Regular readers of the blog will be aware that I don’t usually write about the presidential race, since I don’t believe that either major candidate deserves a vote. However, it looks like Obama is likely to win the election and so I think that it’s prudent to inquire as to what he plans to do once he occupies the White House. His running mate has made some rather vague statements that seem to allude to an unpleasant next few years for the US of A.
Biden seems very convinced that the country will face a very serious crisis shortly after Obama is elected. He said the following in an address to supporters.
“It will not be six months before the world tests Barack Obama like they did John Kennedy. The world is looking. We’re about to elect a brilliant 47-year-old senator president of the United States of America. Remember I said it standing here if you don’t remember anything else I said. Watch, we’re gonna have an international crisis, a generated crisis, to test the mettle of this guy.”
Maybe Joe Biden is just very bad at using the English language, but what does he mean when he refers to a “generated crisis”? Who’s going to generate this crisis? Some people reading this are going to say that I’m cherry picking one quote out of a speech to make a slip of the tongue look like something ominous, but it is the overall context of Biden’s speech that makes me question just what the hell he’s talking about. Allow me to provide some more context.
“I can give you at least four or five scenarios from where it might originate,” Biden said to Emerald City supporters, mentioning the Middle East and Russia as possibilities. “And he’s gonna need help. And the kind of help he’s gonna need is, he’s gonna need you - not financially to help him - we’re gonna need you to use your influence, your influence within the community, to stand with him. Because it’s not gonna be apparent initially, it’s not gonna be apparent that we’re right.”
So it appears that Biden is talking about some kind of foreign policy crisis. Perhaps some kind of terrorist attack, or a showdown with the Russians, and the way that the administration would respond, but he goes on to talk about the economy.
“We’re gonna win with your help, God willing, we’re gonna win, but this is not gonna be an easy ride. This president, the next president, is gonna be left with the most significant task. It’s like cleaning the Augean stables, man. This is more than just, this is more than – think about it, literally, think about it – this is more than just a capital crisis, this is more than just markets. This is a systemic problem we have with this economy.”
Clearly the economy is going to be a significant challenge for anyone who takes on the role of President next year, but the final quote from Biden that I’ll give seems to tie the picture together.
“…Because I promise you, you all are gonna be sitting here a year from now going, ‘Oh my God, why are they there in the polls? Why is the polling so down? Why is this thing so tough?’ We’re gonna have to make some incredibly tough decisions in the first two years…”
“There are gonna be a lot of you who want to go, ‘Whoa, wait a minute, yo, whoa, whoa, I don’t know about that decision’…Because if you think the decision is sound when they’re made, which I believe you will when they’re made, they’re not likely to be as popular as they are sound. Because if they’re popular, they’re probably not sound.”
My guess is that Obama is going to address what he sees as ’systemic’ problems with our economy by restructuring that system, and not for the better. Certainly his running mate thinks that the administration’s changes will be very unpopular, even among current supporters of the campaign, since that is who he was addressing. I believe that Barack Obama will probably greatly increase taxes & regulations on all sectors of the economy, and he will almost certainly not address the role that the central bank played in this crisis by greatly expanding the money supply. In short, I believe that the Obama administration would attempt to broadly socialize the US economy which probably won’t lead to a sudden economic turn around. He must be planning something drastic for his running mate to expect such a short honeymoon with an American public that claims to want change.
McCain probably isn’t any better, and I encourage anyone who plans on voting to support someone besides the two major candidates, but ultimately one of these two men will assume the office of President of the United States in January. Those of you who want to live in a free country are going to have to speak up and demand individual liberty and free markets in the face of growing authoritarianism, or the America that we all know & love may disappear forever.