Barack Obama is lying through his teeth when he portrays himself as an innocent bystander in the congressional battle over the debt ceiling. Any compromise according to the terms of the battle he has established for the Democratic members of Congress is unlikely for the simple reason that the Democrats are unwilling to accept anything less than their entire Christmas list, and Obama has vowed to veto anything that doesn’t meet his unreasonable demands.
The President has not demonstrated any reluctance to threaten the pay for American soldiers stationed around the world and seems to dismiss the catastrophic damage that action would have on their struggling families surviving on an American soldier’s miserly income. Nor has he been reluctant to threaten the fixed income of this nation’s elderly Social Security recipients, the most fragile of all Americans on the economic spectrum. However, the president has said nothing at all about the ever-increasing influx of unskilled, semi-literate illegal aliens currently residing in the U.S. and receiving federally subsidized healthcare, housing assistance, educational assistance, food stamps, and in many cases, Social Security checks from a trust fund that they have never paid into.
Despite the positive messages of economic recovery being carefully crafted for the American news media by the White House administration, the American economy is no better today than it was the day that Obama first stepped into office. The increases in productivity we hear so much about would be considered mere fluctuations by any other administration and stock markets around the world are erratically swinging up and down with each new bit of propaganda released. The Dow Jones Industrial Average plunged 99.07 points in the first half-hour of trading this last Friday alone, and it is completely obvious that no sense of stability exists in the American market. Raising the debt ceiling in this sort of an unstable economic environment could trigger a torrential flood of liquidity into the global economy which could jump start inflation in many emerging economies around the world, even as it strangled our own fragile and faltering economic recovery.
If the U.S. Congress does not increase the debt ceiling by August 5th, Obama has warned that the nation would default on the national debt, and as a consequence, many investors would lose confidence and the triple “A” credit rating of the country would tumble, which in turn would force the interest rate up for future loans. What Obama has not said is that there are sufficient funds in the U.S. Treasury to continue paying the interest due on the loans that we have taken for many months to come, and as long as we continue to make those payments, no state of default would exist. If the federal government does allow some or all of those debts to go into a state of default, even when the money to pay the amount due is available, that action will clearly be self-inflicted and the sole justification for it will be entirely political in nature. If the United States defaults on the obligation to pay the debts that it has incurred, it will not be because it lacks the means to pay those debts, but because the Obama Administration and the Democrat controlled U.S. Senate are willing to gamble with the future well-being of the American people in a high-stakes poker game for the continued control of the American government.
The Democrats called the clock as the Republicans were busy stumbling over their feet, and at the last minute they tried to back into a win with bluster and bravado. Both sides are all in and the pot’s so huge the chips are rolling off onto the floor, the Republicans need to catch perfect to pull this out of the fire with nothing more than a deuce to seven low and they know they’re drawing thin. The unreadable Democrats are hoping like hell that they can float over what they suspect is their opponents flop bet and bluff them into a fold. Several of the on-lookers have suffered coronaries in the excitement and the EMTs, who have them spread out on the floor nearby just declared one dead when their zapper failed to restart his heart, but none of the players seem to notice, or care about this minor distraction. A lot of people get off on the rush of a good game but when you’re seeing it from the perspective of a chip on the table it just doesn’t have the same appeal. If all of us were not sitting in the pot piled up in the center of the gaming table, we might better appreciate the excitement and adrenaline rush of a game that truly puts the highest of the Vegas high-rollers to shame.
When you consider all of the great things that you have ever been told about your nation, the history, the struggles, the personal sacrifice and the heart wrenching tug of patriotism you feel as you hear the national anthem and see the flag being raised, you don’t like to think that the whole thing is being run by a bunch of over-stuffed, self-aggrandizing slobs who would capriciously risk the future welfare of the American people along with their kids and grandchildren for decades to come for the sole purpose of gaining something that they should not be allowed to have in the first place, and that “something” is exactly what this entire debate is all about. It is not merely about the budget or the debt ceiling; it is about having 100% control over the future decisions made by our government. It’s all about power, and about having the authority to do as one pleases. To leave things as they are, to alter them in your favor, or even to use that power to dismantle the safeguards that protect our liberty, and accelerate the slow creep of tyranny’s tentacles as the social structure and income distribution of the subservient masses are realigned to affect compliance with a vision none of us are privy to. Unfettered government was the bane of our forefathers, and the political representatives in which we have placed so much trust are about to give us a firsthand demonstration of why those august gentlemen of old held that view.
If I have given the impression that it’s only the Democrats who labor under the burden of guilt in this picture than I must apologize for that image is incorrect, for across that gaming table piled high with the hopes and concerns of so many Americans sit the Republican players of the game we’re watching. A game in which you and all you hope for in the future amount to nothing more than a thin circular disk of plastic and paper – one of many on the pile. It’s far beyond being merely unfortunate, but as any poker player can tell you, one side will win and the other will lose, and the chips will remain nothing more than chips. The chips never win the game.