Gotterdammerung

JUST AN ASIDE BEFORE I REALLY GET STARTED:

The pro-abortion lobby is angry because the Susan G. Komen Foundation has cancelled funding to Planned Parenthood and they’re alarmed that Pfizer has announced a recall of some of its birth control pills, but they’re fuming over a Congressional investigation that indicates that tanning salons lie to their young female clients about the risks of cancer. I’m mystified that tanning salons merit the attention of the United States Congress but that’s where we’ve sunk as a society: The liberal kook fringe will demand a Congressional investigation into tanning salons as a threat to young women, and demand that minor girls should not be allowed to frequent tanning salons, but will simultaneously demand the right of those same young women to abort their babies. “Tanning beds – bad, killing children – good.” Insane.

In the final act of the final opera of the four-part cycle The Ring of the Nibelungs, Richard Wagner describes a scene of hopelessness and devastation. With the Rope of Destiny broken, his spear Gungnir shattered, the great hero Siegfried dead and the Ring of Power returned to the Rhinemaidens, Wotan, the father of the Norse gods, burns the great Hall of Valhalla to the ground, taking all the gods and heroes with him to a fiery death. Having lost everything, Wotan chooses suicide for himself and his entire race rather than live in mediocrity.

Wagner sought to portray this sort of self-destruction as noble and historians have opined that Adolf Hitler, himself a great fan and devotee of Wagner’s work, emulated Wotan’s example by choosing suicide not only for himself but for Germany as well at the end of World War II. Surrendering to the Allies, facing the ignominy of trial, humiliation and the hangman’s noose was too much to bear for the Fuhrer, even if surrendering meant saving the lives of his people, so he allowed the full weight of Russian fury and Allied bombs to descend on his country and blast it to oblivion. To my mind and the minds of many Germans I have met, this was the very model of insanity.

Here in the United States, Barack Obama, the Priest-King and Emperor of the Americas, stands atop the wreckage of the nation he was elected to lead. His stimulus plan has failed, his bank bailout plan has failed, his takeovers of the automobile manufacturing, insurance, banking and home mortgage industries have failed, a thousand companies have fled from Obamacare, his overtures to Russia, China, Iran and the Muslim world have failed, the model of his green energy initiative is bankrupt, his gun-running project to Mexican drug lords has failed and his Attorney General has been caught in a lie, he has suffered repulses in Massachusetts, New Jersey, Virginia, the midterm elections and in the Supreme Court, and as demonstrated in his State of the Union Address recently, he is out of ideas, at least ideas acceptable to him:

· He advocates Federal assistance to his union buddies in the manufacturing industry while he knows that America has shifted to a service-oriented economy
· He advocates helping his friends in the teachers unions
· He advocates price controls on universities
· He advocates allowing illegal immigrants to stay in America without the threat of deportation
· He advocates exploitation of our own oil and natural gas reserves at the same time that he blocks the Keystone pipeline
· He creates a Financial Crimes Unit to investigate shady financial deals when we know that the bad loans that caused the housing collapse and then the recession in 2008 were a direct result of pressure applied by Democrat Congressmen in the Nineties
· He advocates higher capital gains taxes on money that has already been taxed
· He advocates slashing military spending as China, Russia, Iran and Islamic terrorists threaten us across the world

In his mind, there is nothing left to do. He clings to the ideology of the Left, he cannot envision anything else, he keeps saying the same things and doing the same things and hoping the same things will work and when they don’t, he starts all over again. He keeps running on this philosophical scamper wheel because to try something else, anything else, would invalidate everything he believes in, and rather than face the humiliation of changing course, he dooms himself and his country to even greater suffering. Need some proof? Here’s what three years of Priest-King’s leadership has gotten us:

January 2011 unemployment rate: 8.5%
13.1 million people unemployed
2.5 million people marginally attached to the labor force (people who wanted to work and were available to work, who had looked for work within the previous 12 months but couldn’t find anything)
Actual unemployment rate: 9.9%
Source: http://www.bls.gov/news.release/pdf/empsit.pdf

