AMERICAN BLINDNESS

Source

By: Wayne Brown


And there you have it ladies and gentlemen. The Super Committee has admitted failure in their ability to come up with the recommendations for the $1.2 trillion dollars in cuts to the federal budget. Actually, there are no surprises here. In fact the only shock would have been if they could have come up with some viable recommendations. As is the case too often in Washington these days, this was simply a dog and pony show designed to convince the voting public that their elected officials are working hard for them and trying to make the difficult choices. Of course, in light of the fact that those choices were not made, we will continue to spend at the same disastrous rate that we have in the past three years.


Finally, the taxpayers of America have found the one area in which bipartisanship still exists in Washington…”cronyism”…you protect my program and I will protect yours. Keep in mind as well that there never was an agreement to “cut spending” but more accurately an agreement to “cut the rate of spending” which is not quite the same animal. In fact, it should be an area in which agreement could more easily be reached as it does not do totally away with a given program but simply reduces the amount expended on that program in a given period. Still, there was no agreement in those areas.


There certainly are a lot of dogs in the hunt in this scenario. Most of them have their own self-interest at heart when the facts are all boiled down. Few if any have the guts to take steps necessary to achieve the spending reductions on which our future is hinged. Now, more than ever, Washington is simply a place where the taxpayer is victimized by the politics of both sides and ultimately turns out to be the focus of every effort which is put forth by this band of thieves. We have watched this same scenario play out over decades time and again only to sit before our televisions and listen to the President deliver the news that although much work and effort had been exerted, the only hope would be to increase taxes. Nothing in that scenario has changed except the public is getting far more knowledgeable about what a crock of politically mixed crap the whole explanation really is in the end. Hopefully, what it comes down to is the public will turn out the current crop of elected officials for their inability to act, clean the slate, and begin anew. At that point, the message will be in place…act or get out.


The Republicans, as usual, are afraid to act for fear that they might be construed as “strong-willed” in their attempt to bridle the out-of-control federal spending. Never mind that the voters handed them seats in the mid-term 2010 elections with just that scenario in mind. Of course, the Republicans are counting on the penalty for not achieving this task occurring so much later in the game that voters will not assign blame to their lack of ability. This failure becomes the set up for tax increases which will be demanded in 2014 to offset the continued growth in spending. These increases will not come from the rich as those on the liberal side of the aisle might want voters to think. No, they will be piled onto the burden of the middle class wage earner which is the only entity in the American society that is prevalent enough to generate the revenue streams necessary as this out of control government continues to grow in leaps and bounds bent on breaking the backs of the America society.


The Democrats do not want to accomplish anything. They have their marching orders from their great leader, the President. His 2012 re-election success cannot by any means come about by him running on his record of his first term in office. He must have a scapegoat to blame the outcome on and who better than a Congress which has failed to act? After all, what has Congress got to lose? It has an overall approval rating around 18% positive with the American public, why not let it take the dive? At any rate, Obama wants to be able to point his finger in blame at the Congress for not passing the necessary economic efforts that he had suggested in order to stimulate the jobs market and the economy. This leaves the voter with the false impression that his ideas would have worked if they had been implemented. Never mind the glaring $800 billion dollar stimulus mistake that he cooked up only to now point to it and say that it was not enough.


The Democrats, under Obama’s leadership, have shown that they have any intention at fiscal responsibility no matter what the state of the economic conditions in the country. The federal government has been without an operating budget since before Obama took office and during a time when the Democrats were in majority control of both houses of Congress. The message is clear and has been upheld over that time by Reid and Pelosi…we don’t care what it cost, the American taxpayer can just pony up. Even in light of the outcome of the 2010 mid-term elections, here is a political party thumbing its nose at the American voter and taxpayer letting it be clearly known that they intend to do whatever they damn well please and the rule of law and powers set forth in the Constitution be damned!


We have a country run amuck at the present. Young people are spending six-figures to acquire an education that outside the math and sciences is almost totally based in socialist propaganda. A sign recently carried by one of the OWS crowd read, “I spent $96,000 to get a degree in Gay and Lesbian Studies and I cannot find a job.” Well, duh? What could this person be thinking? When has there ever been a time in the economics of America that the demand for folks with degrees in the Gay sciences was through the roof? Where is the common sense? Where is the researching of the potential career prior to committing to it? We live in a time when information is literally at our fingertips yet this young lady is surprised. When do WE begin to take responsibility for our own decisions as we choose our paths in life?


