President Obama continues to blame his predecessor for passing on a $1.3 trillion deficit, but his answer isn’t cutting spending – it’s increasing spending, which he claims will eventually cut the deficit.

 

Before you buy that line, just think about your own experiences in finance and ask yourself this: when is the last time spending more cut your personal debt? To borrow a phrase from our president, let’s be clear: this is not about cutting the deficit; it’s about increasing government control of business and the markets.

 

Even now, Treasury Secretary Timothy “Tax Cheat” Geithner is proposing a plan that “would extend federal regulation for the first time to all trading in financial derivatives and to companies including large hedge funds and major insurers such as American International Group. The administration also will seek to impose uniform standards on all large financial firms, including banks, an unprecedented step that would place significant limits on the scope and risk of their activities.”

 

Earlier this week, Dick Morris appeared on Neil Cavuto’s show on Fox News and said that Obama cares less about being elected in 2012 than he does about leaving behind a truly socialized nation. We would suggest that Morris didn’t go far enough when he described Obama’s agenda as a socialist one – we believe that his is a Marxist agenda.

 

Consider how Vladimir Ilich Ulianov – more commonly known as Lenin – described the way to get one’s agenda implemented:

 

"Deepen, exacerbate existing contradictions [i.e., problems, crises, differences, disparities, discrepancies, rifts, etc.], and if they don't exist, create them or convincingly claim that they exist, and then deepen, exacerbate them...and profit [politically, ideologically and even financially]the most from them in any way you can, and, in the resulting chaos, blame our enemies for the whole thing."  

 

When one looks at the Marxist influences of Obama’s youth, as well as his experience as a community organizer with ACORN, his current plan of attack should not surprise anyone.

 

So what can you do?

 

If you are concerned about the course our nation is taking when it comes to the economy, you can contact your representatives in Congress, both in the House and Senate, to let them know your thoughts. We are still a representative democracy. This nation was founded on the premise of taxation with representation, but if we cannot be bothered to pick up the phone or write a letter, we deserve no better than we get.

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Senator contact information- click here 

If you prefer, call the Senate Switchboard  (202) 224-3121

Congress contact information - click here

If you prefer, call Congress' Switchboard  (202) 224-3121

 

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