A Different Kind of Blog

news and things sacred and irreverent put together by opinionated people.

Highway to Hell?

Posted by lawman2 on February 24, 2009

The Road to Socialism

Host, “Glenn Beck“

beck_glenn_headshot_cropped1

It’s official–I may have spent too much time in New York City these past few years, because I’m actually beginning to think about things like a New Yorker. For instance, life with our new President Barack Obama is beginning to feel a lot like being in a taxi, stuck in rush hour traffic: You’re not crazy about the guy behind the wheel, not only do you not like where you’re going (you are trapped in Manhattan after all), but you can’t understand the route he’s taking to get you there, and the whole thing is costing you a small fortune. Yes, a cab ride in the big city is like being on The Road to Socialism.

There are lots of concrete, real world and immediate dangers to what’s happening in Washington right now. But what also worries me is how this “philosophy” being encouraged by Washington will affect our future –our children.

0718_homeWhen the government starts taking control of private industry, where else can this road lead? I don’t like it any more than you do, but that doesn’t mean either of us can close our eyes and pretend it’s not happening.

And it’s not just any industries I’m talking about here. If Obama wanted to rush in to “save” the ice cream cone industry, I could probably learn to live with that. As much as I’d hate to have the low quality government cones, I think we’d all live happy, normal and productive lives if we were forced to eat our ice cream with spoons out of little bowls.

But when the government has its dirty little fingers on vital elements of our economy, it has its hands around the throat of capitalism itself…and it’s squeezing hard.

Think of the housing bailout. A part of that plan (the TV show “Lost” is more rooted in reality) is President Obama giving homeowners an “incentive payment” of $1,500 if they remain current through their loan modification (translation: a handout just for doing what you’ve previously agreed to do). They also qualify for a bonus of $1,000 a year for five years if they keep up with payments. That’s a $6,500 perk for people to stay in homes they already can’t afford! And by the way–do you have a five-year mortgage? Me neither. Most of us have 30 year mortgages, so this is an awfully expensive band-aid on a problem that we’ll only have to rip off in five years –and you know how painful that can be. Plus, for good measure we’ve allowed people to remain under the delusion that they can and deserve to stay in homes they never should have been able to buy in the first place. It’s so insane, I’d actually laugh if I wasn’t so busy crying.

There are lots of concrete, real world and immediate dangers to what’s happening in Washington right now. But what also worries me is how this “philosophy” being encouraged by Washington will affect our future –our children. The message they’re sending will have long-term ramifications, some of which are already being felt. Some communities are considering offering “incentives” to families like a payment of $50 to get their kids a library card. And a recent study shows that nearly one third of all students believe they deserve a B just for showing up to class and if they do the work–regardless of the quality or its correctness–they deserve an A! Whether President Obama likes it or not, it’s a cruel world out there and there are still places (though not in Washington or Wall Street) where performance and results matter.

Kids who read, perform better. There’s the “incentive” for getting them a library card. And success in school requires more than just showing up-in real life, there are no As for effort. We do no one a favor–neither our children nor our own future–by believing anything else.

Yup, we’re on The Road to Socialism, and while we may have not yet reached our final destination, we’re well on our way. And just like that New York City taxi, the meter’s running. I wonder how high will we let it get before we tell this driver to pull over?

By Glenn Beck

http://foxforum.blogs.foxnews.com

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14 Responses to “Highway to Hell?”

  1. dorian9 said

    if obama’s 1 month in office is “socialism” then i wonder what kind of “ism” the bush administration was. we (or at least the ones who voted for him – myself not included) gave george w. EIGHT years. can we give the current president some time to get it together – cleaning up this mess the past administration got this country into needs a longer timeline.

    what is really worrisome for everybody’s future is when government supports and mandates discriminatory rulings like proposition 8.

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  2. […] Highway to Hell? « A Different Kind of Blog […]

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  3. tothewire said

    AND to think I thought this post was going to be about Lawman and his being an atheist! LOL

    Why don’t the Republican’s take a break for a few years and let us Democrats put things right again! lol

    I agree with you on prop 8 as well!

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  4. Lawman2 said

    i’ll give you prop 8, as i agree with you there.

    but you confused liberals have been drinking from the socialist fountain a bit i think.

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  5. I saw elsewhere a you tube clip where The Capital Markets Subcommittee Chair, Rep. Paul Kanjorski of Pennsylvania, tells C-Span how the world economy almost collapsed in a matter of hours last September.

    At 2 minutes, 20 seconds into this C-Span video clip, Kanjorski reports on a “tremendous draw-down of money market accounts in the United States, to the tune of $550 billion dollars.” According to Kanjorski, this electronic transfer occured over the period of an hour or two.

    Kanjorski: “The Treasury opened its window to help. They pumped a hundred and five billion dollars into the system and quickly realized that they could not stem the tide. We were having an electronic run on the banks. They decided to close the operation, close down the money accounts, and announce a guarantee of $250,000 per account so there wouldn’t be further panic out there. And that’s what actually happened. If they had not done that their estimation was that by two o’clock that afternoon, five-and-a-half trillion dollars would have been drawn out of the money market system of the United States, would have collapsed the entire economy of the United States, and within 24 hours the world economy would have collapsed.”

    “It would have been the end of our political system and our economic systems as we know it.“

    Bloody dead hand of socialist government! Why couldn’t they have let the market correct itself?

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  6. kay~ms said

    But isn’t it deregulation that got us into this mess?