The country is divided, no doubt. The President continues to build that divide with his inflammatory remarks regarding class envy in America. The young minds of America actually believe that corporate America is an evil place with no regard for the America public or the worker. Their assessment is made on the back of actions taken by the Clinton Administration which left loopholes in the laws regarding the home mortgage and financial industry that one could drive a truck through. When things are left that unguarded there will always be an element which elects to manipulate and take advantage in the name of greed and selfishness. This fact was pointed out under the Bush Administration yet the Congress of 2007, a Democrat-controlled one, saw no reason to take any actions allowing the problem to continue. Now, this same government wants to paint the private sector of America black and insinuate that those things which the private sector provides such as a thriving economy and job opportunities can be provided by an all knowing, all seeing, federal government. We can talk all day about how badly sectors of the financial market leveraged home mortgages and misled the public but it pales in light of the lies being perpetuated by our government officials. More government and bigger government is not the answer to our problems in America. In fact, it is the burden which will eventually sink the entire ship.


We are seeing the efforts that are being made to eventually pick a Republican candidate which Obama wants to face in his re-election bid. Herman Cain came into the sights first as he began to gain a majority momentum. Accusations of sexual harassment were piled high damning the man in the eyes of the public yet not putting forth any real evidence as to his guilt. Now the seeds of doubt are sown and it is anyone’s guess as to whether Cain’s camp can recover from the situation. One thing is clear, even if Cain has the resolve, if the donations to his campaign dry up, he is finished.


Now the media goes to work on Newt Gingrich. Though Newt has a long history in American politics, he is still a factor to be reckoned with in the present day. He is a factor Obama had not planned to deal with in the 2012 election but now Gingrich’s star is rapidly on the rise. Now the accusations come that Gingrich is a religious nut who is bound on eliminating the Constitution and installing religious tenets as a basis for governance. Here again, allegations which cannot be disproved but have total strength to create doubt and mistrust simply by the spreading of them. Could this be the same effort on Gingrich that we have already seen play out on Cain? Time will tell.


One can sit back and watch this political scenario play out. No matter who rises to the top, if it is anyone other than Mitt Romney, the political machine will go to work to destroy them. You see, Romney is acceptable to the Obama camp. He has a liberal Achilles Heel and cannot come after Obama in the manner in which the other potential candidates are free to do. Romney is a less viable candidate than McCain was in 2008 and everyone in the Obama camp knows it. Unfortunately, the Republicans are as quick, if not quicker, to run away from a potential candidate with any inkling of troubles than is the American voter. What a shame when the other side picks your horse for the race.


This is America today. This is what we have become because, we the American voters and taxpayers, have allowed the minority sector of our population to determine our fate as a country. Those policies and programs which are in place in Washington now are not representative of the desires of the vast majority of America but there are most certainly there. There are pork barrel programs out the ying-yang in operation today by our federal government yet those appointed to finding ways to reduce spending cannot find any viable methods by which to cut? One would have to be a damned fool to believe that the existing spending in place in the federal government in totally necessary and without pork or waste yet this is what those we have elected to office are telling us at this point. They are telling us that there is no place to cut and therefore it goes without saying that the only alternative is to continue to increase taxes in order to produce the necessary revenue streams needed to pay for this spending. What they do not point out to you is that every single one of them has some new idea for the spending of those new revenue stream dollars before they even start arriving in Washington. What they don’t say is that increasing taxes will not make one iota of difference as the debt will continue to grow.


As a public, we have been duped into the notion that our problems in America stem from the lack of revenue within the government so that the proper programs cannot be put into place to create jobs and stimulate the economy. We have been conned into believing that we should look to the government to fix these things when in actuality, it was the government that messed them up in the first place. We are led to believe that the only way out for us as a country is to raise more revenue and spend our way out. While this lie is being perpetuated, the burden of American debt grows larger and larger quietly beginning to reach a level at which its value meets or exceeds our Gross Domestic Product and spells bankruptcy for us as a nation. At that point, there will be not choices and the government will no longer have to lie. We will become prisoners of our own naïve belief that those we elected to office had our best interest in mind when they made choices on our behalf. Unfortunately, by that point, the joke will be on us as a public.


So, watch the members of the Super Committee come forward and talk about all the blood, sweat, and tears they exerted on this project only to fail. Watch Obama step forth and blame that failure squarely on the Republicans though the Democrat side of the aisle is an insult to the concept of democracy. The truth is they were destined to fail; they were appointed to fail. They achieved what they were supposed to achieve…validating an increase in necessary tax revenue downstream. Watch all this play out, then shrug your shoulders and head on down to the polls come election-day and cast your vote for another four years of this outrageous behavior in Washington and see where we end up as a country. Given our present circumstance, one cannot be sure we have the luxury of four more years .



©Copyright WBrown2011. All Rights Reserved. 11/22/2011


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Comments 48 comments

Happyboomernurse profile image

Happyboomernurse 5 years ago from South Carolina

There's a lot of painful truth in this hub such as this sentence: "Now, more than ever, Washington is simply a place where the taxpayer is victimized by the politics of both sides and ultimately turns out to be the focus of every effort which is put forth by this band of thieves."

