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1/2/09

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The Cadillac of Bailouts

 

Long before the Kennedy/Johnson era during a time when the Great Depression was still fresh in the minds of most Americans, there was a commonly used expression in my Brooklyn hood.  It referred to rich do-gooders who had chosen public service over continuing to do what they had been doing with wealth they had acquired at birth and/or in the private sector.

 

They called them Limousine Liberals even when it was fashionable to be socio-fiscally liberal.  Then and now the alliterative phrase expresses the common man's disdain for the hypocrisy of political preachers who ask us to do what they say while ignoring what they do.

 

Obama's yet-to-be-pimped ride.

Shortly after the press release of the photo and description of his yet-to-be-pimped rolling fortress the president-elect, speaking in Virginia at George Mason University, clarified his philosophy of change better than he could have dared to during the marathon dance around the May Pole of issues that was his presidential campaign.

 

"It is true that we cannot depend on government alone to create jobs or long-term growth, but at this particular moment, only government can provide the short-term boost necessary to lift us from a recession this deep and severe.  Only government can break the vicious cycles that are crippling our economy -- where a lack of spending leads to lost jobs which leads to even less spending; where an inability to lend and borrow stops growth and leads to even less credit.”

 

Slam, bang, done! 

 

Once and for all we know for sure exactly where the redistributed wealth will go.  Not to individuals who, arguably, could use some survival assistance, but to a power base that will spread it around as it sees fit to lesser power bases, governmental agencies and special business interests in unprecedented amounts.

 

We now know, minus a few small details that will accrue with the shifting of tides, exactly what to expect from the most liberal/socialist president and congressional majority ever seated.  We thought, like Joe the Plumber, that change would merely be about middle class families not paying their fair share of taxes while folks with higher incomes did all the heavy lifting. 

 

Now we know that change will make each and every one of us a slave to unchecked free-spending liberals who, in the end, will be unable even to account for the funds they have appropriated, borrowed and squandered. 

 

We also now know, by virtue of the president-elect's sudden attack of honesty, that only government will be responsible for making it worse.  Not necessarily because of the viscous cycles referred to in his speech but because we know exactly what our liberal pre-Obama government -- a Republican president desperately in need of cooperation to fulfill his primary obligation included -- did to create the current mess in which we find ourselves.   

 

Specifically, the credit crisis that was the central theme of PEBO's latest oratory is the single best example of government's malfeasance.  Nonetheless, the president-elect would have us believe that these same irresponsible spenders plus a few new ones are our only chance for survival.

 

The Limousine Liberal-in Chief gets an American-made Caddy capable of rolling through the worst hoods in the world unscathed.  Meanwhile, he expects us to be happy about the kinder, gentler way his administration will treat known terrorists while they take care of their supporters in the financial community who share their penchant for borrowing money.

 

They expect you to carpool in a fuel-efficient import financed with American government bailout money while they ride in fortified limousines and fly around in perk jets financed by American's tax dollars.

 

Only government can save us?

 

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READER COMMENTS...


Did you hear the joke about the porn industry wanting a bailout too?

 

24_7_365

(from Des Moines, IA Register)

[No.  But with the Clintonistas back in DC now's the time for them to ask. -ED]


Dude, if you can't make an argument without generalizing about "liberals" and "free spending" (ignoring the neo-con era altogether) then you've got no argument. You're just taking up perfectly good bandwidth.

 

Brad32

(from St. Cloud, MN Times)

[So a direct quote from PEBO and a Bush blame mention aren't specific enough for you?  Bandwith is all we'll have left pretty soon, Dude.  Wake up! - ED]


They are back and more driven than ever to take over the rest of the government.  We'll see if Princess Caroline gets appointed to the senate. If so G-d help us all...These clowns taking over Washington are going to ruin what little is left.  Nancy Pelosi is consolidating power and the her "boys" are doing nothing to stop her.
 

deserttrek

(from Palm Springs, CA Desert Sun)


If the elites cared about us, they would make our government small and efficient. No power to be had there.  It ain't the Democrats fighting for the little man. They are the NAACP of political parties. In other words, they stir up dissention to gain power for the party, regardless of what is really good for people.  It is time for a new ideas and new parties. That is real change that I can believe in. We have just moved from Bush to Bush Lite.

 

MrJTB

(from Tallahassee, FL Democrat)


No argument with the writer, except the car is O.K. and necessary.  We still have racial tensions in the country.  We certainly don't need another assassination ever, and particularly at this time.  Our president elect did run on the idea of change, so let's give him a chance before we start criticizing him before he is even in office.

 

Eb & Flow

Springfield, MO

[Sure the limo is necessary -- for a president of any race.  But what about say Nancy Pelosi fronting for Algorism as she flies around in her AirForce3 for which you and I are paying the freight? -ED]


The limousine was long ago designed and built. Don't blame Obama for this non-sty;ish car.  If I understand correctly you are writing that anything decided or done by GOVERNMENT is bad. Since the private market and banks are not functioning...no loans to people and business...our economy has shut down. Only government decisions have the possibility of moving the economy. It was our government that allowed the regulatory system to ignore the obvious greed and malfeasance of financial industry . This included both republicans and democrats.

 

Anonymous


Dear Ed,   I believe that all we have in common is that we're both from the same place, Brooklyn.  Well, maybe, is that New York?

 

Anonymous

[We'll always have Brooklyn.  Now get on the plane.  - ED]


I think you are missing the point here.  The RIGHT WAY to "revitalize the American economy" would be to give each US taxpayer a credit card good for purchases of US Goods and Services only (no pay down your credit card, no cash out, just US Goods and Services, $130K per person).  However, the GEORGE BUSH and CURRENT CONGRESS said they'd rather just give the money to the Washington Fat Cats, the Wall Street Junkies, the AIG and Lehman Bros.  Obama isn't saying anything NEW and trying to blame continuing a policy of crap on a guy WHO IS A WEEK FROM TAKING OFFICE is pretty low.  Try waiting a week and see what he does when he is in office.  I know you Republican Ann Coulter-loving Laura (Dr. Hah) nuts like to blame the Democrats for everything, but OBAMA IS NOT THE PRESIDENT and HAS MADE NO POLICIES and WON'T MAKE ANY for another week. 

 

 Regards.  FTG. 

 

Ehud

Tucson, AZ

[Your alternative plan definitely has merit -- especially when compared with what has been discussed/proposed thus far.  Just to set the record straight about my own political affiliations: I am a card-carrying member of the NY Conservative Party and have never registered Republican.  When a candidate that I like is endorsed by both the GOP and the NYCP I always pull the lever for the candidate on the Coservative line.  Dr. Laura and Ann Coulter are entertainers and, while their schtick occasionally overlaps into my own opinion zone, I could care less about either of them -- especially when they go "over the top" (which is more often than not). As for PEBO, he apparently believes he is already in office www.moonbattery.com/obama-seal.jpg and is hogging more than his share of media attention...so he deserves to be criticized accordingly. -ED]


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February 15, 2009

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