Obama, in Today's News 01.23.10

Obama. The Wall Street Journal termed Obama's Elyria, Ohio speech as a sharpening of "his populist tone." This is a nice way of covering over Obama's extreme rhetoric. Only communists up to now have said things the way Obama did. 

Case in point: Obama: "I'm not going to have the insurance companies click their heals and watch their stocks skyrocket, because once again there's no control on what they do." Lenin or Castro could not have said it better.

One of the prime cryptocracy goals to be achieved during the economic crisis precipitated by the cryptocracy was to bring the economy under government control and to begin to institutionalize a planned economy. The idea is that planning and central control will reduce the risk to the cryptocracy's wealth production. Annoying things like competition for the wealth would also be eliminated.

To this end, Obama has sought to establish czars and oversight committees for various industries, the auto industry and General Motors most notably. He has promoted a thorough reorganization of financial regulation giving oversight powers to the Federal Reserve. He has tried to bring the banks and insurance companies under government control. His health care reform is designed to bring this wide-ranging industry under central planners and bureaucrats.

The truth of the matter is that all these efforts are only crawling along. With the exception of the government take-over of GM, all Obama's 'reforms' are foundering, which is none too pleasing to the cryptocracy. And thus is explained Obama's desperate rhetoric which reflects his and the cryptocracy's frustration with the lack of success.

Health care is the most obvious of the failures. His effort to install a new system of financial regulation is going nowhere. The banks have fought back and tried to get the yoke of government control off their necks. His effort to control salaries and bonuses in the financial world has had only meek success.

There is an ominous side to this situation. The cryptocracy made the economic crisis possible in order to create a political atmosphere where quick passage of the cryptocracy's aims through Congress could occur. But few cryptocracy proposals have managed to make it through Congress into law. As Obama was quoted in reference to the health reform, "The longer it takes, the uglier it gets."

This result is a problem for the cryptocracy. Their favored mode of bringing change is to create a crisis and then rush through their 'reforms.' But, it didn't work as well as they wanted this time. So what are they to do? The very worrisome reality is that they are undoubtedly concluding that it will take an even greater crisis to achieve their ends. They are therefore certainly now preparing an even worse crisis. 

When the cryptocracy will drop the next crisis on us is unknown, but be prepared.