I don't blame only one party and I get upset when either party casts blame on the other. There are so many tough decisions to be made and meanwhile all we get is no decisions- just a delay that pushes the problem beyond the election. It is truly maddening.


maxoxam41 profile image

maxoxam41 5 years ago from USA

"Out-of-control spending"? "The young minds of America actually believe that corporate America is an evil place"? "It was the government that messed them up in the first place"? Which government was it? It is easy to hide behind everybody's pseudo economical explanation of the government failure. The only out-of-control spending was for Wall-Street. Why is the policy the same because so far the common denominator between the Bush and Obama administrations is Geithner and co who belong to the Chicago school of economics.

Those not so evil companies are asking for a reduction in salaries for the Chinese workers who earn 130 euros monthly....

If you don't blame any parties, it means that you understood nothing. Where is the point in pontificating?


Escobana profile image

Escobana 5 years ago from Valencia

As a European woman, I so much hoped for the better, when Obama became President. I can remember to this day, where I was, when he was meant to 'save America'.

Unfortunately, I have to agree with the sad truth in your Hub. So much could have been changed, but it didn't. I wonder who will ever do so...

Voted up and shared!


Wayne Brown profile image

Wayne Brown 5 years ago from Texas Author

@Happyboomernuse...You speak much truth with your point. Sadly, the Republicans are spinless; the Democrats have lost their party to the socialist and we are left with a government which wants to ignore the Constitution. What a mess. WB

@maxoxam41...If you cant' see the out of control spending, you must not be looking. Americans are paying for everything from A to Z with political pork and that includes refurbishing mosques all around the world. I could care less what the price of labor is in China at the moment...they can worry about that in their own time. Wall Street is Wall Street...always has been. When the government attempts to manipulate markets to create false economies of scale using legislation, we end up with legal loopholes that allow abuse. I am not condoning the abuse but at the same time, the government needs to get out of the private sector and maybe we can then find the ability to create some jobs and produce some products. But you don't have to worry about that...just keep your mind on the price of eggs in China and see what that accomplishes. Apparently Obama was not worried about the cheap labor in China when he sunk over $500 billion dollars in government loans into a false front solar company. Yet again another example of the government sticking its nose somewhere it does not belong. There's plenty of blame here and it blankets just about everyone who hold elected office at the present so that makes for a lot to pontificate about I believe. WB

@Escobana...Obama does not embrace, mirror, or hold dear anything on which America is founded or based. He is a socialist pure and simple posing as the leader of a democratic republic. Obama is who he is...America is the one that failed in this equation in identifying his true nature and desire. He wants change and he talks of it all the time but the type of change he desires which he continually refers to as "fundamental transformation" is nothing less than a departure from a society which is governed by the principles set forth by the Constitution and the Rule of Law. Far too many Americans today believe they can trash these two concepts and not pay a price in terms of liberty. This is our tragedy in this country today. Thanks for the comments. WB


yellowstone8750 profile image

yellowstone8750 5 years ago from Taos, nm

Obama is no more a socialist than Limbaugh is liberal. You need to read some Marx. Obama is a left leaning centrist at best. You are correct though, neither party is worth crap. It is a mess.


Wayne Brown profile image

Wayne Brown 5 years ago from Texas Author

@yellowstone8750...If I believed that, I might be able to believe that he had America's best interest at heart. Limbaugh does not pretend to be a liberal not in any sense. I think you will agree with me to a greater degree if he does land a second term and you see the full extent of his efforts revealed. Hopefully, if that happens, Congress will have the power and the nerve to act to stop him. Otherwise, we'll all be whistling a George Soros tune. WB


maxoxam41 profile image

maxoxam41 5 years ago from USA

The problem is the ones that require a decrease of the Chinese disposable income are American companies that show that "they don't give a f--k" about people in China or in the U.S..

WHICH GOVERNMENT ARE YOU REFERRING TO? IT IS TIME FOR YOU TO GROW UP! Be more explicit, if you can! The private sector was always deified by the Republicans.

Were you that critical with the Bush administration? Let me guess! No. So far you did not point any of their abuses. But what can anyone expect from people stamped made in Texas.


Wayne Brown profile image

Wayne Brown 5 years ago from Texas Author

@maxoxam41...I certainly have my likes and dislikes of the Bush Administration. One you might appreciate is the fact that the administration pointed out the coming problems with the home mortgage sector when the 2007 Congress took office...the plea fell on deaf ears and quickly cured into the TARP project. Labor markets are relative and what they are and that will always be the case. Americans are not going to fix that on a global scale and the politicians have made sure that our own markets are wide-open to it much to the chagrin of American unions. Labor, product prices, etc. eventually, just like water, find a stable level. Too much of American labor has priced itself out of that competition. We cannot blame China or Mexico for that...we did it to ourselves. By the way, I have been grown up for a long time but let me guess...you are sleeping in a tent somewhere protesting what Wall Street has done to you? WB


WillStarr profile image

WillStarr 5 years ago from Phoenix, Arizona

Nearly two thirds of every federal dollar spent goes for some form of social program/entitlement, and forty cents of every dollar spent is borrowed.

