George Will reels off a list of the antics of the anti-constitutional Congress since the start of the year. It isn’t even complete, yet it shows just how badly Congress is behaving.
With the braying of 328 yahoos — members of the House of Representatives who voted for retroactive and punitive use of the tax code to confiscate legal earnings of a small unpopular group — still reverberating, the Obama administration Monday invited private-sector investors to become business partners with the capricious and increasingly anti-constitutional government. This latest plan to unfreeze the financial system came almost half a year after Congress shoveled $700 billion into the Troubled Asset Relief Program, $325 billion of which has been spent without purchasing any toxic assets.
TARP funds have, however, semi-purchased, among many other things, two automobile companies (and, last week, some of their parts suppliers), which must amaze Sweden. That unlikely tutor of America regarding capitalist common sense has said, through a Cabinet minister, that the ailing Saab automobile company is on its own: “The Swedish state is not prepared to own car factories.”
Another embarrassing auditor of American misgovernment is China, whose premier has rightly noted the unsustainable trajectory of America’s high-consumption, low-savings economy. He has also decorously but clearly expressed sensible fears that his country’s $1 trillion-plus of dollar-denominated assets might be devalued by America choosing, as banana republics have done, to use inflation for partial repudiation of improvidently incurred debts.
There’s quite a lot more. Do go read the whole thing.Many of Will’s points are ones I have been making here at the Crabitat.
Maybe, as the Democrats like to claim, the electorate voted for “change” in 2008. But did they really vote for the shredding of the Constitution? I think not. Did they vote for the destruction of the American economy? Doubtful. Did they vote for a chief executive who makes inappropriate jokes and giggles about the economic mess? Highly unlikely.
Madness. Utter madness.
The shredding of the Constitution is what the Democrats have been after for years. They hate the document. Paying attention to it keeps them from their single party, dictatorial, benevolent patriarchy goals.
Last year, following Hillary’s early losses, I advised the nucleus of a family close to me “what I had against Obama” that he was just another Chicago pol.
No sign yet they will remember that warning.