It is rude to say “I told you so.” No one wants to hear it, and most of the time it does no good. It also reinforces one’s own selfishness, their need to feel like they should be heard. However, just two days ago, I stated my beliefs about President-elect Obama’s agenda concerning global warming. Apparently, the Wall Street Journal has shown my opining was justified.
“You never want a serious crisis to go to waste,” is what Rahm Emanuel, Obama’s Chief of Staff, has said concerning the global economic flu. Now the Obama administration plans to use this opportunity to strengthen government involvement in the private sector with the ultimate goal of climate change, the Wall Street Journal reported.
Some other quotes from the article:
“We are in the midst of a massive reorganization right now in autos but also other areas as well — finance, information technology. All of this flows into…the new green energy economy we are living in, albeit in an embryonic stage.” -Rep. David Bonier, Obama Economic Advisor
“We’re backing into industrial policy in an emergency to correct massive market failures,” -Jared Bernstein, Obama Economic Team
The bottom line is that Obama will move toward regulating every aspect of the free market, all in the name of a “green” economy, viz., global unity. The massive market failures that Mr. Bernstein refers to were caused by government intervention in the first place, so why would Obama think that more intervention will solve it? Apparently, investors are skeptical of this as well, as the Dow has dropped over 21% since his election, the largest two-week drop in post-election history.
Why has America moved so far away from the founding fathers’ intent of our democratic-Republic? Why have we allowed the government on its regulatory pedestal, when the delegates at the Constitutional Convention (at least the ones whose arguments won) clearly wanted the people to regulate the government, not the other way around? Why have we allowed frivolous legislation that is clearly intended to do nothing but establish more power in the federal government?
Obama and his idealistic supporters want more government involvement due to their ultimate idealistic goal of Global Unity. The politicized international economic situation and alleged warming-globe crisis have given them a crisis too good to waste.