A fourth grader could understand the folly of continuing that madness, yet the Democrats adamantly refuse to consider cutting even one dime out of social spending. That sort of spending keeps them in office, so there will never be any such cuts...until the whole thing collapses.

The Republicans want to increase revenue by cutting out tax loopholes, but rich Democrats like Nancy Pelosi and their friends want to maintain the illusion that they are paying a 'fair share', when they clearly are not, due to loopholes.

So what will it be...individual freedom or bigger government? We cannot have both.


vrajavala profile image

vrajavala 5 years ago from Port St. Lucie

Obviously, the only revolution that is going to do America any good is the Tea Party, who clearly want to reduce government. The real reason for the huge expansion of government was in the early 20th century with the establishment of the Federal Reserve as the holder of American wealth, and then the forcing of the Supreme court, by FDR, to yield to his socialist expansion. (ref. "The switch in time that saved nine" Chief Justice Owen Roberts)

that's why the Chilean model of retirement savings (as espoused by Herman Cain) will work.


yellowstone8750 profile image

yellowstone8750 5 years ago from Taos, nm

We could use another FDR right now. Sorry.


Wayne Brown profile image

Wayne Brown 5 years ago from Texas Author

@WillStarr...Good points Will. A damn fine argument as to why we need to reduce spending. WB

@vrajavala...Smaller government works for everyone who wants to achieve anything. Big governement is rooted in socialism and becomes the center of everything...not healthy for an economy. WB

@yellowstone8750...The sad truth is FDR was for the most part a failure after twelve long years of his socialist agenda. Few realized it at the time but we had no choice but to get into WWII to save our country economically...FDR didn't save it, the war did. WB


yellowstone8750 profile image

yellowstone8750 5 years ago from Taos, nm

To Starr, it was FDR's policies before the wr tht sved the country. We too often turn to war for economic stimulation without looking at the true cost--Americn life.


WillStarr profile image

WillStarr 5 years ago from Phoenix, Arizona

"To Starr, it was FDR's policies before the wr tht sved the country."

That's your opinion, but the facts don't back it up. Recovery began in 1939, and was largely due to demand for war materials from our allies.


yellowstone8750 profile image

yellowstone8750 5 years ago from Taos, nm

It is still weapons production.


maxoxam41 profile image

maxoxam41 5 years ago from USA

If you think the way you guess (me sleeping under tents would be an honor), upon fallacies, I'm just wondering why people read you. Don't flatter yourself, I read you totally randomly. It is a pity because you write well. What a waste! How can someone have his likes on the Bush administration and remain objective in his critic?


WillStarr profile image

WillStarr 5 years ago from Phoenix, Arizona

So now you admit that it was not FDR's socialist policies, as you previously claimed?


WillStarr profile image

WillStarr 5 years ago from Phoenix, Arizona

"If you think the way you guess (me sleeping under tents would be an honor), upon fallacies, I'm just wondering why people read you."

Because I don't write gibberish.


feenix profile image

feenix 5 years ago

Hello, Wayne,

Excellent, informative and hard-hitting post. I really do like what you had to say.

And when it comes to Obama, I believe that not only is he a polarizing force at this point in time, he will commit treason in some way or the other once he leaves office.

His being privy to all of the "State secrets" is a very dangerous thing.


Wayne Brown profile image

Wayne Brown 5 years ago from Texas Author

@maxomam41...Maybe you should read me more often. I have my likes of the Bush Administration because I live in a country where we (up to now) have had freedom of individual choice. I don't depend on the media to guide my thinking or my choices...I rely on common sense and the principles espoused in the Constitution. WB

@feenix...Amen to that observation. What a shame that a portion of America is so blind to this man. He is the most dangerous man who has ever held the office...hands down. By the time our nations comes to fully see that, it will be to late to recover from the damage he has brought. WB


mljdgulley354 profile image

mljdgulley354 5 years ago

Wayne the information in your hub is not what the people want to hear. Which is one reason I believe America is going down the drain.The question I have been hearing is...What is the point to vote? The people taking charge is already in place and voting polls are just a formality. That is what I have been hearing from our youth.


