Monday, April 16
(Click cartoon to see it in glorious full size!)
This weekend marked the 100th Anniversary of the sinking of the Titanic, perhaps mankind's clearest object lesson that neither empty "expertise" nor self-satisfied hubris can prevent disaster.
But sadly, Captain Barack Obama is now ordering America's ship of state to move at "full speed ahead" towards an iceberg he not only knows is there...but he's actually doing everything in his power to make the iceberg bigger.
That iceberg is, of course, the National Debt...and according to Timothy Geithner, the president's plan is to ram it all full speed just 15 years from now and allow the wrecked U.S. economy to disappear. As completely, quickly, and cruelly as the Titanic slipped beneath the icy waves, without even the comfort of an orchestra playing "Nearer My God to Thee" in case any Muslims, liberals, or ACLU lawyers might be offended.
But if Geithner is saying that life as we know it will end in 15 years, why aren't people in a state of panic and angrily demanding action?
In part it's because the End of America seems unthinkable, and therefore can't really be possible (let alone imminent). Right? Wrong. Wishful thinking isn't going to keep us afloat. But just as importantly, people are failing to realize the gravity of the situation because the captain of our ship is lying his butt off about both the looming disaster and his efforts to avoid it.
How else to categorize Barack Obama's continued speechifying about the preposterous "Buffett Rule" which will have as little effect on the debt crisis as the Titanic's buffet tables had on keeping the great ship from sinking?
The Skipper-in-Chief is currently saying that the "Buffett Rule," which imposes significantly higher taxes on millionaires, "will help us close the deficit." Which sounds good until you crunch the numbers and find out that it will take 514 years of these increased taxes just to pay off Obama's deficit from 2011. Which means that the deficit from 2012, Obama's (hopefully) final year in office, wouldn't be paid until after the year 3000.
Except, of course, by then our nation will have been gone for 975 years... unknown to anyone except some future James Cameron-type who is willing to dive deeper into red ink than anyone has dared to do previously.
Except for Barack Obama.
Posted By Stilton Jarlsberg at 4/16/2012