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  7. Lawman2 said

    not a fan of reaganomics i take it kay?

    these are the facts most people just don’t know.
    president reagan’s economic recovery plan included four specific components on which he explicitly campaigned over and over and then implemented once elected.

    1. reductions in tax rates to restore incentives for economic growth. this consisted of, first, a reduction in the top income tax rate of 70% down to 50%, and then a 25% across the board reduction in income tax rates for everyone. the 1986 tax reform then reduced tax rates further, leaving just two rates, 28% and 15%. reagan also cut corporate income tax rates and capital gains tax rates

    2. spending reductions. the reductions included a $31 billion cut in spending in 1981, close to 5% of the federal budget then, or the equivalent of about $150 billion in spending cuts for the year in 2008. In constant dollars, non-defense discretionary spending declined by 14.4% from 1981 to 1982, and by 16.8% from 1981 to 1983. moreover, in constant dollars, this non-defense discretionary spending never returned to its 1981 level for the rest of reagan’s two terms! By 1988, this spending was still down 14.4% from its 1981 level in constant dollars. even with the Reagan defense buildup, total federal spending declined from a high of 23.5% of GDP in 1983 to 21.3% in 1988 and 21.2% in 1989. that’s a real reduction in the size of government relative to the economy of 10%

    3. anti-inflation monetary policy to restrain money supply growth.

    4. DEREGULATION. reagan’s deregulation plan has now saved consumers an estimated $100 billion per year in lower prices. reagan’s first executive order, in fact, eliminated price controls on oil and natural gas. Production soared, and the price of oil declined by over 50%.

    the results were spectacular. these four components produced a 25-year economic boom from 1982 to 2007. In their new book, “The End of Prosperity,” art laffer and steve moore call the these years “the greatest period of wealth creation in the history of the planet.” they note that — adjusted for inflation– more wealth and income was created during this reagan boom than in any other prior period in U.S. history. that’s right, than any other entire period dating from President George Washington all the way up to ronald reagan.

    BUT barack obama is doing exactly the opposite on each of these four points:

    –he is still promising tax rate increases, at least by letting the Bush tax cuts expire.

    –he just passed the greatest increase in government spending in the history of the planet.

    –he is promising massive increases in regulatory burdens, including global warming cap and trade regulation that would cost the economy another trillion dollars a year.

    –The Fed is already furiously reinflating the money supply, sowing seeds of further havoc in the future.

    even theobama tax cuts do not follow the Reagan economic recovery plan because they are not reductions in tax rates, which is what drives the incentives that govern the economy.

    a reduction in tax rates increases incentives by allowing people to keepa higher percentage of what they earn from productive activity. BUT obama’s tax cuts are all based on tax credits, which do nothing to improve incentives. they are really just the same as his government spending in terms of their effect on the economy, just like sending more welfare checks out to everyone.

    at AmericanSolutions.com, former house speaker newt gingrich has proposed an updated version of the reagan economic recovery program for today. it includes, among other items, a reduction in the federal corporate income tax rate from 35% to the 12.5% rate that over the past 20 years has lifted the standard of living in Ireland from the bottom of the EU to the top.it would eliminate the capital gains tax to match rates in China, Singapore, and other international competitors — a move that would entice capital investment from the world over to America. It would provide middle class tax relief by reducing the 25% income tax bracket to 15%, establishing a flat rate tax of 15% for close to 90% of American workers. Gingrich also proposes that a cut in the payroll tax by 50% for 2 years. He also proposes that our government work to control government spending to balance the budget, something gingrich himself achieved when he wasspeaker of the house.under his plan, the United States would also adopt a real, comprehensive energy program that would allow production of domestic U.S. oil and natural gas, as well as nuclear power, clean coal, ethanol, and renewable fuels.

    obama keeps saying he is only interested in what works, not ideology. so why doesn’t he include any of the above components that have a proven track record of effectiveness?why is our president ignoring what works and insisting on embracing an ideology that will simply expand big government?

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  8. Lawman2 said

    hey there Betty! i haven’t seen the video, a reader sent me a link to one, maybe that one, but it wasn’t working. i do want to see it.

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  9. kay~ms said

    Well, all I know is that we are in a REAL mess right now… why did the boom stop in 2007?
    This mess started before Obama took office… Maybe Reaganomics is not as perfect as some think it is… evidentally the “successful” ecomony will eventually collapse because if the rich keep getting richer and the poor keep getting poorer the economy will not be able to sustain itself. Greed got us here…

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  10. obama the antichrist said

    i am proud that you went to Glenn for this 🙂 let democrats fix this….um…no not one of the things i want to do! I have to go but i will most likely post more about why i think this….ahahahahahaha! I am back. BEWARE!!!!

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  11. dorian9 said

    glad to see you’re back ota! not sure if you like frau coulter-geist – she’s getting some pretty funny bashing by the little old lady on http://margaretandhelen.wordpress.com/
    i like the fact that she riles up everybody. now why can’t there be a liberal counterpart to anne coulter? or even rush limbaugh! where’s the fiery passion in those bleeding hearts!!

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  12. obama the antichrist said

    cuz the cold hearted are more passionate and strong in what they say!!! ahahahahahaha!!!!!

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  13. tothewire said

    I see Lawman is still trying to sell his reaganomics worked…lol

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  14. tothewire said

    OTA! Good to have you back! We were out of town for the last couple of days. Had a good mini vacation.

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