Tuesday, March 10, 2009

Obama's Manchurian Candidate Plan

1. Since investors and the market in general hate uncertainty, have a vast array of conflicting ad hoc policy decisions so as to create uncertainty everywhere.
2. Transfer money from those who create sustainable jobs to those who create unsustainable jobs, e.g., the government
3. Promise to invest money in things that will enhance the country’s infrastructure, such as roads and internet access, but then practice bait and switch on a breathtaking scale, so the effort is swamped with pork for pet projects dear to Democrats
4. A sufficiently generous larding of pork can help ensure the destruction of bi-partisanship, so squandering the initial good will is definitely a very good move. After all, it’s hard to get things done when you’ve alienated people whose help you need.
5. Undermine the ability of those who create jobs by increasing their taxes so there’s less money available for investment.
6. While you’re at it, offer to spread the income around by raising taxes, in the process, making it clear to those who work hard, invest in their educations, take risks, save, and delay gratification that they will see their money go to those who do not do these things.
7. Encourage class warfare. Divide the populace and destroy cooperation, thus encouraging backlash and creating paralyzing polarization.
8. Talk up protectionism, since the beggar-thy-neighbor approach has such a long and vigorous history of encouraging depression.
9. Scare people with talk of economic catastrophe. You can backpeddle later, but the initial good work of helping people lose confidence should have a lasting impact.
10. Print money on a scale that will insure inflation in the future. Print it on a scale that will make people not want to hold U.S. debt without staggering interest on that debt, if they’re willing to hold U.S. government debt at all.
11. Instead of allowing hopeless institutions to go bankrupt, pour vast amounts of money into them, prolonging the pain and running up the cost while only delaying the inevitable.
12. Burden future generations with unprecedented amounts of debt so that the eocnomy you ruined today stays ruined tomorrow.
13. Implement cap and trade on fossil fuel sources to drive up the price of energy and the price of everything that uses energy.
14. Invest vast sums in wind-power and solar energy, sources which can make only a marginal contribution to America’s energy needs.
15. Put nuclear power and domestic sources of oil and natural gas off limits.

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