Wayne Brown profile image

Wayne Brown 5 years ago from Texas Author

@mljdgulley354...Our youth are constantly exposed to those who want to nurture socialism and even communism. They love to take young minds and wrap them around concepts which make no sense over time. The more people we can discourage from going to the polls, the smaller our voice gets. We start to become "Don Quixote" types jousting with windmills rather than staying focused on the issues at hand and demanding accountability of those in charge. Our young people of today are being led to believe that Obama is failing because the conservative aspect of America is dragging him under. They fail to see that conservatism is all that is holding back a runaway train hellbent on spending more and more and more money that we do not have. This crowd is also selling the concept that our national debt means nothing in the grand scheme of things...we can simply default just like they plan to do on their student loans. Those of us with our head screwed on need to get to the polls and take our country back. WB


maxoxam41 profile image

maxoxam41 5 years ago from USA

"Our youth as gulley and your generation said it condescendently, think, study and therefore have a mind of their own, don't baby talk them with your archaic view of the economy, of the world. Socialism is not a monster hidden in the closet as you wish them to believe. Socialism focuses on the social issues of the society whereas capitalism on the capital and its prosperity.


vrajavala profile image

vrajavala 5 years ago from Port St. Lucie

The Universities are infiltrated eith left leaning minds. Even the Republican Party is, with socialized like Newt Gingrich.


WillStarr profile image

WillStarr 5 years ago from Phoenix, Arizona

Socialism is a leech, that depends on capitalism as its host. We are now seeing the devastating results of socialism, the leech, on host countries like Greece, Spain, Ireland, Portugal, and Italy.

And the US!

Small socialism always evolves into big socialism, as more and more greedy societal leeches come to the trough and then vote themselves more socialism and more socialists.

Socialism produces nothing but a dependent class. There is no social product to sell, and nothing that can pay the way of socialism, so socialism must depend on capitalism as the host.

But the leech always kills the host, sooner or later, as we are now witnessing in socialist Europe.

And yet, the blinded socialists insist they are right.


vrajavala profile image

vrajavala 5 years ago from Port St. Lucie

You would think that I'n the collapse of the European Union, which is one big socialist scheme, that Americans would wake up.


Wayne Brown profile image

Wayne Brown 5 years ago from Texas Author

@maxoxam41...Capitalism, in and of itself, is an economic approach to the marketplace and has nothing to do with social welfare nor does it portend a philosphy as such. Socialism on the other hand, has everthing to do with social issues and it attempts to accomplish them on the back of those that produce in the system. The philosphy is flawed in that fact...it turns producers into non-producers over the long-haul and eventually makes everyone a ward of the government which has grown bloated and fat attempting to run every aspect of life. The cost of the system overburdens the producers ability to provide for it. It has been proven time and again all over the globe and the outcome eventually is the same. Even the Chinese have had to turn toward a more capitalist approach to save themselves from social consumption. Economic theories that work never become outmoded. The minds that comprehend them become unknowing through a poor education system which willing supports such propaganda with taxpayer dollars. The model is flawed and far more flawed than capitalism will ever be. WB


Wayne Brown profile image

Wayne Brown 5 years ago from Texas Author

@vrajavala...Our system has been poisoned by socialism heavily since the aftermath of WWII. Those who saw the socialist and communist sympathizers were quickly labeled as extremist in the manner of Senator Joe McCarthy. They kept their heads down for a long time but by '63 their goals were public. That list is as pertinent today as it was in 63. One of those goals was to infiltrate the education process. That goal is well-developed by this point and all but supported in its growth by our own government. We pay six figures to tenured college professors to teach such poison to young minds portending to be intellectuals within our educational system. Obama has done more to speed up the process of socialization in our economy and our culture than any President before him. It is no longer an "under the table" exercise but something that is in our face and daring us to do something about it as the attempts continue to undermine the Consitution and the entire basis for American rights and freedom in the name of big government and redistribution of wealth. Fundamental transformation is a very ugly thing when you actually see it in action. With regard to the collapse in Europe, Americans can't wake up about it because the media does not have the balls to call it what it is...the whole of the problem is being hung around the neck of financial possibly when that is simply just the effect of the "leech killing the host" as Will Starr so aptly puts it. We have to call a spade a "spade" if we are to know it for what it is. In our "politically correct" world of America, we don't call anything what it really is anymore for fear that it might insult someone. We dare not insult the socialist and communist of this world in light of that mindset. WB


WillStarr profile image

WillStarr 5 years ago from Phoenix, Arizona

So what's wrong with socialism?

Socialism says the one who did nothing to earn it has more right to someone's property than the one who did earn it!

That's the 'logic' of socialism.


maxoxam41 profile image

maxoxam41 5 years ago from USA

No it says that with the taxes, let's help people in need. The ones who worked for years and who are suddenly unemployed, the ones whose jobs don't guarantee them a minimum (especially if it is a family), old people or students who don't have enough for their medicine... Not everybody goes to Harvard or retires in Miami. It doesn't encourage laziness or stealth from one to give to another. But taxes should be proportional. Poor people pay for manufactured products and produce, the same sale tax than the rich? Why? The disposable income is different.

