Today, the Democrats passed their so-called “bank bill.” In reality, this isn’t so much a bank bill as it is a move by the Democrats to take control of the US economy. They have taken over AIG and GM. With the health care bill, the federal government set itself up to take over the health care and health insurance industries – as the news stories tend to put it, fully one sixth of the US economy.
Obama’s socialism is failing. His bank bailouts haven’t saved the banking industry. His economic stimulus bill hasn’t improved the jobs market – though President Obama does seem to enjoy lying to the American people about how much worse the economy would be without his wasteful spending. And with these ever-increasing regulations, the Democrats are once again trying to lie to America, attempting to finagle the people of America into believing that their socialist policies might actually do something to fix our economic problems.
This couldn’t be further from the truth.
The Democrats are trying to pull a big lie/little lie sting on America. The small deception is the lie that the AIG/stimulus/heal care/wall street takeovers will have a net positive effect on the American economy. The large deception is the lie that the Democrats are actually trying to help the American economic situation.
The Democrats aren’t trying to help the American economy, they are trying to take over. The problem for the Democrats is that the more they trample on the Constitution, the more they enable the Republicans to do so when they take power – and they will take power. The political pendulum tends to swing back and forth, as the American people vacillate between one lying political party and the other.
The truth rests in between the lies of these two parties: the government needs to maintain some control over the US economy, but moderation is the key to success. It was, after all, lack of government regulation of Fannie May and Freddie Mac that helped to bring on the US financial crisis in the first place.
It was over-regulation that led to the Deepwater Horizon disaster being so far out to sea that the best minds in British Petroleum and the Coast Guard couldn’t “plug the damn hole” until very recently. On the flip side of that coin, it was government corruption and lack of regulation that led to the circumstances that caused the Deepwater Horizon disaster.
In like manner, it was over-regulation that forced banks to make bad loans to people who couldn’t afford them. The powers-that-be in the federal government believed that artificially inflating the housing market was more important than making responsible loans to people who could afford them. At the same time, Chris Dodd, Barney Frank, and other politicians in the Banking Committee wouldn’t allow proper regulation of Fannie Mae and Freddie Mac because they were taking sweetheart deals.
The truth is that the American people can’t trust either side of the political aisle with the kind of power the Democrats are currently taking through this banking bill. It is exactly the ind of thing the Democrats will take advantage of while they’re in power, then will complain about when the Republicans take over.
To trust either political party with the kind of power the Democrats continue to flirt with would be a monumental mistake on the American people, but the Democrats are continuing forward regardless. It’s almost as though they have designs on the upcoming elections, either in 2010 or 2012. Either way, the Democrats are up to no good, and the Republicans cannot be trusted to reverse this trend enough to matter over the long-term.
The Democrats don’t just want to create a nanny-state, they want to create a mommy-state. Are you hurt? Mommy will heal you. Unemployed? Mommy will take care of you. In poverty? Mommy will support you. Not a US citizen? Mommy will change that. The Mommy State will keep you safe and warm and happy.
No political party can be trusted with this kind of power, and no political party should be. This is why we have a Bill of Rights, but the parties are all too willing to ignore the rules and remake the government in whatever way will maintain their power and keep them in control of the people.