Obama Deliberately Crippling U.S. Economy
It’s all about gathering power for himself.
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Ever since Barack Obama was elected president in 2008, Americans have heard a lot about “progressivism,” Saul Alinsky’s “Rules for Radicals” and the “Cloward-Piven Strategy” of orchestrated chaos – basically, intentionally causing an existing system to break down in order to “rescue” it by instituting a new system. In other words, a “fundamental transformation.”
Conservatives believe this is Obama’s playbook, while liberals dismiss it as rightwing paranoia. But consider Obama’s economic policies with this paradigm in mind.
For any economy to function properly depends on the availability of capital and credit, raw materials, manufacturing capacity and production, and labor. To intentionally cripple an economy, one or more of these elements would have to be controlled or withheld.
American leaders have been overloading the economy with debt to pay for goodies promised to the populace since long before Obama, but the first big push for outright misallocation of capital (something strongly promoted by progressives) started with the Community Reinvestment Act of 1977, signed by Jimmy Carter. After all, the two principal economic engines driving the U.S. economy were automobiles and housing. The Act forced banks to misdirect their investment capital to areas and individuals that previously did not merit credit because of the high risks involved.