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A Second Term Will Be Terminal: Another four years and Argentina will be crying for us
The American Spectator ^ | July 12, 2012 | Peter Ferrara

Posted on 07/12/2012 11:12:10 PM PDT by 2ndDivisionVet

With a second term for Obama, the world-leading America we have known and hoped to leave to our children will be gone. Last Friday's jobs report confirms that Obama is well on his way to transforming America into a third world country, with declining living standards and perpetual economic stagnation.

Argentina enjoyed the world's fourth highest per capita GDP in 1929, on par with America at the time. But then the nation lost its way in embracing a leftist, union allied government, which took control of the economy and imposed wildly irresponsible taxes, spending, deficits, and debt. After World War II, the hugely popular Juan Peron came to power and institutionalized the madness. It has been all downhill for Argentina ever since. Do you recognize the pattern?

Today, Argentina ranks 53rd in the world in per capita GDP, according to the International Monetary Fund, 57th in the CIA World Factbook, at a level less than one third that of America. But its national debt at 51% of GDP is actually less than that of the United States under the Obama administration, where we are rocketing towards 100% of GDP by the end of this year, and 200% in 25 years, according to CBO.

The Worst Economic Recovery Since the Great Depression: Confirmed

Last Friday's jobs report indicated the most commonly cited U3 unemployment rate remains stuck at 8.2%. That makes 41 straight months of unemployment over 8%, which the Joint Economic Committee of Congress confirms is the worst recovery from a recession since the Great Depression almost 75 years ago. The total number of Americans unemployed actually rose over the last 3 months by 76,000, 54 months after the recession started, and 3 years after it was supposedly over...

(Excerpt) Read more at spectator.org ...


TOPICS: Business/Economy; Conspiracy; Government; Politics
KEYWORDS: 2012; argentina; bho2012; economy; ferrara; obama; tas
Three page article.
1 posted on 07/12/2012 11:12:17 PM PDT by 2ndDivisionVet
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To: 2ndDivisionVet

ping


2 posted on 07/12/2012 11:17:15 PM PDT by unkus
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To: 2ndDivisionVet

The 4th line of the 10th paragraph should read “Obama’s presidency”, not “Bush’s presidency”. Proof-reading should have included cutting the length in half and organizing the meandering facts.


3 posted on 07/12/2012 11:29:12 PM PDT by Kennard
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To: 2ndDivisionVet
Obama administration, where we are rocketing towards 100% of GDP by the end of this year

No nation that has crossed this line has survived two generations. Ever. We may be the first IF we leverage our energy resources, and soon. But under obama, that won't happen.

IOW, I agree with the article's premise: 4 more years of obama will be terminal for this nation. BTW, freeloaders and the LSM, you'll be the first ones put up against a wall and shot if you get your way. There's the hope and change you're voting for by supporting obama, you historically ignorant pukes.

PS By "shot," I mean literally shot. As in killed. I'd be OK with that, except a lot of good people will be shot or virtually enslaved, too.

4 posted on 07/13/2012 12:44:29 AM PDT by piytar (The predator-class is furious that their prey are shooting back.)
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To: Kennard; 2ndDivisionVet
The 4th line of the 10th paragraph should read “Obama’s presidency”, not “Bush’s presidency”. Proof-reading should have included cutting the length in half and organizing the meandering facts.

From the last paragraph on Page-2:

"Obama says we tried the Bush tax cuts for "the rich" and they didn't work. So let's review how exactly they did work out. Bush cut the top income tax rate by 11.6%, from 39.6% to 35%,. ."

Should have been 1.6% there.

That said, the length didn't really bother me. I found the article quite enlightening.

Thanks for posting, 2ndDV

5 posted on 07/13/2012 2:01:08 AM PDT by Flotsam_Jetsome (If America were a car, the "Check President" light would be on.)
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To: 2ndDivisionVet

I know that most polls are BS, but given that, I’m amazed that anyone, other than racist blacks, and welfare dependents can still vote for this halfrican, communist, mooselimb, prick.


6 posted on 07/13/2012 3:32:29 AM PDT by USS Alaska (Nuke the terrorist savages, start today.)
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To: Flotsam_Jetsome

I believe they derived the 11.6% by dividing 4.6% by 39.6% to show the percentage of the reduction.


7 posted on 07/13/2012 4:08:50 AM PDT by Truth29
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To: 2ndDivisionVet

But seriously, folks, we've let the talkers talk us out of our money for decades. So much so that the idea of actually "doing" (i.e., work, savings, etc.) has been so beat down it's becoming a lost art, for at least two reasons:

1.)In war, one must demonize the enemy. Same in politics, the left has been demonizing capitalism in order to gin up its troops and demoralize the right.

