Tag Archives: Road to Serfdom

Are Obama’s bailouts just pay-offs to left-wing special interest groups?

We looked at whether Al Gore’s global warming alarmism was just a scam to increase his already considerable wealth by misleading people desperate to find meaning in life with a bunch of faith-based lies. This time, let’s take a look at Obama’s bailout activities and see whether the the bailouts are to stimulate the economy, or to reward people who voted for him.

For instance, California recently cut $74 million from its state budget by lowering the salaries of unionized workers. How did Obama respond? By threatening to withhold stimulus money unless the unions got the money back.

The radically leftist Los Angeles Times has the story. (H/T Hot Air)

Reporting from Sacramento — The Obama administration is threatening to rescind billions of dollars in federal stimulus money if Gov. Arnold Schwarzenegger and state lawmakers do not restore wage cuts to unionized home healthcare workers approved in February as part of the budget.

Schwarzenegger’s office was advised this week by federal health officials that the wage reduction, which will save California $74 million, violates provisions of the American Recovery and Reinvestment Act. Failure to revoke the scheduled wage cut before it takes effect July 1 could cost California $6.8 billion in stimulus money, according to state officials. …

The wages at issue involve workers who care for some 440,000 low-income disabled and elderly Californians. The workers, who collectively contribute millions of dollars in dues each month to the influential Service Employees International Union and the United Domestic Workers, will see the state’s contribution to their wages cut from a maximum of $12.10 per hour to a maximum of $10.10.

And we know from Michelle Malkin that Obama is pressuring private companies to shaft their shareholders in order to give his union buddies a better deal than they deserve.

Greed is good – until it gets in the way of a union-friendly restructuring deal. President Obama, generous recipient of Wall Street largesse, angrily derided a group of hedge fund managers this week as “speculators.” The miffed president suggested that uncooperative firms were selfish for holding out on the government’s Chrysler bankruptcy plans and refusing to make “sacrifices” to benefit the United Auto Workers.

The “sacrifices” involved Chrysler debt holders agreeing to sell the debt to the government at prices determined by union-beholden bureaucrats instead of bankruptcy courts. The hedge firms balked. Obama sneered that the dissenters were looking for “unjustified taxpayer-funded bailout.” But the holdouts never took banking bailout funds from Washington. And the targeted financial executives were simply doing what good money managers are supposed to do: put their clients’ fiduciary interests first.

Michelle Malkin also reports on how Obama wants another $19 billion for his peeps at Fanie Mae. Remember, democrats caused this recession by forcing banks via regulations to make loans to Democrat voters against all common sense. Obama gets happy leftist feelings of superiority by redistributing wealth from the producers to the victims. And he thinks that if you went to expensive private schools and Harvard thanks to a rich grandmother, then you would feel good about him redistributing your money, too.

The story from Yahoo News Michelle links to says:

Fannie Mae (FNM.P), the largest provider of U.S. home mortgage funding, said on Friday it needs more capital from the U.S. Treasury after a $23.2 billion loss in the first quarter, and warned government housing programs would cut deeper into its profitability.

The government-controlled company said its regulator requested $19 billion from the Treasury under a funding commitment that on Wednesday was doubled to $200 billion. The credit, in the form of senior preferred stock purchases, was established as soaring losses led the government to push the company into conservatorship in September.

As the nation’s housing market reels in its worst downturn since the 1930s, credit-related expenses accounted for the majority of Fannie Mae’s loss, at $20.9 billion. It also took a $5.7 billion loss on mortgage securities.

Provisions for credit losses soared 85 percent as the U.S. economy faltered, expanding delinquencies — which have wreaked havoc on the entire financial system — to consumers with better credit, it said.

Oh, and here is news of a prospective bailout of Obama’s buddies in the left wing media.

Inquisitr.com and Free Republic reported: (H/T Gateway Pundit)

At the annual White House Correspondents Dinner in Washington DC Saturday evening (May 9), President Barack Obama ended on a serious note, pledging his undying support for journalists and specifically newspapers.

President Obama spoke about media job losses and changes in the industry, then quoted Jefferson, “if he had the choice between Government with newspapers or newspapers without Government, he’d choose the latter.” The gushing was perhaps understandable at a press function, but it’s what he said next that foretold of a newspaper bailout.

Obama told the crowd “Your ultimate success is essential to success of our democracy” before shortly saying “Government without a tough and vibrant media is not an option for the United States of America.”

The notable thing in context is that Obama primarily in the speech talks about newspapers, with other media outlets being mentioned second (collectively), or when making a joke (for example, noting that Jefferson hadn’t seen Cable News.) It would appear from the speech clearly that Obama holds the mainstream media, and particularly newspapers above online media. It is clear that when he talked about “tough and vibrant media” that he is referring to mainstream media, and newspapers in particular.

He concludes with the line that the problems in the media industry are “problems worth solving,” which sounds an awful lot like the final word that there’s going to be a newspaper bailout.

