The New Soviet Power

Even for someone like me who has declared the Republican party dead and the conservative press less than useless, the commentary surrounding the debt limit crisis is nothing short of remarkable. Seeing columnists like Krauthammer and Coulter complain that the House Republicans are losing the public relations battle is astonishing. Do these two really think that there is any other possible outcome? Do they really believe that the press coverage can be affected positively by actual Republican actions?

The other thing that is striking is how shrill that media and the ruling elite are in the face of such monstrous enemies of peace, freedom, justice and sound economic policy like Cantor, “Boner” (seriously, is that your name?), McConnell and Hatch. That even such ineffective and self-evidently insincere opposition can cause the Establishment to go in full panty-twist mode is really satisfying. I just can’t wait to see their heads explode when they deal with a real opposition.

You may remember that I was strongly opposed to TARP, TARP II, the AIG bailout, the GM bailout, the Fannie Mae bailout and the “stimulus” package, all for the same reason: it was all borrowing money which will have to be repaid to both pay-off the powerful and influential, who cannot be allowed to fail despite their ceaseless rhetoric regarding the free market, and major constituencies who are insolvent and largely helpless without Federal aid.

Raising the debt ceiling does nothing more than put us deeper in the hole and make the eventual crash worse. It was again obvious that once the Treasury was busted open (and, note, not by socialist Democrats but by the disastrous Bush family and the Wall Street big boys) the run on free money would never stop, certainly not in a democracy, where the people can always just vote themselves money.

The madness of the current regime is obvious once you take a step out of it. Rather like being a refusenik during the Soviet Union, it really doesn’t matter what the details are between those in favor of increasing the rate of collectivized agriculture or those in favor of keeping it as is with a marginal private market for small plots—as interesting as that debate may be and as indicative of who in Moscow holds the whip hand.

No, the whole thing is mad and such a debate is merely the mass delusion of people who are not functioning in reality.

And so it goes today in Washington.

In other news, not entirely unrelated, the United States was one of the first nations to recognize Africa’s newest country, the newly independent Republic of South Sudan.

This new republic’s government’s first act was to declare the nation under a food, environmental and humanitarian crisis and ask for immediate cash aid from Western nations. A call which the United States answered immediately, with millions of U.S. dollars now flowing.

Independence = Dependence
Fiscal Crisis = Millions Spent
Massive Borrowing = Fiscal Responsibility

This will not end well.