Obama's Biggest Lie, Ever -- Unless He is This Naive

Gary North

Aug. 11, 2012

I do not want to think that any President of the United States is stupid. So, I am eliminating this explanation for what I am about to reveal.

I do not want to think that any President is naive regarding politics. I suppose it is possible, but the idea repels me. Could the American political system elect a man to the highest political office who is politically naive? I prefer to eliminate this explanation.

This leaves lying.

In a political speech in Colorado (August 9), Obama said this. I am citing this directly from the White House's Web site.

"But, listen, unless you've been able to hide from your TV set or your cable is broke, you're probably aware right now that we've got a pretty intense campaign going on. (Applause.) And the reason it's so intense is because the choice that we face this November could not be bigger. It's not just a choice between two candidates. It's not just a choice between two parties. More than any election in recent memory, this is a choice between two fundamentally different paths for our country -- two fundamentally different visions of where this country needs to go."

In opposition is CFR Team B. Today, this designation is given to the CFR members who are in favor of the Federal Reserve System, are opposed to the gold standard, and are defenders of an aggressive foreign policy, the U.S. Navy's fleet of aircraft carriers, the U.S. dollar as the world's reserve currency, and a modified version of Romneycare, not yet revealed.

Between these two rival views, the shape of the America of the future will be hammered out.

President Obama is saying, "this time, it's different." He must have in mind 2008, when Senator John McCain rushed back to Washington to vote for George W. Bush's proposed $700 billion bailout of the big banks, which Obama supported. McCain was not willing to accept the prospect of Obama's $800 billion bailout of the auto industry and the creation of "shovel-ready" public works projects. Bush illegally began the Chrysler/GM bailout before leaving office.

Before that, in 2004, two members of Yale's Skull & Bones secret society -- who were sworn by oath not to discuss the society, and didn't -- struggled for the allegiance of the American electorate.

And then there was 2000, when a graduate of Yale gave the nation a way to avoid the sinister prospects of being led by a graduate of Harvard.

But Obama says that the nation has not seen anything like the struggle that is going on today. His words give us hope. This time, at long last, we have a choice, not an echo.

Echo.

Echo.

Echo.

This is the biggest lie in American politics. It is the central pillar of American politics. It has been ever since 1964, when Barry Goldwater sneaked through the Republican Party's controlling Eastern Establishment and got the nomination, mainly because Nelson Rockefeller got a divorce and then remarried. (Things were socially different in 1964.) Before that election, the last major choice was in 1904, when Teddy Roosevelt defeated. . . . You don't remember, do you? I do. You can look it up. That was the fork in the political road. Americans chose the wrong fork. The fact that it was the fork in the road is never mentioned in textbooks. That's because it really was.

So Punch vies with Judy, election after election.

The voters cannot decide. In 2004, something unique in American history took place. A President was re-elected to a second term, following a President from a rival party who had also been re-elected. Now there is the prospect of a swing back: a President of a rival party getting a second term, despite the fact that 40% of the electorate thinks he is doing a bad job, and despite a faltering economy.

This is gridlock nation. If the Senate goes Republican, as expected, along with the House, national politics will be stymied.

This is good. We will get some relief. We do not need another Obamacare, which was passed when the Democrats controlled Congress, any more than we needed Bush's Medicare prescription drug law, which passed when the Republicans controlled Congress, a law which soon tripled in estimated costs.

Meanwhile, the real national debt -- the "off budget" debt -- will rise by $11 trillion a year for four years, just as it rose by $11 trillion over last 12 months. It may rise even more.

Both paths are headed toward the same destination: the bankruptcy of the U.S. government.

And then, God willing, we really will get a choice, not an echo.