The darkest view of Obama yet
(Note: be sure to see the comments by Adela G. and A. Zarkov, which further expand on West’s theory of Obama.)
The other day, Tony Blankley wrote:
[Obama] doesn’t like America the way it has been since its founding—and it will take an abusively big government to realize his dreams of converting America into something quite different.At her blog today, Diana West offers an alarmingly believable expansion on that view of Obama. She speaks of
my new pet theory about how Obama is indeed a war president—only his war is against the USA. I came to this admittedly diabolical notion after reading countless financial stories in which assorted analysts wondered how the new president could do this—“this” being spend trillions we don’t have to fix a problem caused by spending trillions we don’t have, whack the top brackets, raise capital gains taxes, punish charitable giving, etc., etc.—because doing “this” is sure to deepen the crisis. It suddenly occurred to me that the president wants to deepen the crisis. He doesn’t want the markets to recover. He wants to break the private sector. Why? He needs the crisis—panic is a better word—to fuel his government takeover of the economy. If the markets recover, the emotional convulsions driving his economy takeover subside, and the private sector revives. And that’s no way to bring about change you can believe in.Prior to the 2008 election my oft-stated condition for voting for McCain, a condition that was not met, was my being persuaded that Obama would do existential damage to the U.S. If West is right, Obama intends to do existential damage to the U.S.
Adela G. writes:
You write: “If West is right, Obama intends to do existential damage to the U.S.”A. Zarkov writes:
A few weeks ago I came to the conclusion that Obama is indeed trying to wreck the U.S. economy as a pretext for a massive power grab. An emergency, be it a war or an economic panic, often serves the interest of would-be dictators. How else can we interpret the absolutely insane level of spending and bailouts coming from the Obama administration? If one examines the so-called “stimulus package,” one can see that virtually all of it consists of non-self-liquidating debt. A self-liquidating debt is one that pays for itself by generating future income. The discounted future cash flows from the investment must exceed the cost of the original expenditure or else the project is a net loss for the economy. This massive spending will employ people, but as soon as the spending stops, unemployment will rise again. Of course the spending has to stop eventually because it’s all funded by debt or money creation. Either case will lead to the ultimate destruction of the U.S. economy, and its replacement by a command economy. The U.S. then will resemble Argentina under Person. Socialism with a fascist face.Emily B. writes:
I don’t have much to add of philosophical value to the discussion, but only to write to say that this woman shares yours and Diana’s fears.
Posted by Lawrence Auster at March 06, 2009 01:31 PM | Send