Friday, October 29, 2010
I keep agreeing with Pat Buchanan...
Obstructionism reaps its reward
Tuesday's election, too, will be no embrace of the GOP, but rather a repudiation of what Obama, Harry Reid and Nancy Pelosi have come to represent. All are seen as power-hungry politicians of an out-of-touch regime that is seizing control of private wealth and private lives as it fails in its duty to win our wars, balance our budgets and secure our borders.
Republicans will be the beneficiaries of this repudiation, as Republicans are, almost everywhere, the only alternative on the ballot, and because they are seen correctly as having opposed the Obama agenda with near-drill-team solidarity.
Every Republican in the Senate but Arlen Specter and the ladies from Maine voted against Obama's stimulus bill. Every Republican in the House, save eight, voted no on cap-and-trade. Every Republican on Capitol Hill voted no on Obamacare. More GOP senators opposed Sonia Sotomayor and Elena Kagan than opposed any Supreme Court nominee in memory.
Tuesday, obstructionism reaps its reward.
On Tuesday, the nation, including millions of Obama voters, will come out to empower the Party of No, even as the nation voted in 2006 and 2008 to throw out that party. While many did respond positively to Obama's politics of hope and change in 2008, as they ousted the Republicans, the nation, after Tuesday, will have voted in three straight elections in four years to be rid of its ruling regime.
The United States is starting to look like the French Fourth Republic.
After France lost Indochina, began losing Algeria and was flipping from one premier and one party to another, the call went forth from an exasperated nation to Gen. DeGaulle to come and take charge of affairs.
Consider the critical issue facing America today – the budget and trade deficits, the soaring national debt, an unemployment near 10 percent for 14 straight months – and how neither party seems to have the cure.
While George Bush's tax cuts did not cause this, they did not prevent it. And if Republicans believe that his deficits did cause it, why have those Republicans not addressed the causes of those deficits – Bush's wars, Bush's tax cuts and Bush's social spending on No Child Left Behind and Medicare drug benefits?
Yet, if liberal Democrats are right and deficits are the correct Keynesian cure for recession, why have Obama deficits of $1.4 and $1.3 trillion failed so dismally? Paul Krugman says they are not large enough. Perhaps, but the country is about to end the experiment.
The Federal Reserve, having used and broken every tool in its toolbox, including doubling the money supply and setting interest rates at near zero, will now bet the farm on inflation, starting Nov. 3.
Both parties have lost the mandate of heaven, and neither knows if its economic philosophy even works anymore.
We are in uncharted waters. The country is up for grabs.