Date: Thu, 26 Feb 2009 09:17:54 +0900 From: Joao Barros-Pereira <[email protected]>
Yes, can India do an Obama? We may be divided politically into countries, but at this point in history it is beyond doubt that we are in the same boat, economically and environmentally. Let's not sink our world! We need to go beyond old ways of thinking, beyond a narrow definition of politics, and ready ourselves for a new world which demands from us a greater understanding and maturity as human beings. Mario responds: God forbid an Obama emerges in India! India has already experimented with Obama-style socialism and massive Obama-style government spending and Obama-style government control of important sectors of the economy using a small army of bureaucrats, and the results were disastrous. Only after Manmohan Singh scrapped extreme socialism and inspired a renaissance in government attitude and policy did India's inherent economic vitality re-emerge and begin to assert itself in India and around the world. The current Obama is going to cost the world dearly while making the US weak and vulnerable to jihadi attack like the last Democrat president, Bill Clinton did, because of the massive cuts in defense spending that are being planned, even as Iran and N. Korea are trying to take advantage of his inexperience in foreign affairs by escalating their nuclear and missile programs. They know their window is likely to be the next four years. In his first 30 days Obama and his Democrat party have pledged to spend more money we do not have than the total cost so far of the Iraq and Afghan wars plus the response to Hurricane Katrina, all while falsely proclaiming that the US economy is the worst since the Great Depression, and even more falsely proclaiming that he is going to cut the current deficit in half by 2012. The worst economy in the US since the Great Depression was under President Jimmy Carter, Obama's fellow Democrat party member, and Obama is well on the way to making the economy as bad as that under Carter if not worse. Unlike Obama, who is addressing the economy with mostly massive vote buying spending programs and wasteful socialist-style spending, the Carter depression was turned around by President Ronald Reagan with income tax rate cuts and slowdowns in government spending. We know that works because Bush 43 used the same ideas to turn the economy around after 2001. However, both Reagan and Bush could have done a lot more to curb wasteful federal spending. Now we will have even more wasteful spending that ever before in our entire history thanks to Obama, who has been planning this socialist assault on all the factors that made the US economy an engine of the world's economy, ever since he got into politics.