6 million people collecting unemployment benefits
2.4 million people collecting state unemployment benefits
3.6 million people collecting Federal unemployment benefits
People can collect 26 weeks of state unemployment benefits, then collect up to 73 weeks of Federal unemployment benefits
Federal unemployment benefits have been extended eight times since June 2008
Cost of another extension: $44 billion

Reps. Barbara Lee and Bobby Scott claim that unemployment benefits stimulate the economy, one of the most absurd positions imaginable, akin to bleeding a patient to restore him to vigorous health.

The average time that the unemployed have been without work hit a record 40.5 weeks in September 2011.

Source: http://money.cnn.com/2011/10/11/news/economy/unemployment_benefits/index.htm

2011 Federal deficit: $1.299 billion
2008 Federal deficit: $248 billion
Source: http://www.usgovernmentspending.com/federal_deficit_chart.html

2011 Federal debt: $15.5 trillion
2008 Federal debt: $10.0 trillion
Source: http://www.usgovernmentspending.com/federal_debt_chart.html

2011 Federal debt represented over 100% of GDP
2011 interest on Federal debt stood at 3.5% of GDP (government will likely default if the interest on national debt reaches 12%)
Source: http://www.usgovernmentspending.com/spending_chart_2007_2016USp_XXs1li111mcn_H0f

2011 Federal spending as percentage of GDP: 24.7%
Source: http://www.heritage.org/budgetchartbook/runaway-spending-tax-revenue

2011 new single-family home starts: 606,900 (1.2 million starts would be expected in a healthy economy)
Source: http://money.ca.msn.com/investing/news/business-news/us-housing-starts-fall-2011-a-bad-building-year-1

Priest-King has spent more money than any other human being in the history of Planet Earth but we are left with a staggering, punch-drunk economy, eyes swollen shut and one haymaker away from hitting the canvas. Now with all this money being spent (which must include the Federal Reserve’s two Quantitative Easings, in which the Fed bought almost one trillion dollars of U.S. Treasury bonds to try to stimulate inflation and kick-start the economy), one would ordinarily think that inflation would be skyrocketing and adding to our list of troubles, but it isn’t: Although inflation has doubled since 2009, we are still left with a comfortable three percent rate. How can that be, you ask? Simple – when 15.6 million people can’t find work, unemployment acts as dead weight on the economy, slowing it to a crawl. Even with ridiculously low interest rates – the Fed’s prime interest rate still stands at 0.25% - people and businesses simply aren’t borrowing and spending and building as fast as a liberal community organizer thinks they should (new housing starts stand at half the norm), and since Priest-King can’t think of anything else to do but spend even more money, he determines to throw good money after bad :

2012 projected Federal pensions (including Social Security): $806 billion
2012 projected Federal health care (including Medicare and Medicaid): $866 billion
2012 projected Federal education: $121 billion
2012 projected Federal welfare: $432 billion
2012 projected federal defense: $925 billion or 24.8% of Federal expenditures
2012 projected Federal social programs spending: $2.225 trillion or 59.7% of Federal expenditures
Source: http://www.usgovernmentspending.com/current_spending

So we have absolutely amazing sums of money being dumped into the economy while interest rates remain at record low levels, meaning that our currency loses its value with every breath we take, we have millions of people out of work, businesses afraid to hire because of aggressive, adversarial policies pursued by the Federal government, the credit worthiness of the United States has been downgraded for the first time in history, free enterprise itself demonized by the President and his Occupy Wall Street co-conspirators and we have a debt heavy enough to sink us all and what does Priest-King propose to do? Why, slash the Pentagon, that’s what: Secretary of Defense Leon Panetta announced on 26 January $487 billion in cuts over ten years, including 72,000 soldiers and 20,000 Marines and the F-35 Joint Strike Fighter (cutting from 42 planes to 29 in 2012) and very plainly threatened the Republicans in Congress with the following:

“Make no mistake: the savings that we are proposing will impact on all 50 states and many districts, congressional districts, across America. This will be a test, a test of whether reducing the deficit is about talk or about action.