And remember I blogged recently about Michele Bachmann’s effort to prevent taxpayer money from going to ACORN while they are facing criminal charges.

It’s like Bush and Haliburton. Only that Bush stuff never actually happened, but this Democrat stuff is actually happening. Everything the Democrats hated about Bush? Like opposing dissent and free speech? Bush never did any of it. Democrats are the ones who are authoring hate crime bills and criminalizing blogging. Yeah, fascism is a solely a phenomenon of the left. Always has been, always will be.

It’s official: Obama’s socialism will lead to fascism

Homeland Security's new enemy!
Homeland Security's worst enemy! (H/T Nice Deb)

Looks like Obama suspended the war on terror abroad… only to start it up again… at home!

What is fascism and how is it caused?

Fascism is the political system that results when the state imposes its values on its citizens and represses individual values. The traditional view of free-market capitalist conservatives is that socialist efforts to “fix” financial inequalities by redistributing wealth in a planned economy inevitably ends in fascism. This is despite the fact that fascism is never the desired or intended result of well-meaning socialists.

This thesis is presented in a famous book called “The Road to Serfdom“, written by Nobel prize winning economist F.A. Hayek. This is the book that guided champions of free-market capitalism and individual liberty such as Ronald Reagan, Margaret Thatcher, and today, Stephen Harper.

What the Department of Homeland Security wrote

Let’s take a look at the latest report from Barack Obama’s Department of Homeland Security.

Michelle Malkin has the complete story here. (H/T The Western Experience)

Yesterday, Roger Hedgecock and the Liberty Papers posted an unclassified DHS Office of Intelligence and Analysis report titled:

Rightwing Extremism: Current Economic and Political Climate Fueling Resurgence in Radicalization and Recruitment.

The “report” (PDF file here) was one of the most embarrassingly shoddy pieces of propaganda I’d ever read out of DHS. I couldn’t believe it was real.

…I spent the day chasing down DHS spokespeople…[and] the press office got back to me and verified that the document is indeed for real.

Below, Michelle has the actual quotes from the DHS report.

Here are some questions for you:
Are you for federalism? Are you for limited government? Are you for immigration law enforcement? Are you pro-life?

If you answered “yes”, then the Obama regime thinks that you are a potential terrorist:

Rightwing extremism in the United States can be broadly divided into those groups, movements, and adherents that are primarily hate-oriented (based on hatred of particular religious, racial or ethnic groups), and those that are mainly antigovernment, rejecting federal authority in favor of state or local authority, or rejecting government authority entirely. It may include groups and individuals that are dedicated to a single issue, such as opposition to abortion or immigration.

Here are some more questions for you:
Are you a free-market capitalist? Are you in favor of personal responsibility? Are you for legal firearm ownership?

If you answered “yes”, then the Obama regime thinks that you are a potential terrorist:

Rightwing extremists are harnessing this historical election as a recruitment tool. Many rightwing extremists are antagonistic toward the new presidential administration and its perceived stance on a range of issues, including immigration and citizenship, the expansion of social programs to minorities, and restrictions on firearms ownership and use. Rightwing extremists are increasingly galvanized by these concerns and leverage them as drivers for recruitment. From the 2008 election timeframe to the present, rightwing extremists have capitalized on related racial and political prejudices in expanded propaganda campaigns, thereby reaching out to a wider audience of potential sympathizers.

And there’s more in the report:

Over the past five years, various rightwing extremists, including militias and white supremacists, have adopted the immigration issue as a call to action, rallying point, and recruiting tool. Debates over appropriate immigration levels and enforcement policy generally fall within the realm of protected political speech under the First Amendment, but in some cases, anti-immigration or strident pro-enforcement fervor has been directed against specific groups and has the potential to turn violent.

And more:

DHS/I&A assesses that rightwing extremists will attempt to recruit and radicalize returning veterans in order to exploit their skills and knowledge derived from military training and combat. These skills and knowledge have the potential to boost the capabilities of extremists—including lone wolves or small terrorist cells—to carry out violence. The willingness of a small percentage of military personnel to join extremist groups during the 1990s because they were disgruntled, disillusioned, or suffering from the psychological effects of war is being replicated today.

And more:

DHS/I&A will be working with its state and local partners over the next several months to ascertain with greater regional specificity the rise in rightwing extremist activity in the United States, with a particular emphasis on the political, economic, and social factors that drive rightwing extremist radicalization.

The Anchoress, unlike me, is more calm and circumspect. But, with her characteristic perceptiveness, she adds this warning:

Dissent – normal, healthy political dissent – which was “patriotic” just six months ago, and expressed without encumbrance throughout our history (until now) seems to be under attack….

As some of us have noted, everything that was projected on to the Bush administration is finding real expression in the Obama administration. I’m still waiting for the part where those who predicted that “Bush will declare martial law and never allow another election” pooh-pooh the right who say it of Obama. You know it will happen.

