Atlas is shrugging...

John Galt is here. He is destroying business and investment in this country, just like in Atlas Shrugged. In Ayn Rand's novel, John Galt was a man who worked as a destroyer to fight the policies of an increasingly overreaching government bent on destroying the free market and punishing achievement. In this case, he is not a lone man. He is the higher income earner who does not want to subsidize people who do not pay their mortgage or cannot provide for themselves. He is the business owner who is cutting his earnings to make less than $250,000 per year. He is the investor refusing to invest. This is a good article about him.

President Obama does not believe in the free market, he does not believe in achievement. He believes in punishing achievement and rewarding failure. By putting his Marxist policies into action, he is doing the same thing the looters were doing in Atlas Shrugged. People are trying to figure out how to make less than $250,000 per year so they do not have to pay more taxes under the proposed legislation. Investors are not investing. Look at how the stock market has been tanking. This is not President Bush's fault, it has actually accelerated under Obama. The people who drive the motor of the world have no faith in this man.

Obama does not intend for this to happen, but it is happening, through the law of unintended consequences. Most of us with a brain, knew this would be what our future had in store for us once Obama took power, but for some reason, this president, who is supposed to be so intelligent, is too stupid to see it. What does he really think will happen when you punish achievement? His policies are already starting to backfire. Small businesses are cutting productivity to avoid the tax hikes, and cutting productivity is never a good thing. When productivity thrives, so does the economy. It is a lose-lose situation to cut productivity, but they are doing it for a higher purpose. They are doing it based on principle.

Or maybe there's something more nefarious at work. Maybe he wants business to fail and the market to tank, or if not him, the socialist puppeteers who are pulling the strings behind the scenes (maybe his heart is in the right place and he is just being used, but somehow I doubt it.). Why would they want this? Simple, so they can say that the free market does not work (even though it has worked for over 200 years) and instate their socialist agenda. If they get everyone dependent on government to survive, think of all the Democrat voters this will create. Not to mention the power aspects of having total control over people's lives. Democrats love to have more people depend on government, because these people typically do not vote Republican or Libertarian.

Obama's government is a perfect representation of the government in Atlas Shrugged. There is a financial crisis, which is now aggravated by government interference, and the typical response by big government types is to respond with more government interference. Which will make things even worse. John Galt wants to put an end to this. We will no doubt experience years of hardship because of this. But, I cannot say I am opposed to it (Atlas shrugging, that is, not Obama's Marxist policies). Hopefully the American people will get the message before it is too late.

LibertyWatchdog@gmail.com

Here's something the media will not tell you...

Apparently, President Obama's approval ratings one month into his presidency are lower than those of President Bush's at the same point in his presidency. I know, it does not mean anything, I just thought it was interesting.

LibertyWatchdog@gmail.com

Create or save 3.5 million jobs...

President Obama's claim that the economic spending act will create or save 3.5 million jobs is an ingenious one from a political standpoint. Economists would agree that there is no way to tell how many jobs anything saved. Most people do not realize this. So, when the bill only creates half a million jobs (seems like a lot, until you look at the price of the bill, spending almost a trillion dollars to create five hundred thousand jobs, that is not good economics), Obama can go around saying that it saved 3 million jobs. Nobody will be able to prove either way how many jobs it saved, if any. The media lapdogs will just happily report that our leader has saved 3 million jobs and most people will not question it. The wording in that claim was a brilliant political move, but that is all it is, a political move.

LibertyWatchdog@gmail.com

The vicious cycle...

So, our economy is doing poorly right now. President Obama's response is to spend money and raise taxes on businesses, which will further the burden on taxpayers. Since this will add to the strain, we will no doubt, experience further economic hardship and Obama will respond by raising taxes and spending more money, which will further burden taxpayers, and Obama will spend more, etc... The cycle begins. Where does it end? It ends with government gone wild. It ends with no accountability from anyone (cannot pay your mortgage? Big brother will be happy to take someone else's money and use it to pay yours.). It ends with business owners giving up and moving on. Atlas will shrug.

If we have seen one thing, it is that the market will right itself. Roosevelt's New Deal did not bring us out of the Great Depression, WWII did by putting people back to work. Obama's new deal will not bring us out of this situation. It will, in fact, hurt our chances of recovery. Adding government to the equation will cause nothing but strain and more hardship.

LibertyWatchdog@gmail.com

So we are a nation of cowards...

Attorney General Eric Holder says we are a nation of cowards when it comes to racial discussion. He was basically saying we are afraid to discuss sensitive racial issues. This is a bunch of b as in "B" s as in "S." If a white person says something a black person does not like about race, the whole conversation degenerates into name-calling. The white person is branded a racist and that is used as an excuse not to listen to anything that person ever has to say again. Then, Jessie Jackson makes rhymes and Al Sharpton yells and screams, and the whole thing devolves into a name-calling and yelling match and no progress ever gets made. I do not blame people for not wanting a conversation to degenerate into schoolyard name calling. Conversations on race usually become so juvenile, why would you want to waste your time having them?

I would submit that people are not afraid to have a racial conversation, they just know where it will lead, so they tip toe around it. We have to walk on eggshells so we do not get called a racist. Give it a rest. If we are ever going to have a serious racial conversation in this country, this automatic, reactionary labeling of "racist" is going to have to stop. Try talking about the facts instead of downplaying everyone else's points by calling them names.

LibertyWatchdog@gmail.com

The mortgage plan...

President Obama was in Mesa, AZ to unveil his mortgage plan. He made a speech about it, making sure to hit all of the points, about people losing their jobs and draining their savings, trying to be responsible. I understand, and I feel bad for those people. Here is where I have a problem with him. At the end of his speech, he said this: "But if we move forward with purpose and resolve - with a deepened appreciation for how fundamental the American Dream is and how fragile it can be when we fail in our collective responsibilities." Excuse me? Since when is someone else's mortgage part of MY "collective responsibility?" I am sorry, but other people's mortgages are not my responsibility. I did not sign their contract for them. I had no part in negotiating their loan. Perhaps they would be better off renting. Anyone out there who works hard to make sure your mortgage is paid on time every month, Obama has just spat in your face. This collective responsibility nonsense is just more socialist rhetoric from Obama.

LibertyWatchdog@gmail.com

Ridiculous...

President Obama flew to Denver to sign the spending bill. It made a wonderful photo op for him. It makes everyone feel good in these tough economic times. Here is the problem. It costs taxpayers about $60,000 per hour to fly in Air Force One. He could just as easily signed the bill in Washington, but he had to have his photo op in Denver. In these times, can the country really afford his flying to Denver just to get some good press coverage? We are in tough times right now and our president ought not be spending $60,000 per hour to do something he can do at home just as easily. Can we really take him seriously anymore? Yes, he can use Air Force One as he pleases, but this is just insanity. But, I guess if he is already wasting almost a trillion dollars in taxpayer money, what's a few thousand more?

LibertyWatchdog@gmail.com