Location: Pantego, Texas, United States

Wednesday, September 30, 2009

One curious aspect of contemporary politics in America is the way in which the Democrats have managed to convince most people that the Republicans are the party of the rich. In reality most of the super rich are Democrats, including the Wall Street leaders that the Democrats publically revile. Those rich people like Warren Buffet and Bill Gates support increasing taxes on "the rich" which they can easily evade. Here is an article that discusses how the prominent economists like Paul Volcker and Larry Summers that the Obama campaign bragged about having as advisers are now being ignored by the Obama team. The rich Wall Street leaders who vouched for the soundness of Obama's economic plans are now concerned. Obama's policies are clearly intended to radically change life in America by establishing an authoritarian collectivist government. Obama is not governing as he campaigned, and in fact he thinks he has a mandate to rule rather than govern. The comments made by Walter Lippman in 1937 that are referred to in the article are clearly applicable today. Lippman lumps communists, socialists, fascists, progressives, and even liberals together into the authoritarian collectivist category. Obama is clearly an authoritarian collectivist.


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