OD: (1) Over Dose, (2) Obama Depression–The Economic Consequences of Radical Socialism

Posted on January 10, 2009. Filed under: Economics, Education, Employment, Energy, Immigration, Security, Taxes, Technology, Video | Tags: , , , , , , , , , , , , , , , , , , , |

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 cycle that is 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.

~President-elect Barack Obama’s speech on the economy, January 8, 2009

Insanity: doing the same thing over and over again and expecting different results.
~Albert Einstein

Obama’s speech 8th January 2009 on economic stimulus recovery plan Part 1.

Obama’s speech 8th January 2009 on economic stimulus recovery plan Part 2.

Citizen Bob’s Response
YOU wanted “change”…


the Government causes most of our problems…


Wanna Pay an Extra Dollar for Gas???????


Doing absolutely nothing to stimulate the economy would be much better than continuing with more and more government deficit spending.

Hiring more government employees union member and encouraging more illegal immigration to fill openning in the construction industry are political payoffs and not a stimulus packgage.

This is not change, it is government corruption and destruction of the US economy.

President Franklin Roosevelt tried it in the 1930s calling it the New Deal and this was the result:

Table 1: Statistics[76]

Real Gross National Product (GNP) (1)

Consumer Price Index (2)

Index of Industrial Production (2)

Money Supply M2 ($ billions)

Exports ($ billions)

Unemployment (% of civilian work force)


President-elect Obama’s Raw Deal will have the same results as Roosevelt’s New Deal and only extend the recession and eventually result in inflation in two to three years.

Do nothing and the recession will be over by 2010, implement Obama’s proposed “stimulus” package and the recession will last until 2011 followed by inflation–stagflation of the Carter years will return.

Pass the FairTax and let the American people decide how to spend and save their hard earned money.

Yes we can have real change.

The timing for implementing the FairTax could not be better!

American for Fair Taxation–Save The Economy

Mike Huckabee – What is the “Fair Tax?”

Our Country is Broke – How You Can Fix It

First, Why We Need a Fair Tax

Second, Fair Tax Questions and Advantages

Henri Lepage’s 1978  international best-seller provides a response to the radical socialism of President Obama:

We need a more realistic conception of government and the state. The state is not some sort of sacred body, omipotent, omnipresent, and infallible. There is no reason to regard the political market as necessarily more moral, more just, or more humane than the economic market. On the contrary, since it is a market of power rather than a market of exchange, it is likely to be less just and humane.

The notion of general interest, moreover, is often only an alias for the exploitation of the rest of society by a privileged caste of civil servants, bereaucrats, lobbyists, and professional power brokers. The general interest does not exist; it is only an idea that some people form of what is in their eyes bet for others. The real general interest would result only from a situation in which perfect exchange mechanisms functioned. The general interst can truly be defended only by trying to set up the largest possible number of exchange mechanisms in society while recognizing that perfect exchange–perfect allocation is impossilbe. The one thing we can be sure of is that exchange mechanisms are the only way of really approaching this general interest.

…An attentive and critical examination of government decision-making mechanisms shows that in its manipulation of economic mechanisms and its subsidization of state products and services through taxes, the state is behaving like a monompolist. It is forcing consumers to consume more of what it, the government, thinks is in the consumer’s interest to consume. Much public intervention and regulation, as it is currently conceived, is truly depriving people of freedom, is obliging them to overconsume public goods and services that would not be bought–or wasted–in such quantities if consumers had to recognize, and pay, the real price of them. …”

~Henri Lepage, Tomorrow, Capitalism: The Economics of Economic Freedom, page 207-206

Background Articles and Videos

Text of President-elect Barack Obama’s speech on the economy
January 8, 2009

http://www.latimes.com/news/nationworld/nation/la-na-obama-economy-text9-2009jan09,0,4826774.story?page=1&track=rssThe FairTax: NEWS & DEVELOPMENTS

Sowell: U.S. policies in 1930s disastrous

“…If Obama wants political success, following in the footsteps of FDR looks like the way to go. But people who are concerned about the economy need to take a closer look at history. We deserve something better than repeating the 1930s disasters.

There is yet another factor that provides a parallel to what happened during the Great Depression.

