The Obama Agenda Part 3 - Steven Moore

The Looters Are Coming


Stephen Moore

 How many body blows can an already wobbly economy take from Washington’s new and old gang of politicians before it completely topples over into a comatose state? That’s the question that looms as Barack Obama moves forward with his first one hundred day agenda to stimulate, borrow, spend, devalue and bailout the ailing U.S. economy and seemingly every bankrupt industry.  I fear that the left is feeling politically invincible these days now that they control every lever of power in Washington.  They are like the forces of the Dark Side after they have defeated the Jedi Knights in The Empire Strikes Back.

Get ready for the Big Green, Big Labor and Big Trial Lawyer agenda to rain down in a steady stream of job killing initiatives that expand their political power and share of the shrinking pie at the expense of the rest of us.  These are the people who Ayn Rand described in her classic novel, Atlas Shrugged as “the looters and their laws.”  These people calling the shots now don’t create wealth, they mean to take it from me and Glenn Beck, and you, and you…  The more successful and wealthy you are the bigger bullseye you have on your chest.

So here is the rundown of what I call the onslaught from the left.  Caution those of feeble heart should not read on.

  • $850 billion destimulus package  -- I refuse to call this a stimulus.  The idea here is that if the government spends and borrows and prints nearly $1 trillion we all get jobs and get rich.  It’s the Bolivia economic model.  Probability of passage 80%


     

  • Forced union rules  --  Get rid of secret  ballots for elections to unionize factories and plants.  So much for democracy.  This is the payback for the $400 million the union bosses spent to elect Democrats.  Probability of passage  50%


     

  • Hillary Health Care – Obama wants a new version of government run health care.  And why not? Socialized health care has worked so well in Canada and the U.K.  Just don’t get sick. – Probability of passage 50%


     

  • Cap and trade energy tax – This is the mother of all tax hikes, $1.2 trillion over the next decade.  The greenies and their patron saint Al Gore are drooling for this new tax because it will cripple American industry and our manufacturing capacity.  Good bye jobs but this is the price we pay for our environmental crimes of the last half-century.  Probability of passage 50%


     

  • Soak the rich  -- Mr. Obama wants to raise the income tax, the capital gains tax, the dividend tax, and the payroll tax.  That’s all.  But only the rich – that is people who create jobs, take risks, start businesses, work hard, etc.  – will pay.  So half of all income taxes will be paid by 1% of Americans.  Yes, that’s fair.  Probability of passage 50%.


     

  • Don’t drill, don’t drill, don’t drill.  Barack Obama is likely to seek a law reinstating bans on offshore drilling for oil and gas in the outer continental shelf, Alaska, and in the oil shale rich states out west.  Wow, that’s a great way to create jobs!  And a great way to reduce our dependence on foreign oil.  NOT!  Probability of passage 75%


     

  • Fairness doctrine -- To make sure all of this liberal big government agenda isn't derailed by the likes of Glenn Beck, Rush Limbaugh and Sean Hannity, the Democrats want to pass the "Fairness doctrine," to make sure that they get equal time on the radio and TV. Have these people ever heard of NPR and Katie Couric?  Probability of passage 50%

Yikes!  That’s a big dosage of economic cyanide the left wants America to swallow.   If this whole agenda goes through, in 2009 the federal budget will run the budget deficit to $2.2 trillion --  in a single year.  That's more borrowing in twelve months than the federal government did in 200 years!

So what will you and I and Glenn and all the others of us who still believe in freedom and the principles of limited government that our Founding Fathers set our for this nation do? Will we strap on our armor and get set for fighting the political fight of a lifetime to preserve free market capitalism, or will we put on diapers and cower under the covers with the rest of the bed wetters and hope these real life goblins go away? I say we fight the arsenal of economic lunacy of the looters on the left even though we are outnumbered and outgunned.    All that is at stake is the future of the American idea.

Stephen Moore writes on economics for the Wall Street Journal editorial page and is the co-author of The End of Prosperity: How Higher Taxes will Doom the Economy If We Let it Happen.

