Real March Madness

We get the government we deserve.

At the urging of the Obama administration, wording was put into last month's "stimulus" bill that protected executive bonuses agreed to before Feb. 11, ahem, like those at AIG, for instance. Almost all the Democrats voted for it along with a few Republicans.

Obama and the same Democrats who supported the bill last month are screaming bloody murder about the AIG bonuses this month. Please, can we have some Oscar nominations here?

With the exception of the soon-to-be-re-regulated conservative talk radio, I don't hear anyone going ballistic at this flip flop. Obama, with a straight face, decries the AIG bonuses as do our members of Congress. Cooler heads pleaded for Congress to take the time to read and have a robust debate on the bill. But sorry, we were told, this is such an emergency that we don't have even a couple of weeks to read and debate the bill.

So what does Obama do? The teleprompter-reading-$500,000-book-advance-taking-second-biggest-AIG-money-grabber president heads to the Tonight Show to hobnob with Jay Leno. On the way to the studio—by the way—he stops to fill out his March Madness brackets.

For real March Madness, forget the round ball games; follow what Obama and his Democrat buddies are trying to pull off in DC. I hope we can turn that madness into outrageous anger and direct it to our Democrat-controlled government.

On the bright side, it's taken Obama and the Democrat Congress just two months to do something George Bush was never able to accomplish: make George Bush look like a competent president.

• • •

While this political circus has been going on, the Fed, with some fancy shuffling of IOUs and freshly-minted greenbacks, has pumped $1,000,000,000,000 into our money supply. Say "hello" to hyperinflation. If you got a kick out of worrying about the coming depression, the coming Third World hyperinflation should be pleasing indeed.

You see, the financial gurus that run this so-called system, are desperate to get American consumers spending again. This is what happens when our whole economy is based on us going into ever-increasing consumer debt so we can buy stuff from each other and not be bothered about having to produce anything anymore.

One of the good things about the current recession is that our rate of saving has actually increased. But nooooo, even after decades of deriding us for not saving, central bankers don’t want us to start saving now: we need to spend, spend, spend, borrow more, and spend, spend, spend again.

Does the American electorate care, or even notice? I don't think so.

We get the government we deserve.