What are they up to?

Friday – November 12, 2010

What are they up to?

The President is in Asia attending a G20 economic Summit. So far, he has not delivered on much. He has a trade deal with India that will create 56,000 jobs. He met with South Korea’s President and nothing came of it. He met with China and nothing came of it. He met with Germany and nothing came of it.

He is spending 200 million dollars a day for this mission and nothing has come of it. If he is trying to be a salesman, he has failed. If he is trying to be a trade minister, he has failed. If he is trying to be the President of The United States of America, he has failed.

What has he succeeded in? Well, he, along with Pelosi and Reid, has passed the most liberal agenda in the history of the country. He has spent more than all the Presidents combined going back to George Washington.

The President left the country under a veil of humiliation and repudiation. He now has a hat in his hand at the G20. He is there with a failed agenda. No wonder the world leaders are not listening, nor are they paying attention to him, as he asks for participation in our downfall and as he is presiding over a looming debt, stagnant economy and a country that is in suspended economic growth. Our unemployment rate is still at 9.6%. This could be the new normal. If this number does not come down, our foreign competitors are poised to clamp down and bring this country to a halt.

I ask what they are up to. I have written in past FORUMS that the actions of this president will affect our posterity. I have written in past FORUMS that the actions of Congress will affect our posterity. I have written in past FORUMS that they, this current administration, know exactly what they are up to.

The report on deficit spending is out and it has surprised some and has alarmed some. The thing that stands out in my mind is that the debt commission suggested raising the retirement age to 69 from the current age bracket of 65. There will be exceptions, if you are physically unable to work. I have written that the agenda of this President and this Congress will have an affect on our posterity. If you are 4 years old now you will be affected by this new age limit. Our posterity, in essence, will have to work longer and harder to pay for the mistakes that have been made in the last four years. This is proof that our posterity will not have the quality of life that we enjoy today.

If you ask what they are up to - I offer you this. Future generations will not know what changed from one generation to another. Future generations will have the difficulty of debt and the prospect of a country that is not leading, but following in the footsteps of the countries that turned down the president that went to the G20 with his hat in his hand. This is proof that our posterity will be forced to accept the economic demands that they are now responsible for. They did not ask for it and they did not have a voice to say no to it.
The simple solution to all of this is to create an environment for growth. How do you do that? One way is to lower taxes on corporate and personal income. This will give more discretionary income for consumers to spend. When consumers spend, sales are made. When sales are made, production rises, because inventory needs to be replaced. The result of replacing inventory is a rise in production. When production rises, then jobs are created.

What our leaders forget is that this is a simple formula. It’s called free enterprise and capitalism. It works all the time. When money is in circulation, commerce occurs. When commerce occurs, revenue to the government rises. When people are working, revenues to the government also rise. When revenues to the government rise, then spending can occur at the governmental level, providing that the proper caps are in place and our politicians don’t rob from Peter to pay Paul.

Thomas Jefferson copied this quote of Montesquieu into his Commonplace Book: [Montesquieu wrote in Spirit of the Laws] “When once a republic is corrupted, there is no possibility of remedying any of the growing evils but by removing the corruption and restoring its lost principles; every other correction is either useless or a new evil.”

The last step to this formula, robbing Peter to pay Paul, was taken care of last week. What I worry about is the bigger picture and that is the first part of the formula that even the debt commission didn’t get. What I worry about is that the corruption may still be kept in place, but hidden for the time being.

David Axelrod the President’s closest advisor said, in an interview with the Huffington Post about the extension of the Bush Tax cuts, “We have to deal with the world as we find it.” This is the advice that I would give to that four year old that will now have to work until age 69 to collect his government check. The government check is and will always be the problem. The government check is drawn from an account that we are forced to contribute to but have no control over.

In a letter to Jedidiah Morse, in 1822, Thomas Jefferson wrote - four years before he died at the age of 83:

“We are to guard against ourselves; not against ourselves as we are, but as we may be; for who can imagine what we may become under circumstances not now imaginable.” –

I end this week with this quote, because Jefferson knew then what would happen if we didn’t continually rein in and restrict our government from robbing our liberties and our posterity.

Gregory C. Dildilian
Founder and Executive Director
Pinecone Conservatives

A footnote: The President would be better served to take the hat out of his hand, and do the things that would encourage growth and encourage strength in our dollar. His ideology has not only been rejected here at home but it has now been rejected abroad. I would also say that our posterity would reject it if they had anything to say about it!