Buttle's World

20 March, 2009

Banana Republicdom, Here We Come

Filed under: Posts — clgood @ 20:31

John Hinderaker points out the insanity of Pelosi’s position.

Wells Fargo didn’t want any TARP money, but the government forced it to take more than $5 billion worth, so Wells Fargo employees who receive bonuses would be subject to Pelosi’s proposed tax. Say you’re a teller at a Wells Fargo branch in Minnesota and you’re married to a lawyer who makes $250,000 this year. You get a $10,000 bonus for your good work during 2008. The government steals it all (90 percent federal plus 8.5 percent state plus, unless it’s included in the 90 percent, 3 percent Medicare). That is simply insane.

If the Pelosi bill is actually enacted into law (which I still think is doubtful) and upheld by the courts, there is no limit to the arbitrary power of Congress. In that event, we have no property rights and there is no Constitution–no equal protection clause, no due process clause, no impairment of contracts clause, no bill of attainder/ex post facto law clause. Instead, we are living in a majoritarian tyranny.

Peter Robinson spoke to some people who have seen Banana Republics up close and personal. They argue that Comandante Obama is moving us that direction, and fast. Peter has a hard time arguing with them.

“It starts with a cult of personality,” the Cuban explained. “One man declares himself the jefe, the caudillo, the big leader.”

Had Obama attempted to instigate something like a cult of personality? The American found the charge impossible to refute. During the campaign, Obama had failed to advance a genuine agenda, instead campaigning on “hope” and “change.” In effect, he had asked Americans to turn the nation over to him on blind faith. He would, he promised, transcend racial and partisan divides in his very person.

Remember: It can happen here.

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