Home » Economics » Take Cover—–Now Comes The Gong Show

Olduvai
Click on image to purchase

Olduvai III: Catacylsm
Click on image to purchase

Post categories

Post Archives by Category

Take Cover—–Now Comes The Gong Show

Take Cover—–Now Comes The Gong Show

It was a bad hair night for the Beltway. Among the roughly 515,000 votes cast in the New Hampshire primaries, about 55% or 280,000 went to Bernie, the Donald and Senator Cruz. That is, the preponderance of Republican, Democrat and independent votes alike went for the anti-establishment candidates.

Since the latter are basically campaigning against the Imperial City and all of its careerists, cronies and corruptions, the first impulse is to cheer them on. After all, nothing could be worse than the self-perpetuating gang of war mongers, welfare statists, K-Street lobbyists and pork-barreling politicians who rule the nation today from their permanent berths in Washington DC.

Unfortunately, there is something worse. When you combine the mindless raw populism of Bernie and The Donald with the rapidly advancing lunacy and desperation of Janet and her baleful band of money printers you have a combustible recipe for abrupt system failure. American capitalism and democracy as we have known it could blow sky high by the time this election cycle is complete and a new President settles into office.

Before elaborating on that dismal note, however, let me first dispatch with Senator Ted Cruz. He unfortunately has the Ronald Reagan mutation when it comes to his political genome. I admire his resolute opposition to Big Government at home and his demonstration in Iowa that you can standup to a big, thieving special interest group like the Ethanol Lobby, and still win elections.

On that score, I recall my third election to Congress in 1980 from a small town district in Michigan. Even though it was a hotbed of Chrysler supplier plants and evangelical right-to-lifers, I helped lead the charge against the Chrysler bailout on the House floor and voted against the Hyde anti-abortion amendment dozens of times, thereby earning the wrath of Chrysler CEO Lee Iacocca in Detroit and the so-called pro-life lobby in Washington.

…click on the above link to read the rest of the article…

Olduvai IV: Courage
Click on image to read excerpts

Olduvai II: Exodus
Click on image to purchase

Click on image to purchase @ FriesenPress