The Emerging Punitive Tutelary Fascist State

The Obama administration's economic policies have transformed America into a culture of despair.  It is more than a single policy which has led to this result, but a whole panoply of ill advised policies.

There is the failure to recognize the true causes of the housing collapse, and the extent of worldwide demand destruction.  There has been the obsequious obedience to the demands of unionized labor.  There has been the bail-outs of failed major industries including General Motors, Chrysler, AIG, and the largest financial institutions in the nation. Efforts have been increased to drive domestic energy producers out of business and create an even higher reliance on foreign sources of energy.

There has been the constant refrain for higher taxes.  Even as all of this was occurring there was the inexplicable explosion in government employment, the refusal to trim federal spending, the progressive and continuing devaluation of the dollar.  Meanwhile there has been an incredible  pretense to having created jobs even as unemployment soars to levels not seen since the great depression, and lest we forget there has also been the willingness to embark on new foreign military misadventures without consulting Congress.

The only apparent talents of the President to have emerged in his disastrous first 44 months in office has been the ability to tour foreign countries and deliver impassioned speeches filled with apologies on behalf of the United States of America. It is now finally apparent that while Obama occasionally speaks well, when his teleprompter is functioning, in the end he is not an educated man and is incapable of thinking outside of the ideological orthodoxy in which he has been steeped.

In the respect, Obama is a man of the past.   Even his progressive ideology is in the midst of international failure as the New World Order of Globalism is collapsing all over the world.  The vision of a one world community of nations engaged in competitive devaluations of fiat currencies is over.  Even as these words are being written there are howls of anger and pain arising from many quarters at the German reluctance to underwrite Eurobonds and bail out the weakest hammock economies of Europe.  The next stop for those carrying the tin cup will be the United States, but the United States has nothing left but paper.  It seems highly unlikely that any nation with large foreign reserves like China would step up to the plate.

So the New World Order of Globalism is in the process of passing away into the dust bin of history.   And what will take its place?     First, there will be violence.  It will be initiated by those who lose benefits  in every and country and state where the depletion of available resources will be unable to sustain the cradle to grave welfare state. Reductions in public pensions will undoubtedly create the most discontent. After the violence subsides there will be a resumption in earnest of the Punitive Tutelary Fascist state.

This will be the back drop of the 2012 general election.   Unfortunately, the most likely result is that a Republican will win.....but win only on the abysmal economic performance of the Obama Administration.  The danger is that the new administration arrives without a mandate to entirely deconstruct the Punitive Tutelary Fascist state. The new policies which might reasonably be initiated by a  new administration will not be sufficient to rescue the nation from total economic destruction.   Tweaking around the edges of the tax code won't be enough.  For these reasons, the results of the election of 2012 probably won't matter.   We have simply passed the point of no return.