place the yoke of dependency on the middleclass. These measures are aimed at going after the rich. While not rich, a fan of the rich, nor a believer that rich people are anything besides scum, I feel in out country that if you work hard and are persistent you should get rewarded accordingly. What about Paris Hilton? I would love to see her on WIC and food stamps, but only as a result of her family disowning her or cutting her off permanently. There is a gambler’s saying that applies here, scared money don’t make no money. The reward of a high payout is worth the risk, this is what created the rich people in the first place, they were willing to go it alone when it looked worst. Are we saying now that they are bad for being successful? Are we no longer rewarding success? Are we now going to say that those with money have to support a system that has declared war on it for no other reason then what they make in a year? Sounds pretty un-American to me.

The investments of this package do 3 things. It boosts popularity by those stead fast loyalist who already receive entitlement and feel their plight is the fault of others. It purchases the loyalty of the middleclass under the guise of short term assistance until things improve. It sets up a system so bloated and large the amount of resources required to maintain it exceed what we can afford and this will push the middleclass into the rank of the entitlement receivers. That will leave just the large companies and the rich to fund the rest. Of course the government counts on them staying where they are out of some sense that America at that time is still better then Dubai, China, Vietnam, Brazil, India, hell even Canada, Australia, and others. Not only will pay caps on top executives create brain drain in those companies, the top tier talent going where the pay and benefits match the work, class warfare and assaults on our elites will create wealth drain faster then the government can take it. Rich people are smart in one area and one area alone, retaining wealth. If they can’t do that here there is nothing preventing them from jumping ship. They employ the smartest people to manage their money, loyalty and nationalism only goes so far. Unlike France during their revolution, the world is smaller and easier to navigate in today. This year celebrates the 30th anniversary of the Islamic Revolution in Iran. Other countries have blood soaked shifts of power or wealth throughout their recent histories too. The US, and to some extent Russia, do not operate this way. This war will not include poor peasants running into mansions and looting them, no that will be left up to the government. Tax increases, road blocks for investments and business operations, death taxes, luxury taxes, and the like. This war will backfire on the Democrats and cause a mass exodus where other countries will get the tax dollars we will miss. Then we all are left holding a very big and heavy bag. Remember that little war at the turn of the last century? They passed and implemented a ‘rich’ person tax to pay for that war, on telephones that at the time only rich people had, well, we still pay that tax today each month.

As I have stated earlier. Liberals tend to be very short sighted with their ideals. All this stuff looks like it was cooked up in the 1960’s and now has the chance to see the light of day, however over that time they never got past the ‘would it be radical and cool if we did “x” – never thinking through what would happen next or because of it. Those of us who are left will look around and wonder how it all happened, well this is it. Remember Mr. ‘it’s patriotic to pay taxes’ Bidden kept lowering his definition of rich from $250,000 household income to $200,000 and then to $150,000, well you should because it may have to go lower, meaning all those nice taxes above could be coming your way. That is how class warfare is conduced, full frontal assaults on the supply lines and resources used. It may be bloodless but the effects are just as devastating. Pelosi and Reid have rammed 40 years if unfilled X-mas wish lists into the first real legislation Obama will sign and doing so as to ‘not let a good crisis go to waste’, yep that sounds like this is on the up and up and we have all that hope of change and transparency happening here. Just as Wisconsin found out when their ‘tax Hell’ drove thousands of tax payers to Florida and Arizona (who were grateful in receiving new tax bases) and are now left with a $3 billion deficit, you can only tax so much before those getting taxed will leave. A strategy to take down ‘the man’ and stick it to ‘the rich’ is getting underway, power to the people and those ‘the man’ has held down for too long, we are with you brothers and sisters, our time has come, we will get all we deserve now, follow us to the promised land of equality, harmony, lollipops, unicorns, and chocolate rivers.