Companies don't need our taxes money, governments give them already advantages, better taxes rates.

I suppose that you are an intelligent person, where did come your source of information about socialism?


Genna East profile image

Genna East 5 years ago from Massachusetts, USA

Good article, Wayne. I normally don’t get involved in political discussions, but wanted to toss in my 2 cents regarding socialism versus capitalism.

Capitalism works; greed, indifference and ignorance do not. And therein lies the problem. Capitalism without mortality or ethics creates havoc. Unfortunately, some form of regulation (derivatives, underwriting standards, etc.) is now needed to make sure the recent catastrophe fueled by the financial services industry does not happen again. To have such a powerful industry so enmeshed in politics today - on both sides of the aisle - is frightening…it has become the tail that wags the dog.

We should never have rewarded the stewards of the 2008 collapse – before and after these events occurred -- by offering them positions of power at the highest levels of government; nor shower them with millions of dollars in bonus/compensation. (Let’s face it; some of these people belong in prison.) This does not mean that capitalism is a failure, or that we have to penalize our citizens by turning to socialism.

This may sound incredibly naïve, but I believe that capitalism, at its best, is a privilege. It is also a responsibility that must be carried out with the highest standard of ethics and a moral sense that I fear we have somehow lost sight of as a nation.


Wayne Brown profile image

Wayne Brown 5 years ago from Texas Author

maxoxam41...You are only looking at one side of the equation which is the emotional heart touching side of social issues...nothing to do with socialism as a government form with the exception that you can only give away so many dollars before you run out. It does not matter how much you tax the rich, the corporations, the middle-class, it is all relative. If the government grows larger, and it will in a socialistic environment, the costs go up and the hand out gets greater because the system continues to decline producing less and less taxes to hand out. Your assumptions about socialism assume that the production side of the economic curve will remain the same or grow and that is just not the reality. People and companies lose their incentive to produce because the reward of that production is eventually taken away from them by an over-sized, over-taxing government bound on using the money to support the idle populus which grows larger by the day...over time it can only end in economic failure as it has done in Europe in so many cases. The media doesn't call it the failure of socialism...no, they attempt to blame it on the financial mismanagement of European currency but that is simple an effect...not the root cause. WB


Wayne Brown profile image

Wayne Brown 5 years ago from Texas Author

@Genna East...You make some very good points. Looking back on 2008, I think we can conclude there was a lot of operating outside the lines but ultimately our government made that situation possible by relaxing lending rules and pressuring entities to follow suite in order to falsely grow a housing market. A good capitalist model has a minimal government with established ethic and business standards in place that make sense and guard against opportunist. Capitalism is certainly a system which must be nurtured as there are plenty avenues for abuse when greed takes over. Here in the States, we currently have a "capitalist host economy" on which a parasitic socialist dependency is growing by the day. Unfortunately, we have a government in place more than willing to nurture that parasite and help it to grow as it sucks more and more of the life out of our economic system. Far too many believe that our problems can be cured simply by increasing tax revenues but that is only a temporary delay in the process in the death of the host. No matter how much money our government takes it, it will look for more ways to spend it and overspend in the process. When we are borrowing 42 cents of every dollar spent, it is past time to wake up and realize that we have to take a different approach and that starts with significant spending reductions as a foundation along with shrinking the size of an out of control government. Thanks much for the comments. WB


WillStarr profile image

WillStarr 5 years ago from Phoenix, Arizona

"...our government made that situation possible by relaxing lending rules and pressuring entities to follow suite in order to falsely grow a housing market."

Exactly, and now, that same government has successfully convinced the voters that they were not culpable, when in fact, they created the climate for the current economic disaster!

The real villain here is neither government nor the financial institutions. It's the easily duped American voter, supporting the lying candidate who promises Utopia.


vrajavala profile image

vrajavala 5 years ago from Port St. Lucie

It's been the plan all along to overload the system with too man entitlement, as espoused by Cloward-Piven Manufactured Crisis Strategy. Cloward and Piven, of course, both professors at Columbia.


WillStarr profile image

WillStarr 5 years ago from Phoenix, Arizona

"No it says that with the taxes, let's help people in need."

Which is another way of saying the same thing:

"Socialism says the one who did nothing to earn it has more right to someone's property than the one who did earn it!"

One man sits and watches another man work all week. When it comes time to pay the one who worked, government steps in and deducts part of that pay and then gives it to the man who sat and watched, as his 'fair share'. Socialism means that the man who did nothing has more right to the earnings than the man who actually earned it!

As a young liberal, I worked on a government program that helped the 'needy'. What I discovered was that nine out of ten of the so-called needy were actually lazy, worthless slugs taking advantage of socialism.

