Our President is much smarter than people give him credit for. The lights went on for me today as I read about the European Commissions desire to tap the bank accounts of Cyprus citizens to pay the debt of their bankrupt nation. The press called this attempted bank levy "unprecedented."
My friend Dave has been warning me of this for some time, but I have not wanted to believe it. But connect the dots. We have a President, raised overseas, with a fundamental hatred of the unjust and oppressive "white capitalist" system. A system that has granted unfair privileged to some and wicked suppression to others.
So what do you do. The answer is really quite simple. Go the way of your European Socialist mentors and set the stage for equality. Run up the debt until you bankrupt the nation. To save the global economy there is only one answer. You cannot print money like a third world nation, or the inflation will destabilize the international currency balance. You can't ask for a bailout, because the world does not have twenty trillion dollars in a liquid form to give you. And sadly, our own Social Security fraud will be stripped naked and revealed as a giant Ponzi scheme by the 90,000,000 baby boomers moving through the system. The fifty trillion that should be sitting in cash and investments is long gone. So the real problem, plus the failed Obamacare, will look more like seventy or eighty trillion dollars of debt and non available funds.
At that point, the answer becomes clear for even the staunchest opponent. You simply declare a national state of emergency and go foraging in the bank, investment, and retirement accounts of those wise enough to work jobs and save money. You have instantly socialized America. The money you spent supporting the poor has now been debited from the accounts of the rich.
President Obama will be remembered as the ultimate Robin Hood, who leveled the playing field in just two terms as President. He will do in eight years what all the enemies of America have failed to do. And you doubted his genius!