Wednesday, February 11, 2009

Betsy McCaughey Identifies the beginning of Amerikan Socialism

Welcome to the People's Republic of Americka. The United States of America is about to be heaped up on the scrap heap of wrongly named countries like the Democratic Peoples Republic of Korea. A republic is a form of government where representatives debate and present government issues for the people they represent. According to our leaders, Obama in particular, we are not allowed to debate, review, oversee, or even think about this legislation, the largest spending package in human history! Trust us they say, Pelosi raises her hand on CNN stating there is no pork, Obama states there is no pork, if they say it long enough then it must be true. Here in China the people only know what the government is doing after it is done, America seems to be doing the same thing now, pass it now and find out what is in there later. The doom and gloom has made it too urgent to review, and it has to be passed NOW! We no long have open debate, exchange of ideas, or moderation of extreme fringe philosophies from being forced on us moderates or nonbelievers. This stimulus bill has much more then pork, even if they changed the name of pork and ear marks and placed them in the bill in a way that does not fit the definition of ear marks. Two wrongs don't make a right, so stop saying that all the conservative ear marks over the past 8 years justifies this round, and while we are there, didn't Pelosi and the Dems have control of Congress for the past 4 years, making all the pork, waste, and stupidity passed by Congress their faults, thought so. Glad I am in China and getting orientated in how to live in a socialists and non-republic country, all hail dear leader Obama.

Yesterday's
Bloomberg has an opinion column by Betsy McCaughey that outlines the takeover of our healthcare system by the government. This shifts the bad care we have today from HMO's to Government. Now some government body will dictate what treatment you get and when you get it. Get ready to stand in line for that operation. Ask people in Canada and Briton how well this works out for them. Oh, and how does socializing healthcare stimulate the economy, please enlighten me. Excerpts below.



Hospitals and doctors that are not “meaningful users” of the new system will face penalties. “Meaningful user” isn’t defined in the bill. That will be left to the HHS secretary, who will be empowered to impose “more stringent measures of meaningful use over time” (511, 518, 540-541)

What penalties will deter your doctor from going beyond the electronically delivered protocols when your condition is atypical or you need an experimental treatment? The vagueness is intentional. In his book, Daschle proposed an appointed body with vast powers to make the “tough” decisions elected politicians won’t make.

The stimulus bill does that, and calls it the Federal Coordinating Council for Comparative Effectiveness Research (190-192). The goal, Daschle’s book explained, is to slow the development and use of new medications and technologies because they are driving up costs. He praises Europeans for being more willing to accept “hopeless diagnoses” and “forgo experimental treatments,” and he chastises Americans for expecting too much from the health-care system.



The stimulus bill will affect every part of health care, from medical and nursing education, to how patients are treated and how much hospitals get paid. The bill allocates more funding for this bureaucracy than for the Army, Navy, Marines, and Air Force combined (90-92, 174-177, 181).

Hiding health legislation in a stimulus bill is intentional. Daschle supported the Clinton administration’s health-care overhaul in 1994, and attributed its failure to debate and delay. A year ago, Daschle wrote that the next president should act quickly before critics mount an opposition. “If that means attaching a health-care plan to the federal budget, so be it,” he said. “The issue is too important to be stalled by Senate protocol.”



Again, I am not joking. This is gravely serious. Add this to the now $3 trillion total cost of the next wave of TARP, Stimulus bill, and new spending initiatives and how is this going to be paid for? Do you think taxes can cover this? We are all getting a tax cut according to the NICP, Obama, Pelosi, and Reid. So what is left, corporate taxes, windfall taxes, well in this economy you can count that out with double digit decline. The $3 trillion total spending will have to come from somewhere, $325 billion is paid for already, $850+ via taxes (stimulus bill), $1 trillion for freeing up credit markets by buying toxic paper that will have to be raised by selling American bonds to other countries, sovereign wealth funds, and private investors. Well, American investors have lost 50~70% of their worth in the current market downturn, and will be taxed more for it. China, Japan, Germany(number 2, 3, 4 economies in the world) and the EU have stated they can only purchase a few bonds and only of the stimulus legislation has NO protection measures in it, which in its current form it does not. So if only we can get them to buy this, which they don't want to, that still leaves $1 trillion for the spending our tax evading Treasury Secretary just outlined and caused the markets to sink 381 points in an hour! We will print it. Welcome to double digit inflation, meaning your $1 today will have about 0.90 or less depending on the inflation rate next year. Look at Mexico and Zimbabwe for insight on inflation. Just printing money to flood the market will overheat the economy to the point of creating inflation so bad it will make Japan's lost decade look like road bump compared to the Grand Canyon.