That's why I am no longer a liberal.


yellowstone8750 profile image

yellowstone8750 5 years ago from Taos, nm

Starr, that is communism not socialism...there is a huge difference.


Wayne Brown profile image

Wayne Brown 5 years ago from Texas Author

@yellowstone8750...You miss the point. Communism installs a socialist government initially to make the transition of ownership of private property to the ccommunal state. In our current situation, we have a pro-socialist government willing to use taxpayer money for social welfare distribution without regard to limitiations of the revenue stream. The solution to shortfalls becomes increased revenue streams through taxation and more taxastion...which appears to be the solution to the socialist. In reality, the socialist government which is ever expanding and growing finds new ways to spend new revenue streams negating the impact of tax increases on the growing debt load and simply keeping the situation moving in a upward trend until it all topples in bankruptcy just like the European countries have experienced. Any model which assumes a static spending situation is flawed in that regard. Our current lawmakers cannot establish a budget and continue to spend freely borrowing withoout regard to the accumulating debt. In that process, they have destroyed both Social Security and Medicare using methods that have amounted to nothing more than a Ponzi Scheme...methods,which if employed by the private sector, would be cause to put people in jail for long periods. The parasite is killing the host, slowly but surely. The host being the American taxpayer and the capitalist system of economics. Once the host has been exhausted, the source of revenue streams diminish so greatly there is no where to turn as we see in the European countries today. Ultimately, that failure may result in the state declaring itself the owner of everything of value still in existence and thereby doing so in the name of redistributing the wealth and sharing equally...the essence of communism but in the transsitional stages, it is purely and simply nothing more than socialism in the expansion mode. WB


Genna East profile image

Genna East 5 years ago from Massachusetts, USA

Wayne

Good point re relaxing the lending rules (underwriting standards).

What happened is far too detailed to go into here, but to be overly simplistic on another contributing factor: We can trace these financial deregulation bills all the way back to the Savings and Loan Crisis of the 80’s. Regulations had been implemented (Glass-Steagall for example) to curb the fraud and over speculation that created the stock market crash and bank failures, causing the Great Depression. Derivatives are one example. This is just a form of legalized gambling. Its deregulation (the FSM Act of 1999 under the Clinton administration and Republican congress) eventually led to the creation of CDC’s (credit default swaps) or side bets on mortgage backed securities, one key ingredient that fueled the 2008 meltdown. (In the early part of the 20th century, their equivalents were so-called “bucket shops” where people could bet on whether the price of stocks would rise or fall without ever having to purchase the stocks.)


WillStarr profile image

WillStarr 5 years ago from Phoenix, Arizona

"Starr, that is communism not socialism..."

Sorry, but that's exactly what socialism does! :

""Socialism says the one who did nothing to earn it has more right to someone's property than the one who did earn it!"


maxoxam41 profile image

maxoxam41 5 years ago from USA

Brown as you rightly and smartly underlined it there is a point when reached, people's behavior will radically change. It is this psychological point that the government should take into consideration for taxation. And not what is dictated by the lobbies.

The main interest should be America's economical health not what the oil, the pharmaceutical... industries impose for their own thriving.

What about the Northern countries of Europe? They are socialist or are they the exception to the rule?


WillStarr profile image

WillStarr 5 years ago from Phoenix, Arizona

"What about the Northern countries of Europe? They are socialist or are they the exception to the rule?"

They are all small, heavily taxed, and with virtually no minority population to support.

Demographics.


maxoxam41 profile image

maxoxam41 5 years ago from USA

And... They live HAPPY. That's what life is about. America's goal was to pursue happiness. It's been a long time that they gave up on it to the profit of greed.

France is small, Portugal too... Where is the parallel?

The only countries that are not heavily taxed are fiscal heavens

Most countries has minorities. You support minorities? Sure! Yes, the poor Mexican cleaning your mess, the little Asian taking care of your younger girlfriend's hand and toe nails is counting on you to support them. It makes sense meanwhile they rent to Americans, they buy American products and produce, they pay the American sales tax that discriminates nobody, they pay "free" clinics that economically depend on this population, you pay them cheaper as a work force, people use their weakness "illegality" to abuse them....

Is it my heart speaking or reality?

Debating with you reminds me of Don Quijote de la Mancha against the windmills.


WillStarr profile image

WillStarr 5 years ago from Phoenix, Arizona

"America's goal was to pursue happiness."

You forgot 'liberty'. That means liberty from government oppression, like the oppressive socialism that demands we support those who did nothing to earn it.

You claim the high moral ground because you claim that forcibly confiscating part of what one person earned in order to give it to someone who did not earn it, constitutes 'compassion'. Hogwash! It's tyranny!

Why not just give your own money? Why use government to force others to do your bidding? Why not form a national organization outside of government to deal with the poor? Surely you socialists are bright enough to do something like that...aren't you?

