Posted by
skep41 on Sunday, November 02, 2008 11:44:48 AM

It dont look good. For McCain to win
every poll has to be extremely wrong. Not just some of them, not just one or two of them but
all of them. No matter how you slice it this looks like the end. Its depressing.
George
Will today has a column pointing out that LBJ won and had vast
majorities in Congress and that after Watergate in 1974 the Congress
was swept clean of Republicans, setting the stage for what was
effectively six years of Congressional rule. He forgot to mention 1992
when Clinton and the Democrats dominated both branches. According to
Will the country survived all these Democratic victories quite nicely.
Or
did it? Wasn't LBJ's victory in 1964 the beginning of the nation's
unchecked slide into welfare-state socialism? Didn't the 1974
Democratic majority take the viable South Vietnamese nation, which had
defeated the Viet Cong completely in the countryside and was holding
off the North Vietnamese Army, and defund all military aid to the
South? This set the stage for an NVA invasion and the throwing away of
two decades of valiant efforts to keep the people in the south from the
most brutal form of slavery ever known in human history. It also set in
course a falling of dominoes in the Third World which came
very close
to losing the Cold War for the West. The Clinton victory ushered in an
age where lies and corruption permeated the government. The rules and
the truth were thrown out and a permanent state of war was declared on
anyone who disagreed. Republicans or whistle blowers were destroyed as
confidential government records, sealed divorce transcripts and
supposedly sancrosanct medical records were combed and any juicy bits
were handed to the increasingly partisan and compliant liberal media.
The
public rewarded the Democrats for their misbehavior. The lies worked.
Little by little the integrity of the system was eroded. Republicans
were eager to 'cross the aisle' to accommodate this trend. Only a
handful of stalwarts from states inhabited by the remaining few
Americans who still believed in the old verities remained on the scene
yelling unheard into the ether. After Clinton crushed Newt Gingrich and
then torpedoed Livingston as his replacement a gigantic but
feeble-minded creature named Dummy Hastert emerged to 'lead' the House
Republicans away from the policies of the defeated Gingrich and
Livingstone and into the boundless pasture of legislative corruption
where they and their Democratic buddies were able to feed in groovy
bi-partisan harmony on the dense fodder that an ever-expanding
government could offer.
But now we are at the end game. The
erosion of the integrity of the democratic system is at one with the
erosion of the integrity of our social system. Mass media has so
destroyed people's political consciousness that the whole concept of
democracy and freedom has become meaningless. American's are so inured
to debt that the swelling national debt and the geometric expansion of
its unfunded obligations just reminds them of their own financial
dilemma. They don't see that the system that they live in, that they
have known since birth and which has been consistently raising their
standard of living for the last 63 years, can fail.
But this
last Democratic Party victory is indeed 'America's Chickens Coming Home
To Roost'. The economic system which created the last burst of wealth
will be stressed into a permanent decline, its innovative wealth
creation strangled by a death-grip from intrusive regulators,
confiscatory taxes, and predatory unions. This will drag the public
sector into bankruptcy. It already has in New York, New Jersey and
California. Without a trillion-dollar bailout these three states'
governments will implode. Their bonds are probably as worthless as a
pack of sub-prime mortgages. And who are the main holders of California
Government Bonds? CALPERS, the pension fund that pays out outrageous
retirement pensions to state employees who retire to live in luxury in
their mid-fifties. That fund also was big in the bundled mortgage
market. What would a California bond default do to those pensions?
But
the voters of this state are fearless and believe in the future! When
the hated Bush wouldn't fund embryonic stem-cell research the good
citizens of this state passed a three-billion dollar bond measure to
fund embryonic stem-cell research. Dozens of breakthroughs have
resulted from this. I'm sure of it. Really. This year the buzz-word is
'alternative energy' and the bond issues infest the ballot to the tune
of tens of billions. Throw in a few bill more for mass transit,
children's hospitals, and veterans and add that to the ten billion
dollars the state has to borrow just to pay its bills and you have the
entire problem in a nutshell. There is no opposition party standing up
and pointing out that all children in California are automatically
insured by the state already and that the incoming Obama Administration
is promising additional federal largesse to these already pampered
prepubescents who might not really need an extra 3 billion dollars at
this point. There is no opposition party pointing to the head-on
collision with insolvency that our nation is facing from all these
'socially conscious' policies. So the happy morons of Cali will tromp happily to the polls and vote to
hand a couple of billion borrowed dollars over to T. Boone Pickens.
The real estate bubble bursting
was like the little chest pain and fluctuation from a mild heart
attack. Now Obama is going to take power, put his big feet up on the
desk and fire up a giant-sized Marlboro of taxes and spending to the
applause of a befuddled electorate who has installed him to make their
lives OK after the Evil Bush wrecked everything. He'll be chain-smoking
these compassion ciggies and also laboring hard to make sure that the boys are all
getting their cut, that's only fair. Lets hope that the national ticker
can take it.