No matter how much worse things got after government intervention under Roosevelt’s New Deal policies, the party line was that he had to “do something” to get us out of the disaster created by the failure of the unregulated market and Hoover’s “do nothing” policies.

Today, increasing numbers of scholars recognize that FDR’s own policies were a further extension of interventions begun under Hoover.

Moreover, the temporary rise in unemployment after the stock market crash was nowhere near the massive and long-lasting unemployment after government interventions.

Obama already has his Herbert Hoover to blame for any and all disasters that his policies create: George W. Bush.”

The Economic “Stimulus”
by Thomas Sowell

“…A common problem with government economic policies in general is that it is very hard to predict how long it will be before the policy actually affects the economy. An economic stimulus policy created during a contraction in demand can take effect during an inflationary expansion of demand– and fuel still more inflation.

A trillion dollars or so, created out of thin air by a government that already has a huge deficit, can set off another round of inflation that can take some very painful new policies to bring under control– or can have even more painful effects, if it is not brought under control. The new administration may need that get-out-of-jail-free card. ”


.O.U.S.A.: Byte-Sized – The 30 Minute Version

The Greatest Depression of all Times is coming to sweep America Peter Schiff

The Future of Austrian Economics

The Resurgence of Big Government – Ayn Rand Center – 1 of 2

The Resurgence of Big Government – Ayn Rand Center – 2 of 2

The Political Spectrum Explained! (1/3)

Capitalism Fascism Communism Socialism Difference? (2/3)

Americanism: Free Enterprise VS Central Planning (3/3)

HERITAGE FOUNDATION: “How Modern Liberals Think”

Related Posts On Pronk Palisades

BO’s Raw Deal: Obama’s Two Year Recession and Two Year Hyperinflation–Hopeless & Small Change!

Read Full Post | Make a Comment ( 4 so far )

Phoney Political Polls–Just Flip It Off–McCain 55% vs. Obama 40%

Posted on October 16, 2008. Filed under: Blogroll, Books, Comedy, Economics, Immigration, Links, People, Politics, Rants, Raves, Resources, Reviews, Taxes, Video, War | Tags: , , , , , , , , , , |

 The Art Of Polling; Should We Trust Polls?; Race For The White House


Insane Presidential Poll Numbers For Obama and McCain – October


Opinion Polls: Getting the results you want


Arianna Huffington – The Problem with Polling


Yes Prime Minister Clip – Who Reads the Papers


Congratulations President McCain!

The pump and dump drive-by mainstream media who are in the tank for Obama have been very busy polling.

If you believe their polls, Obama is winning the popular vote by 10% to 15% and will be the next President.

There are many, many ways to cheat and get the result you want: 

  1. the sample size of the poll.
  2. who is polled–adults, registered voters, or likely voters.
  3. when the poll is taken–overnight, during the week, or on the weekend.
  4. the weighting of responders–Democrats, Republicans and independents.
  5. the wording of the question.
  6. the order of the questions.
  7. the response rate.

The only poll that counts is the actual election.

Unfortunatley, even here Obama and his allies in ACORN, its affiliates, and clones are also trying to steal the election with voter registration fraud and voter fraud.

The deep secret about big media, people and politicians is that they are all ignorant about the issues and policies.

Big media is polling ignorant people about issues and policies that both are deeply ignorant of for politicians that are ignorant of the American people’s concerns.

The blind leading the blind.

The American people are deeply concerned about illegal immigration and want it stopped and the illegal aliens sent home.

The pump and dump drive-by mainstream media, along with the Presidential candidates of both parties totally ignore the issue.

No questions about this issue has been asked during the Presidential and Vice-Presidential debates.


Polls hide truth says Gallup veteran


AAPOR: Frank Newport


AAPOR 2008: Robert Groves


National Political Polls — Who gives a S*#%


Yes, Prime Minister – You lied – The Tangled Web



Drinking With Bob

The Voice of The American People


Barack Obama is a DISASTER!!!!