I understand how tough these kinds of issues can be, and I understand also that this is the beginning and not the end of this process. But my hope is that when members understand the sacrifice involved in reducing the defense budget by almost a half a trillion dollars that it will convince Congress of the important responsibility they have to make sure that we avoid sequestration.

That would be a doubling of the cuts, another $500 billion in additional cuts that would be required to take place through a meat- axe approach, and that we are convinced would hollow out the force and would inflict severe damage to our national defense for generations. “

Translation: Either increase taxes and spending or we’ll gut your precious Defense Department with a dull deer antler. Friends, this is like a gangster movie, when the bad guys kidnap a member of a rival gang and cut off a finger just to prove they’re serious. The Left will absolutely risk the national security of the United States, at a time when we are challenged by China, Russia, Iran and Islamic terrorists, before they cut social welfare and entitlement spending.

Source: http://www.defense.gov/news/newsarticle.aspx?id=66940
Source: http://www.defense.gov/transcripts/transcript.aspx?transcriptid=4962

But do we really have to increase taxes? Is our debt problem caused by a weak revenue stream? Will pillaging the wealthy get us out of this mess? Well, empirical data would indicate it won’t:

2011 Federal revenues: $2.15 trillion

Federal revenue has more than tripled since 1965 (Reagan tax cuts of 1981 and 1986, Bush tax cuts of 2001 and 2003)

And in a sharp rebuff to the Occupy Wall Street idiots and the liberal Democrat lawmakers who urge them on, the facts are that the top ten percent of wage earners pay 70% of Federal income taxes while the bottom fifty percent of wage earners pay only 3%. That debunks the myth that wealthy people don’t pay their fare share of taxes, when the truth is that wealthy people pay an extremely disproportionate share of the total while the middle class pays almost nothing and consumes everything in sight. The truth is, friends, that the Federal government receives plenty of money, mountains of money, but blows it so much faster than it takes it in.
Source: http://www.heritage.org/budgetchartbook/federal-government-revenues

So if Priest-King won’t listen to reason on this side of the Atlantic, will he take a lesson from our allies on the other? Absolutely not. The bailouts of Belgium, Ireland, Portugal, Spain, Italy and Greece and the possible collapse of the eurozone itself do not register with him. Hugely unrealistic social welfare programs, free education and health care for life, two years of paid family leave after the birth of a child, thirty-hour work weeks and lavish retirement plans that crush whole governments and steal their sovereignty make no impression on him. He believes with all his soul that socialism is good, socialism is fair, socialism overcomes the fundamental injustices of life and if it has failed at all (he ignores the collapse of the Soviet Empire and China’s transformation to a market economy), it has failed because it just hasn’t been tried hard enough, to which I say, !@#$%^. Life is indeed unfair but if you live in the United States, you have a better chance of having a prosperous life than anywhere else on Earth as long as you have the nerve to try for it. Pitching a tent in front of the New York Stock Exchange, screaming at the police and demanding that your college loans be forgiven won’t cut it, and neither will dragging your country into the flames with you when your plans fail. What WILL work is voting Barack Obama out in November, consigning his debacle of a Presidency to the abyss and starting over, older, considerably poorer but wiser.


