Hypocrisy is a form of lying in which we feign that we are
not ourselves. Sanctimony is hypocrisy
combined with a holier-than-thou attitude.
The party-of-government must have invented these phenomena. This article provides some insight. Read what one senator had to say about the
fiscal crisis and leadership.
"The fact that we are here today to debate raising America’s
debt limit is a sign of leadership failure. It is a sign that the U.S. Government can’t
pay its own bills. It is a sign that we
now depend on ongoing financial assistance from foreign countries to finance
our Government’s reckless fiscal policies. … Increasing America’s debt weakens
us domestically and internationally. Leadership means that 'the buck stops here.' Instead, Washington is shifting the burden of
bad choices today onto the backs of our children and grandchildren. America has a debt problem and a failure of
leadership. Americans deserve better."
The senator was Barack Obama. It was in 2006 as he explained his opposition to
raising the debt ceiling. Today, the
Kleptocrats want a raise in the debt ceiling that is already 60 percent higher
than the one Barack Obama said was ‘a sign of leadership failure’ five years
ago. Ah, but when they do it, increasing
the national debt is actually an investment.
Speaking of investment, it is déjà vu all over again with O-buma. He wants to ‘invest’ tax dollars in what he
called a ‘partnership’ between the federal government and an initial group of
11 major corporations. If the past augurs
the future, Congress should prevent him and the other Corruptocrats from
squandering more tax dollars. Taxpayers
lost $1.3 billion on the O-bumites’ investment in Chrysler. This was after they stole the company from
its stockholders and bondholders.
So far, O-buma’s version of investing has been little more
than diverting scarce tax dollars toward public and private sector unions to
maintain their political support. In the
above referenced article, his scheme is to put money into Caterpillar, Corning,
Dow Chemical, Ford, Honeywell, Intel, Johnson and Johnson, Allegheny
Technologies, Stryker and Proctor and Gamble.
Those companies’ stockholders should beware. Intelligent people learn from their mistakes, but the wise learn from the mistakes of others. They could learn from the bitter lessons
that Congressional confiscators taught the nation’s bankers and Wall Street
firms. It is the Tony Soprano Rule. The reason for the loan is to take over the
business.
It is little wonder that the US is in such a mess. Professional liars run the Senate and White
House. People who are philosophically
opposed to profit making control vital industries. When it comes to making sound business
decisions, Congress and their regulators could not find their collective
backside conducting a two-handed search.
Will Rodgers observed long ago that the budget is a mythical beanbag. Congress votes
mythical beans in and then reaches in and tries to pull real beans out. Businesses cannot operate that way for long.