So, you see…we’re in a bad place, in these United States.

So let’s be clear. In my opinion, the United States is now on the road to fascism. Every single person who voted for Obama put us on that road to fascism. The United States of the Founding Fathers has been obliterated by the government-run schools, the leftist media, and our own invincible hedonism. Our liberty, and the liberty of nations struggling against socialism, (i.e. – fascism), worldwide, is now in jeopardy.

To end on a positive note, Open Market has something hopeful to say about possible remedies:

Government agencies that investigate people for their “politically incorrect” views can be held liable for violating the First Amendment, as happened in White v. Lee (2000), where a federal appeals court held that federal fair-housing officials could be sued individually for punitive damages for investigating citizens who spoke out against a group home for the disabled (in that case, mentally-ill substance-abusers).

Let’s hope that Bush appointed enough strict constructionist judges, he was pretty good at doing that.

Further study

Nice Deb is making light of the story here by comparing Democrats like Obama’s friend Bill Ayers, (a non-terrorist who just tried to blow some innocent people up), with authentic terrorists like little Republican girls who still believe in the Constitution.

Here are books on liberty that people today don’t read, but they should. They really should. Because God knows, those secularist socialists in the government, and the people who voted them in, sure haven’t. Atheistic communism lead to the deaths of 100 million people in the 20th century alone. Is that what we have to look forward to in this country? Ideas have consequences.

An abridged version of The Road to Serfdom is here.

UPDATE: Michelle Malkin’s syndicated column is here.

Why Obama’s big government socialism leads to secularism

I have been browsing on a few forums, including forums that discuss Christian apologetics. Imagine my surprise when I encountered pro-Obama, pro-socialism statements by people who are supposed to be informed about these issues.

Well, I found an article over at Mercator Net, (an Australian web site), which might be useful for Christians who are sympathetic with Obama’s pacifism, redistribution of wealth and creeping fascism. I want to argue that his policies are inconsistent with Christianity.

First of all, the article notes that Obama did gain a significant number of votes  from religious Christians.

In 2008, according to CNN exit polls, Obama won forty-three percent of the presidential vote among voters who attend religious services once a week or more, up from Senator John Kerry’s thirty-nine percent in 2004. Obama did especially well with Black and Latino believers. But he also made real inroads among traditional white Catholics, according to a recent article by John Green in First Things.

The article describes Obama’s spending, (which I discussed here), and then comments on the significance of that spending for religious institutions, like churches and charities.

To fund his bold efforts to revive the American economy and expand the welfare state, Obama is proposing to spend a staggering $3.6 trillion in the 2010 fiscal year. Obama’s revolutionary agenda would push federal, state, and local spending to approximately 40 percent of Gross Domestic Product, up from about 33 percent in 2000. It would also put the size of government in the United States within reach of Europe, where government spending currently makes up 46 percent of GDP.

Why is this significant for the vitality of religion in America? A recent study of 33 countries around the world by Anthony Gill and Erik Lundsgaarde, political scientists at the University of Washington, indicates that there is an inverse relationship between state welfare spending and religiosity. Specifically, they found that countries with larger welfare states had markedly lower levels of religious attendance, had higher rates of citizens indicating no religious affiliation whatsoever, and their people took less comfort in religion in general. In their words, “Countries with higher levels of per capita welfare have a proclivity for less religious participation and tend to have higher percentages of non-religious individuals.”

The article goes on to explain the chain of casusation from big government to secularization. Read the whole thing.

But this should be no surprise when you recall Nobel prize winning economist F. A. Hayek’s thesis in his landmark book “The Road to Serfdom”. His thesis is that the natural endpoint to all systems of government that control the means of production is fascism.

Fascism is a left-wing ideology, in which the state substitutes its own values, meanings and purposes for the values, meanings and purposes of individuals. There is no such thing as fascism on the right, because people on the right are free market capitalists who prefer small government and individual liberty.

To see how fascism destroys individual liberty and freedom of conscience, consider:

  • Obama’s plan to force hospital workers to perform abortions against their conscience
  • Obama’s forcing of taxpayers to pay for abortions here and abroad against their conscience
  • Obama’s forcing of taxpayers to pay for embryonic stem cell research against their conscience
  • Obama’s forcing of students to attend government run schools instead of private schools of their choice
  • Obama’s discrimination against religious schools in his spendulus bill
  • Obama’s plan to force some workers to join unions against their will and fun left-wing union political activism against their will
  • Obama’s forcing individuals to let Washington run their health-care

I could go on. And on. And on and on and on. But the point is that electing a socialist put us on the road to fascism. As IBD notes, socialists want to force-feed (podcast audio) their worldview onto an unwilling populace by any means – from government-run schools to news media.

I think that Christians need to do a much better job of understanding how our religious liberty hangs on small government and the free market. And remember: this crisis that Obama is “fixing”: it’s the Democrats who caused it, while Republicans tried to stop it.