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Insanity (Blaming The Innocent)

 
Why, on God’s green Earth, is McCain’s campaign suffering from economic problems, while Obama’s is benefiting? By the logic of facts, it makes no sense! So why is he?


A. McCain: not guilty.  Foolish, maybe.  Not guilty.
 
McCain warned against this mortgage bubble. McCain tried to stop the mortgage bubble. But there were too many liberals for even the Maverick to stop: most Democrats, and too many ‘compassionate conservative’ Republicans
 
(Anybody notice, McCain can confound conservative movements, but his hand, so often stretched across the aisle, has not stopped liberal movements? 

It was liberals who enabled – mandated – Fannie & Freddie & all the rest, to create this mess. Obama’s record and intentions are like his fellow liberals: more government to solve a problem created by too much government already.  How can this crisis possibly be benefitting Obama???  Does nobody know the truth???  Possible.  McCain sure isn't telling the real story.  Broadcast media sure won't.  Obama Campaign certainly has nothing to gain, everything to lose ... from truth.

Isn’t the definition of ‘insanity’:  doing the same thing over & over again, and expecting to get a different result?
 

B. The Guilty Parties.

The way it seems to have played out: 

   1. Liberals mandated that Fannie, Freddie, and other banks must find ways to qualify folks with very low incomes and no significant savings, to give them mortgages they couldn’t possibly ever pay off – whether the former standard mortgage or the newfangled interest-only mortgage. Politicians, like Frank, Pelosi, and the rest, must have gone home with such a warm glow that night: they'd legislated wealth redistribution, and corporate America not only has to absorb the price, but also the effort of generation & oversight, and bear the ‘burden of proof of enough low-income mortgages’ to regulators!

   2. Liberals mandated that Fannie, Freddie, and other banks be legally allowed to write mortgages for interest-only payments. Wow! American dream! And banks didn’t fuss too much either … Occupant gets a house much bigger & plusher than he can ever pay for, because his legal mortgage payments are now within his budget … even though he’ll never actually own the house since you never pay a dollar towards principal! Banks write mortgages for homes they never relinquish title to. Wow! Anybody heard of ‘rent’? Always wanted my landlord to be my bank … so I can pay for all the repairs myself …

   3. Then the mortgage bubble starts growing. Ordinary folks seeking ordinary homes financed with ordinary mortgages find the prices getting sky-high for the value of home to be gotten. But all the national economic numbers were looking up, with more & more Americans became homeowners … of homes they’d never be able to pay for and truly own.  

   4. Then the mortgage bubble collapses. Ordinary folks cannot sell their homes if they still have a mortgage, since what they still owe is more than the newly depreciated home value. Some big banks get bailouts. Others simply go under or get absorbed. Then our ‘compassionate conservative’ president steps forward with a solution: government will buy & own the bad mortgages … and have considerable leverage over the entire mortgage economy. And taxes will pay for it. More government intervention, to fix too much government intervention.
 

C. Other solutions.

Why couldn’t we just free up money for credit without a government buy-up? 

     - We could indefinitely suspend corporate taxes, assuring executives they’d have at least a 3-month notice before a phase-back-in would commence. 

     - We could terminate all capital gains taxes.  What good are capital gains taxes when the economy is tanked and there are no gains to generate taxes on anyway? Yet, free up the expectation of losing all that cash to tax, and you conversely increase incentive to invest, thus investors ‘find’ cash for loans and all that …

Oh, liberals want big government.  Ah, liberals want to control, not to govern. Silly me.

And Iceland, one of two premier & advertised socialist cradle-to-grave worker's paradise, just went bankrupt. Do we really want to go there too? If promises go bankrupt, then the political system isn’t looking out for the people governed. That sounds like a working definition of an evil political system.  We're going there.  Insanity.
 
 
D. Why aren’t the liberal politicians who created the mess … paying for it?
 
Compassionate Conservatism has partnered with Liberalism. Conservatives caved; too many of the weak-willed ones, anyway.  Now, Liberals have won. 
 
Big problem. Governments cannot easily be forced to give power back. Oh, government can force corporations to give up power. Government can even send corporate executives to jail. But who can send a politician to jail for the very same abuse of power? Nobody external, short of revolution; but the hitch: nobody but fanatics want the blood & mayhem of revolution, until they have so little left that losing their life means little. 

Only a maverick of high integrity can reform a government, and it has to be from within. But that maverick must obtain a position of power to have any effect.
 

E. How it *could* happen. But won’t.

It seems McCain & Palin would fight corruption in DC.  Probably won't get the chance.

    - But McCain won’t allow the campaign to raise their voices now, naming names. 

    - Why not? Traditional McCain politeness, it seems. Probably why McCain's never once stymied any liberal movement. McCain finds it impossible to call a spade a spade, a lie a lie. 

McCain won’t even stymie the liberal steam roller dooming him to November 2008 defeat.
 

Conclusion: insanity.

Insanity: doing the same thing over & over again, and expecting a different result.

    - Politicians want us to believe the government bailout will solve the problem of too much government involvement. Insanity.

    - McCain wants to believe he can remain his old conservative-confounding, liberal-enabling self, and somehow win in November 2008. Insanity.

Politics in 2008.  Insanity.
 
Truth can trump insanity.
 