Source: http://primerate.wsjprimerate.us/2011_01_01_archive.html
Source: http://www.usinflationcalculator.com/inflation/current-inflation-rates/
Source: http://www.foxnews.com/politics/2012/02/02/new-report-released-by-gop-lawmakers-suggests-top-justice-officials-had/
Source: http://www.foxnews.com/politics/2012/01/24/transcript-obamas-2012-state-union/
Source: http://abcnews.go.com/Health/federal-investigation-finds-indoor-tanning-salons-deny-health/story?id=15483714
Source: http://abcnews.go.com/Health/Wellness/pfizer-recalls-birth-control-pills-cites-packaging-error/story?id=15490045
Source: http://abcnews.go.com/Health/video/susan-komen-cuts-ties-planned-parenthood-15493090

The Last Thing that went through his Mind was an American Bullet

Excerpt from the fatwa written by Osama bin Laden and faxed to the Al Quds Al Arabi newspaper in London in August 1996, amounting to a declaration of war against the United States, Israel, the West and Christianity itself:

"Our Lord, the people of the cross had come with their horses and occupied the land of the two holy places. And the Zionist Jews fiddling as they wish with the Al-Aqsa mosque, the route of the ascendence of the Messenger of Allah (ALLAH'S BLESSINGS AND SALUTATIONS ON HIM). Our Lord, shatter their gathering, divide them among themselves, shake the earth under their feet and give us control over them; our Lord, we take refuge in you from their deeds and take you as a shield between us and them."

Jeremiah 50:31-34:

"Behold, I am against thee, O thou most proud, saith the Lord GOD of hosts: for thy day is come, the time when I will visit thee.

"And the most proud shall stumble and fall, and none shall raise him up: and I will kindle a fire in his cities, and it shall devour all round about him.

"Thus saith the LORD of hosts: The children of Israel and the children of Judah were oppressed together: and all that took them captives held them fast; they refused to let them go.

"Their Redeemer is strong, the LORD of hosts is His Name: He shall thoroughly plead their cause, that He may give rest to the land, and disquiet the inhabitants of Babylon."

No matter where you go, no matter how long it takes, no matter how much it costs, no matter what we have to do or what we have to sacrifice, no matter who we offend, we will never, ever, ever give up hunting you. We will hunt you to the very ends of the Earth, to the dark side of the moon if we have to. If it is God's Will that you escape us and die of old age, so be it; but if it is God's Will that you fall into our hands, we will come for you in the night, we will shoot you in the face in front of your children and dump your body in the ocean for the sharks to fight over. And when you are dead, you will face the justice of Almighty God, administered immediately, righteously and eternally for torturing and murdering His saints. This is the end reserved for the servants of Lucifer.

Barack Obama Gave Chrysler $6 Billion of Your Tax Dollars So These Bums Could Drink and Get High

Source: http://www.youtube.com/watch?v=7TI58yHgk40

Winston Churchill on Barack Obama

The greatest statesman of the 20th century comments on the biggest pipsqueak ever elected President of the United States, with apologies to Jimmy Carter:

"A good many of those gentlemen who have delightful rosy views of a noble and brilliant future for the world are so remote from hard facts of daily life and of ordinary politics that I am not very sure that they will bring any useful or effective influence to bear upon the immediate course of events.”
Kinnaird Hall, Dundee, 14 May 1908

“Socialism is inseparably interwoven with Totalitarianism and the abject worship of the State…This State is to be the arch-employer, the arch-planner, the arch-administrator and ruler, and the arch- caucus boss.”
London, 04 June 1945

“The inherent vice of Capitalism is the unequal sharing of blessings. The inherent virtue of Socialism is the equal sharing of miseries.”
Commons, 22 October 1945

“Socialism is the philosophy of failure, the creed of ignorance, and the gospel of envy.”
Perth, 28 May 1948

“Socialism is based on the idea of an all-powerful State which owns everything, which plans everything, which distributes everything, and thus through its politicians and officials decides the daily life of the individual citizen.”
London, 21 January 1950

“You may try to destroy wealth, and find that all you have done is to increase poverty.”
Commons, 12 March 1947

“We shall not allow the advance of society and economic well-being of the nation to be regulated and curtailed by the pace of the weakest brethren among us. Proper incentives must be offered and full freedom given to the strong to use their strength in the commonweal. Initiative, enterprise, thrift, domestic foresight, contrivance, good housekeeping and natural ability must reap their just reward. “
Blenheim Palace, 04 August 1947

