The Economist's Cookbook

Recipes For A More Free Society

  • "The curious task of economics is to demonstrate to men how little they know about what they imagine they can design."

    - F.A. Hayek

The Obama Myth (and its followers)

Posted by The_Chef On 5:47 PM 0 comments

I remember back when this guy was running his campaign. The fervor he inspired was down right scary. The blind fanaticism for reasons that no one seem to explain to beyond the idea of "It's historic" and "He's younger, and understands 'our' generation better." The simple fact of the matter is that "He's not Bush" is probably the correct answer. And while I hated Bush with a passion, the Bamster has managed to kindle a fire of Dantean proportions. The rage is still there but has been slowly subverted by disgust and depression.

It would seem that the guy is little more than an empty suit. A figurehead for those that are actually of influence. And yes I am talking about the likes of Pelosi and Reid. Seriously, the guys numbers are tanking, the economy is still in shambles. We have a healthcare bill that no one (not even the IRS) can figure out, and the response of many Americans has been "Well he's not doing enough."

Au Contraire!

He's done too much. Or more precisely those that control things using him have done MORE than enough to damage this country. And yet I still meet those people that seem to worship the ground this guy walks on. The country is going to be broke in the near future and the only obvious solution will be to monetize the debt. The people will not put up with massive tax increases and the government will NOT cut its spending especially in the areas that are going to kill us (Medicare, Medicaid, Social Security). The only solution will be to either keep rolling our huge and ever-growing debt (will people keep buying our bonds?) or to fire up the printing presses.

If we do the later. The ensuing economic fallout will make the 70s look like a picnic with a mere ant problem.

So to all of the former and current supporters of Barack "I'm an Empty Suit" Obama:

Yes the song is supposed to refer to GW Bush. but I find it strangely fitting.

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