Bold Colors Blog

Stickin’ it to the libs, one day at a time

Posts Tagged ‘Depression’

A sad little opinion piece from Peggy Noonan

Posted by Liberty on March 15, 2009

There’s No Pill for This Kind of Depression

“…the economy isn’t the only reason for our unease. There’s more to it. People sense something slipping away, a world receding, not only an economic one but a world of old structures, old ways and assumptions. People don’t talk about this much because it’s too big…”

I feel sad writing this but Peggy Noonan’s piece really resonates with me.  She attempts to explain and define the malaise that we’ve found ourselves in.  Read it and see what you think.

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In light of my last post…

Posted by Liberty on January 24, 2009

I know if you read my last post, you’ve probably had it with negativity but I wanted to make sure to link to two editorials that Dick Morris put out this week.  The first one was published on TheHill.com on January 20. 

The Obama Presidency:  Here Comes Socialism

“2009-2010 will rank with 1913-14, 1933-36, 1964-65 and 1981-82 as years that will permanently change our government, politics and lives. Just as the stars were aligned for Wilson, Roosevelt, Johnson and Reagan, they are aligned for Obama. Simply put, we enter his administration as free-enterprise, market-dominated, laissez-faire America. We will shortly become like Germany, France, the United Kingdom, or Sweden — a socialist democracy in which the government dominates the economy, determines private-sector priorities and offers a vastly expanded range of services to many more people at much higher taxes.

Obama will accomplish his agenda of ‘reform’ under the rubric of ‘recovery.’ Using the electoral mandate bestowed on a Democratic Congress by restless voters and the economic power given his administration by terrified Americans, he will change our country fundamentally in the name of lifting the depression. His stimulus packages won’t do much to shorten the downturn — although they will make it less painful — but they will do a great deal to change our nation.”

Morris goes on to forecast how Obama’s reckless fiscal policies will create a permanent dependent class.

“But it is not his spending that will transform our political system, it is his tax and welfare policies. In the name of short-term stimulus, he will give every American family (who makes less than $200,000) a welfare check of $1,000 euphemistically called a refundable tax credit. And he will so sharply cut taxes on the middle class and the poor that the number of Americans who pay no federal income tax will rise from the current one-third of all households to more than half. In the process, he will create a permanent electoral majority that does not pay taxes, but counts on ever-expanding welfare checks from the government. The dependency on the dole, formerly limited in pre-Clinton days to 14 million women and children on Aid to Families with Dependent Children, will now grow to a clear majority of the American population.”

The second editorial has pretty similar content.  It came from www.dickmorris.com and was published on January 22. 

Beware Obama’s Trojan Horse

“He will call this radical change a stimulus package. He will dress up a generation of liberal priorities as necessary steps to fight the economic crisis. His programs and policies won’t do much to end the depression. It will end only after the massive burden of debt is lifted from the shoulders of American and foreign households and companies, a process which will take years. At most, his stimulus will act as methadone while we withdraw from our debt addiction, mitigating the pain, smoothing over the trauma, and soothing our system.

But Obama’s strategy is to hide inside the Trojan Horse of stimulus an army of radical measures to change America permanently.”

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