| on Jun 18, 2008, 12:34 PM E.S.T.
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The Democrats have been doing some seriously stupid things lately.
And yet, if the polls and pundits are to be believed, they are going to
kick the Republicans’ butts in November. If that happens, get ready
for some big-time buyer’s remorse.
The Democratic Party has been
shifting left for years and now has reached the Insanity Zone. Some of
the things they’re doing or will do if they control all branches of
government give new meaning to the word “stupid.”
Start with
the Lieberman-Warner bill a.k.a. America’s Climate Security Act. At a
time when gasoline prices are spiraling past $4 a gallon, it’s hard to
understand a party that supports a plan that will make things worse.
Much worse.
This is the “cap and trade” legislation that would
award to the government the exclusive right to decide who could emit
carbon dioxide and how much to charge (tax) them for it. According to
Sen. James Inhofe (R-Okla.), Lieberman-Warner would result in higher
prices at the pump in addition to raising taxes on Americans by more
than $1 trillion over a decade. The Federal Energy Information
Administration estimates that we’d see a 9.5% drop in manufacturing
output. Low income Americans who spend more of their income on energy
will pay through the nose.
What do we get in return for all this socialism disguised as a cure
for Global Warming? Nothing, really. The EPA estimates that by 2050,
Lieberman-Warner would lower global CO2 concentrations by less than
1.4%.
This bill is stupid.
But consider what Barack Obama
has said: "We can't drive our SUVs and eat as much as we want and keep
our homes on 72 degrees at all times ... and then just expect that
other countries are going to say okay."
And this is the person
the Democrats are going to nominate -- someone who talks about “change”
and has energized young voters. But if you dig for the details, as
John Fund of the Wall Street Journal did -- you get to the specifics of “Obamanomics” and what the Democrats have in mind for us.
Bill
Clinton once said “the era of Big Government is over,” but that wasn’t
true under G.W. Bush and it will be less true under the tax-and-spend
policies that Obama will push through with his majorities in the House
and Senate. He’ll hit us with an expensive “green” agenda; he’ll raise
the minimum wage to $9.50 and index it to inflation; he’ll create a
government healthcare plan; he’ll create a new government housing
program; he’ll install new regulations -- especially in
telecommunications, energy, and finance; he’ll create a market
oversight commission; and he’ll renegotiate NAFTA.
That’s Big
Government, folks. But wait until you see what Obama has in mind for
taxes! He’ll increase the capital gains tax to a likely 28 percent;
he’ll allow the Bush tax cuts to expire; and he’ll tinker with the tax
code to provide credits for people he wants to help while penalizing
“the rich.”
Arthur Laffer, the godfather of Ronald Reagan’s
supply-side economics told Newsmax Magazine that Obama’s policies would
return us to the high-inflation, stagnant economy of the Jimmy Carter
years. That’s when the prime rate was 21 percent. Capital gains taxes
were at 50 percent. The top marginal tax rate was 70 percent. The
country existed in a tax-and-spend hell that was gauged by a misery
index.
It would be stupid to enact such policies.
Obama
would also bring “change” to foreign policy, by golly! He’d “end” this
war and bring the troops home and meet with Mahmoud Ahmadinejad. Maybe
these things would work out well for the country under President
Obama. Maybe not.
Current thinking among liberal Democrats is
to extend a hand to terrorists, meet with their leaders sans
conditions, “manage” Iran’s nuclear ambitions and hope for the best.
This thought pattern is embodied in the split decision of the Supreme
Court in which the five liberals granted Habeas Corpus rights to
terrorists at Guantanamo Bay.
It’s touchy. It’s feely. And
it’s stupid. In the words of dissenting Justice Antonin Scalia, “[The
ruling] will almost certainly cause more Americans to be killed.”
John McCain called it “one of the worst decisions in the history of
this country.”
McCain is right. For the first time, terrorists,
detained on the field of battle in foreign countries, will be able to
get lawyers and have their cases heard in federal courts. It’s an
outright anti-American decision. But it’s fully supported by Barack
Obama who disparaged President Bush’s “attempt to create a legal black
hole at Guantanamo.”
Before we all vote for “change,” we need to
take a cold, hard look at what Democrats are doing. After all, we will
get the government we vote for. And we may not like it. Source
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