2.)Equalizing outcomes (welfare, affirmative action, PC-ism, whatever) results in decreasing effort. People's natural competitiveness turns perversely into seeing who can do the least.

/soapbox

8 posted on 07/13/2012 4:18:24 AM PDT by P.O.E. (Pray for America)
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To: Truth29
Thanks for the fresh set of eyes. I'll admit that much of the numerical minutiae makes mine glaze over, my understanding of the subject's importance notwithstanding.
9 posted on 07/13/2012 4:30:28 AM PDT by Flotsam_Jetsome (If America were a car, the "Check President" light would be on.)
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To: P.O.E.

Lol at the graphic, and good points.


10 posted on 07/13/2012 8:30:30 AM PDT by Yardstick
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To: 2ndDivisionVet

This is why the crisis at Free Republic is significant.

Like the author of the article, I fundamentally believe US Republican government cannot survive another 4 years of Obama’s converting us into a hard socialist state. I feel that the battle we need to fight is getting rid of Obama so we can save our Republican political structure and not continue to pollute all of our federal government regulatory agencies with hardline communists.

This is in stark contrast to those who think Romney is the greater threat, and that he must be kept out of the presidency at all cost, even to the point of allowing Obama another term. These people think that saving the GOP by sending them a message not to shove RINOs down our throat, is a greater need in 2012 than dethroning Obama.

If Obama is able to finish planting the seeds of socialist totalitarianism in his next term, than what do we gain by trying to train the GOP not to shove RINOs down our throat. It won’t matter anymore.

This is the election of our lives. We can’t survive another Obama term, yet we have a parade of Freepers who still feel Romney is the greater threat.

Unbelievable.


11 posted on 07/13/2012 11:42:12 AM PDT by Freedom_Is_Not_Free (REPEAL OBAMACARE. Nothing else matters.)
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To: Freedom_Is_Not_Free

At the risk of being banned - those people are nuts.

Romney stinks, WE GET IT!!!

But Obama is a lethal threat to the survival of this nation.

2016 won’t matter with what is going to occur if this monster is reelected.


12 posted on 07/13/2012 11:46:16 AM PDT by GlockThe Vote (The Obama Adminstration: 2nd wave of attacks on America after 9/11)
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To: GlockThe Vote
But Obama is a lethal threat to the survival of this nation.

I believe that Romney too is a lethal threat to the nation. If Obama is actively draining the blood off the patient by adding more and more IV punctures, then Romney is the sort who would stand there and watch them spurting blood everywhere; what is needed is someone who will remove the catheters and apply a little pressure to the puncture-wounds for a while.

13 posted on 07/13/2012 6:38:14 PM PDT by OneWingedShark (Q: Why am I here? A: To do Justly, to love mercy, and to walk humbly with my God.)
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To: OneWingedShark

There is no one possibly w a chance to win in 2012 other than myth or thugbama.


14 posted on 07/13/2012 6:43:46 PM PDT by GlockThe Vote (The Obama Adminstration: 2nd wave of attacks on America after 9/11)
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To: Freedom_Is_Not_Free
This is the election of our lives.

Oh, I remember that one: from Gore v. Bush!

We can’t survive another Obama term, yet we have a parade of Freepers who still feel Romney is the greater threat.

I actually do think Romney is the greater threat; Obama has the advantage of being particularly polarizing, Romney on the other hand will lull people into thinking that just because they changed the little letter next to the name of the President that they have "done something."

We cannot allow such a feeling as "done something" at all, much less promote someone who is for all intents and purposes Obama (they are both socialists, and will both implement more socialism). In order to "win" we need to work for something: we need to work for a more just form of government. (socialism is inherently unjust, as one's work and one's pay are utterly discrete thereby destroying reward. Further, such as we have in government, the politically-correct "disadvantaged groups" are an active promotion of injustice.)

Government has two legitimate functions:
#1 -- To protect its citizens from external threats (this could include famine, as Joseph's story in Egypt shows [famine is generally not caused by mankind, and is therefore external to the country]).
#2 -- To promote justice within its borders.

Electing Romney will not, in itself, further either of those functions. Therefore, I posit that voting for Romney is not in the best interest of the nation.

15 posted on 07/13/2012 6:58:01 PM PDT by OneWingedShark (Q: Why am I here? A: To do Justly, to love mercy, and to walk humbly with my God.)
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To: GlockThe Vote
There is no one possibly w a chance to win in 2012 other than myth or thugbama.

