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No brakes

"Now we can get things done without explaining process," House Speaker Nancy Pelosi (D-Calif.) told CNN on Tuesday. Now that's Change in which we can believe. I've got to assume most Americans are just as tired as I am of furrowing their brows while trying to dissect the trials and tribulations of legislating. Just get on with the business of reaching into my rich neighbor's pocket so we can build trains no one will use, windmills no one can afford, and crappy, overpriced little electro-mobiles no one wants to buy. I don't care how the sausage is made, I just want more of it and it better be free.

There are no brakes, the ghosts of FDR and LBJ are at the wheel, they've been drinking heavily, and Lydon keeps waving his genitals at pedestrians while he's driving. There's no way it can end well. Although it will be fun watching the Dems as they try deflect blame when their wide-open throttle suicide entry into Dead Man's Curve results in the inevitable fiery wreck.

The Republicans were just as bad, you say? Let's take another look at the Washington Post's invaluable Projected Deficit graphic:

Bush and a Republican Congress inherited a recession, then 9/11 happened. Surplus turned to deficit. Deficit peaked in 2004 while fighting two wars. Deficits begin declining. The Democrats regained control of Congress in 2006. The last Republican Budget - for fiscal 2007 - is passed in 2006. Obama and a Democrat Congress give us in 100 days a projected deficit that quintuples the largest Bush deficit, and exceeds it ad infinitum.

There are no excuses. I'm the first to admit Bush was a disappointment when it came to spending and expanding government. By what logic is the cure for "the failed policies of the last eight years that got us into this mess" to spent five times more? GDP contracted by 6.1% in the first quarter, which means even lower tax receipts. Now even the CBO's estimate is as optimistic as a Lion's Super Bowl victory. I foresee $2 trillion deficits for at least three years. I hope I'm wrong, but does anyone believe they'll start spending less anytime soon?

With Arlen "New Coke" Specter's well publicized and formal pledge of allegiance to the Democratic Party, this morning ushered in the Nancy, Harry, and Barack era. Since I am in 180 degree disagreement with them on virtually every issue I, like many others, hope they fail to enact their agenda. It would be ruinous for us financially, and even more importantly would put government in the position of controlling every facet of our lives.

Health care managed by Washington. Energy production managed by Washington. Banking managed by Washington. Auto manufacturing managed by Washington. Agriculture managed by Washington. Throw in a future tax burden which will surely require the government to absorb other essential means of production and it's easy enough to see where they want to go. If only there were some historical situation we could revisit when contemplating strong, centralized government control of the economy in some sort of large Cold War superpower type continental-sized land mass...

No brakes, no worries. They'll end up careening into a ditch before too much damage is done. Specter's just ballast anyway.


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Comments (7)

What does Pelosi mean when ... (Below threshold)
CDR M:

What does Pelosi mean when she says "now they can get things done without explaining process"? It's not like they were having any big delays doing that so far this 111th Congress. Stimulus bill took what less than 12 hours to read and vote on? Everything else has been published and voted on pretty quick. I guess she does not want one single question about any of their legislation. It's gonna be a fun few years with decades of digging out and repair. Good times.

"What does Pelosi mean w... (Below threshold)
JLawson:

"What does Pelosi mean when she says "now they can get things done without explaining process"?"

Bend over and spread 'em, because we're about to find out just WHY it's really a bad idea to have a single-party government...

And those budget deficits d... (Below threshold)
kevino:

And those budget deficits don't include the State health care system. If you think health care's expensive now, wait 'til it's free.

--------

The IMF, an organization that is usually very helpful to Washington insiders and liberals, just published a report that predicts that the global economy will recover slightly in 2010, but the US economy will not, with GDP growth near zero and unemployment at 10%:

The U.S. net external position [foreign debt] will also continue to deteriorate, as U.S. external borrowing needs remain substantial... Thus, concerns about global imbalances have not gone away. The financing of current account deficits [trade deficits], particularly in the United States, may still be problematic in the coming years. If the attractiveness of U.S. assets were to decline, for example, because foreigners became concerned that higher government financing needs would push up U.S. long-term bond yields, foreign investors might reduce their U.S. exposure, leading to an abrupt depreciation of the dollar [dollar crash].

This is certainly what the Chinese are thinking. Our biggest creditor is drastically reducing their purchases of Treasury notes and are stockpiling gold. You thought the Housing Bubble was bad? Wait 'til you see what a "Dollar Bubble" is like.

The DNC is totally in charge. They control the horizontal; they control the vertical. Basically, liberals are doing to the coutry what they've done to CA, NJ, RI, and MA for years: driving it into the ground.

Please remove your shoes and eyeglasses, tighten you seatbelts, assume the crash position, and prepare for impact.

When I read Atlas Shrugged ... (Below threshold)
Ken in Camarillo:

When I read Atlas Shrugged many decades ago, I agreed with the point of the book while thinking "she sure lays it on thick."

Today's events suggest she was being a realist.

"Now we can get things d... (Below threshold)
Oyster:

"Now we can get things done without explaining process."

"This changes things," said a Democrat with direct ties to the leadership team, "considering that in every leadership meeting we have to talk about how to deal with the Senate."

It means exactly what they're saying. It means, "Sweet! We won't have to listen to anyone or consider anything that we don't like. We can move full steam ahead without that pesky half of the country having anything to say about it."

Oyster is right.Alth... (Below threshold)
Hank:

Oyster is right.
Although I might add that Pelosi and the dems will still blame the repubs. They'll claim repubs are the party of NO and never offer and alternative proposals. They'll state this while simultaneously shutting down any repub dissent. The MSM will gladly parrot this and the average voter will never know otherwise.

Don't count on it, but pray... (Below threshold)
bnorm:

Don't count on it, but pray they at least use some lube, because we're screwed.




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