Monday, June 8, 2009

Opposite Effect - Say It Isn't So

Well this popped up on Drudge this morning: Big government spending programs -- having opposite desired effect...

If you haven't already read the article, stop for a moment. What might the article be about? Which area of the vast federal outlay might be pouring your tax dollars into a plan that is working entirely contrary to its stated goal?

The article covers the mortgage market and explains how no amount of emergency spending will be able to forestall rising interest rates on loans. It was not green shoots springing up last quarter. It was just the government shooting up a lot of green.

I think a better caption would be "Big government spending programs -- having opposite of advertised effect...". Let the conspiracy buffs chew on that.

So is the sovereignty in our country out of its collective mind? Maybe Obama is actually a Manchurian jacobite using his cult of personality to hasten the demise of the modern liberal system by giving it everything it has wished for throughout the 20th century. Well if he is, it is totally by accident.

The truth will not set you free. It may piss you off enough to motivate you to do something, but that something may not be enough. Don't pray for an easy road. Pray for strength to handle the challenges that are ahead.

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