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    This site was originally about the real estate industry, but now it is about politics, economics, government, freedom, entrepreneurship, innovation, objectivty and other such stuff important to humans. I uphold libertarian principles and believe wholeheartedly in limited government -- this blog explains why.

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    « A bamboozled country -- those clever government rascals | Main | McCain wins »
    Saturday
    27Sep

    Beyond the personalities -- Obama means more statism

    Basically, what Obama is proposing is high taxes on the rich, nationalization of healthcare, more money flowing into failed public education, concentration of the war on terrorism on symbolic police action to find Osama bin Laden, more social engineering through energy policy, government control over free market financing and more social programs to fight poverty.

    What this means is that companies will cut more jobs due to higher taxes, freeze beneifits to workers or raise prices for goods and services, thereby hurting the middle class to a greater extent than the small tax cuts will help and creating more demand for an increase in entitlement programs.

    National healthcare will add to our debt and lower quality in healthcare. it will be the beginning of a brain drain in health care as young people move into less regulated fields of endeavor and older workers retire early or make career changes.

    Public education will be strengthened in power but will remain incompetent to meet 21st century demands for better education, and private, innovative alternatives will be weakened. The teacher's union will gain another layer of protection.

    Foreign policy will be a confusion of European-style compromises and weakened national defense. I find it difficult to believe that our military will respect Obama after what he has said about Iraq -- and his lack of direct involvement with them.

    Energy policy will be burdened with misguided subsidies to politically correct alternative schemes rather than the immediately important problem of oil. Rather than lifting restrictions to drill for oil in places where it's most bountiful, tax dollars will be wasted to prop up connected environmentalist efforts.

    Finally, Obama will take advantage of the financial weaknesses to establish governmnet control of the economy, advancing a failing statism that could have catastrophic results. Government power will grow to the point that fast moving, flexible companies will either fold or flee to other countries.

    Yet, we may see an Obama presidency with outrageous media support like this  ---  The poll is rigged, but what the hell -- which is astounding. This year's election is revealing a media bias that is blatantly open -- Objectivity is dead.


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