It’s
midnight, and Mittens has just come out to start his ‘throw in the towel’
speech. At last, the long, horrible
campaign season is over, and Barack Obama has been reelected as President of
the United States of America.
The
moochers and looters have triumphed, and now we get four more years! So, what can we expect from Obama II—The
Sequel?
We
can expect our energy policy to continue to be happy thoughts, unicorn farts,
and green energy boondoggles. Obama and
his allies will continue to push us down the same path that Spain has been on
for the past decade, and just as that green path has destroyed Spain’s economy,
we can expect much the same thing here.
It may not be obvious as the Spanish failure, or as quick to come—the
sheer size differential gives America a bit more inertia than Spain enjoyed
before the disaster becomes apparent—but it will inevitably come.
Adding
insult to energy injury, we can expect full-blown cap and trade, and more and
more coal-crippling regulations from Obama II’s EPA. Coupled with their anti-fracking sentiment,
our energy prices will skyrocket, with completely predictable consequences on
the rest of the economy. Prices will
rise, growth will slow, unemployment will go nowhere but up, and a new
recession dip is probably the best we can hope for.
Our
fiscal policy will continue to be print-and-spend, and if you were hoping to
actually get a real budget passed, you’re going to be disappointed. Obama II will have no reason to bring Harry
Reid to heel; quite the opposite, in fact.
Reid will feel even less inclined to defer to a lame-duck Obama than he
has in Term I, and we know from Woodward’s The
Price of Politics that Dingy Harry hasn’t exactly been Barry’s biggest fan
thus far. Rather than any kind of fiscal
discipline, we can expect another round of ‘stimulus’ bills that will do
exactly what the last one did—create a handful of jobs at hideously outrageous
costs ($700,000-plus per job), line the pockets of Democratic campaign donors,
prop up failing state programs for another year or so, and in general
disappoint the rest of us.
Baring
a miracle in which the Republican leadership in the House wakes up tomorrow
with actual spinal bones and testes, the Benghazi debacle will simmer on for a
few more months until the internal investigation finally reports its
findings. Oddly enough, these findings
will *cough*whitewash*cough* corroborate the White House’s timeline and ‘prove’
that there was nothing that the President or any of his top advisors could have
done to save the Ambassador and the other three Americans, even if they had
known about it, which they didn’t until much later. Like Fast and Furious, Benghazi will quickly
be forgotten, and some new ‘crisis’ will be media-blitzed to distract the
attention of the populace.
In
repayment for his faithful service, Ben Bernanke will be re-appointed to his
current place at the Federal Reserve.
The quid pro quo for this will be the continuation of QE3 until sometime
after the 2014 elections, at the very least.
The money supply will continue to expand by some 80 billion dollars a
month, interest rates will continue to be artificially depressed, and the budgetary
cracks will continue to be papered over—until the dollar collapses,
hyperinflation begins to bite, and we begin speaking fondly of Jimmy Carter’s
days in the White House. The Carter-era
‘misery index’ will come back with a vengeance, made worse by the dissolving
dollar. The United States’ credit rating
will be cut again (and probably several times), until the only place the
government can borrow money is directly from the Federal Reserve. At that point, the country will become a
wholly-owned subsidiary of the international banks, who will begin
cannibalizing what’s left of the Republic to pay off China. The Fed will have no choice but to raise
interest rates, which will in turn accelerate the budgetary destruction of
pretty much everything, from Medicare and Social Security to EBT cards and
Obama phones. Our foreign wars will end,
not with success, but with despair and infamy as we will no longer be able to
afford to maintain them. The troops will
come home, and the Armed Forces will be decimated, which will only add fuel to
the fires of unemployment.
When
the BRICS (Brazil, Russia, India, China and South Africa) decide that it’s
time, the dollar will be completely abandoned as the world’s reserve
currency. Emboldened by the
financially-mandated downsizing of America’s military, they will move to fill
the vacuum left by a retreating America.
America’s influence will vanish like a snowflake in the sun, as Barack
Obama’s anticolonial dreams are realized.
With the continued encouragement of President Obama, the influence and
reach of the Muslim Brotherhood will spread to still more countries, providing
ever more fertile ground for radical Islam to grow and flourish.
Obamacare
will remain in place, and will be phased in over the next four years. As more patients are added to an already-overburdened
health care system, costs will continue to rise and the level of care
delivered, along with outcomes, will decline.
At the same time, more and more employers will abandon their own health
care plans, leaving more and more workers dependent on Obamacare. When doctors and other health care personnel
become frustrated and leave their professions, the disintegration of America’s
health care system will accelerate.
Taxes
will increase, not just on ‘the rich’, but on everyone in the country. Rather than increasing revenue (as we will
all be told, as the reason for the increases), revenues will stagnate, then
fall as the sum of Obama’s policies send the country into a full-blown
depression. The ‘D’ word won’t be used
by the mainstream media until long after the reality is crushingly obvious to
every one of the 51 million plus people who did NOT vote for Barack Obama
today. By the time some brave CBS
reporter says ‘depression’, it may be too late for it to matter. At some point, a combination of debt,
hyperinflation, regulation, dependency and failed ideology masquerading as
policy will crush the social order.
When
the EBT cards aren’t worth having because what food there is can’t be had at a
decent price…when your eternal unemployment check isn’t worth the paper it’s
printed on…when your Obamaphone stops working because the government can’t pay
the bill…and when there aren’t any doctors to be found when you have your
emergency…remember this night.
Excellent and posted.
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