With many European countries facing serious social unrest because they can no longer financially support the promises made to their people, the day of financial reckoning seems near.
It can’t be happenstance that the current administration led by President Barack Hussein Obama is unaware the policies he is imposing upon the United States are crumbling around the world.
The legal term, Malice aforethought is predominantly used in the case of premeditated murder. From a purely legal standpoint the commission of an act or acts having been thought about at some point before being committed represents premeditation.
In that sense when candidate Barack Hussein Obama told Joe the plumber, that he believed in spreading the wealth around, Joe called him on it saying, “That sounds like socialism to me.” Those paying attention understood.
Spread the wealth around he did. Yes he did indeed. Obama was right there with U.S. tax dollars to bail out Greece through the International Monitary Fund (IMF).
The real out rage here is that US bailouts, taxpayer bailout money is JUNIOR to Greece’s existing debt. That means that, over the next couple of years, the banks that loaned bankrupt Greece money will get their money back. And then, when Greece runs out of cash again, the U.S. will be left holding the bag.
But it gets even better. President Barack Obama has just loaned money to a socialist country that failed while borrowing nonexistent money from the U.S. Treasury and adding it to the United States deficit. What a guy!
Obama has never made it a secret that his penchant has been to gravitate to those that hold socialist, communist and Marxist beliefs. Can leading the United States economy toward an economic catastrophe be considered premeditation and constitute a felony? Could this rise to the level of an impeachable offense?
Not likely, as the law rarely considers stupidity and willful ignorance a crime, though they can lead to the painful consequences the U.S. and the world is currently experiencing.
Presently in Brussels, budget chaos, financial drama, a rebellious parliament, and fears of a plunging euro are viewed as seeing the probability of the European Union (EU) imploding.
That seems quite reasonable when one considers the economic model of deficit spending, lush compensation programs and increased taxation has never been shown to create prosperity.
Portugal, Italy, Ireland, Greece, and Spain might eventually default on their massive debts, piling losses onto the balance sheets of banks and investment funds, or need a bailout that would strain the euro zone’s resources.
On November 28, 2010 The Financial Times announced a $113 billion bailout of Ireland.
Quietly, an increasing number of bank analysts and economists have warned that a debt restructuring, reducing the debt load by pushing losses on creditors, appears almost inevitable for some countries.
Crucially, the austerity measures meant to cut deficits risk backfiring by slowing state revenues and economic growth.
Attention, “Earth to the European Union,” deficits cuts aren’t backfiring like your American counterparts, you lack the intestinal fortitude to cut spending.
Revenues don’t slow economic growth when kept in the hands of your citizens; they create new jobs economic growth and more taxes for your general coffers.
The 27 nation EU’s rule-book is already facing a new rewrite by year’s end that is reviving nightmare scenarios of a decade of fraught negotiations and failed referendums that brought it into being.
However former French president Valery Giscard d’Estaing, a staunch Europhile, warned: “It is still too early to assess the achievements of the new institutions.”
Home to tens of thousands of Eurocrats and their high-rise offices, Belgium itself is facing implosion between its divided French and Dutch-speakers after a political impasse that has left it without a government since June.
Angela Merkel and Germany are behind the upcoming treaty rewrite after its powerful constitutional court rejected part of a deal enabling the rescue of deficit-hit Euro zone nations.
That decision moreover was taken jointly at seaside talks by the EU’s power-couple, French President Nicholas Sarkozy and German Chancellor Angela Merkel, without prior consultation of their partners or of the new institutions created by the treaty.
EU president Herman Van Rompuy acts like a secretary not a president. “He’s completely under the thumb of the 27 governments,” firebrand Green MEP Daniel Cohn-Bendit said last week.
Van Rompuy should, in the eyes of the world, embody Europe’s federated states. He has failed to make a mark on a doubting Europe, hit by financial markets, queried by its leading partners, and the object of disappointment of its worried citizens.
For all their verbosity and continual blather, the European elites need to come to terms with a couple American concepts that have seemed to work well:
“ You can’t teach a pig to sing.” You just frustrate the pig and get irritated in the process. To be quite blunt while factual, socialism doesn’t work. Never has and it never will. Socialism is ‘the pig’ that has destroyed your economies.
Your leaders would do well to remember the quote attributed to Margaret Thatcher, “One of the main problems with socialism is eventually you run out of other people’s money.” Indeed you are seeing the proof of that at this moment in time.
Said another way as said by the now infamous Black Separatist pastor Jeremiah Wright, “the chickens have finally come home to roost.” Yes Dr. Wright indeed they have and many more are yet to arrive.
Let not your hearts be troubled, the United States President sat in his church for twenty years and didn’t learn anything from the good pastor either.
The second American axiom, is quite simple, “It is what it is.” Like Europe, the U.S. is in the middle of it’s own financial meltdown, largely the result of years of inept leaders following the failed policies used in your countries.
To be sure we are at the verge of having the current administration drive The United States, economy, its Constitution and standing in the world over the cliff. All of this of course is being done with “Malice aforethought.”
The United States fired the first shot of our second revolution on November 2, 2010. The message was sent loud and clear.
Americans don’t want socialism, a European health care system, phoney “global warming taxes” and they will continue to vote out those that fail to listen to them.
So many politicians refused to listen to the will of the people. Fortunately for the United States of America the poor listeners will be gone on Jan 20, 2011.
Wait there is still more! That’s Barack Obama flying in on the “Noon Balloon from the Moon” with news. What’s that? With great cheer he announces ‘the the U.S. is ready to back a bigger European Union Stability Fund. ‘
That’s right, the IMF, whose biggest single shareholder is the United States, has committed 250 billion euros to the European Financial Security Fund (EFSF).
In wrapping things up, Malice aforethought was mentioned earlier wasn’t it? Think Mr. money-bags has a shot at the 2012 Presidential run? Only the Shadow knows.
Jim Campbell runs Charging Elephants.
