Monday, March 30, 2009

The Political Chess Match

Heaven forbid anyone should gore someone's political "sacred cow"!

Have we forgotten the simple skills involved in using a calculator?  Why is it so offensive to so many Americans to lay out some simple arithmetic?

Most of Obama's plan fails under any rational examination (irrespective of how his auto plan comes in) with a $6 calculator. However, if someone says so they are a racist, a Republican, an idiot, a religious right moron, a Libertarian, (pick your boogey man) etc... Examining the numbers is not a personal attack!

We have taken our political freedoms to the extreme if we believe that we have a political RIGHT to blow up the system with ill conceived budgets, programs, and policy if the majority wishes to do so.  You can't tax and confiscate money that is not there for very long.  You CAN print it in the short term, but that ALWAYS leads to ruin.

The Left and the Right both got what they wanted, obviating the need for the continued presence of either going forward.  The Left wanted wealth redistribution to make things fair - well, the markets are doing that quite well, thank you.  Soon no one will have anything.  The Right wanted personal responsibility - I hope they REALLY wanted it, because here it comes - the pension system is going to blow up, and the true thing that people counted on - the continued extraction of pension benefits from new member's of the ultimate ponzi scheme - will no longer be possible. 

Careful what you ask for, you may just get it.

So now these groups are in shock.  They sort of get it that they don't matter in the way that they used to, but they are having a great deal of angst about it and their anger is palpable.  This goes for GM and Government workers, Feminists, Racial Leaders, Religious Leaders... sort of a "Trail Mix" bundle of political interests that had been fighting over the spoils of the status quo - but the status quo just stepped on a land mind.

If you enjoy arguing over yesteryear's issues, by all means, have at it. 

We are at the beginning of the end game in this political chess match.

I grew up in a G.M. factory town 10 miles north of the New York City border.  (Actually, it was half gritty, blue collar, factory town... and half high earning professionals commuting into the city from their beautiful suburban homes - I was from the blue collar side of town.)  I know a great many people whose lives are going through the meat grinder at the moment.  UAW as well as management.  They had lost their G.M. stock investment some time ago, and now the pension and other retirement benefits they were "counting on" appears to be at risk.  "Counting on" anything in the financial system for the long run is, I think, very poor planning.  

This story will be repeated over and over across many companies, industries, and even governments over the next decade.

Mentatt (at) yahoo (d0t) com



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