Saturday, February 7, 2009

Mr. President, um, your shoes are untied… 5 day pledge evaporates

What other excuse can he, or his administration give for the first Major breakage of a campaign promise? Politicians sure do have an issue with the truth, promises, and doing what they pledge. Case in point; candidate Barack Obama’s pledge to have a five day public review of all non-vital legislation passed by Congress before he would sign it. President Barack Obama’s reality is completely the opposite in passing all legislation as soon as it passes Congress until the mid-term elections. The Democrats are scared that will be their reckoning day, and by the looks of it, it can’t come fast enough.

The below 3 images are screen captures that will illustrate the real issue for the liberals who will say I am making this issue up or that I am full of you know what, well here are the actual screen captures showing the reality and truth of our good President’s ability to keep his word and follow through on his campaign promises. You can do the same searches and find the same info, no doctored pictures here.

Google cashe reveals the page was up and did exist, just scraped for nowFive day review exists, Google found it and shows the results

Error 404, 5-day pledge does not exist?Follow the link and Oops, error 404 - WhiteHouse.Gov states that page does not exist…

Google search finds 6-day pledge

Follow the cashed link page and viola, the page DID exist and it WAS really there outlining the real pledge

Why, well if you listen to his Chief of Staff on the ‘not letting a good crisis go to waste’ mantra jumped on by Congress and used more then a turnstile at the NYC subway system during rush hour. Next look at the tone of the government from ‘hope and change’ to preaching ‘fear and blame’ the Democrats blamed the GOP of using on the campaign trail, though it is good enough to use to get all their special pet projects and special interest paybacks that fear is the only way to get the American people behind this ever ballooning stimulus package that is now over $910 billion.

The first 3 bills Obama signed and did not post for HIS own 5-day pledge; #1 Lily Ledbetter Fair Pay Act (NEVER posted, signed in 2 days… 2 days!) signed 1/29/09, #2 State Children’s Health Insurance Program SCHIP (posted on the site for only 3.5 days posted Super Bowl Sunday afternoon, signed Wednesday morning) signed 2/4/09. The response by the White House…
White House spokesman Reid Cherlin: “During the campaign, the President committed to introducing more sunlight into the lawmaking process by posting non-emergency legislation online for five days before signing it. The President remains committed to bringing more transparency to government, and in this spirit the White House has posted legislation expected to come to the President’s desk online for comment.”

“We will be implementing this policy in full soon; currently we are working through implementation procedures and some initial issues with the congressional calendar. In the meantime, we will continue to post legislation on our website for comment as it moves through Congress over the next few weeks.”

So much for change we can believe in, I believe in what I see, results and actions, I leave faith to religion and spirituality only and not the realm of politics. Thus far Obama and Congress which from this point forward I will refer to the NICP or national insane clown posse, no office to the rap group to whom I do appreciate some of their works. Seeing the insanity that is going on over there in DC it is unbelievable they are going to get this pork laden, earmarked from hell, lobbyist and political payback bill pushed through straddling America with massive national debt and increasing our deficit to two or three times that of the last 8 years. Oh, and I can’t accept Barack’s EXCUSE of it was handed to him neatly packed and in a bow on day one, how pathetic is that? Leaders lead, not lie, cheat, talk out of both sides of their mouths and they sure as hell don’t go around laying blame and making excuses for it when the situation starts to turn on them. Every day this package is not passes is more time we get to peak inside and see how much more pork we can find, and thus far there has been enough to last our national food assistance program for years to come.

Thursday, February 5, 2009

Buy American - Testing cooler heads and resolve as the insanity train keeps on rolling

It’s nice to see how so many highly positioned people in the American government are so clueless about how the modern world and its interconnected economies operate that they can start a storm in a tea cup. Senator Byron Dorgan D-ND and Rep Peter Visclosky D-IN both have sparked off an international debate that could well lead to a series of counterproductive nationalistic measures with their “Buy American” clause in the now $900 billion (and growing) US stimulus package. This has a real potential to slowing down global recovery and sending our current trading partners into stalled wheel spinning situation and possibly worse. President Obama is beginning to pull out the John Kerry style answers and flip flopping on the issue by endorsing it, remaining silent, and now weakly opposing it.

