Interesting article   
      
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   http://tinyurl.com/2cek8a8   
      
   Will Washington's Failures Lead To Second American Revolution?    
   By ERNEST S. CHRISTIAN AND GARY A ROBBINS    
   Posted 07/30/2010 06:30 PM ET   
       
      
   The Internet is a large-scale version of the "Committees of    
   Correspondence" that led to the first American Revolution — and with    
   Washington's failings now so obvious and awful, it may lead to another.   
      
   People are asking, "Is the government doing us more harm than good?    
   Should we change what it does and the way it does it?"   
      
   Pruning the power of government begins with the imperial presidency.   
      
   Too many overreaching laws give the president too much discretion to    
   make too many open-ended rules controlling too many aspects of our    
   lives. There's no end to the harm an out-of-control president can do.   
      
   Bill Clinton lowered the culture, moral tone and strength of the nation    
   — and left America vulnerable to attack. When it came, George W. Bush    
   stood up for America, albeit sometimes clumsily.   
      
   Barack Obama, however, has pulled off the ultimate switcheroo: He's    
   diminishing America from within — so far, successfully.   
      
   He may soon bankrupt us and replace our big merit-based capitalist    
   economy with a small government-directed one of his own design.   
      
   He is undermining our constitutional traditions: The rule of law and our    
   Anglo-Saxon concepts of private property hang in the balance. Obama may    
   be the most "consequential" president ever.   
      
   The Wall Street Journal's steadfast Dorothy Rabinowitz wrote that Barack    
   Obama is "an alien in the White House."   
      
   His bullying and offenses against the economy and job creation are so    
   outrageous that CEOs in the Business Roundtable finally mustered the    
   courage to call him "anti-business." Veteran Democrat Sen. Max Baucus    
   blurted out that Obama is engineering the biggest government-forced    
   "redistribution of income" in history.   
      
   Fear and uncertainty stalk the land. Fed Chairman Ben Bernanke says    
   America's financial future is "unusually uncertain."   
      
   A Wall Street "fear gauge" based on predicted market volatility is    
   flashing long-term panic. New data on the federal budget confirm that    
   record-setting deficits in the $1.4 trillion range are now endemic.   
      
   Obama is building an imperium of public debt and crushing taxes,    
   contrary to George Washington's wise farewell admonition: "cherish    
   public credit ... use it as sparingly as possible ... avoiding likewise    
   the accumulation of debt ... bear in mind, that towards the payment of    
   debts there must be Revenue, that to have Revenue there must be taxes;    
   that no taxes can be devised, which are not ... inconvenient and    
   unpleasant ... ."   
      
   Opinion polls suggest that in the November mid-term elections, voters    
   will replace the present Democratic majority in Congress with opposition    
   Republicans — but that will not necessarily stop Obama.   
      
   A President Obama intent on achieving his transformative goals despite    
   the disagreement of the American people has powerful weapons within    
   reach. In one hand, he will have a veto pen to stop a new Republican    
   Congress from repealing ObamaCare and the Dodd-Frank takeover of banks.   
      
   In the other, he will have a fistful of executive orders, regulations    
   and Obama-made fiats that have the force of law.   
      
   Under ObamaCare, he can issue new rules and regulations so insidiously    
   powerful in their effect that higher-priced, lower-quality and rationed    
   health care will quickly become ingrained, leaving a permanent stain.   
      
   Under Dodd-Frank, he and his agents will control all credit and    
   financial transactions, rewarding friends and punishing opponents,    
   discriminating on the basis of race, gender and political affiliation.    
   Credit and liquidity may be choked by bureaucracy and politics — and the    
   economy will suffer.   
      
   He and the EPA may try to impose by "regulatory" fiats many parts of the    
   cap-and-trade and other climate legislation that failed in the Congress.   
      
   And by executive orders and the in terrorem effect of an industrywide    
   "boot on the neck" policy, he can continue to diminish energy production    
   in the United States.   
      
   By the trick of letting current-law tax rates "expire," he can impose a    
   $3.5 trillion 10-year tax increase that damages job-creating capital    
   investment in an economy struggling to recover. And by failing to    
   enforce the law and leaving America's borders open, he can continue to    
   repopulate America with unfortunate illegals whose skill and education    
   levels are low and whose political attitudes are often not congenial to    
   American-style democracy.   
      
   A wounded rampaging president can do much damage — and, like Caesar, the    
   evil he does will live long after he leaves office, whenever that may    
   be.   
      
   The overgrown, un-pruned power of the presidency to reward, punish and    
   intimidate may now be so overwhelming that his re-election in 2012 is    
   already assured — Chicago-style.   
      
   • Christian, an attorney, was a deputy assistant secretary of the    
   Treasury in the Ford administration.   
      
   • Robbins, an economist, served at the Treasury Department in the Reagan    
   administration   
      
   CMPQwk 1.42-21 9999    
   Hope and change = $1T deficit and 10%+ unemployment .....   
      
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