Barackracy, Part 2By Mark Alexander Â· Thursday, July 15, 2010 Reversing Course and Restoring Liberty "The people of the U.S. owe their Independence & their liberty, to the wisdom of descrying in the minute tax of 3 pence on tea, the magnitude of the evil comprised in the precedent. Let them exert the same wisdom, in watching against every evil lurking under plausible disguises, and growing up from small beginnings." --James Madison In Part 1 of this essay, "Breaking the Back of Free Enterprise1," I noted, "Barack Hussein Obama's macro agenda to accomplish the 'fundamental transformation of America2' 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."
I then posited the question, "Is there still time to restore the primacy of free enterprise over Socialism and turn back Obama and his Leftist ilk?"
The short answer is yes. I believe there is still time to implement political solutions to reverse course and restore Essential Liberty, constitutional Rule of Law and its economic expression, free enterprise. But that window is closing.
There is an economic catastrophe on our horizon, (the Obama Plan2), one whose full force will hit every American in a few years. The Left will exploit it this crisis, and insist that massive increases in taxation (income redistribution) and regulation of every economic sector is the solution, with the ulterior motive of centralization of the economy. This scenario will be modeled after Franklin Roosevelt's New Deal policies, but it will be so massive as to fully institutionalize Socialism on a national scale.
That's the bad news. More: http://patriotpost.us/alexander/2010/07/15/barackracy-part-2/print/