Barack Obama is a freaking Socialist…



We’ve been lied to AGAIN…


Background Articles and Videos


USA Today / Gallup Poll Rigged For McCain



Political Polls: Barak Obama John McCain


Constructing Public Opinion


AAPOR: Frank Newport


October 09, 2008

Polls: Obama or McCain Is Winning

By Steven M. Warshawsky

“…Before concluding, let’s look at a typical poll of the races in two important “battleground” states.  This poll was done by CNN/Time on October 7 (also taken from RCP).  According to this poll, Obama is leading McCain in Ohio, 50% to 47%, and in Wisconsin, 51% to 46%.  The headline for the poll:  “New Obama gains in battleground states.”  Yet the margin of error for the poll was +/- 3.5 points.  This means that, based on the results of the CNN/Time poll itself, McCain could be leading in Ohio by a margin of 50.5% to 46.5% and in Wisconsin by a margin of 49.5% to 47.5%.

Of course, in the past several weeks there have been polls showing McCain leading the race nationally and in the battleground states.  Are the results of such polls simply to be disregarded?  On what grounds?  Why should the polls that show Obama in the lead be given more weight than the polls that show McCain in the lead?  Such reporting reflects the bias of the mainstream media, not the “truth” about how the American people are going to vote this November.  Moreover, the idea – implicit in the daily fluctuations of the polls – that large numbers of American voters are regularly switching back and forth between McCain and Obama makes no sense.  Who knows any real people who are going through such mental and political gymnastics?

In short, the polls do not show that Obama is “winning” the race, anymore than they show that McCain is “winning” the race.  What they show is that the contest is very close, and will not be decided until election day — when the American people actually go to the polls and cast their votes. 


For the reasons I’ve stated before, I predict that more votes will be cast for McCain than for Obama.



Book Review: “Mobocracy”, by Matthew Robinson

“…All of this would be meaningless if it were not for the fact that the media and even the public puts much stock in polls. The media uses it to make elections into horse-races and to support its positions on social issues. Because of this, polling can have the tendency to change the color, tone, length and intensity of a debate. Polls create an environment during elections that cause candidates to drop out of races even before they can educate the public on their views. This is because a candidate who does not poll well in the early running will be ignored by the media and will find donations shrink and finally disappear. A kind of “Catch-22” for an unknown player. He cannot get his message out without money, and he cannot get money unless he can get his message out.

Mark Twain has often been quoted, “There are three kinds of lies: lies, damn lies and statistics.” After reading Mr. Robinson’s book you will come to realize that polling often falls into one of these three categories. Yet, he does make clear that polling is a tool, even a weapon, and like tools and weapons it can be used or it can be abused.

Polling can be used by industry to help shape products. It can be used by sociologists and scientists to advance medicine and psychology. It can be used for entertainment and trivia. It can also be used in politics to help gauge the effectiveness of public campaigns.

Ultimately, an educated public is the best way to fix the problems with polling. Not only will it make our understanding of polling data and its significance more profound, but perhaps the data itself will be made more accurate.

Matthew Robinson’s book clearly explains the complexity of polling and its effects on politics. His analysis succinctly illustrates that polling is not so much a democratizing influence as it is a disturbing one. “Mobocracy” provides a great opportunity to learn about the art, science and necromancy of polling.”



Mobocracy: How the Media’s Obsession with Polling Twists the News, Alters Elections and Undermines Democracy

“…Mobocracy: How the Media’s Obsession with Polling Twists the News, Alters Elections and Undermines Democracy, by Matthew Robinson. Prima Publishing, 366 pages, $24.95

MASS-MEDIA POLLING IS JUSTIFIABLY SKEWered in this spirited work by Matthew Robinson, managing editor of the conservative weekly Human Events and an adjunct fellow of the Claremont Institute. He begins with the abuses of polling and ends with a stout defense of the American Constitution and the statesmanship and political journalism that helped launch and legitimize it. …” 



The return of McAmnesty the Democrat Suck-Up

By Michelle Malkin

“…Maybe McCain needs to lay low until Election Day and let Sarah do the talking.

If you are dreading the upcoming presidential debate, you are not the only one.”



Related Posts On Pronk Palisades

New Poll: McCain/Palin Will Win 50 States!–Obama/Biden Will Win 57 States?

Conservative Turnout Will Determine the Outcome of The Presidential 2008 Race Between McCain vs. Obama

Read Full Post | Make a Comment ( 12 so far )

Liked it here?
Why not try sites on the blogroll...