The Dismal Future

 

 Hype And Fail

 VERBATIM

It’s midnight, and Mittens has just come out to start his ‘throw in the towel’ speech.  At last, the long, horrible campaign season is over, and Barack Obama has been reelected as President of the United States of America.

The moochers and looters have triumphed, and now we get four more years!  So, what can we expect from Obama II—The Sequel?

We can expect our energy policy to continue to be happy thoughts, unicorn farts, and green energy boondoggles.  Obama and his allies will continue to push us down the same path that Spain has been on for the past decade, and just as that green path has destroyed Spain’s economy, we can expect much the same thing here.  It may not be obvious as the Spanish failure, or as quick to come—the sheer size differential gives America a bit more inertia than Spain enjoyed before the disaster becomes apparent—but it will inevitably come.

Adding insult to energy injury, we can expect full-blown cap and trade, and more and more coal-crippling regulations from Obama II’s EPA.  Coupled with their anti-fracking sentiment, our energy prices will skyrocket, with completely predictable consequences on the rest of the economy.  Prices will rise, growth will slow, unemployment will go nowhere but up, and a new recession dip is probably the best we can hope for.

Our fiscal policy will continue to be print-and-spend, and if you were hoping to actually get a real budget passed, you’re going to be disappointed.  Obama II will have no reason to bring Harry Reid to heel; quite the opposite, in fact.  Reid will feel even less inclined to defer to a lame-duck Obama than he has in Term I, and we know from Woodward’s The Price of Politics that Dingy Harry hasn’t exactly been Barry’s biggest fan thus far.  Rather than any kind of fiscal discipline, we can expect another round of ‘stimulus’ bills that will do exactly what the last one did—create a handful of jobs at hideously outrageous costs ($700,000-plus per job), line the pockets of Democratic campaign donors, prop up failing state programs for another year or so, and in general disappoint the rest of us.

Baring a miracle in which the Republican leadership in the House wakes up tomorrow with actual spinal bones and testes, the Benghazi debacle will simmer on for a few more months until the internal investigation finally reports its findings.  Oddly enough, these findings will *cough*whitewash*cough* corroborate the White House’s timeline and ‘prove’ that there was nothing that the President or any of his top advisors could have done to save the Ambassador and the other three Americans, even if they had known about it, which they didn’t until much later.  Like Fast and Furious, Benghazi will quickly be forgotten, and some new ‘crisis’ will be media-blitzed to distract the attention of the populace.

In repayment for his faithful service, Ben Bernanke will be re-appointed to his current place at the Federal Reserve.  The quid pro quo for this will be the continuation of QE3 until sometime after the 2014 elections, at the very least.  The money supply will continue to expand by some 80 billion dollars a month, interest rates will continue to be artificially depressed, and the budgetary cracks will continue to be papered over—until the dollar collapses, hyperinflation begins to bite, and we begin speaking fondly of Jimmy Carter’s days in the White House.  The Carter-era ‘misery index’ will come back with a vengeance, made worse by the dissolving dollar.  The United States’ credit rating will be cut again (and probably several times), until the only place the government can borrow money is directly from the Federal Reserve.  At that point, the country will become a wholly-owned subsidiary of the international banks, who will begin cannibalizing what’s left of the Republic to pay off China.  The Fed will have no choice but to raise interest rates, which will in turn accelerate the budgetary destruction of pretty much everything, from Medicare and Social Security to EBT cards and Obama phones.  Our foreign wars will end, not with success, but with despair and infamy as we will no longer be able to afford to maintain them.  The troops will come home, and the Armed Forces will be decimated, which will only add fuel to the fires of unemployment.

When the BRICS (Brazil, Russia, India, China and South Africa) decide that it’s time, the dollar will be completely abandoned as the world’s reserve currency.  Emboldened by the financially-mandated downsizing of America’s military, they will move to fill the vacuum left by a retreating America.  America’s influence will vanish like a snowflake in the sun, as Barack Obama’s anticolonial dreams are realized.  With the continued encouragement of President Obama, the influence and reach of the Muslim Brotherhood will spread to still more countries, providing ever more fertile ground for radical Islam to grow and flourish.

Obamacare will remain in place, and will be phased in over the next four years.  As more patients are added to an already-overburdened health care system, costs will continue to rise and the level of care delivered, along with outcomes, will decline.  At the same time, more and more employers will abandon their own health care plans, leaving more and more workers dependent on Obamacare.  When doctors and other health care personnel become frustrated and leave their professions, the disintegration of America’s health care system will accelerate.

Taxes will increase, not just on ‘the rich’, but on everyone in the country.  Rather than increasing revenue (as we will all be told, as the reason for the increases), revenues will stagnate, then fall as the sum of Obama’s policies send the country into a full-blown depression.  The ‘D’ word won’t be used by the mainstream media until long after the reality is crushingly obvious to every one of the 51 million plus people who did NOT vote for Barack Obama today.  By the time some brave CBS reporter says ‘depression’, it may be too late for it to matter.  At some point, a combination of debt, hyperinflation, regulation, dependency and failed ideology masquerading as policy will crush the social order.

When the EBT cards aren’t worth having because what food there is can’t be had at a decent price…when your eternal unemployment check isn’t worth the paper it’s printed on…when your Obamaphone stops working because the government can’t pay the bill…and when there aren’t any doctors to be found when you have your emergency…remember this night.

Tonight, the moochers and looters reigned triumphant.  Are you ready to shrug yet?