The View From 1776
Tuesday, April 01, 2014
Is Obama’s Inept Foreign Policy Incompetent Or Intentional?
Maybe Obama wants the United States to decline into third-rate status in world affairs.
Read Thomas Sowell’s assessment on the Investors.com website.
The pessimistic view of Obama’s policy aims is looking more likely with each passing week.
• The Democrat/Socialist Party, at Obama’s impetus, has imposed such extensive regulation of our banks and other finical institutions that the government has become the effective owner, able to push the nation’s entire financial structure in any direction it wishes.
• The government confiscated bondholders’ capital invested in the original General Motors and Chrysler and gave it to socialist labor unions. Political considerations, not productive and financial efficiency, now impel corporate decisions. The market flop known as the Chevy Volt is but one example. With its fuel-economy regulation noose continually tightening, coupled with measures designed to force people to buy “green” automobiles, the government effectively controls the transportation industry.
• Every imaginable effort is being made to prevent expanded production of natural gas and petroleum, by far the cheapest and most efficient sources of energy. Costs of energy for homeowners will soar, as they have in the UK and Germany, forcing many people to forego heat during ever-colder winters. Businesses will be forced to ratchet down production in the United States, laying off still more workers.
• Human nutrition needs are sacrificed, from dairy farms to California growers, to impose greenhouse gas restrictions and to support an ever-growing list of “endangered” species.
The end-point of these policies? It appears to be realizing the dream of socialists, beginning with Henri de Saint-Simon shortly after the 1789 French Revolution: forced equality of consumption in an economy run by ivory-tower academics and bureaucratic drones. Animating Obama’s gnostic vision is his apparent conviction that conspiracies of capitalists, Christians, and religious Jews have kept our world from becoming its historically foreordained perfect realm under collectivized socialistic rule.
The United States, it appears more likely every day, is headed toward a Soviet-style system in which everyone is equally a ward of the state without the means to resist any whim of Big Brother. Small wonder that the majority of citizens regard proliferating gun-control regulation as a means to prevent resistance to the encroaching, grasping, and ravenous power appetite of liberal-progressive-socialism.