“I warn you solemnly, if you submit yourselves to the totalitarian compulsion and regimentation of our national life and labour, there lies before you an almost measureless prospect of misery and tribulation of which a lower standard of living will be the first result, hunger the second, and a dispersal or death of a large proportion of our population the third.”
Blenheim Palace, 16 August 1947

“State Management has proved, in every case where it is applied, to be cumbrous, wasteful, and incompetent. Moreover, the wage-earners in all these nationalized industries are rapidly finding out how far more flexible and comprehending compared to the all-powerful, remote and sullen control of the State was the private employer.”
Woodford Green, 10 July 1948

“Rich men, although valuable to the revenue, are not vital to a healthy state of society, but a society in which rich men are got rid of, from motives of jealousy, is not a healthy state.”
Commons, 24 April 1950

“The worst difficulties from which we suffer do not come from without. They come from within. They do not come from the cottages of the wage-earners. They come from a peculiar type of brainy people always found in our country, who, if they add something to its culture, take much from its strength.”
Royal Society of St. George, London, 24 April 1933

Stand Up, Chuck!

The top ten reasons why nobody will assassinate Barack Obama, ever:

10) "I wouldn't go anywhere in confined places now. … When one person sneezes it goes all the way through the aircraft. That's me. I would not be, at this point, if they had another way of transportation, suggesting they ride the subway." --Joe Biden, providing handy tips to protect against the swine flu and freaking us out, "Today Show" interview, April 30, 2009
9) "If we do everything right, if we do it with absolute certainty, there's still a 30% chance we're going to get it wrong." --Joe Biden, speaking to members of the House Democratic caucus who were gathered in Williamsburg, Va., for their annual retreat, Feb. 6, 2009

8) "Jill and I had the great honor of standing on that stage, looking across at one of the great justices, Justice Stewart." –Joe Biden, mistakenly referring to Justice John Paul Stevens, who swore him in as vice president, Washington, D.C., Jan. 20, 2009 (Watch video clip)

7) "Look, John's last-minute economic plan does nothing to tackle the number-one job facing the middle class, and it happens to be, as Barack says, a three-letter word: jobs. J-O-B-S, jobs." --Joe Biden, Athens, Ohio, Oct. 15, 2008 (Source)

6) "When the stock market crashed, Franklin D. Roosevelt got on the television and didn't just talk about the, you know, the princes of greed. He said, 'Look, here's what happened." –Joe Biden, apparently unaware that FDR wasn't president when the stock market crashed in 1929 and that only experimental TV sets were in use at that time, interview with Katie Couric, Sept. 22, 2008 (Watch video clip)

5) "Hillary Clinton is as qualified or more qualified than I am to be vice president of the United States of America. Quite frankly, it might have been a better pick than me." --Joe Biden, speaking at a town hall meeting in Nashua, New Hampshire, Sept. 10, 2008 (Source)

4) "A man I'm proud to call my friend. A man who will be the next President of the United States — Barack America!" --Joe Biden, at his first campaign rally with Barack Obama after being announced as his running mate, Springfield, Ill., Aug. 23, 2008 (Watch video clip)

3) "I mean, you got the first mainstream African-American who is articulate and bright and clean and a nice-looking guy. I mean, that's a storybook, man." –Joe Biden, referring to Barack Obama at the beginning of the 2008 Democratic primary campaign, Jan. 31, 2007 (Source)

2) "You cannot go to a 7-11 or a Dunkin' Donuts unless you have a slight Indian accent.... I'm not joking." --Joe Biden, in a private remark to an Indian-American man caught on C-SPAN, June, 2006 (Watch video clip)

...and the number one reason? (Drumroll, please.)

1) "Stand up, Chuck, let 'em see ya." –-Joe Biden, to Missouri state Sen. Chuck Graham, who is in a wheelchair, Columbia, Missouri, Sept. 12, 2008 (Watch video clip)

What a Difference a Year Makes!

