Courageously written, and only one year after 'Fleeced', 'Catastrophe' is a complete unmasking of Obama's plan to take America on the fastest lane to Socialism. If you became disinterested because you thought there was no big difference between the parties lately, this book will shake you out of your apathy. It will help you understand the real and almost unstoppable dangers we are facing presently, and incite you to act - peacefully - but renounce your inaction to protect America.
Dick Morris reveals the radical agenda of our new president and his hurry to fast-forward U.S.A. so far to the Left that we will never be able to undo his legacy.
Each major policy is smartly exposed in concise chapters, all ending with an Action paragraph, advising on the necessary steps to take to defend America.
How do we fight back? We could wait for the 2010 elections when all House of Representative and a third of the Senate seats become up for grabs, but it may be too late because by then Obama might pass the bulk of his major changes, and we could end up with decades of cleaning up the mess. So, if you want to continue the free market capitalist experiment that made America the best place on Earth, Dick Morris is suggesting to go now after the moderate Democrats in Congress - those who do not feel they must depend on the Democratic Party's financing their future campaigns for re-election. They tend to be the same guys who feel they have some debt to the constituents who entrusted them with the job. To get updates of the fight to protect our way of life, go to [...] and join the peaceful resistance and oppose the destruction of America.
In the first chapter of this book, Dick Morris is pointing to the money parked on the sidelines of the economy. A lot. Between October 2008 and March 2009 the supply of money grew by... 271 %. There is no inflation yet, because the money is 'parked' in coffers of many financial institutions, but it will come out quickly at the first real signs of economic recovery. Then the Fed will need a big mop to clean up the excess liquidity, because too much cash will chase too few products and it will spell i-n-f-l-a-t-i-o-n. I loved the chart of Total Government Spending as a Percentage of GDP. Sweden heads the list at 57% with France following at 54%, the most Socialist in the Western World. United States, still the most capitalist among all stood at 36.4 %. But this will be changed once Obama completes his Stimulus package, Supplemental Appropriations and Health Care spending.
It does not take an expert to figure out that the Stimulus package does not stimulate. Obama is going on the route of his idol, FDR, making the same mistakes by adopting the Keynesian economics. But Obama is more arrogant then FDR so he adds his own mistakes to the classic mix. His trash-talking the economy is like yelling "FIRE" in a crowded theater, scaring people into stampeding into a panic-driven recession. He is sending doubts about the currency all around the globe, starts the class warfare between tax payers and tax eaters. Benjamin Franklin's old lament that the only two things you can't avoid are 'death and taxes' no longer applies today, because half of the American population escapes without paying a dime in income taxes.
In chapter 2, we read about the biggest panhandlers: AIG, Citigroup, BOA/Merrill Lynch, JPMorgan/Chase, Wells Fargo/Wachovia, GM, Morgan Stanley, Goldman Sachs, etc., about the thirteen steps to doom on how the catastrophe started, and the Obama's plan for government takeover of Banks: get all banks take TARP money, don't let them give it back, make them obey federal regulations, make them pass a 'stress test', make them raise more capital, swap the TARP debt with common stock, use the voting power to run the banks, use the leverage of the banks to run the economy and establish Socialism. As of now, the U.S. financial system is de facto nationalized. The only issue remaining is whether banks and financial institutions should be nationalized de jure. Will Obama clean the banks and sell them off as the Swedes did? Or would he use them as tools to manage an increasingly socialist economy? Our elected officials are not bankers, and if they will stay in control they will get it wrong. Solution? Vote out the Democrats in the 2010 election.
In chapter 3, you could benefit from Obama's mortgage rescue plan only if you can squeeze through the following eligibility standards: your lender wants to participate, if your loan is insured or owned by Freddie or Fannie, if you have a job, if the loan is not worth more than your home, if you are a borrower in good standing and if it's your primary residence.
Chapter 4 may be the scariest one and, you probably guessed it, is about Obama's National Health Care. The only thing that makes the plan possible is rationing of health care. Without enough doctors and nurses to go around the Government bureaucrats will make the decisions, and one of those decisions will be to give care to some and deny it to others. The sure victims of Obama's plan will be the elderly and the sickest. The sure beneficiaries will be: the poor, the newly legalized illegal immigrants and those who will continue to represent Obama's constituency. You will dissipate your reservations when reading the paragraphs on the Canadian system, some of its sordid tales and how Obama will bring it here.
Chapter 5, Obama's Blueprint for Political Domination is breaking it down into four-part plan to create a national political realignment: legalize as many illegals as possible, control the census and cook the numbers of the poor to get extra seats in the House of Representatives and add more blue to the Electoral College, change the unions election rules to make them depend on the Democrats as much as possible, and use the FCC to muzzle conservative talk radio. If you were scared to death of the National Health Care intended changes, the 'political realignment' chapter will make your blood boil.
In chapter 6, Obama declares the end of the War on Terror and nominates his left wing radical friends to head the national security and in chapter 7, he sends a billion dollar of your tax dollars as aide to Hamas! In the second and third part of the book, Dick Morris exposes the corruption of the Congressmen Christopher Dodd and Charles Rangel, the Kennedys, Tom Daschle, Bob Livingston, Matthew Nugen, and what drives them to serve Obama. He continues with the corruption of other politicians and the effects on our own morale and the stress on our military. Not long ago I read Cleon Skousen's 'The 5,000 Year Leap'. I was remembering when John Page wrote to Jefferson: "a spirit of public virtue may transcend every private consideration" or that without virtue and morality the Constitution the Founders had written and the republican system of government which is provided could not be maintained.
A book like 'Catastrophe' could only be written in America, for now. But I start having doubts it will still be possible in a few years...
Reagan was right when he said that the Government was the problem and not the solution to the America's ills. Obama's Government will upgrade the problem to Catastrophe.
With friendship,
Sergio
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