Senator Dorgan backtracked in USA Today and tried to explain himself more clearly, little good that did as the EU, Canada, Brazil, China, India, and others have all began to line up countermeasures and their own punishments against American if the already passed House bill passes the Senate and Obama signs it as is, and they all are strongly warning against it. Well Mr. Dorgan, I hope you are proud of yourself because the perception in the world is you are instituting protectionism policy and we all know perception is reality in the real world and not fantasy lefty bazaaro world where most liberal politicians live (exhibit 1 and 2, Pelosi and Reid). Their strong reactions all state clearly that these measures will not be taken lightly or sitting down but will be answered with action, so even if they are not intended to do such, thanks for the party Mr. Senator because you got it going on now!

Let’s look at what we can about the facts first. The passage in question is stated by its author as specifying that "if American tax dollars are used for construction or infrastructure work then domestically produced and manufactured goods need to be considered and used when all possible”, paraphrased of course. If you want to see how effective this is talk to the tax payers in San Francisco who funded a massive bridge repair and used similar policies and were fleeced out of $400 million that could have been used to fund any number of cockamamie liberal leftwing-nut ideas America’s most liberal city has. The state of California could sure use that $400 million now with their budget crisis, the worst of all 50 states! Reality is sure a bitch when it falls out of sync with ideal liberalism day dreams these rulling Democrats have. Sure the use of the steel in the bridge refitting project employed American steel workers, rail workers, and truckers, but how good of a deal was it?

The liberal Democrats are tripping all over themselves in Washington DC now trying to ‘save the day’ by nationalizing this or that, and spend spend spend our way out of the crisis so as to ‘not let a good crisis go to waste’. This particular buy American measure is just another shinning example of short sighted, illogical, out of touch with reality, (and in the pocket of lobbyist, special interest groups, and trade unions as well as how ignorant to how modern economies operate) these people passing our laws really are. Where is the ‘Hope and Change’? From here the government is being steered by the campaign contributors and special interest groups who funded the current lot of super liberals we have in power now instead of the ‘open, transparent, and accountable’ government we were all promised last fall. For every action there is an opposite and equal reaction; politics is not exempt.

America, over the past 20 years, has made many trade pacts, treaties, and alliances we can not just back out of now, or afford to if we could. During this time the world has changed, modernized, and begun to raise in wealth, influence, and power. Europe has consolidated currencies and formed a super trade group we can not ignore. Emerging markets and rouge nations are exploiting their natural resources to fund expansion and projects we just don't want to see fulfilled. Our old enemies are striking allegiances to rebuild their power and they would love to see us crippled and isolated economically through this. We live in a global economy, period. Trying to turn back the clock now will disrupt the entire balance and spark off conflicts, digressions, and problems we really can not afford to see happen.

The benefactors of this buy American clause will be few and far between the much lauded 20,000 daily unemployed people Dorgan mentioned. Politicians may be many things, ignorant and stupid among them, but one thing they really know how to do and do well is to lie and manipulate those who elected them so smoothly it seems natural. Buy American and keep jobs here to help our people, they proclaim loudly. Sure, if Americans wanted to and could afford American made goods. Now this is the distracter they use to get deaf, dumb, and blind sheep of the masses to follow them. Their measure is mainly for the steel, concrete pre-fabrication, and construction industries. A real hard look at the jobs saved, created, and impact on the nation as a whole spells out the total opposite, net job loss!

How many of the 20,000 a day newly unemployed people can readily go to work in one of these fields today? 1,000, 500, 100? Steel workers are unionized, you have to join the union to get the job, and that could take years to go through plus the hassle of staying in a union. Concrete, its hard and dirty work, been there and done that and nearly ended up in the hospital for it. Construction, again mostly unionized, and they tightly limit the access to card carrying members only. So what jobs can be saved and how many real jobs can be created by this? How about saving this stimulus of tax payer money to put real SUSTAINABLE projects together? All the pork in this every expanding stimulus package is giving all us Americans high cholesterol and blood pressure and not a real long term survivability plan. Saving 5,000 steel jobs over the next year is great, but what about when the stimulus funds and programs run out? These steel workers will be on the unemployment lines then and have just delayed their fate by a few months. I keep saying it again and again, we can not compete with emerging markets cheap labor! Stop trying, instead shift the work force into a more highly trained, skilled, and educated one that can lead the world with new technologies, innovations, and specialties that emerging markets can’t! Stop clinging to the ways of the 20th century! Wasn’t this election about looking forward and not backward, oh sorry wrong party and candidate.