Glenn Beck has been warning since last summer that you would not recognize your country in a year. Well, it's not even summer yet, and he says he already doesn't recognize the country.

Do you recognize an America in which people are making more money off government unemployment benefits than they can make by working, inflation is ramping up, housing, supply and labor shortages are widespread, and the current administration gives cybercriminals from Russia a free pass after the biggest cyberattack on our nation's infrastructure to date?

On the radio program this week, Glenn pointed out that while businesses all over the nation are downsizing, one brand store is actually booming — and it says a lot about the state of the economy and what it means for our country's future.

Watch the video clip below to hear more from Glenn:

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The largest American gas pipeline shut down on Friday due to what experts told the media was the "most dramatic cyberattack on U.S. soil to date." Investigators are looking at a group believed to be based in Russia known as "DarkSide."

It's time our leaders in the White House take national security seriously because this isn't the first time enemies of the U.S. — namely Russia and China — have used the cyber world to attack our nation and weaken our infrastructure, Glenn Beck argued on the radio program. Between Russia, China, and Iran — which President Joe Biden is now trying to make another nuclear deal with — it looks like the "Axis powers" of a "digital World War III" are lining up

"The journalists seem to care about the price of gasoline for the first time. Is it because they actually care? Or is it because they're trying not to focus on the fact that this was an attack most likely from Russia? And it isn't the first cyberattack from Russia of the year ... maybe we should be paying attention, to Vladimir Putin," Glenn began.

"And by the way, the pipeline going down, that's not the only [cyberattack] happening now," he added later. "Thirty thousand U.S. victims, small businesses and local governments, were hacked by cyber espionage units backed by the Chinese government in January of this year."

"There is an 'Axis power.' It is Russia and China. And, by the way, who is also aligned with Russia and China? Iran. Wow, this is weird," Glenn surmised. "But don't worry about that. Just leave your dog tags on another table. Let's not talk about China. Let's not talk about who actually crashed the jugular of our oil pipelines. I don't want war. But I got news for you ... this Biden administration is doing the job for our enemies."

Watch the video below to hear more from Glenn:


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Canadian clinical psychologist, author, and cultural firebrand Jordan Peterson is no stranger to cancel culture. Ever since he was thrust into the culture war, he has faced one controversy after another, stirred up by the woke elites who hate him with a passion. But although they have tried to make him pay for speaking out so fearlessly against their message, he refuses to back down and he believes you should, too. He joined "The Glenn Beck Podcast" this week to explain why.

"There is a growth of the reluctant hero in all stories ... so many people think that they don't have what it takes, that they're not the hero," Glenn said to Peterson. "How do you get people to recognize and then have the courage to stand? You've taken a beating ... why is it worth it and how do you get there?"

"I think it's worth it because I believe the alternative is worse ... to stay silent when you have something to say," Peterson replied. "You don't know what it is within you that requires your voice, right, because you feel like 'I have something to say.' Where does that come from exactly, that feeling that you have something to say?

"Maybe you're disgruntled at work and you're choking on your own bile because the situation is not just in your estimation," he continued. "You're dying to say something, but you won't. Well, you'll die if you don't say it. Maybe it's a death by a thousand cuts. I don't like deferred punishment. I'd rather take it now and keep the future clean, which is why I encourage people to have the fights now, not to hide things in the fog for later. They grow and metastasize. It's better to confront what you need to confront when it's small and you have some possibility of victory."

Watch the video clip below to catch more of the conversation, or find the full podcast with Jordan Peterson here:

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Top officials at the Federal Reserve are doing what they can to sugar coat what's ahead for our economy, telling Americans we may hit a "transitory" period of inflation that will settle by 2022. But Bank of America is saying something different. The bank's latest earnings call commentary warned "at the very least" transitory hyperinflation is ahead.

Watch the video clip below to hear Glenn Beck explain what this means for prices and for our economy.

Want more from Glenn Beck?

To enjoy more of Glenn's masterful storytelling, thought-provoking analysis and uncanny ability to make sense of the chaos, subscribe to BlazeTV — the largest multi-platform network of voices who love America, defend the Constitution and live the American dream.