Why do you socialists insist that we have a tyrannical government forcing us to be 'charitable"?

And did you know that conservatives are actually far more generous to charities that you liberals are? When it's your own money, you liberal socialists are not very generous at all! You are only generous with other people's money!

And stop sniveling because I won't agree with you. Grow up.


Wayne Brown profile image

Wayne Brown 5 years ago from Texas Author

@maxoxam41...I have not heard any success stories out of northern Europe. France might be a bit of an exception but only marginally and time will take care of that. Poland is currently asking Germany to bail it out. As it stands the IMF will dive in head first to save these countries (which is outside the intent of its charter) and commit money that no one else has to the process. At present the USA bears 53% of the financial burden of the IMF so the situation in Europe will leverage our debt situation as well. With regard to taxes, I don't think any Americans have a problem paying taxes or seeing them increase at times or decrease at times. The problem is greater than that...spending is out of control, way out of control and there is no real effort to stop it in Washington. We continue to borrow money and even if we tax more (regardless of who gets taxed and how much), our government will simply add to the spending burden negating the effect of the increased revenue stream on debt. Our national debt will then just continue to expand until it reaches a point beyond the values of our GDP and the USA will essentially be bankrupt with no basis on which to borrow more dollars. I have no problem with fairness relative to taxes and addressing tax increases and tax loopholes but it is a waste of time until spending is brought under control. It is the same thing as declaring immigration amnesty for the masses and not having a secure border...the same thing. WB


WillStarr profile image

WillStarr 5 years ago from Phoenix, Arizona

Wayne is exactly right. The recent failure of the debt super committee was entirely predictable.

The rioters in Greece were angry because the socialist promises of free goodies, early retirement, and generous pensions have proved to be false. Now our own politicians are facing the same thing, as our own false promises are coming to a head. But no one has the nerve to tell the America people the truth, so the super committee punted!

There is no free lunch, so plan on working for a living.


Wayne Brown profile image

Wayne Brown 5 years ago from Texas Author

To All: We created a democratic republic here in America binding it as a common union of states. Against cautions of many, we created a federal government to act as a "singular" voice for that union. Within the framework of the Constitution, we made provisions for that federal government to function with noted limitations. Primarily the function of that government was common representation and the raising and care of a military. Over time, those we have sent to Washington have taken more and more liberty with the Constitution and pulled more and more under the umbrella of federal government control. At the same time, they have used the lure of free federal tax money in their own areas of representation as a re-election tool creating more and more social programs along the way. FDR certainly got the ball rolling with the advent of government=run work programs, Social Security, and the like in his attentions to pull us out of the doldrums of the depression. He even used that reasoning to extend his time in office beyond the normal eight years. All in all, he was failing at the goal until the WWII came along and refired the industrial might of America in the war effort. If things had remained in that configuration after the war, we might have been okay today but they did not. LBJ and his administration managed to launch the "Great Society", a concept that America absolutely could not afford but never mind that, we are talking about LBJ's legacy here. LBJ pushed through the adminsration which took the backing out of the money and left us with faith-based currency. His legislation allowed the funds of Social Security to be raided in the name of government borrowing for spending on other projects with the rationale being that the programs were running on a surplus. All that money was consumed and now the system operates on the promise of downstream funding which will be more than offset by the advent of baby-boomer retirement...generations of people who paid into Social Security not realizing that the funds were being squandered by their elected officials. Still, we continued to add to the expansion of social programs at every turn and within the past decade have added out of control insane environmental programs on top of that all paid for with the taxpayer dollar. Old Ted Kennedy wanted everybody to have health insurance as long as it was paid for on the taxpayers back and not with his share of the Kennedy fortune. Every year we have one of these "do-gooders" out there in public hawking the fact that they in all their success should be paying more taxes but none of them ever write the check...which by the way would be accepted by the government. It is nothing more than hyprocritical lip service.

Obama's stand on this issue is simply grandstanting. He has no intention of closing tax loopholes on hedge fund operators...his biggest supporter, George Soros, made all his money that way! It is simply talk and it is talked to designed to inflame class envy and warfare in this country and ultimately to split the vote along those lines undermining the conservative approach to bringing spending under control. The efforts and policies of this administration have done more to move America down the road to economic ruin and the inevitable embrace of socialistic/communist principles than any before it. That fact should concern every American deeply who values their liberty and their future in terms of oppression by a tyrannical out of control government. WB


Wayne Brown profile image

Wayne Brown 5 years ago from Texas Author

It might also be noted in today's news that the transport workers union has gone on strike at Heathrow Airport hoping to shut down operations...the reason...the workers were asked to contribute 3% of their income to their pension plan which at the present is totally funded on the back of the taxpayers. They walked out. On the plus side, the airport seems to be running at peak efficiency at the moment. WB

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