What are the pitfalls of this folly of protectionism? Domestic downturn as tax dollars are wasted and run out faster, unemployment is only staved off until demand runs dry when the projects are completed, goods made from these sectors will increase in price and production time as oversea supplies collapse as trade reprisals and spats escalate, WTO legal action, US based companies like GE (50% of their work comes from overseas contracts) Caterpillar, AIG, BoA, Met Life, Goodyear, etc. all loose market share and profits as oversea work erodes or goes away completely, allied trade partners break alliances and begin trading with the EU, rouge nations, or worse our enemies therefore strengthening opposition to American products, goods, and reputation abroad, America’s image as a fair and friendly nation, America’s reputation as a friend to emerging markets and supporter of human rights, numerous devastating and destabilizing humanitarian crisis as foreign economies weaken more and unemployment takes root in nations who just recently clawed their way out of poverty, oh, that is all I can think of off the top of my head.

The truth is the reaction to this action would be bad for not only America but for the world in the long term. The media is now pouncing on this as stupidity, LA Times, NY Times, Wall Street Journal, and others all state this would set off global trade wars that could put is into worse economic climates for the foreseeable future. The independent Peterson Institute for International Economics has stated in a published review this week of the measure that is will cost America more jobs then it saves in the short term! Now Obama can smell the political decay of those backing the measure and is getting an earful from Canada, Briton, the EU, Brazil, China, and others that if this happens they will act, act swiftly, and act decisively to protect their own interests against America and he his scared of being part of it. In an ABC interview this week President Obama stated “I think that would be a mistake right now. That is a potential source of trade wars that we can’t afford at a time when trade is sinking all across the globe.”

Buy American was a great idea in the 1990’s, but we consumers laughed at it all the way to the bank as we passed up over priced union made goods for cheap labor foreign produced goods. Well, that was almost 20 years ago and we can’t reverse course now. In the light of the crisis we are in, if we tried to force the country or even cities to buy American then prices, inflation, and taxes would have to rise to such a degree Mexico would look at us with pity and shake their heads in dismay. Just as the times of that Great Depression saw the end of the agriculture age in American as farmers flooded cities for work and jobs, the paradigm is shifting again. Instead of fighting it we need to embrace it, learn from the mistakes of the past and put the majority of our current manufacturing sector into history where it belongs. Spend stimulus funds on re-education, high-tech job training, and American unique job sectors instead of extending unemployment, pork barrel pet projects that will only lead to higher taxes to sustain after the stimulus money is gone. Spend the money on modernizing our education and medical sectors so we can compete with superior education systems in China, Japan, India, and other nations who have passed us up on reading, science, and math and STOP dumbing down education because you think inner-city youth are not as smart. Yes, we need help now, but we need the right kind of help, not the kind that postpones the pain for 6 months to a year. Use the money to push the country into a new era, a 21st century era, an era where we can dominate and excel, not scrape by and follow the same path we have for the last 90 years because that is not progress, that is stagnation.

Typical of liberal leftwing thinking, they are putting the cart before the horse and not thinking beyond their current Senate or House terms to the long range impact and message this measure would make to the world. They are being bullied by their union cronies, lobbyist financiers, and fellow crackpots who can only think up good ideas while stoned, drunk, or half asleep in their vacation homes or cocktail parties. The world is much smaller then it was in 1930, 1980, 1990, or 2000. The cold hard reality is China is the largest holder of US currency, debt, and the only country who can and is willing to look at buying enough treasury bonds to keep the Pelosi’s, Reid’s, and Obama’s of the Democratic party in a job and our country from falling apart. The cold hard truth is that our national security and survival depends on the existing trade alliances we have and keeping them strong enough to withstand the temptation of our trade partners from making our enemies richer and more powerful.

We Americans have been the richest and most powerful nation on the planet for 60 years and we are the example for emerging countries. Our actions are felt far beyond our borders as this present economic mess painfully demonstrates. If we begin to turn our back on the world now, and doing this will signal that we are doing so, then we can expect to lose the small shred of credibility we have left and Mr. Obama and the liberals ran their campaign’s on the mantra of restoring our place in the world to a respectable and honorable nation, protectionism and perceived protectionism policies will accomplish just the opposite, we will look like spoiled brat, pick up our toys and go home when upset, children that we are.