On 20 January 2009, Barack Hussein Obama assumed the Presidency of the United States of America amid a frenzy of adulation unexcelled by Elvis, the Beatles, returning astronauts or Miley Cyrus. His millions of hypnotized followers accepted every word he uttered with an unquestioning, nearly religious enthusiasm (which prompted my dubbing him Priest-King) and those words were transmitted just as enthusiastically by the legacy Left-wing media, especially his blistering attacks on George W. Bush for his handling of the economy, and the facts seemed to support him. When he took office, Barack Obama inherited an economy in recession. Unemployment stood at 7.6% with 2.6 million jobs lost in the previous twelve months. The Gross Domestic Product (GDP) was growing at an anemic rate of 0.4% for 2008 and worst of all, Mr. Bush's spendthrift policies (embraced by his Republican colleagues in Congress) had nearly doubled the national debt to $10.7 trillion, a nearly incomprehensible figure that refuted the Republicans' traditional claim that they are responsible stewards of the people's money. He would do better, Priest-King promised; he would do whatever it took to put people back to work, reverse the recession and ignite a new wave of prosperity that would lift every American's standard of living, what he called "sustainable growth." This was his promise and his adorers believed him, with a passion.

So, one year later, how high has Priest-King lifted us? To the very stars themselves and beyond? To the clouds? Surely to the snowy summit of Mount Olympus, at the very least? Please let there be proof, let there be boatloads of evidence, facts, figures and data to more than substantiate Priest-King's promises because surely he would not lie:

20 January 2009 unemployment rate: 7.6%

20 January 2010 unemployment rate: 10.0%

20 January 2009 - 20 January 2010 total jobs lost: 3.4 million

20 January 2009 inflation rate: 3.85%

20 January 2010 inflation rate: -0.4%

20 January 2009 GDP rate of growth: 0.4%

20 January 2010 GDP rate of growth: -2.4%

20 January 2009 national debt: $10.7 trillion

20 January 2010 national debt: $12.2 trillion

This...this can't be right. After a solid year of Priest-King's unmatched leadership, unemployment has actually increased? Over three million Americans who were employed on his Inauguration are now looking for work? Inflation and GDP growth are both negative, indicating a contracting economy, not a rocket ship? This is insane! We've passed a $789 billion stimulus package and a $1 trillion bank bailout package (added to the $160 billion stimulus of Spring 2008 and the $700 billion TARP package under President Bush), and Priest-King has requested a 2011 Federal budget of $3.75 trillion. Are we saying that massive spending, massive tax increases and massive deficits hurt the economy? That Priest-King not only failed to stop the recession but actually accelerated it? That would mean that Priest-King is either absurdly incompetent or...or... lying.

...or absurdly incompetent and a liar with an ulterior motive. Barack Hussein Obama couldn't care less about the economy or jobs or recovery or even helping people but he cares intensely about restructuring America into a true socialist state. He cares about transferring huge amounts of wealth from people who earned it to people who didn't, about dismantling the free enterprise system and installing a giant government-run construct that would regulate every facet of human life, about ensuring that his constituents - Big Labor, radical environmentalists, Leftist one-worlders - are sumptuously and permanently supported by the top ten percent of Americans who already pay 65% of all Federal income taxes. To him, the reason why his spending programs haven't yet triggered a recovery is because he hasn't yet spent enough, and so he seeks to spend even more, even faster. Why would he devote so much time and effort to his ridiculous health care reform bill when the economy was bleeding so badly? Because health care reform would get him where he wanted to go: The conversion of the world's oldest and greatest democracy into a feeble soup kitchen, Finland writ large.

