Saturday, November 29, 2008
The Black Jesus and the old, 'New Deal ' to 'create' 2.5 million jobs!
Changing back to the high statism and massive failures of the 1930s. Nice.
by Lego Acies
O Believers!
The new Messiah. His divinity is all about change, hoping for change and changing for the hope - not to mention coolness and hype. So what is the second coming of Jesus doing ? In the name of progressive change the divine one has reappointed 28 former Clinton advisers to his 'shadow government', named Tim Geithner an insider from the New York Central Bank and someone who is partially responsible for the current economic mess as Treasury Secretary [bad choice]; and now his holiness has announced that HE and HIS government [not markets you understand], will create 2.5 million jobs. Right out of thin air! Or maybe just by adding holy water ? Note to the Messianic genius - governments cannot create anything. Maybe his divinity can read the history of the 1930s and the failure of the New Deal to re-educate his Harvard trained mind before he wipes out the US economy 'creating' 2.5 million eco-jobs with welfare money.
O Believers!
The great one, the new prophet and savior of mankind, truly believes that HE [with divine approval?] will save the US economy and 'manufacture' jobs. Listen to what his Harvard trained eminence, with the ancient prophets smiling from above no doubt, had to say about HE and HIS team's plan to solving the government created economic crisis: "..this plan is big enough to meet the challenges we face. ... We'll be working out the details in the weeks ahead, but it will be a two-year, nationwide effort to jump-start job creation in America and lay the foundation for a strong and growing economy."
O Believers!
Blessed be the prophet Obama. The new messiah's plan in his own words [are they divine?], "will mean 2.5 million more jobs by January of 2011." Saving, creating, - a national effort ! personal and communal meaning ! Maybe we can call this the new 'Volksgemeinschaft' or the O'Messiah's state-individual community agreement ? His divine being has proclaimed that the US will be engaged in a 2 year national socialist effort at inventing jobs - how communal, patriotic and heart warming. Tears well up in sundry eyes, as hearts throb to the messianic beat. But there is a slight problem for the holy messiah and the true believers - governments don't create jobs.
O Believers!
But the kool-aid drinking media and the frenzied and brainwashed [but they hate Christians remember] O'Messiah cult, too busy to read, to get educated, and too disdainful of human skill and ingenuity, will wildly applaud and believe the Black Jesus and his commandments that 'we shall create and save 2.5 million jobs!' That would be the 11th commandment along with the other 10 that no one in today's highly educated world can name. Markets will no doubt rise, female media correspondents faint, and Oprah and friends, along with the racist Trinity Church in Chicago will scream and dance.
O Believers!
The only problem is that government does not create anything. Government does not have independent revenue sources. Government does not have private capital. Government does not create private markets, private contracts, supply and demand and price points. Government does not expand anything other than state power which crowds out and destroys private capital. By destroying private markets in 'creating' welfare programs all a government will do is increase debt and actually increase real unemployment over a longer period of time.
Apparently basic economic knowledge is not a requirement to be President or a messiah.
O Believers!
The O'Messiah is simply imitating the failed policies of FDR in the 1930s - one of the great statists and socialists of all time and much beloved by students, professors, and the media. FDR's statist deal apparently 'created' 5 million jobs in the US during the 1930s. Roads, bridges, stadia, public gardens and parks were all 'created' by FDR's autocratic government. However in 1939 25-35 million men were still unemployed - the same number as in 1932. So over a 7 year period nothing changed. FDR did not create jobs, he did not stimulate the economy. In fact he raised taxes, increased government spending by 3 times, increased the Federal debt by 10 times, and after 7 years of hyper-active government interventionism the result was the same - mass unemployment.
Henry Morgenthau was Treasury Secretary during this period and was the man responsible for writing the cheques. In 1939 he admitted the entire New Deal program was a colossal failure: "We have tried spending money. We are spending more than we have ever spent before and it does not work. And I have just one interest, and now if I am wrong somebody else can have my job. I want to see this country prosper. I want to see people get a job. I want to see people get enough to eat. We have never made good on our promises. I say after eight years of this administration, we have just as much unemployment as when we started. And enormous debt to boot."
You will never see such quotes or facts in history books, classrooms or in the media. FDR like the O'Messiah is a saint like figure. FDR 'saved' America during the Great Depression. Actually no, he and his policies and that of the preceding Hoover administration caused the Great Depression. The dirty thirties were a government creation not a market failure. High taxes, protectionism, reduced credit, massive regulation and an orgy of spending and governmental interference created and deepened the Depression. Far from saving anything, FDR actually destroyed not only millions of jobs, but millions of ordinary lives.
O Believers!
And for that FDR is a hero.
Now fast forward the new O'Messiah. HE and HIS government, like FDR's, will create or save 2.5 million jobs. This is rather disappointing since the great socialist FDR created or saved at least 5 million. One would expect more from a divine being. But no matter. Like FDR the Black Jesus will create public works programs targeted at 'infrastructure' since according to his holiness only public money can 'save' the US' decrepit infrastructural system. However we have the added bonus of hundreds if not thousands of Greenie programs which will be added. Apparently since the state is the only actor which can build a road, it must de facto be the only actor who can love and nurture Mother Earth. So not only will the adoring and publicly paid legions of O'Messiah supporters be busy repairing roads, bridges and sewers, they will also be engaged in trimming bushes, planting flowers, hugging trees, and tenderly cleaning up rivers and streams. We should expect that the welfare created armies of the new Messiah, during the GlobaloneyWarmed summer months of massive climate change will be dancing naked and gaily in the pristine forests and meadows that they have 'saved'.
Not only will his holiness 'save and create 2.5 million jobs', he will also save Mother Earth!
O Believers!
It is enough to make one drop to his knees, crying and driveling snot and thanking the divine presence for his prescience and massive intelligence in saving us from ourselves! Blessed be the new Jesus !
So let's see. The Black Jesus will hire 2.5 million good little statists. He will pay them by either raising taxes on others, or by incurring more debt by selling debt instruments to largely foreign buyers [if any remain]; or he will simply print the money. So the 2.5 million 'created' jobs are not actually jobs per se but a massive welfare program paid by taxes, future obligations with interest, or through a devalued currency and hence a living standard reduction for all taxpayers. Nice.
Would it be any different if his holiness asked every American to go outside and dig holes for 6 months ? He could then claim to have created 300 million jobs overnight and saved the US economy. He could repay the labor of digging holes, by granting every American a welfare cheque for this 'work'. This payment would come from sur taxation or debt. Is increasing taxes and debt creating jobs? Does an economy flourish when incentives to produce product and make a profit are diminished? Does real GDP actually grow when you print money or sell debt and hand over the proceeds in welfare payments?
O Believers!
The O'Messiah's plan is plainly stupid. It is FDR statism. New Deals have always failed. Nazi Germany contrary to popular myth was a bankrupt state in 1939 thanks to nationalist socialist engineering. War in 1939 was inevitable. The Russian empire imploded as 'New Deals' destroyed capital, jobs and even morality. Now we have the Black Jesus, whom the media chants is 'gonna save us' [so eloquent] proffering the same nonsense. HE will create or save 2.5 million jobs? No he won't. Like FDR he will destroy millions of jobs and with it millions of lives. And like FDR being an elitist Ivy league snot he won't care a whit and will use deception and lies to justify big government and the expansion of state power.