Obamanomics
are an Obamanation.
Robin
Hood. President Obama. Are they the same persona? Based on TV and
Obama’s news conferences both he and the media seem to think so.
“Rob from the rich; give to the poor.” Of course, he
uses the words “you should give more, because you have more”.
But the reality of Obama’s accomplishments remain the same.
I do
not see the likeness between this man and Robin Hood. While Robin Hood
is a great folklore hero, I contend that Obama has nothing
in common with the man. Let us review some of the finer points of the
story. A tale with which I hope you are already somewhat familiar.
Robin
Hood lived in feudal times. Kings, Lords and Barons ruled the country
as the sole land owners. King Richard departed the country to fight in
the crusades leaving Prince John to rule in his stead. Prince John and
the Sheriff of Nottingham decided that they would claim the throne for
themselves but they needed the support of the Lords, Barons and similar
figures in the surrounding countries.
Their
plan required many goods – Gold, Silver, Wine, and Food in order to
bribe these leaders to join their cause. In acquiring this stuff to buy
the allegiance of the lords and barons they began taxing the people heavily
if not outright stealing their possessions.
Enter
a man with the courage and skill to fight such tyranny, Robin Hood. As
a loyal and patriotic man he fought to protect the people and the throne of
the king. He would steal the money/taxes back from Prince John and
return it to the poor from whom it was wrongfully taken; establishing the
mantra “rob from the rich; give to the poor”. In doing so
he protected both the people and the crown until King Richard’s return.
So I
ask you; how in any conceivable way could President Obama be likened to this
man? Recently Obama began to push sweeping legislation to steal (*ahem,
sorry tax) from the rich of this country. One assumes he is doing this to
give to the poor; yet somehow all of the money ends up in the hands of banks
and automakers.
President
Obama performs this redistribution in broad daylight. The more I stare
at his policies; the more I liken the man to Prince John. He is trying
to steal the very life out of people to buy the right allegiances, also known
as votes, in order to keep the throne he is guarding. After all, large
portions of bailout money will be distributed in 2011.
Obamanomics,
my unoriginal pet name for the “New” new deal, scares me to
death. Recent polls suggest that FDR should be considered one of the top 3 presidents in the
United States history. While history books have been favorable I do not
understand.
Why is
it that no one remembers the perpetual unemployment FDR created with his
policies? How can anyone in today’s time acknowledge ponzi
schemes, like Madoff or Social Security, as good ideas? Eventually FDR did successfully
reduce unemployment in this country but it took a war and the loss of a few
million good men.
Is
this really the direction we want to head? It is Obamanable to think
that World War II was a good thing and that FDR should be praised. Yet
the whole nation is looking to resurrect FDR’s policies.
This
time which future generation will be burdened? Are there even any left
unburdened? We are staring at the greatest redistribution of wealth in
our era. Unless theft is considered “earning” the wealth is
going to the people who did nothing to earn it. By the way, theft
income is required to be claimed on your income tax return unless you are a
tax eater for the government and are not required to report it.
The
hardest part is trying to be Robin Hood in this story. The Prince has a
larger army and superior guns. Government propaganda attempts to paint
tax evaders, like Treasury Secretary Geithner, Senator Daschle, etc. as
leeches on society and unpatriotic. But how does one protect their own
country when the nanny state government is attempting to steal it from them?
I
anxiously await the return of the king and President Obama is not him either.
Trace Mayer
RuntoGold.com
Trace Mayer,
J.D., holds a degree in Accounting from Brigham Young University, a law
degree from California Western School of Law and studies the Austrian school
of economics. He works as an entrepreneur, investor, journalist and monetary
scientist. He is a strong advocate of the freedom of speech, a member of the
Society of Professional Journalists and the San Diego County Bar Association.
He has appeared on ABC, NBC, BNN, many radio shows and presented at many
investment conferences throughout the world.
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