I will vote for neither; I refuse to vote for a socialist.
If the GOP wants my vote, then they really need to quit only saying things and start actively pursuing the party platforms such as: illegalizing abortion, government accountability, reducing the size of government, being fiscally responsible. As it is, there are very few who actually make any efforts towards these goals, so as-a-party I can only assume that they are liars, always making excuse for not following through.
(Remember the bailouts, they started with Bush and the airlines; remember TARP, it would not have passed without Republican participation; remember that the Republicans held the executive and legislative under Bush and did not do so much as propose a resolution to consider the unborn as persons for the sake of homicide; remember also NY-23, wherein the GOP endorsed the Democratic nominee rather than a Tea Party republican candidate who had won the primary.)

If the result is that the Dems win for the next ten, twenty, or forty years then good on them; for they at least are active in pursuing their stated goals. (I may find those goals repugnant, but they aren't lying about the things they want: more government control & regulation.)

My point: it is better to be shot at from the front than it is from the back.

16 posted on 07/13/2012 7:13:08 PM PDT by OneWingedShark (Q: Why am I here? A: To do Justly, to love mercy, and to walk humbly with my God.)
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To: OneWingedShark

Like I said, this is the crisis on Free Republic.

People like me are certain we can’t survive another Obama term. Our nation will be irreparably harmed. Going forward our nation will be forever changed for the worse and will not be the Republic we have known and loved.

People like you believe we can survive another Obama term.

I guess we’ll see.


17 posted on 07/13/2012 10:33:19 PM PDT by Freedom_Is_Not_Free (REPEAL OBAMACARE. Nothing else matters.)
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To: Freedom_Is_Not_Free
People like me are certain we can’t survive another Obama term.

Perhaps it can't; but let me ask: what is America about?
It used to be about Truth and Justice; is now about equality-of-outcome?

Our nation will be irreparably harmed.

I think it already has been; Roe v. Wade is "established law" even though it prohibits States from protecting the lives of its citizens (required by the 5th and 14th amendments), and it sets precedent for the Supreme Court to make new law out of whole cloth as well as defacto amendment the Constitution.

Going forward our nation will be forever changed for the worse and will not be the Republic we have known and loved.

The President is mostly a figurehead with little real power*. The Congress could stop him in his tracks by cutting funding, or removing him, or altering the law, blocking cabinet nominations, blocking Supreme Court nominations, etc. There is a reason Congress's approval rating is less than that of lawyers or banks or BP during the spill.

* The President's real power is in his ability to "faithfully execute the laws of the United States"; why if he were to do that, things would be very different indeed...

18 posted on 07/13/2012 10:53:27 PM PDT by OneWingedShark (Q: Why am I here? A: To do Justly, to love mercy, and to walk humbly with my God.)
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To: OneWingedShark

So you are voting for Obama, great. No wonder we are screwed beyond repair.

Like Rush said, you are beyond words out of your mind.


19 posted on 07/14/2012 3:41:25 AM PDT by GlockThe Vote (The Obama Adminstration: 2nd wave of attacks on America after 9/11)
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To: OneWingedShark

If you think the nation is already irreparably harmed, then why bother to vote? Just for fun?

If I thought the fat lady already sang her song, I would log off Free Republic and not give voting or politics a second thought. I mean, why bother?


20 posted on 07/14/2012 10:09:09 AM PDT by Freedom_Is_Not_Free (REPEAL OBAMACARE. Nothing else matters.)
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To: GlockThe Vote
So you are voting for Obama, great.

I am not voting for Obama; to claim that my vote being for neither Obama nor Romney is in actuality for Obama is to assert that my vote does not matter.
And if that be the case then you, and any other person, have no business being upset over my vote, precisely because it doesn't matter.

No wonder we are screwed beyond repair.

Bah! We are screwed not because of an idiot in the white house, but because of a nation that disregards the function of government:
#1 -- To protect from external threat (invasion, famine, etc).
#2 -- To promote justice.

The problem we have today is that we have a government which actively promotes injustice, and takes no thought for protecting from invasion [AZ] or famine [biofuel mandate]. Further, any action so much as expressing dissatisfaction is fast becoming "promoting terrorism" or some such bilge; and any actioon taken to correct such is de facto terrorism [read the DHS Right-wing terrorism definitions].

Like Rush said, you are beyond words out of your mind.

Really? I don't see you actually refuting any of my statements, nor even disagreeing with the sentiments; only a brushing off because I refuse to play Morton's Fork.

Obama               Romney
  |                    |
  |                    |
  |                    |
  |                    |
 Marxist             Fabian
 Socialist           Socialist
  \                    /
   \                  /
    \                /
     \              /
      \            /
       \          /
        IMPLEMENTS
         SOCIALISM
Morton's fork as applied to the 2012 Presidential election concerning Democratic and [presumptive] Republican candidates.
21 posted on 07/14/2012 12:21:27 PM PDT by OneWingedShark (Q: Why am I here? A: To do Justly, to love mercy, and to walk humbly with my God.)
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To: Freedom_Is_Not_Free
If you think the nation is already irreparably harmed, then why bother to vote? Just for fun?

Because it may be that I am wrong.
Because it may be that God may yet work miracles on our behalf.
Because it is one of the little things that I can do.

If I thought the fat lady already sang her song, I would log off Free Republic and not give voting or politics a second thought. I mean, why bother?

See the above.

Story time:
There once was a man who, walking along came to an ant laying on his back. The man asked the ant what he was doing, and the ant replied that he'd heard that the sky was falling and the ant intended to catch the sky and hold it up. The man, shocked, asked why the little ant would try such a thing and the ant replied "I do what I can."

IOW, your smallness, or the inevitability of some evil, is no justification to simply do nothing.

22 posted on 07/14/2012 12:28:22 PM PDT by OneWingedShark (Q: Why am I here? A: To do Justly, to love mercy, and to walk humbly with my God.)
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To: OneWingedShark

Your fringe 1%- vote DOES NOT MATTER this election cycle since there is no third party challenger with even a hint of a chance of winning or even getting a plurality of the vote.

You are voting for a spoiler to Obama and indirectly for Obama himself since only mittens or obama is going to be the potus.

That is the reality of the situation whether you want to admit it or not.

At least some people here are at least honest enough to admit they want obama over mittens. Others make all sorts of excuses and contortions to convince themselves that they are not helping obama, but the fact is obama loves your kind beyond words.


23 posted on 07/14/2012 12:43:21 PM PDT by GlockThe Vote (The Obama Adminstration: 2nd wave of attacks on America after 9/11)
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To: GlockThe Vote
Your fringe 1%- vote DOES NOT MATTER this election cycle since there is no third party challenger with even a hint of a chance of winning or even getting a plurality of the vote.

But again, that is not reason for me to vote against my conscience.

You are voting for a spoiler to Obama and indirectly for Obama himself since only mittens or obama is going to be the potus.

Irreverent. I believe that the outcome of a Romney presidency will be much the same as the outcome of another Obama term; so then why should I help "more of the same"?

That is the reality of the situation whether you want to admit it or not.

Maybe you could take a look at my Morton's Fork diagram, I see the situation perfectly: if Obama is president socialism will be implemented, and if Romney is elected then socialism will be implemented.

Again, I refuse to vote for a socialist.

At least some people here are at least honest enough to admit they want obama over mittens. Others make all sorts of excuses and contortions to convince themselves that they are not helping obama, but the fact is obama loves your kind beyond words.

I am making no excuses, nor am I contorting anything. I have laid out my reasoning plainly and you are throwing a temper-tantrum because I won't vote for your guy.

If the GOP wanted my vote they would have anointed someone not a socialist. Obviously the GOP, as a party, is comfortable enough with current policies as to select and anoint someone in whom there is no discernible difference than Obama. Both promote the murder that is abortion, both wish to implement socialism, both are anti civilian weapon-ownership, both are for big and invasive government, and neither will remedy the injustices endorsed, perpetrated, and/or perpetuated by the US government.

24 posted on 07/14/2012 1:02:02 PM PDT by OneWingedShark (Q: Why am I here? A: To do Justly, to love mercy, and to walk humbly with my God.)
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To: OneWingedShark

And who was that saintly person running in the primary again?


25 posted on 07/14/2012 2:02:19 PM PDT by GlockThe Vote (The Obama Adminstration: 2nd wave of attacks on America after 9/11)
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To: GlockThe Vote
And who was that saintly person running in the primary again?

Ah, so my "not a socialist" requirement means "has been canonized"?
Is it really that hard to select a candidate that is "not a socialist"?

And you call me insane and out of touch with reality? Ha!

26 posted on 07/14/2012 2:16:24 PM PDT by OneWingedShark (Q: Why am I here? A: To do Justly, to love mercy, and to walk humbly with my God.)
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To: OneWingedShark

Yes. Since no one even decided to run who suits your personal agenda - there was never any chance of you getting behind anyone vs obama. Even Sarah gets it by now, as does rush, levin, santorum, newt, perry, bachmann, etc.

