Gus Hall, once head of the Communist Party, USA, has returned to run in the Republican presidential primary. "I am delighted to run against socialists of another school," Hall said. Mitt Romney, Republican frontrunner, calls Hall a "small government extremist." Romney adds, "Hall's a Tea Partier who wants to turn the clock back on government. You can't cut government to the levels Hall advocates. My friends on Wall Street won't stand for it. Who would bail them out?"
Hall has called for a tax plan similar to Herman Cain's 9-9-9 plan, but Hall's is a 4-4-4 plan. "I see no need for government spending that would require 9-9-9," Hall insists. As well, Hall has suggested that a Department of Education ought to be in the business of improving education. "We communists believe that government works." In contrast, the Republican candidates support the Department of Education even though educational results have declined during its existence.
Hall agrees with Newt Gingrich that a central bank is necessary to a "progressive" or modern society. After all, centralization of credit is plank 5 in Karl Marx's Communist Manifesto. No wonder that Gingrich, Romney, Cain, Bachmann, and Santorum agree--centralized credit is necessary.
When asked what he'll do if he loses, Hall remarks, "I'll probably work on Wall Street. They are the biggest supporters of all ten planks. They are socialists I believe in."
2 comments:
The truth is that this President has done a good job in what has been one of the most difficult periods of modern history. He saved the economy from ruin (until the Tea Party took over Congress) with a stimulus that was as large as possible given the political realities, presided over a stock market that fairly quickly recouped many of its losses, presided over almost consecutive monthly increases in private sector job growth (unfortunately balanced by monthly decreases in public sector jobs which I attribute to the GOP further starving government), enacted the only meaningful health care reform ever in our history, passed financial reform (no matter what the Left says, he did this), saved the auto industry (which Romney is on record opposing), fired the first salvo of the Arab Spring with his address in Cairo no less, drawn down our footprint in Iraq in a responsible way (and headed toward almost total withdrawal), stopped numerous terrorist attacks in this country, stopped torture as policy, repealed DADT, joined the international community in a measured and responsible way to bring down an odious tyrant in Qaddafi, and killed a whole generation of al Qaeda leaders. And taking out Osama bin Laden the way he did will go down as one of the bravest military actions in American history.
I know this President is not popular, and it is very unpopular to defend him in such a way. I don't care. For this country to dump him for anyone on the other side would be a terrible thing. Progress is slow and painful, but we are doing it. Is that fashionable to say? No. Again, I don't care.
>presided over almost consecutive monthly increases in private sector job growth
Unemployment Jan. 2009: 7.6%
Unemployment Sep. 2011: 9.1%
The Democrats had control of both houses of Congress and the presidency. How you can attribute Obama's dismal performance on unemployment to the Republicans is a mystery, likely only knowable to fellow Democrats who share your delusions.
As miserable as Obama and the Democrats have been on unemployment, their performance has been worse with respect to wages.
>Real average hourly earnings for all employees fell 0.1 percent from August to September, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. A 0.2 percent increase in average hourly
earnings was more than offset by a 0.3 percent increase in the Consumer Price Index for All Urban
Consumers (CPI-U).
Median weekly earnings of the nation's 101.4 million full-time wage and salary workers were $753 in the third quarter of 2011. This was 1.8 percent higher than a year earlier, compared with a gain of 3.8 percent in the Consumer Price Index for All Urban Consumers.
If higher unemployment and a falling real wage mark a good performance, then Obama is your man.
The stock market is susceptible to political manipulation through the Federal Reserve Bank. By forcing down interest rates the Fed pushes up stock values. There is no other reason for an increasing stock market. Obama has overseen the greatest inflation of the money supply in the United States since the 18th century.
In 2009 federal reserve bank credit was tripled. In 2011 it was increased again by an amount almost equal to 100% of the 2008 level. This massive monetary expansion is self-destructive and a massive subsidy to Wall Street and the stock market at the expense of the middle class.
America has yet to pay for the stupidity of the Democratic Party and its supporters. As the banks convert the massive reserves that the Obama Fed has created into loans, the consequences will be considerable harm to the average American. But the stock market will do fine.
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