lucky that the public attention span is short....

On Thu, Sep 6, 2012 at 1:49 PM, MJ <[email protected]> wrote:

>
> Thursday, September 6, 2012
> *Slick Willy Leaves 'Em Swooning
> *By, Chris Rossini
>
>
> Last night, Bill Clinton gave his Obama-nominating DNC speech. Don't be
> surprised if you see a headline today stating that some in the audience
> fainted (Michael Jackson style) from extreme adoration. The 50 minute
> speech<http://www.nationaljournal.com/2012-election/bill-clinton-s-speech-prepared-full-text-from-the-democratic-national-convention-20120905?page=1>was
>  loaded with goodies for government-lovers of all ages.
>
> Let's parse some of it:
>
> Willy describes Obama as: "A man who believes we can build a new American
> Dream economy driven by innovation and creativity, education and
> cooperation."
>
> Innovation, Creativity, Education and Cooperation are all elements of
> liberty. There's no need for a monolithic and monopolistic government. In
> fact, government force squashes all of them.
>
> Leonard Read described it perfectly: "...liberty is not something we
> design and construct but, instead, is a felicitous situation in which
> people find themselves once authoritarianism is abandoned."
>
> Clinton moves on and gives a shout out to Mussolini: "We Democrats think
> the country works better with a strong middle class, real opportunities for
> poor people to work their way into it and a relentless focus on the future,
> with business and government working together to promote growth and broadly
> shared prosperity."
>
> Mussolini loved the idea of business and government working together. He
> organized industries into State-supervised trade associations.
>
> Guess what Mussolini called them?
>
> "Cooperatives"
>
> Yes, a variation of the same word that Clinton used above: "cooperation."
>
> The speech continues: "It turns out that advancing equal opportunity and
> economic empowerment is both morally right and good economics..."
>
> Interesting.
>
> Clinton wants government to partner with certain businesses and create
> equal opportunity.
>
> Remember this when your business must compete with a large "too big to
> fail" who has the politicians in its pocket.
>
> A free market straightens this stuff out. You live and die by satisfying
> customers. Even a conglomerate could be gone tomorrow should market
> conditions change. Whether your business is large or small, if you fail to
> satisfy the consumer, the market will punish you equally as hard.
>
> I'm sure Clinton wasn't worried about his contradiction. The watery-eyed
> audience surely wouldn't put these thoughts together.
>
> Let's move on: "Unfortunately, the faction that now dominates the
> Republican Party doesn't see it that way. They think government is the
> enemy, and compromise is weakness."
>
> Republicans believe government is the enemy?
>
> I'm sure there were Republicans sitting at home watching and shouting at
> the TV: "What?? How dare he??"
>
> Republicans are a part of the government. They love war, subsidies,
> bailouts, crony capitalism, and the Fed.
>
> Democrats, of course, love these things too...the differences are merely
> cosmetic.
>
> Willy then enlightens us about Obama's superpowers: "He inherited a
> deeply damaged economy, put a floor under the crash, began the long hard
> road to recovery, and laid the foundation for a modern, more well-balanced
> economy that will produce millions of good new jobs, vibrant new
> businesses, and lots of new wealth for the innovators."
>
> The only truth in that statement is "He inherited a deeply damaged
> economy."
>
> It was the Fed that put an artificial floor under the crash, and by doing
> so, ensured that not even a toe has been put on the road to recovery. "I
> know many Americans are still angry and frustrated with the economy. Though
> employment is growing, banks are beginning to lend and even housing prices
> are picking up a bit, too many people don't feel it."
>
> I'll tell you what people do feel...higher prices and bills.
>
> And it isn't comforting knowing that banks are starting to lend money
> created by the Fed. It means even higher bills are on the way.
>
> Savings and Capital are the bedrock and foundation of a healthy economy.
> Banks lending funny money is the kryptonite. "People ask me all the time
> how we delivered four surplus budgets. What new ideas did we bring? I
> always give a one-word answer: arithmetic."
>
> Here's another version:
>
> Beginning in 1994, during the Mexican Crisis, Fed Chairman Alan Greenspan
> unleashed what would be the greatest money-printing spectacle that the
> world had ever seen.
>
> Remember the dot-com Nasdaq bubble?
>
> Those were the Clinton years.
>
> But Clinton decided to throw the word "arithmetic" out to the obsequious
> audience. Why pay attention to The 
> Maestro<http://www.minyanville.com/assets/Image/maestro.jpg>behind the 
> curtain? "My
> fellow Americans, you have to decide what kind of country you want to live
> in. If you want a you're on your own, winner take all society you should
> support the Republican ticket."
>
> We should be lucky enough for Republicans (and Democrats) to leave us
> alone.
>
> We're not.
>
> Clinton finishes with a statement that you can comfortably bet against: "I
> love our country – and I know we're coming back. For more than 200 years,
> through every crisis, we've always come out stronger than we went in."
>
> Ok...He (and his other half) love the country as it is.
>
> But the U.S. has not come out stronger through every crisis. It has come
> out weaker.
>
> It has come with government scrambling for just one more rabbit to pull
> out of the hat.
>
> Each crisis has been marked by an increase in government power, and a
> decrease in the soundness of the money.
>
> The former survives as long as the latter does. The trouble for government
> is, the latter is climbing into its death bed.
>
>
> http://www.economicpolicyjournal.com/2012/09/slick-willy-leaves-em-swooning.html
>
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