Friday, May 7, 2010

Greece: Obama’s New America

Roanoke Times, 4-7-10, Pg 3, Clashes follow as Greek lawmakers vote to implement austerity cuts. Prior day’s rioters attacked and burned a bank in which three employees died.
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Greece is the poster example of the Obama, Pelosi, Reid plan for America.
DEPENDENCE ON THE GOVERNMENT
DEVELOPMENT OF A PERVASIVE ENTITLEMENT MENTALITY
SOCIALISM REPLACEING PERSONAL INITIATIVE AND RESPONSIBILITY
GOVERNMENT CONTROL AND MANAGEMENT OF BUSINESS
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So what went wrong? The same things that happened to other Marx’s socialist societies.
At some point the takers over take the givers and the system degenerates.
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The fix is to reduce the massive benefits and subsidies and entitlements. The receivers rebel with anger and hostility at what they perceive as broken promises and forfeited commitments. By this time they are much too emasculated to show individual initiative and entrepreneurship.
All this is not unlike a drug addict going through withdrawal and drug rehabilitation and exiting a beaten and disheartened shell unable to cope with reality.
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America did not become the greatest country and society on earth by the grace of socialism and fascism. But America certainly can become a second-rate country and society by implementing those economic, social and political policies that lead to mediocrity.
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Taxes and Debt are like anchors
nailing our ship of state to the bottom
where socialism and stagnation
hold us securely to mediocrity
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Prior Items:
http://roanokeslant.blogspot.com/2009/06/economic-reflections-revisionism.html
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http://roanokeslant.blogspot.com/2010/01/professor-obama-gives-yet-another.html
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http://roanokeslant.blogspot.com/2006/01/socialism-wins-big.html
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