May 22, 2013
They launched the 'Arab Spring' but now yearn for the good old days of a strongman
May 20, 2013
Richard A. Serrano: Is Meir Kahane's assassin now a changed man?
Genetic copies of living people from embryos no longer science fiction
Jewz in the Newz by Nate Bloom :
The Kosher Gourmet by Cathy Pollak:
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May 13, 2013
Rabbi Nathan Lopes Cardozo: Why the giving of the document that would permanently change the world could only be done in desolation
David G. Savage:
Church-state, literally? Supreme Court weighing public school graduation in a church
May 10, 2013
Rabbi Berel Wein: Be all that you should be
May 8, 2013
Peter Ford: Why China is welcoming both Israel's Netanyahu and Palestinians' Abbas
Obama administration quietly backs out of appeal over new contraceptive mandate
At Kerry-Putin meeting, US-Russia relations thaw --- a tad
The Kosher Gourmet by Leela Cyd Ross :
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May 6, 2013
May 3, 2013
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April 29, 2013
Poland's new Jewish museum celebrates life, doesn't revisit Holocaust
Terrorism in America: Is US missing a chance to learn from failed plots?
Boston Bomber's 'Svengali' Revealed
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April 26, 2013
Clifford D. May:
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April 24, 2013
Jewish World Review
Oct. 27, 2008
/ 28 Tishrei 5769
Dick Morris & Eileen Mc Gann
The perfect storm combining the vast expansion of government's role in the American economy, a looming Obama triumph and likely huge Democratic gains in Congress augur the most serious threat of the onset of socialism the United States has faced since the New Deal. But while it became obvious that FDR's goal was to save capitalism, not to replace it, it is by no means clear that Barack Obama is similarly inclined.
As alarm bells ring incessantly, demanding government action to prevent the conflagration of our most important companies and markets, the Federal Reserve and Treasury rush to extinguish the flames with hoses filled with money. But this massive and needed public-sector intrusion into private enterprise begs the key question: After the fires are put out, will the government firefighters leave, or will they move into the companies they saved and evict their former corporate owners?
The current crisis makes it clear that the government will be invited inside the management and ownership of our top financial and corporate institutions. But it is unclear whether it will ever withdraw after the crisis has passed.
Obama's stated goal of "spreading the wealth around" may indicate an inclination to embrace European-style socialist democracy. His emphasis on promoting "fairness" in income distribution and his willingness to sacrifice economic growth by raising taxes on "the rich" all seem to point in that direction. Will Obama realize that while government is needed to prevent a crash, it is hopelessly inadequate as an engine of prosperity? Bureaucrats are neither sufficiently competent nor honest nor independent enough to make key decisions about where capital should be invested, except when it is needed to extinguish the flames of crisis.
If Obama wins and takes a solidly and overwhelmingly Democratic Congress with him including a filibuster-proof Senate we will have to entrust our system of private ownership, limited government and free enterprise to the tender mercy of the left. But the newly empowered liberals will not have to breach the walls of the private sector, justifying each new intrusion by argument and logic. Rather, they will already be inside the gates, invited there to save these institutions from their own history of greed and mismanagement. Will the left simply leave government there, effectively converting our private enterprise system, where government absorbs about a third of our GDP into a social democracy, a la Europe, where the public sector accounts for almost half of the economy?
For those who would rather not find out, it is particularly important to redouble our efforts for John McCain and to battle for each Senate seat. McCain is only seven points behind not an insurmountable margin. A good final week could save the free enterprise system. We owe it to our future to try.
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JWR contributor Dick Morris is author, most recently, of "Fleeced: How Barack Obama and Hillary Clinton, Media Mockery of Terrorist Threats, Liberals Who Want to Kill Talk Radio, the Do-Nothing Congress, Companies ... Are Scamming Us ... and What to Do About It". (Click HERE to purchase. Sales help fund JWR.) Comment by clicking here.
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