Does Obama Employ the Marxist Doctrine of Creative Destruction?
By Kelly O'Connell
Sunday, March 14, 2010
http://canadafreepress.com/index.php/article/20957
...enter progenitor mj in 5-4-3-Having watched Barack Obama’s sole economic recovery strategy of spending hand-over-fist to “heal” our economic malaise and rampant deficits, we must ask if his theory is a cipher for the mythic phoenix? Is Barack a classical Marxist seeking to fix a broken society via torching our economy to ashes, confident it will arise again, healed by socialism and communism? During a turbulently reckless period he seeks a massive government-directed health care bill. Obama now demands wild expenditures on top of record deficits, in the midst of a prolonged recession, against record unemployment. So, what other motivation does such illogical decision making suggest?
Is Barack a mad Ahab chasing the giant, evil specter of Capitalism across the globe, hoping to harpoon and sink it to the bottom of the deep? Even Obama is intelligent enough to know his strange belief that Keynesian “deficit-spending always equals growth” may not work. In fact, it hasn’t so far, a year later. So what is his “Plan B”? Well ,perhaps there is no secondary plan because he only means to ruin the economy. It’s a distinct possibility that Barack actually intends to bankrupt the US into accepting the socialism he touted to Joe “The Plumber” Wurzelbacher. In fact, to engage in such an attack against the world’s greatest capitalist nation would merely make him a superstar acolyte to his Marxist progenitors...
...
Cloward-Piven Strategy to Cause Economic Collapse
Does Obama have something like a Cloward-Piven principle in mind for shaking out resistance to his economic plans to force Americans to accept socialism by necessity? The “Cloward-Piven Strategy” was designed by Columbia University professors Richard Cloward and wife Frances Piven. Their strategy was simply a method used by leftists to encourage as many eligible people as possible into signing up for all the social welfare programs available. This is meant to then bankrupt the system. After this occurs, the plan is to push a country towards socialism. But the general strategy can also be adapted to other methods of bankrupting a nation.
David Horowitz’s site Discover the Networks lists some recent apparent innovations in the Cloward-Piven Strategy, which include ACORN’s demand for new lending rules. This caused irresponsible sub-prime (ie, unqualified borrowers) to get loans which helped start the recent financial crisis. Further policies apparently meant to undermine US financial stability and foment socialist revolution include the banking bailout TARP and its $700 billion buyout of troubled assets, which has already been shown to have been misused. Also the $787 billion Stimulus Bill, which in addition to creating a supposed economic “stimulation,” also revoked the “Personal Responsibility and Work Opportunity Reconciliation Act, the welfare-reform legislation passed by the Republican Congress and signed by President Clinton in 1996.”
According to the Heritage Foundation, 32% of the Stimulus Bill, averaging $6,700 in “new means-tested welfare spending” was set aside for every poor individual in America. Horowitz says these funds are earmarked for such programs as: “Temporary Assistance to Needy Families; Medicaid; food stamps; the Women, Infants, and Children food program; public housing; Section 8 housing; the Community Development Block Grant; the Social Services Block Grant; Head Start; and the Earned Income Tax Credit.” Yet such welfare bankrolling is only the iceberg’s tip. Heritage states, “Once the hidden welfare spending in the bill is counted, the total 10-year fiscal burden (added to the national debt) will [be] $1.34 trillion. This amounts to $17,400 for each household paying income tax in the U.S.”
Heritage noted increased welfare spending in the Stimulus Bill, being Obama’s “Make Work Pay” refundable tax credit. They state, “This credit represents a fundamental shift in welfare policy. At a cost of around $23 billion per year, this credit will provide up to [$400] in cash to low income adults who pay no income taxes. For the first time, the government will give significant cash to able-bodied adults without dependent children. Since most of these individuals have little apparent need for assistance, the new credit represents ‘spreading the wealth’ for its own sake. The lack of connection between this credit and ‘economic stimulus’ is evident in the fact that the first payments under the program will not be made until April 2010.”
Other perceived plans to damage the US economy by Obama include the attempted Climate Change legislation and its staggeringly expensive Cap & Trade legislation. This could drain trillions of dollars out of the world economy every year, killing millions of poor, per annum. Also the Detroit car maker bailout, the rampant printing of fiat currency. But the $2.5-$3 trillion dollar Obamacare bill is the piece de resistance of government profligacy. Some Democrats now even admit it will cause health care costs to skyrocket, while decreasing treatment and overall quality, but the program is still being touted as done in the name of fairness and justice. How laughable. But regardless of the worth of any particular program, simply basing a large part of the yearly government budget upon perpetually borrowed funds means that the state must, at some point, go bankrupt.
