Posts Tagged ‘November 2012 will determine the economic fate of the US’

Obama is forced out of his fiscal funk-hole: and joins the Battle of Bosworth Field

April 14, 2011

On August 22, 1485, an engagement of great historical significance was fought at Bosworth Field in Leicestershire  between the usurper king, Richard III of England and Henry Tudor,  the former Earl of Richmond , who had been deprived of that title in 1471. This battle would prove to be decisive in ending  a lengthy sequence of increasingly bloody wars between the White Rose of York and the Red Rose of Lancaster.  Henry Tudor (of Lancaster) routed the incumbent monarch on that battlefield and established the Tudor Dynasty and all that it would involve for the evolution of European Civilization. 

Finally, after months of prevarication and dissembling, the usurper president, Barack Obama, has emerged from his funk-hole to engage with a determined upstart  opponent, Paul Ryan (R, Wisconsin) in fiscal maneuvers that will be resolved in presidential and congressional elections of major historical significance in November 2012.  The future economic status of the United States will depend largely on the outcome of that engagement.

For many years, the United States has been balanced precariously on the tipping point between limited and unlimited government – between capitalism and socialism.  As a consequence, budget deficits have accumulated to the point of evident unsustainability. What cannot be sustained will end. The nature of the ending – capitalism or socialism – will be determined in November 2012.

On April 13, 2011, a clearly reluctant President exposed his own, socialist solution to a nervous nation. That is as it should be.  Presidents are elected to offer leadership, not to play golf and basketball while a divided Congress struggles to reach legislative outcomes. Obama’s socialism is not as extreme as that of the Leninists on the left of the Democratic Party. Move.on.org may choose to sit out the 2012 battle, as the Earls of Northumberland and Stanley largely did at Bosworth Field.  But socialist it surely is.  This time, the President has been forced to speak in English, and not in tongues. So we all know what he intends for the nation that he serves.

So let the debate begin and let it end – as end it must – in November 2012 in elections crafted by the Founding Fathers. Each individual will then know his fate – good or bad as he so judges – and will be free to stay or leave, if exit options beckon, in accordance with his own preferences.


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