There is almost no reason why the GOP should seek to impeach the President. Mr. Obama has been hobbled by the electorate and the Supreme Court and now his philosophy and general ham handedness is on display for the world to see. The GOP wants to win elections. The party is happy to have Obama implode over the next 3 years.
Washington and the Fed think they can plan out society. That they can manipulate the levers of the economy to elicit positive outcomes (mostly for them). That leaving the world to the “whims of the marketplace” is madness. That dispassionate managers (no one is dispassionate, especially political managers) can and will make the world anew. There is no God. Government is God and it will giveth and taketh as it pleases.
The National Review’s Jonah Goldberg argues that what is called the American “Left” will never really fight crony capitalism. That what the progressives actually want is not the separation of business and the state but business which will do as it is told. Business as junior partner to the government. A lapdog.
Is he right?
Obamacare is truly one of the most amazing pieces of law the world has ever seen. It is the administrative state out of control. It is hubris on an industrial scale. It is an Utopian fantasy constructed in a hurry so that the Republicans couldn’t stop it. It is crony capitalism. It has probably already entered an insurance death spiral.
Earlier today the DC Circuit Court ruled that those who buy health insurance through the federal healthcare exchange (Healthcare.gov) are not eligible for offsetting subsidies. The ruling came careening out of nowhere and it hammers the Obamacare law.
Dodd-Frank, though passed 4 years ago in the wake of the Crash still isn’t even half written. It may never be fully written. As we speak regulators write new rules and regs with help from the financial industry of course. “It’s a living document.” Sigh.
At best we have been treading water since 2008. Check that, we’ve been treading water while the tide continues, unrelentingly to go out.
The DC GOP crowd, mostly Bushites these days, has no real interest in shrinking the size of government or in reducing crony capitalism. Chris Christie, Jeb, and the rest really don’t care about rolling back the state. In fact their ilk are really all for expanding government’s roll in your life and in the economy. They just want to control the levers of power.
Hilda Solis has worked for labor unions for her entire career. Therefore when President Obama appointed her to be Labor Secretary it was tantamount to giving a federal department to union special interests. That was only the start of what has turned out to be five and a half years of crony capitalism at the highest level.