America, The Tipping Point Is Now!

When I started writing my web page articles several years ago, there would be weeks where I would have to struggle to find a topic. Political discourse was routine stuff, and much of it was boring. No more. America is changing before my eyes, and its citizens are blind to the dangers as long as the change is done to rock beat bumper music. If my generation screamed for drugs, sex, and rock n’ roll, we should be happy. That is all that will be left.

The headlines are scaring me. When I hear Jack Welch, former CEO of General Electric, commenting on CNBC that he is scared, then there is reason to be concerned. What would have been taboo just a year ago, is the norm today. America voted for “change” this past election, but I don’t think it will like the change that it gets.

Frightening headlines are ignored by the body politic. "FEDS TELL BANK OF AMERICA TO CHANGE ITS BOARD." "OBAMA FIRES GM CEO." "AUTO ADVISORY BOARD TELLS CHRYSLER TO CUT ITS ADVERTISING BUDGET BY HALF." "GOVERNMENT ORDERS AUTO INDUSTRY TO CUT DEALERSHIPS." "GOVERNMENT TO SET SALARIES FOR BANK EMPLOYEES." Is this the change you voted for? Do you truly believe that a government bureaucrat can determine the advertising budget for car companies and the salaries bank employees? And folks, this just isn’t the CEO’s of financial companies. This reaches down to loan officers.

Major corporations are complicit in what is happening. In a letter to shareholders, GE Chairman Jeffrey Imelt wrote that capitalism has hit the “reset” button, and GE is entering into a new partnership with the government to make our lives better. Really? Business is looking for the easy way out, rather than face its challenges with guts and innovation. Even Moody's has warned that America's AAA Bond rating is in jeopardy because of the massive amounts of debt. The Treasury Bond Auctions have not gone well these past few weeks. That spells higher interest rates ahead.

And a ½ term Senator from the south side of Chicago, a product of government largess and scholarships, who never worked a day in his life in anything other than social outreach programs and in government jobs, is now bullying his way into every aspect of your, and our, lives. His complete disregard for the Rule of Law as relates to bankruptcy and the rights of bond holders is more than scary. Here is the dirty little secret: if Obama can do it to the bondholders of Chrysler and General Motors, HE CAN DO IT TO YOU!!!!

The country has reached the tipping point where ½ the population pays no income tax and relies on the work of others to provide what the country needs. One of the pitfalls of democracy is that it is easy to get 51% of the population to vote to force the other 49% to foot the bill. Of course what happens is the other 49% stops working. Entrepreneurship stops. Trickle down economics becomes bubble up poverty. This, at a time when the national debt is now at unsustainable levels as Barack Obama, Nancy Pelosi and Harry Reid have gone on a spending spree using other people’s money. ANYONE CAN USE CREDIT TO BUY STUFF. There is nothing noble about what they have done. Folks, they are using a forecast of sustained 4% GDP growth to justify what they are doing. THERE IS NO SUCH THING!!!

Add to the mix cap and trade, and I will bet a good portion of you don’t know what that is and how it will affect your daily lives, there is a zero chance of any meaningful economic recovery. There isn’t an economist alive that doesn’t believe that the taxes and increase energy costs we will be facing are draconian to the point where our standard of living will collapse, putting our political system at risk in the process. And the press, a product of liberal journalism schools in universities that profess to value diversity of opinion but refuse to hire anyone other than left wing ideologues, has rolled over.

Wake up, America. If you want to know at what America will look like in a few years, look to the incubators of liberal ideological thought: Michigan, California, and Massachusetts, all of which are on the brink of bankruptcy. The tipping point is here and now. Do we face our country’s challenges as responsible individuals through innovation and reward for hard work, or do we take the easy way out relying on the collective?