Tag Archives: Freedom

What’s that Little Tea Party Thing All About?

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President Bush 41 sat down with Larry king last week and some of his (and his wife’s) answers were revelatory of what the elites in the GOP think.

As pointed out yesterday, George H. W. Bush was the establishment’s strongest candidate against Ronald Reagan in the 1980 primary. Bush criticized Reagan on tax cuts, his pro-life stance, and the defense buildup. Bush famously called Reaganomics “voodoo economics” during the primary campaign. Bush also repeatedly took cheap shots at his opponent’s age.

In 1988, George H.W. Bush ran as a “kinder, gentler” conservative. President Bush’s record proved you can take the Republican out of the establishment, but you can’t take the establishment out of the Republican.

It should come as no surprise that George H. W. Bush still does not understand the conservative movement. Perhaps he’s just waiting for the next candidate who runs on “big Mo.”

In the aforementioned Larry King interview, King asked Bush what he made of the Tea party:

President Bush has no idea what the Tea party is all about. Unfortunately, the Bush family has had a propensity for belittling the conservative movement. The above answer is why people still do not trust the GOP. Many conservatives worry that if they place their trust in the Gran Old Party they will once again be spurned.

The establishment neither understands or likes movement conservatives. Elites see the Tea Party, social conservatives, and other regular people as below them. Ronald Reagan’s brilliant 1977 CPAC speech, which was sighted in yesterday’s article on the establishment vs. Sarah Palin, was premised upon reorganizing the Republican Party. Reagan did not want the GOP to be the party of the establishment, of the country-club bluebloods. Instead, Reagan reformed the party around the organizing principle of freedom. The American people warmly embraced that message.

This organizing principle of freedom is important to remember. Once the GOP dropped that principle they were thrust into the wilderness. No one wants to vote for the party of big government lite. President Bush’s disregard of the Tea Party is illustrative of how the party elites view the Tea Party, and the organizing principle of freedom. They do not understand it, and have no interest in embracing the message.

This Congress, and the 2012 primaries will be a battle for the heart and soul of the GOP. Republicans will have to chose between the conservative, pro-freedom message of Ronald Reagan, and the anti-liberal, non-philosophical Republicanism of the establishment. One approach can change the country, the other will just slow the onslaught of liberalism.

Obama is the Perfect Storm of Freedom Stifling, Economy Killing Policies

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According to US Debt Clock.org the United States’ national debt is $13.48 trillion. The $13.4 trillion represents 92 per cent of GDP. By means of comparison, in 1980 the entire debt was $909 billion, or 33 per cent of GDP. According to the Congressional Budget Office (CBO) the national debt will hit $16.5 trillion. At that point, for the first time in history, the US national debt will exceed 100 per cent of GDP (it will be 100.6 per cent). That means that if every asset produced that year was seized by the government, the United Sates would still not be able to pay off its gargantuan debt. A frightening situation, but is that the worst of it?

Not according to Boston University economist Laurence Kotlikoff. Kotlikoff holds that “the Government is lying about the amount of debt. It is engaging in Enron accounting.”  The official debt does not count some major government entitlement programs because they are classified as ‘off-budget obligations.’ Two examples of ‘off-budget obligations’ are Social Security and Medicare. Factoring in these ‘off-budget obligations,’ and other unfunded liabilities is difficult. The National Debt Clock claims that the United States’ total unfunded liabilities adds up to $110 trillion, or $356,146 for every individual American citizen. The aforementioned Mr. Kotlikoff claims that number to be $200 trillion. Either way, the debt translates to serious problems that are already hurting ordinary Americans.

A Bloomberg poll of 1,408 investors found that the United States is no longer the number one investment market in the world. Brazil, China and India have all shot passed the United States as places of preferred investment. Eric Kraus, the chief strategist for Otkritie Brockerage House in Moscow said that the US economic situation “is obviously unsustainable, and the concerted attempt to suspend disbelief is playing increasingly poorly abroad. One can delay, but no one can forestall the unwind of a multidecade credit bubble.” The debt is warding off potential investors.

Through reckless and irresponsible spending, the Obama administration has allowed the debt problem to metastasize. The United States is scaring off investment in its private sector because investors see the looming debt crisis. At the same time that the debt is spiraling out of control, the United States is being led by decidedly anti-free market ideologues. According to the Wall Street Journal and Heritage Foundation index of free economies, the United States fell from ‘free’ to ‘mostly free’ for the first time since the index began last year. Since Obama was elected the United States has fallen from first to fourth on the World Economic Forum’s (WEF) list of competitive economies. Meanwhile, property rights, the bedrock of US capitalism, are being eroded, with the United States falling 10 places in the WEF’s rankings.  The Obama administration is the perfect storm of freedom stifling, economy killing policies. The Democrats spend like drunken sailors (although, that is unfair to drunken sailors, who at least spend their own money) and hinder any and all economic growth. The results of unchecked Democratic power have, not surprisingly, been disastrous throughout history. From the New Deal, to the Great Society, from Jimmy Carter to Barack Obama, when Democrats have unlimited power the economy, and thus every ordinary citizen, is hurt. The only way out of the economic hole the Democrats have dug is through freedom. Get the government out of the way, cut taxes and regulations and rein in spending. If the government creates a business friendly environment, America’s problems can be solved. If the Obama socialist path is followed it will finally lead the country to the dustbin of history.