Liberalism Unleashed…


How much better will your family be in the coming months with an additional income of $4 to $9 each week. I’m sure that for some Americans 9 bucks is very meaningful but to most Americans it will not significantly improve the quality of their lives. $4 to $9 per week is approximately what you can expect for your family’s share of the $750,000,000,000 (Billion. One billion is 100 million!) Stimulus Bill President Obama signed into law moments ago.

The American way of life throughout our history has been that each passing generation has left a more hopeful future, a future with more opportunity, for the coming generations. Today, we took the first of what is promised to be only the first step of assuring that our grandchildren and great grandchildren will pay dearly for our failures at the expense of their futures.

When any government spends money it doesn’t have on hand there are limited sources of obtaining funds. The first and most loved by liberals is tax hikes. That is not the answer today, not now. It will be the case, but not now, the timing is not right. The next option is to borrow the money and pay it back with interest. We have chosen the second option for the short term and some time down the road huge tax increases are as sure as death.

A small fraction of this bill will possibly create jobs. The overwhelming bulk of this unprecedented spending bill is an array of entitlement programs that have long been on the wish list of every Democrat. In fact this bill includes some only recently dreamed up that are astonishing. Today the tentacles of government have grown expediently and will start to tighten their grip on the American people squeezing out individualism, entrepreneurship, and self reliance in favor of dependency, socialism, and an entitlement society.

If this plan turns out to be good (as I’m sure all of its supporters and crafters sincerely hope) President Obama and Democrats in general are destined to be praised and reelected. But if it fails to achieve its lofty goals President Obama will be a one term President.

What should frighten every American is that by his own promise, President Obama has made it clear this bill is only the first of more to come. How much will prove to be too much? Only time will tell. My own sense is that we are sliding toward becoming a country akin to the European Socialist schemes that have been tried and have failed.

We have long been morally bankrupt, now we are moving at warp speed toward being owned by those who hold our national debt. “The debtor is slave to the lender” will sadly be more true than ever. I sincerely hope this boondoggle works, but I am not hopeful that it will.

For most of our 232 years as a nation the two party system has served us well. But when Republicans started to govern like liberal Democrats our nation took a nose dive and the control tower has not seemed to notice. Perhaps when whats left is smoke and ashes we will be shocked into reality. For that flight, reading the data from the black box is too late.

Royce

The Fear of Falling


Around the globe financial markets are in sharp decline and the end is not in sight. A bloated housing market in the U.S., stupid policy by the U.S. congress, irresponsible consumers, and greedy Wall Street types have all contributed to the financial tsunami that began in the U.S. and has spread around the world.

Many wonder what the connection is between the U.S. markets and Asian, European, and other international markets? Why have they fallen as the DOW plunges downward? There are some rather meaningless monetary connections but the principal common denominator is simply fear.

Global citizens are not unlike we Americans in most ways. Our cultures and languages are different but we have the susceptibility to run away emotions and fear in common. Even after a bone headed congress ripped U.S. taxpayers off to the tune of $700,000,000,000 (billion) dollars and the problems weren’t fixed over night, people have been gripped by fear of the unknown and the result is stupidity unleashed.

The most elementary rule of investing in the stock market is “Buy low and sell high”. Tens of thousands of Americans, who are making emotional decisions, have started to sell assets and run from the market. And the more people liquidate investment dollars the more fearful people sell off and the market spirals steadily downward. Almost all of the problems we have experienced this week are driven by fear, the “Fear of Falling”.

Americans are fed a steady diet of bad news by news anchors who are almost giddy that things are terrible because they know the Democrats are vested in loosing wars and failing economies. Without one or both, Democrats don’t have a chance of winning the White House. And, on both sides of the political foot ball, campaigns are using tactics to create fear of the other candidate.

I remember as a young boy going to the movie in down town Asheville where i would sit in paralyzing fear watching a scary movie. I remember watching a scene in a movie not many years ago and being so tense my body was sore in anticipation of an impending murder. The fact is, in both instances, is was completely safe. I was in no danger other than the damage that might ensue from eating buttered pop corn. Our emotions will lie to us. The sooner we realize that emotional decisions are often bad ones, the more likely we are to be calm and collected in the face of bad news on the 6 o’clock news.

When President Franklin D. Roosevelt was sworn into office the country faced more dire circumstances than we face today. In his inauguration speech Franklin said “The only thing we have to fear is fear itself“. Perhaps those words are more true today than when they were spoken in 1932. The economy will turn around the very day that most Americans have hope that things will get better. Unfortunately we do not have strong leadership in either political party who can effectively convey the message of hope to the nation. In the absence of hope, as a nation we will continue to know “The Fear of Falling”.

The personal, individual solution, is to make important decisions based entirely on facts, not on fears. We should vote, invest, purchase real estate, and decide every other important event of our lives based on factual information if at all possible. To do so requires more than watching the news on TV or reading forwarded emails on your computer monitor. In my view most people are too lazy intellectually to make good decisions about most anything.

Finally, who do you trust with your future? I hope you are finding your security in God and a relation with Him through Jesus Christ. Pity the man who trusts in what he possesses.

Peace,
Royce