"I have learned that Evil often triumphs over Good, unless Good is very, very careful."
     - Doctor McCoy to Spock, from the science fiction series
       Star Trek, episode "The Omega Glory"
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Not all 80% want the same 'change'!

Something's been bothering me for about a decade, and irritating me for some years before then. Now, retired, I can speak freely. 

I charge:
  - my fellow citizens, who I spent 20 years defending, to consider the logic I lay out below, and inform their elected leaders about conclusions based off this logic and any subsequent research.
  - politicians, who I spent 20 years obeying, to find some speaking nuggets here.  I hope they do indeed take an overpowering stand for energy sense... there should be something good they can do with the logic below.

I'm one of the apparent 80% of Americans fed up with the status quo. And I indeed want 'change'.

But my part of the 80% is the kind opposed to change that goes further in the liberal-socialist direction.
  - I have lived in 9 states and in DC, spanning from the Potomac to the Pacific Coast, from Texas to Minnesota. I've traveled extensively in 30-some other states. I have a good random sampling of conditions across the USA. In the USA we can have smog-haze, in addition to normal meteorological 'inversion' conditions. But at it's worst, whether a natural inversion or man-made smog layer, I could always at least find a brighter spot in the sky, and know where the sun was. Very few days were 'at its worst'.
  - I also lived in the Far East for two years, and traveled among various countries in Europe, Central America, and the Middle East. I have seen pollution. I have seen Chinese & Korean pollution so thick that I couldn't find the sun on a cloudless day... too many days to count, in just two years. Never seen that pure-white sky anyplace in the USA. I've never gone jogging in the USA, and afterwards felt like I'd just smoked two packs of cigarettes. I've felt that in Korea.
- I'm 44 years old. I have a memory. I use my memory. I've sampled some 16,000 days thus far in my life; about 12,000 days since achieving an age of reason. That should be statistically significant for any eyewitness.
- I can verify that the USA has absolutely no pollution problem, especially compared to other countries; current USA environmental regulation is over-achieving.
- As a friend of many liberals, I know the most radical of the environmentalists are grinning with glee at high petroleum prices, and want those prices to keep going up. That's their part of the 80%, not my part.  Rather, I say we have absolutely no need for even more government restriction.

I dare to assess, with a memory of the days I've seen, that we even have some room to relax a bit.

I want government out of the way.
- I'm fed up with ever bigger government. I can balance my budget, but my state and my Fed cannot.
- I'm not affiliated with any oil company, but I know oil companies procure, process, and provide all manner of historically stupendously efficient petroleum energy. Government does not produce natural gas, gasoline, nor any other product. Yet I witnessed federal legislators assuming a self-declared righteous position, grilling oil executives. The congress members behaved as pathetic buffoons. I know well that oil companies make only 2/3rds the profits that government makes in taxing that hard work.

In general, I'm fed up with government that assumes an elitist air, and dares to challenge the hippie song: "He can't even run his own life, I'll be damned if he'll run mine!" Ironic. That song is now a legitimate charge against amok liberalism.

I'm part of that 80% that wants a government to stand up for common sense and logic, over emotive hype and half-baked half-truths. A few simple points suffice:
- We drilled & pipelined Prudhoe Bay with 1970s technology, and Alaska has not suffered. ANWR, with even 1990s technology, should be a no-brainer.  Same conclusion for offshore drilling, just like China is doing off our very shores just on the other side of our oceanic boundary with another country's territorial waters!
- And I cannot comprehend who could seriously push for petroleum-produced food to be converted, with more petroleum, into a petroleum substitute.
- Again, I have a memory. I know full well that Impending Ice Age was the scare a generation ago. I know full well that global warming began before mankind began the Industrial Revolution.

In the real world, cause must precede effect. Yet state & federal government actions regarding all the above, and energy policy generally, is not short of ludicrous. A link could be made to our founding documents:  "When in the course of human events ... " But at the least, a quote from the comedian Gallagher definitely applies to current government over-intervention in American liberties and the general welfare in pursuit of happiness. As Gallagher once said, ironically, about government-run schools: "It makes no sense!"

I want government to wake up to reality, to stand firm against environmentalists, against their wacky pseudo-science, and against various earmark and other end-around pressures. I want government to get out of the way of current-technology oil drilling, pipelining, shipping, refining, and distribution. I want, indeed: "drill here, drill now, pay less". That's the most sense I've heard from any politician in about a decade!

Stop the madness of 'cap & trade'. Cease the Warner-Lieberman style of idiocy, and all state-level equivalents.

In this essay, I've focused on petroleum. And it's for good reason:  petroleum has been to energy what penicillin was to medicine. But similar can (and should) be said about nuclear energy. One might also, after hearing what geologists like Apollo-17 astronaut Harrison Schmitt have to say, become a lot more serious and urgent about nuclear fusion, and moon-mining operations to get this wonderful fuel. But nuclear fusion is at least several years away; we don't even any more have hardware that can get man and mining to the moon. However, we do have nuclear fission, and all manner of petroleum-based energy, that are technologically mature & 'immediately' available.

Bottom line:
1. Government, in general, get out of the way!
2. Government, specifically, loosen the reigns on American energy!
3. Government, eliminate regulations & laws, now!
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