But here's the thing: We have all the proof we need. Failure can register just as well as success, and after a year of overwhelming power in the White House, Congress and state legislatures, Barack Obama has failed to deliver. THERE IS NO RECOVERY. Deficit spending, huge taxes, more regulation, government takeovers and printing money have increased unemployment, throttled the economy, intimidated businesses and built a mountain of debt that will crush our great-grandchildren. (The economy grew at a rate of 5.7% during the last quarter of 2009 while the unemployment rate reached 10.2% at its worst, indicating that businesses were shedding jobs and more productive with the workers they still had. If Priest-King wants to claim credit for improving GDP by scaring the hell out of people, let him try.) And I'm not alone in seeing the truth. The American people reacted to Priest-King's imperial takeover through the TEA parties, the angry town hall meetings and the Republican victories in Virginia, New Jersey and Massachusetts, and by driving his approval rating from 65% to 50% in a single year. They see what's he's done, they see what he wants to do and they want no part of it. They love their liberty and they're willing to fight for it, hard. What a difference a year makes.

Source: http://www.bls.gov/news.release/empsit.nr0.htm

Source: http://blog.heritage.org/2009/11/06/obama-jobs-deficit-hits-77-million-and-climbing/

Source: http://money.cnn.com/2009/01/09/news/economy/jobs_december/

Source: http://data.bls.gov/cgi-bin/surveymost

Source: http://www.bea.gov/newsreleases/national/gdp/gdpnewsrelease.htm

Source: http://www.rasmussenreports.com/public_content/politics/obama_administration/daily_presidential_tracking_poll

Source: http://blog.heritage.org/2010/02/03/obama-continues-down-road-to-greater-job-loss-less-freedom/

Vox Populi

It's been a terrible week for the American liberal. First, Martha Coakley blew a thirty-point lead in the polls to lose Ted Kennedy's Senate seat - or as the victor Scott Brown properly called it, the People's seat - to a Republican unknown, giving the GOP the one vote they needed to filibuster President Obama's health care hijacking bill. Next, the Supreme Court ruled 5-4 in Citizens United v. Federal Election Commission that restrictions on corporate political advertising are a violation of the First Amendment right to free speech and thus unconstitutional, reversing 35 years of liberal-driven legislation designed to throttle non-union participation in the political process. Last, Air America, the libs' supposed answer to Rush Limbaugh, filed for Chapter 7 bankruptcy protection and will air its final broadcast tomorrow the 25th. What's a liberal to do?

Well, for one thing, Priest-King wasn't willing to surrender the political momentum quite yet and spent Thursday lashing out at the banking industry (kneeing the markets in the groin yet again) and repeated himself at a town hall meeting in Ohio on Friday. In his deluded, socialist true-believer mind, the defeats in Massachusetts and the Supreme Court weren't rebukes of his policies but the result of a dark conspiracy between evil Wall Street bankers, die-hard conservatives and "special interests," by which he means special interests who support his opponents, not him. He cannot accept that ordinary people simply disagree with him, that they object to his radical agenda and the candidates he's endorsed, whether in Massachusetts or New Jersey or Virginia. As I have remarked repeatedly in this space, Priest-King sees himself as an epic figure standing above history, law and politics, whose vision is glorious and whose will should be obeyed as holy writ, thus his frustration when that self-image is rejected. His victory in 2008 closed the debate as far as he is concerned so he sees further discussion as not only unnecessary but rebellious. Watching him on television on Thursday, one could see the indignation seething out of him as he lambasted the financial industry, as if the TEA parties, the town hall meetings and the recent conservative electoral victories were insubordination rather than legitimate political expression. Capitalism is evil and must be destroyed, thinks Priest-King, public opinion and Scott Brown be damned.

But the voice of the people must prevail. As the people chose Barack Obama in 2008, they have chosen Scott Brown, Chris Christie and Bob McDonnell now. Instead of corrupt incumbents engineering their re-elections by strangling political speech they can't control, the people can freely support issues through their businesses just as trade unions have been doing for decades. And instead of listening to the hysterical rantings of Leftist hacks on the radio, the people tuned into Rush Limbaugh and left Air America to its fate, a bankrupt failure in the market and as an idea. Vox populi.

Source: http://www.foxnews.com/story/0,2933,583645,00.html

Source: http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/7046668/Barack-Obamas-speech-on-banking-reform-in-full.html