United Liberty

Lately we have heard quite a bit about Barack Obama’s “spread the wealth” comment, which has given new ammunition to the McCain campaign and its supporters in accusing Obama of being “socialist”.  As accurate as it is to describe much of Obama’s platform as socialist, to have McCain accusing Obama of supporting socialism is rather like the pot calling the kettle black.

I would remind my conservative Republican friends, who are so concerned about Obama’s socialism that they are holding their noses to vote for McCain, to bear in mind that McCain and Obama both voted for the infamous $850 billion bailout measure, which is arguably the single most socialistic (and fiscally irresponsible) piece of legislation ever to come out of Congress.  Not only did both candidates vote for this legislation, but they also worked very hard behind the scenes (and publicly) to make sure the legislation would pass by lobbying individual members of Congress.  McCain even threatened (or pretended) to “suspend” his campaign in order to promote “bipartisanship” to get this measure passed.  That alone should make it clear that McCain is just as much a “socialist” as Obama.

It has to be pointed out that the bailout measure is itself an enormous scheme to redistribute wealth, from the prudent and responsible to the imprudent and irresponsible. It is “legal” plunder of the absolute worst sort.  Of course, it isn’t lawful; it is unconstitutional.  It will certainly hasten the destruction of the dollar by adding more to the national debt (which will continue to be monetized by the Federal Reserve). McCain and Obama have given their blesssing to the Bush Administration’s measures to essentially nationalize the banking sector of the economy, along with the same regarding the the mortgage industry (Fanny Mae and Feddie Mac) and other areas of the economy.

There is simply no reason to believe that either McCain (campaign rhetoric notwithstanding) or Obama would do any differently along these lines than President Bush is doing now.  Why worry about a socialist President Obama when we already have a socialist President Bush?  With the most dramatically socialist moves (of the fascist variety) taking place right before our very eyes, it’s time we wake up to the fact that we already have a socialistic President and Congress.  This is not going to change with the next administration, regardless of which one of the two is elected.  The only way out of this is to put as much pressure on members of the new Congress as possible to undo the damage and to not engage in any new damage.  We can only hope that “the next Ron Paul”, Dr. B. J. Lawson, will be elected to the next Congress, and it will be imperative to recruit more people like him to run for Congress in 2010 and 2012.

It is obvious that neither Barack Obama nor John McCain have the slightest clue as what caused the economic mess we find ourselves in, or as to what we should do to get out of it.  To get out of this mess, we can begin by canceling the $850 billion bailout, ending the wars overseas and all the foreign intervention, bringing the troops home and closing foreign military bases.  We can then freeze all discretionary spending, and begin the transition of restoring the proper limits on the federal government imposed by the Constitution.  Hopefully these measures can achieve a budget surplus, which can be accompanied by much needed tax reduction.

We can go further by insisting upon a rigorous and complete audit of the Federal Reserve, which it has never had in its 95-year history, followed by the imposition of stringent regulations on the Federal Reserve.  It can be hoped that this would eventually lead to other measures to begin the transition to an asset-based currency, as the Constitution requires.  Needless to say, none of these measures will be proposed or supported by Obama or McCain.  The coming depression will likely last a long time.

Sadly, this election offers no choice of a Presidential candidate with any chance of winning who understands any of this.  However, we can let our voices be heard by casting our votes with one of the third-party candidates who does understand this, and by becoming involved in organizations such as the Campaign For Liberty.  Then the groundwork can be laid for building a Consitutionalist Congress in the 2010 and 2012 elections.