Beware the need for speed! Your government has kicked in the afterburners to push through some very questionable changes and threats to our Constitution without the traditional process of deliberation. Tell me this. If the Obama Administration believed that the money and powers it was seeking would easily pass public muster and scrutiny, would they have a need to move freight car loads of legislation at breakneck speeds designed to limit public awareness, discourse, and comment? Would they rapidly seek power to seize public non-banking corporations because they deemed them a risk to the economy? Would they rapidly seek power to limit executive pay at all companies, not just TARP recipients? Would they rapidly encourage creation of a new world currency in place of the dollar? Would a Democratic controlled Congress move to limit debate and quash filibuster, as they are doing, if these were not highly questionable actions and powers being sought? The answer is categorically no, but there are moving that quickly!
Whatever happened to the Constitutional prohibition in the Bill of Rights of illegal and unreasonable search and seizure or due process? Today, we have the bankruptcy code to provide due process in any seizure of an insolvent company. Now the Obama Administration wants to be the arbiter of what company survives or is extinguished. Under questioning from Congresswoman Blackburn, Secretary Timothy Geitner either did not know the difference between constitutional authority to seize property and a simple law passed by Congress, or he knew and just feigned ignorance.
The Obama Administration wants to cap executive pay. Whatever happened to the shareholders – you know – the owners of the business? Why does our government need to get involved in a strictly capitalism issue? If you want to cap executive compensation and you feel that boards of directors are not adequately protecting shareholders, give shareholders the ability to vote on executive pay of their executives, annually. When any and all executives of a company are seeking to receive compensation of base pay and bonus or incentives in excess of a multiplier of the median total corporate compensation, give the shareholders the ability to vote on the matter. If the median compensation is $50,000, then a multiplier of 50 is applied, or any other multiplier that works, the shareholders would need to approve any total compensation package, excluding any five or more year restricted stock, of $2,500.000. Why does the government need to be involved? Why is the administration competent in this area – Mr. Obama has never run anything in his life, other that the nation for 60+ days? Why does he or the Congress feel that they know better? They don’t know better and know it. Their real goal is to control the economy and capitalism, as found in a socialism economic model. The best way to control capitalism is to control what capitalists make, thus controlling the capitalists.
The Administration is seeking oodles of money for Energy, Health, and Education. Yet the Administration has not put forth one page of detail on how that money will be spent. This alone should scare you sufficiently so that you want to run and keep running. Don’t run, fight back. We are not a country of fools, yet we are being treated as fools. We are experiencing not a march toward socialism, but a sprint toward socialism, and more importantly an attempt by a few to control our economic and political systems.
If you have never picked up a pen to write or a phone to call your representative in Congress, do it now! Let them know that you voted for a fix to the economy, not a power grab using the economy as the weapon. Take a good look at events and the fixes being applied. You will see that the fixes do not apply to the problems. This Administration is eviscerating targets to divert public attention to what they are really doing. They not only knew about the AIG bonuses, they approved them and wrote them into law – Geithner knew and approved them in the fall of 2008 as NY Federal reserve Bank Chairman. Yet, they feigned surprise and disgust at what amounted to less than one tenth of one percent of the total AIG bailout.
The Obama Administration is using the down economy to rapidly drive through significant radical changes to our country in the name of fixing our economy. They have not attended to the economy in any of their fixes. They do not want the economy fixed, because when it is fixed they can no longer use a down economy to mask what they have really been doing.
If you hear someone say we must give him a chance, then tell them that if you go to a doctor for a broken leg and he whips out leaches to “bleed” you, will you wait to give him a chance? No! You will run like the wind on one good leg. The same is happening today in Washington. The Obama Administration should be given a chance only if and when they are applying a fix that even remotely seems right. Take a good look at the current fixes in the previously passed bills and the bills now to be passed and you will see leaches being used and not good sound proven economic fixes. The solutions chosen by Mr. Obama are akin to leaches because they have never, yes never, worked anytime or anywhere else in the history of the world. In fact, the solutions he has chosen have been seen as abject failures throughout world history. More is at play than fixing the economy. This is not Denmark, but something is certainly rotten here.
Tell your elected representative “Not on my watch!”
Thank you for being a voice in the wilderness. I have been hearing these opinions on a lot of radio talk shows: Michael Savage, Rush Limbaugh, Hugh Hewitt, Glen Beck. Keep up the good fight!