Richard Rahn asked a question<\/a> in the Washington Times: \u201cCould the U.S. become Argentina?\u201d <\/p>\n Oooh, yeah.<\/p>\n
Rahn pointed out that in 1910 Argentina was one of the richest countries in the world. Today it\u2019s 76 and dropping. So who cares? Well, there are these…uh…kinda parallels between Argentina then, and America now. Argentina does big-time trade protectionism. Guess what the Obama administration is talking up. Argentina has a VAT tax (and a \u201cwealth tax\u201d). Guess what the Obama people are pushing. Argentina destroyed its currency with inflation. Guess who\u2019s pushing the Federal Reserve to explode our money supply? Argentina\u2019s government owns banks, Argentina coddles unions, Argentina \u201chas a long history of deficit spending.\u201d Guess who\u2019s pushing all of that, right now, in Washington D.C.<\/p>\n
\u201cThe U.S. is not yet Argentina,\u201d says Rahn, but if the Obama policies aren\u2019t reversed \u201cAmerica will…become a middle-income country, while dozens of other countries will enjoy a higher standard of living.\u201d And that can happen in as little as 30 years.<\/p>\n
The response from our wise political leaders? Let\u2019s accelerate the process! They know they\u2019ll have theirs, and be long gone when the time comes to really pay the piper. \u201cThat will be their own problem then,\u201d they say. The dumbasses.<\/p>\n
Like I said, it\u2019s veering into grotesque.<\/p>\n
The day after Wynn\u2019s announcement, and Rahn\u2019s fulminations about the ongoing destruction of our economy, Daniel Henninger weighed in with a piece in The Wall Street Journal called \u201cDemocrats at the Edge of the Cliff.\u201d Heh. He too noticed that the weirdness quotient is increasing everywhere. \u201cSomething unique happened in the first Obama year. The veil was ripped from the true cost of government. This is the ghastly nightmare Democrats have always needed to keep locked in a crypt. Before the Internet, that was easy. Washington, California, New York, New Jersey\u2014who knew what the pols were spending? The Democrats (and their Republican pilot fish) could get away with this. Not now. Email lists, 24\/7 newspapers, blogs, TV and talk radio\u2014the spending beast is running naked.\u201d<\/p>\n
Now, I\u2019m all for running naked, but not with a Spending Beast. But if this Beast is out in the open\u2014kind of like Sasquatch without the fake gorilla outfit\u2014how are the American people going to react? I mean, Naked Beasts are, like, major weird. And this one more than any. Well, according to a recent Pew poll, says Henninger, the people in this country aren\u2019t reacting well at all. The mid-term elections are coming up, and it looks like they may be gunning for the Beast. Consider: In 1994 the favorability rating toward Congress was 53%. Toward the Democratic Party it was 62%. And there was no Naked Beast running around (the Dems still had it safely locked away in their creepy crypt). <\/p>\n
In the mid-term election in 1994 the Democrats lost 50 seats in the U.S. House of Representatives. It was a blow-out.<\/p>\n
Now compare the weirdness quotient today. The approval rating of the Democrat-controlled Congress is 25%. Approval of the Democratic Party is 38%. What\u2019s going to happen in November? <\/p>\n
I\u2019ll tell you what: The Democrats are going to lose over 70 seats in the House of Representatives. Remember that you heard it here first. The Naked Beast is out, and he belongs to the Democrats.<\/p>\n
Democrat spending-pigs, say xai jian! (And don\u2019t smirk, GOP: Spending-pig Republicans are next.)
\n —
\nTim Condon is a Viet Nam War Veteran, husband and father, lover of NH, and a patriot.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"\u201cChinese Curse\u201d By Tim Condon May 5, 2010 \u201cMay you live in interesting times.\u201d That\u2019s the old curse. And wow, are we doing just that. These aren\u2019t just interesting times, they\u2019re downright fascinating…and verging on grotesque. I follow political and cultural trends. These days odd patterns are emerging…heading off the charts, in fact. For instance, […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-3492","post","type-post","status-publish","format-standard","hentry","category-opinions"],"_links":{"self":[{"href":"http:\/\/www.nhteapartycoalition.org\/tea\/wp-json\/wp\/v2\/posts\/3492","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.nhteapartycoalition.org\/tea\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.nhteapartycoalition.org\/tea\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.nhteapartycoalition.org\/tea\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.nhteapartycoalition.org\/tea\/wp-json\/wp\/v2\/comments?post=3492"}],"version-history":[{"count":4,"href":"http:\/\/www.nhteapartycoalition.org\/tea\/wp-json\/wp\/v2\/posts\/3492\/revisions"}],"predecessor-version":[{"id":3495,"href":"http:\/\/www.nhteapartycoalition.org\/tea\/wp-json\/wp\/v2\/posts\/3492\/revisions\/3495"}],"wp:attachment":[{"href":"http:\/\/www.nhteapartycoalition.org\/tea\/wp-json\/wp\/v2\/media?parent=3492"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.nhteapartycoalition.org\/tea\/wp-json\/wp\/v2\/categories?post=3492"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.nhteapartycoalition.org\/tea\/wp-json\/wp\/v2\/tags?post=3492"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}