Barackracy, Part 1

PatriotPost.US By Mark Alexander · Thursday, July 8, 2010 Breaking the Back of Free Enterprise "An unlimited power to tax involves, necessarily, a power to destroy; because there is a limit beyond which no institution and no property can bear taxation." --John Marshall Folks with extensive training in strategic analysis tend to have a very different viewpoint of the macro-political machinations from that of folks in the trenches who have a more tactical perspective. As such, strategic viewpoints are many times received with great skepticism.

At ground level, for example, one might have a problem with the following strategic analysis: It would appear that Barack Hussein Obama's macro agenda for the U.S. economy is to break the back of capitalism and, in the ensuing crisis, use government intervention to replace it with a more refined socialist economic framework than the one currently in place.

If that analysis makes you uncomfortable, prepare to become far more so if his agenda succeeds.

As one with excessive formal training in the art of strategic analysis, I can assure you that Obama's plan, as outlined above, is progressing on schedule.

In regard to the failing economy, Obama recently said, "Make no mistake, we are headed in the right direction, but ... we're not headed there fast enough for a lot of Americans."

Many people hear those words and interpret them to mean that we're progressing toward economic recovery. However, the strategic analyst hears that the Left's objective of a socialized economy is just upon the horizon, that Obama and company would like to bring it to dock at a much faster pace and with such forceful momentum to ensure that the "fundamental transformation of America1" can't be undone.

House Minority Leader John Boehner gets it. In regard to House Democrats' passage of Obama's so called "economic reform plan," Boehner responded, "The writing is on the wall for President Obama's 'stimulus' policies and everyone -- taxpayers, economists, and the rest of the world -- sees it but him. How much longer are we going to continue with this disastrous spending spree that is scaring the hell out of the American people and piling debt on our kids and grandkids?"

Answer: As long as it takes to fulfill their Leftist agenda.

"We had to take some tough steps to pull the country out of the free fall we faced when I took office," says the blame-shifting Obama.

For the record, the current economic debacle began with a crisis of confidence2 in the U.S. housing and security markets -- a crisis largely driven by Democrat policies and their refusal to rein in the government-sponsored mortgage enterprises known as Fannie Mae and Freddie Mac.

The ensuing financial market collapse in the weeks ahead of the 2008 presidential election resulted in the selection of a charismatic radical Leftist community organizer as president of the United States.

Commenting on the agenda of his newly elected boss, White House Chief of Staff Rahm Emanuel said infamously, "Never allow a crisis to go to waste." And they haven't.

It is no small irony that on the very day Obama asserted the economy is "headed in the right direction," the non-partisan Congressional Budget Office reported, based on the implementation of Obama's "economic recovery" agenda thus far, that the current accumulation of debt will exceed 100 percent of gross domestic production by 2025, and will total almost twice GDP by 2035. Of course, if one includes the Social Security "lockbox" IOU, the national debt is already 92 percent of GDP.

But not to worry, I suspect our economy will collapse long before our national debt reaches that level. The burden of debt accumulation at current levels makes the current economic problems of socialist European states seem like gnats on an elephant's ... uh, rear. More: