So what if gold goes to $100,000 an ounce, as far as the Democrat/Marxist party is concerned. They've banned it once, they can ban it again.
More to the point, The One’s attempts to frighten us into swallowing his $1.1 trillion (once interest, etc., is figured in) crap sandwich carefully fails to mention two salient points;
1. This is all deficit spending. He anticipates borrowing the money, as we don’t have it. The question is, who’s going to lend it to him? China? Europe? The corporations he blames for the mess? Or is he going to balance the books by the time-honored method of seizing private assets “for the greater good”? Has he even thought this far ahead? (My guess is, “no”, as logic does not seem to be The Lightworker’s strong suit.)
2. He claims we need this “right now”, but even his staunchest supporters (Reich, Reid, etc.) admit that none of it will “kick in” for at least two years. This sounds to me suspicioualy like the old political gambit of waiting for things to get better on their own, and then claiming credit for it. If so, why do we need to spend money we don’t have anyway?
3. Demagoguery is quick, satisfying, and gives the one using it a feeling of power, especially if he has a Greek chorus of news media who are singing backup. What it doesn’t do is make the impossible possible, no matter what numbers are hallucinated by whom (hat tip to Scott Adams). If The One doesn’t believe this, he might want to look up the political careers of Ramsay MacDonald, Herbert Hoover, Juan and Eva Peron’, and of course Jimmy Carter. To say nothing of Benito Mussolini, who after 21 years was fired by his own government not just for getting his country into an unwinnable war, but also for transforming the third-strongest economy in Europe (after Britain and France- 1922) into the second-weakest within a decade (the only one weaker was Albania-1933). By methods remarkably similar to those The One advocates in the name of “sacrifice” and “bi-partisanship”.
The greatest fallacy of “progressivism” is the belief that socialism, syndicalism, etc., can be made to work, but that everyone else who ever tried it just “didn’t get it right”, and the modern, “enlightened” progressives will avoid their mistakes. In reality, it is no more possible to “get socialism right” than it is to “get the phlogiston theory of combustion right”- because both are based on fundamental misunderstandings of how the real world works.
Of course, as a lifelong politician and “community organizer”, The One’s contact with reality is at best slight and uncertain. Something those who voted for him should have realized before doing so.
So what if gold goes to $100,000 an ounce, as far as the Democrat/Marxist party is concerned. They've banned it once, they can ban it again.