Pundits are expected to make predictions for the year ahead and far be it for me to avoid what, generally speaking, depends on who is making them. Major trends are already in place and easy to predict as they proceed, but it is always unknown events that upend predictions. Mother Nature and perpetrators of evil can always be counted upon to provide them.
With all the talk of America’s forgotten middle class, it’s worth taking time as we begin a new year to consider that the country’s seeming obsession with wealth and inequality may instead be turning the U. S. into a country with only two classes: the governed and the governing.
Barack Obama is finishing his fifth year as president, and continues to try to move America further in the direction of increased government paternalism with the implementation of ObamaCare, a push for a higher minimum wage, more intrusive business regulation, a drive for higher taxes to redistribute wealth, and a persistent insistence that individuals must sacrifice their own interests for that of “society.”
America 3.0: Rebooting American Prosperity in the 21st Century tells the story of our nation’s government as crushingly expensive, one that is failing at its basic functions and unable to keep its promises. Such an unworkable and out-of-control government cannot continue as the status quo.
Forgotten or at least certainly downplayed in the international remembrance of Mandela’s nearly three decades of imprisonment and his historical role in becoming the first black president of post-Apartheid South Africa is the fact that through most of the years of his active resistance leading up to his arrest and incarceration he accepted the Marxist interpretation that racism and racial discrimination were part and parcel of the capitalist system.
President Obama’s speech yesterday on inequality is being lauded as one of the best of his life, by people who paid attention to it. It’s a sad speech to read, in some sense, since it contains within it the promise of a presidency that we never saw come to fruition – the sort of policy effort that might have been launched to bipartisan success in the first year of his presidency, instead of his effort on Obamacare.
Two and a half years ago Eric Holder and the U.S. Justice Department applied dubious legal logic to shut down one of America’s quintessential pastimes – poker games among consenting adults. The Justice Department not only put a freeze on one of America’s fastest-growing forms of entertainment, it made the Land of the Free one of the few democratic nations in the world to ban consenting adults from playing online poker.
The media is giving mixed reports of Cardinal Dolan’s interview on Meet the Press with David Gregory. According to Fox News, the Catholics oppose Obamacare and, according to NBC News, the Catholics embrace it.
This time of the year, whether in good economic times or bad, is when Americans gather with their families and friends and enjoy a Thanksgiving meal together. It marks a remembrance of those early Pilgrim Fathers who crossed the uncharted ocean from Europe to make a new start in Plymouth, Massachusetts. What is less appreciated is that Thanksgiving also is a celebration of the birth of free enterprise in America.
Retail stores are opening even earlier than usual for their annual Black Friday sales this year, in an intensifying competition for scarce consumer dollars. Big retailers such as Target, Kohl’s, Macy’s, Best Buy, Sears, and Toys R Us will open Thursday night and feature “doorbuster” bargains to lure tryptophan-laden customers into their emporia (if they can fit through the doors).
Ninety years ago, on November 15, 1923, the Great German Inflation came to an end when the monetary printing presses were finally shut down, and the economic havoc came to an end. Its lessons are worth remembering.
Some of those who support government regulation–and most mainstream contributors do so–maintained that being opposed to government regulations is like being opposed to laws. And since laws are necessary for a just society, the inference was drawn that so are government regulations.
Why the concern over President Obama’s Executive Orders? It is human nature that desensitization will creep in as related to frequency, making felt outrage over each successive mandate seem less intense or serious. The result: executive orders are likely to become more frequent and increasingly more extreme in their content in the absence of any serious push back to reign them in.
In other words, global warming is starting to sound a lot like Obama promising that under Obamacare if you like your insurance, you can keep your insurance, or if you like your doctor, you can keep your doctor, or that Obamacare would cause the cost of health insurance to go down, or provide for universal coverage.