You probably recall an interview from Detroit shortly after President Obama was elected. The woman who was the subject was ecstatic because she believed that the President was going to give her and others some money. When asked where she thought the money would come from, she answered “Obama’s stash.” I’m certain that many of us chuckled at her apparent naiveté. It seems, however, that at some level she was correct. Obama does have a “stash,” but the Detroit lady’s cut will be much smaller than she had expected. On the other hand his big business cronies have been faring well.
The President may have been a lowly community organizer when he ran for the Illinois State Senate, but he learned the politics of the Chicago streets very well. “The Chicago Way” requires an unflinching and unrepentant commitment to rewarding one’s friends and crushing one’s foes. All progressives and most Democrats believe that they have a proprietary interest in public funds….formerly your money. Once the taxes or fees have been coerced or confiscated from citizens, they become the personal bankroll for the leftie politician. The money can be budgeted for programs and policies that favor groups that are safely ensconced in the leftist voting bloc.
While directing advantageous budgetary allocations toward compliant groups is an important element of leftist politics, the recipients must be continually reminded who their benefactors are. It follows, therefore, that massive funds are required to “inform and educate” the masses so that their voting will allow the looting cycle to continue ad infinitum. To effectively reach the people with a message of beneficent government requires massive amounts of funds. Soliciting campaign money from the smaller recipients of government largesse can be an effective strategy, but $25 and $50 donations will not accumulate quickly enough to underwrite a broad based ad campaign.
Entering from “stage left” are the idealistic dedicated leftists who have entered the world of capitalism by becoming innovative entrepreneurs. Like many progressive lefties their ideas of “ought to” are rarely grounded in reality. Their innovative concepts may be intriguing and creative, but the market and consumer demand are not yet favorable for their products or services. Some of their concepts are politically correct, but can never become commercially viable….unless they can secure a “sugar daddy” to underwrite or finance their trip into dreamland. Other development concepts are more feasible, but why invest your own assets when government is available to provide funding? Two glaring examples stand out. The Solyndra fiasco in California and the Petrobras development in the deep water off Brazil are representative of the type of cronyism this administration has employed to reward political friends and contributors.
Given the two examples that have been cited, it should be clear that President Obama has distorted the so-called “stimulus” funding to reward his political allies. As the Federal Reserve Bank cranks out more dollars, the President’s friends are rewarded by raids on public funds, and the citizens of the nation are penalized with increasing debt and decreasing currency values. The Obama “stash” has been found. It is not a vault at Fort Knox. It is not a shoebox under the President’s bed in the Whitehouse. It is not Al Gore’s famous “lockbox.” The Obama stash is a keyboard in Ben Bernanke’s office at the Fed. Those stash-driven keyboard strokes are underwritten by higher prices for consumers, and an increasingly uncertain economic future for Americans. The Obama stash ultimately begins and ends in your pocket, but the lady from Detroit is still waiting for her cut from the stash. I suspect that she’ll vote for him again because she does not yet understand that the “stash” is a myth, and his promises to her were meaningless. Meanwhile, George Soros enjoys the profits from Petrobras, and the Solyndra executives plead the Fifth Amendment. The Obama campaign re-election fund continues to grow in anticipation of another four years for looting the people of the United States and dashing the dreams of the Framers and the Founders.
Comment: cearlwriting@hotmail.com
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