Townhall
Finance...
Mitt
Presumes to Tell Big Government to Make Wages Fairer
by John
Ransom
February 2, 2012
Obama and
Romney are getting really good at this.
They just
wave their hand and the rest of us fall into line.
Both of
them recently unveiled huge new proposed government mandates aimed at
making
government a bigger player in the masterpiece economy that Big
Government Inc.
has given us, in these, the waning days of the Boomer generation.
Obama’s
working on solving the whole “real estate” crisis and Romney’s working
on
solving the whole “fairness” crisis.
Obama’s
mandate was to banks.
“President
Barack Obama proposed to let more homeowners take advantage of today’s
record-low interest rates and expand federal programs to borrowers with
mortgages not funded through government entities Fannie Mae, Freddie
Mac and
the FHA,” writes Fox Business. “Under that program, the FHA would
likely
guarantee the new loans.”
You mean
all we have to do is let the government guarantee more bad loans?
Gee, I
never would have thought of that. I bet you wouldn’t have tjhought of
it
either. That why He’s president.
Obama wants
banks to start loaning money to people who can’t afford their houses.
Obama
figures in this way he can solve the problem the government created
when they
forced banks to start loaning money to people who couldn’t afford their
houses
to begin with.
Obama and
the government are currently suing banks who lent money to people who
couldn’t
afford it, and apparently- surprise- that plan’s not working. Banks
aren’t
loaning money, despite the punishment that’s being meted out by the
government
for doing what the government asked.
People who
can’t afford houses got the economic lesson that politicians are
avoiding, and-
guess what?- they aren’t
applying for
mortgages.
So Big
Government Inc.’s interim CEO, Barack Obama, has a new scheme.
He is going
to tax banks- and ultimately you- that he just sued for loaning money
to people
who couldn’t afford it, so that the feds can have a slush-fund to work
from so
banks can loan money to people who can’t afford it.
I know, I
know: You are confused. But don’t worry, the forensic accountants will
be just
as confused in the end.
And really,
for Big Government Inc. that’s all that matters.
CEO-in-Waiting
Mitt Romney’s government mandate is much, much broader.
He wants to
make employers give automatic pay raises that are tied to inflation to
all
employees at the minimum wage level.
“Republican
presidential contender Mitt Romney renewed his support Wednesday for
automatic
increases in the federal minimum wage to keep pace with inflation,”
reports the
Associated Press via Newsday, “a position sharply at odds with
traditional GOP
business allies, conservatives and the party’s senior lawmakers. ‘I
haven’t
changed my thoughts on that,’ the former Massachusetts governor told
reporters
aboard his chartered campaign plane, referring to a stand he has held
for a
decade.”
And guess
who gets to decide what inflation is?
The same
geniuses who decided to index Social Security increases to the “cost of
living.”
Romney
wants to make automatic what Congress wouldn’t have the guts to do if
they had
to vote on it every time.
Hurray for
Mitt! Maybe he can apply the same logic to the debt ceiling? I never
would have
thought of that. And I guess you wouldn’t have either. That’s why
Mitt’s
president presumptive.
Government
workers, union flacks and people with municipal waste contracts are
smiling.
What Gov. Scott Walker of Wisconsin got us, Romney just gave away.
Neither
Republican Speaker of the House, John Boehner, nor Republican Senate
Minority
leader, Senator Mitch McConnell were available to comment on Romney’s
proposal,
which is at odds with the GOP small business community, the big
business
community, Wall Street, manufacturers, grocers, free market economists,
Ronald
Reagan, the laws of physics and common sense outside of the enclave of
Boston
Common and Martha’s Vineyard.
Expect
moments of silence amongst congressional Republicans to become more
common
either as a sign of mourning or suppressed anger as Mitt becomes more
presumptive.
After all,
Romney’s the guy that Florida just crowned as President Presumptive,
which
being Florida, they only got half right.
Good thing
that Mitt’s been there to save us from Newt Gingrich’s worry about
right-wing
social engineering.
Great news
folks: The social engineering gets to continue unimpeded from the left
or the
right no matter who wins the presidency.
Now all we
have to do is figure out how you will pay for it.
I have a
hunch: If it’s Obama who wins it will be cash and if it’s Mitt who wins
it will
be credit.
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