
Mr Obama seems to reflect little of his education. As I figured in SLI, “he has been taught, but what has he learned?”
I submit: he has learned actually quite little. And certainly, he has been massively schooled in the past few months since January 20th. Despite this, he refuses to open his mind to other paths, to alternatives, and continues upon courses that history proves and has proven lead to trouble, ruination, unfulfilled promises and disaster.
Europe danced with Socialism for years and years. The UK continues to embrace.
PARIS — A specter is haunting Europe — the specter of Socialism’s slow collapse.
Even in the midst of one of the greatest challenges to capitalism in 75 years, involving a breakdown of the financial system due to “irrational exuberance,” greed and the weakness of regulatory systems, European Socialist parties and their left-wing cousins have not found a compelling response, let alone taken advantage of the right’s failures.
German voters clobbered the Social Democratic Party on Sunday, giving it only 23 percent of the vote, its worst performance since World War II.
Voters also punished left-leaning candidates in the summer’s European Parliament elections and trounced French Socialists in 2007. Where the left holds power, as in Spain and Britain, it is under attack. Where it is out, as in France, Italy and now Germany, it is divided and listless.
Are you reading and heeding, Leftists, Demorats and Socialists in America? I suspect not. You are completely and fussedly Tone Deaf when it comes to History, quite like your current leader. And this — again, are you listening? — despite the seeming “collapse” of Capitalism. Not.
But — oh yes — the version of Capitalism that was FORCED upon private business that resulted in our current collapse. As in: forced loans to those who had no potential to repay. Then let the greed commence, on both sides, buyer and seller.
A collapse that is about to be REVISITED because the Demorats, currently In Power, learn nothing from history. They possess ideological Blinders because they want them. Plain and simple.
The Wall Street Journal is reporting today that the Obama administration is on the verge of committing as much as $35 billion in financing and subsidies to provide mortgages to low- to moderate-income families. Hmm… this sounds vaguely familiar. The government subsidizing the mortgage market making credit artificially easy — oh yeah! That was one of the reasons why the mortgage market overheated, and we fell into a deep financial crisis. Have we learned nothing?
No. That’s the simple answer.
Are you LISTENING America??
Mr Obama is about to REPEAT the same damned mistake that got us here in the FIRST PLACE!
WHERE is your outrage? Where is your umbrage? Where is your VOICE?
Hello??
Loans to people who have little if any chance of repayment? PUSHED by our government?
Let’s just shoot ourselves in the head and bring down the economy AGAIN!
BZ