The View From 1776
Friday, January 23, 2009
Power Fills a Vacuum
Historically, tyrants have seized power during times of crisis: Napoleon after the Revolution, Hitler after Weimar’s hyperinflation. Jeff Lukens describes what we have to fear. Let’s pray that it will not become true in the Obama administration.
A Crisis Too Great to Waste
By Jeff Lukens
So Barack Obama proposes massive government spending like we have never seen before as our way back to economic prosperity. Yet wasn’t it a mountain of unpayable debt that got us into this financial crisis in the first place? The rivers of red ink he proposes would make FDR and LBJ blush. This approach may have worked politically for FDR and LBJ, but neither time did it work economically for the country. It may work politically for Obama too, but deficit spending will not work economically today either.
Banana republics are known for this kind of governance. It is a recipe for a treasury default or hyperinflation that no industrialized county has seen since Germany’s Weimar Republic in the 1920s. And that debacle sewed the seeds for the despotism of the Third Reich.
Obama is a smart guy. He can’t possibly be naive enough to think more debt piled on the existing $10.6 trillion national debt is the solution to the economic mess we are in. Recessions are a natural part of the economic cycle and only market forces can correct them. One can only wonder about his true motives.
A common characteristic of all authoritarian regimes is the need to control their populace by some crisis, real or imagined. Could it be that the genuine financial crisis we now face will give Obama and the Left a ready-made excuse to regulate, tax, socialize and otherwise control our lives in unprecedented ways?
Over the past year, the American public has learned a bit about community organizers from Chicago. The first among them to come to mind is Barack Obama. Then there is William Ayres. However, another individual is the mentor to them all. He is Saul Alinsky.
Alinsky is considered a father of American radicalism. His 1971 book,