So tell me again who you wanted to win in the primary that actually ran who meets your 100/100 test?


27 posted on 07/14/2012 2:23:07 PM PDT by GlockThe Vote (The Obama Adminstration: 2nd wave of attacks on America after 9/11)
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To: GlockThe Vote
Yes. Since no one even decided to run who suits your personal agenda

What the hell are you talking about!? Plenty of people fitting my qualification ran: Newt, Paul, Johnson, etc.

there was never any chance of you getting behind anyone vs obama.

Why should there be? I want someone who will be good for America, not someone whose best-we-can-hope-for (and a vanishingly infinitesimal hope, at that) is that he won't make things any worse?

If that's your thinking, then I gotta say, it's perfectly suited for Obamacare. After all, the best we can hope for under it is not any worse than England, Canada, etc.

Even Sarah gets it by now, as does rush, levin, santorum, newt, perry, bachmann, etc.

And none of them will be with me forever, as my conscience, should be.

So tell me again who you wanted to win in the primary that actually ran who meets your 100/100 test?

I'd have actually liked Gary Johnson. (He did run, but wasn't one of the popular kids.)
Hell, I'd have been OK with Ron Paul; at least then the Republican party could say "we're offering something radically different than the Democrats."

28 posted on 07/14/2012 2:41:08 PM PDT by OneWingedShark (Q: Why am I here? A: To do Justly, to love mercy, and to walk humbly with my God.)
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To: OneWingedShark

I voted for Ron Paul in the primary and took a lot of flack for it.

I detest Romney and don’t trust him, but Obama simply has to go.


29 posted on 07/14/2012 2:45:20 PM PDT by GlockThe Vote (The Obama Adminstration: 2nd wave of attacks on America after 9/11)
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To: GlockThe Vote
I voted for Ron Paul in the primary and took a lot of flack for it.
I detest Romney and don’t trust him, but Obama simply has to go.

I detest Romney and don't trust him... so why should I vote for him?
People seem to be intent on misunderstanding my position; I'm not willing to vote against someone anymore, I'm willing to vote for someone though.

Romney has nothing that I'm for; same as Obama, just because one is horrid doesn't mean the other won't be. -- I'm done voting against someone. McCain was the last time.


Hell, I'd be running myself if I were old enough because I think that I, with jack-shit in the realm of "success", would do a better job than that guy.

30 posted on 07/14/2012 2:57:43 PM PDT by OneWingedShark (Q: Why am I here? A: To do Justly, to love mercy, and to walk humbly with my God.)
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To: OneWingedShark

Obama = 100% chance of disaster

Romney = 50-75% chance disaster.

I am voting for the 25% chance he is not, it is what it is.

Obama has to go. My conscience tells me to do everything to oust the communist traitor and neo-jhidist in office.

Its not about Romney - its about getting the thug sent back to the streets of chicago.


31 posted on 07/14/2012 3:04:59 PM PDT by GlockThe Vote (The Obama Adminstration: 2nd wave of attacks on America after 9/11)
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To: GlockThe Vote
Romney = 50-75% chance disaster.

You're very optimistic.
I'd peg Romney at 99.988% chance of disaster; a 00.01% chance of a manageable cluster-f***, and a 00.002% chance of "nothing terrible."

The sad truth is that if Romney gets the WH then, being aided and abetted by the Leftists, while the Republican-party is lulled into a "he's one of us" sense of safety he will do terrible things to us.

The whole waiver solution/idea is a good example: it does nothing to address the problem that the monstrosity is a law and removes it from sight for a time. I have no doubt that Romney, or some future President, would rescind the waivers (or threaten to) in order to blackmail states into compliance.

Another "dirty trick" they could do is run a campeign of non-enforcement on the mandate, then when huge swaths of people are failing to qualify reveal that their non-payment of the mandate has rendered them felons. Now, but for the grace of government, you must receive the government's benediction and enjoy what used to be rights: voting, firearms, etc. Fail to "play-ball" and wham! you're a second-class citizen.


If you think it can't happen here then please take a moment to think about everything that's already happened in the past 16-, 8-, 4-, 2-, 1-year. It's through dirty tricks like this that they get their foot in the door, and then they never, ever leave. The Rs and Ds have played us but good; being really just a ratchet to implement this twisted society: the Ds tightening thing up and the Rs providing the slip to allow another go-`round.

32 posted on 07/14/2012 8:26:42 PM PDT by OneWingedShark (Q: Why am I here? A: To do Justly, to love mercy, and to walk humbly with my God.)
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