Alexander's Essay – July 15, 2010
Barackracy, Part 2
Reversing Course and Restoring Liberty
"The people of the U.S. owe their Independence & their liberty, to the wisdom of descrying in the minute tax of 3 pence on tea, the magnitude of the evil comprised in the precedent. Let them exert the same wisdom, in watching against every evil lurking under plausible disguises, and growing up from small beginnings." --James MadisonIn Part 1 of this essay, "Breaking the Back of Free Enterprise," I noted, "Barack Hussein Obama's macro agenda to accomplish the 'fundamental transformation of America' is to break the back of capitalism and, in the ensuing crisis, use government intervention to replace it with a more refined socialist economic framework than the one currently in place."
I then posited the question, "Is there still time to restore the primacy of free enterprise over Socialism and turn back Obama and his Leftist ilk?"
The short answer is yes. I believe there is still time to implement political solutions to reverse course and restore Essential Liberty, constitutional Rule of Law and its economic expression, free enterprise. But that window is closing.
There is an economic catastrophe on our horizon, (the Obama Plan), one whose full force will likely be felt in the next few years. It will bring with it massive increases in taxation and income redistribution accompanied by inflation of the cost of goods and services and, ultimately, centralization of the economy through complete regulation of every economic sector. This scenario will be modeled after Franklin Roosevelt's New Deal policies, but it will be so massive as to fully institutionalize Socialism on a national scale.
That's the bad news.
The good news is there exists a solution, short of civil disobedience and revolution, to dispense with the Obama Plan. That solution is a revitalized national movement to restore constitutional integrity. That effort is now well underway bearing the Tea Party label -- not a political party, per se, but the advocacy of a set of principles to restore Rule of Law.( Read more... )