The Obama administration is still more than a month away from finishing its first hundred days, and yet, their usurption of centralized power is enormous, unprecedented and it should send chills down the spines of all those that believe in personal liberty. This weekend's demand that the CEO of GM step down is just the latest in the administration's drive for an unprecedented consolidation of power. Treasury Secretary Geithner not only wants to create a systemic risk manager but he wants to give himself the power to step in and take over any company that he deems too big to fail. Already, the government is making decisions no one ever thought someone outside the private sector would make. Their power grab is having real effects not merely hypothetical ones.
Between the stimulus, cap and trade, the bailouts, and regulatory reform, the government is ready to make an unprecedented amount of decisions for both businesses and the consumers at large. The car companies will need to make many more cars that are energy efficient. If you use energy that the government deems isn't healthy for the environment, expect to pay significantly more to do it. Everyone will soon have to have health insurance, like it or not. Fannie/Freddie are now forced to modify loans that the government deems worthy of better deals. The central government will take a much more active role in education as well. Just today, there is a bill that is going through Congress to allow lawmakers to set all pay for every employee, retroactively if necessary, for any company that takes bailout money. In every facet of society, it's nearly endless. The government is making decisions that the private sector should make in any society that values freedom and liberty. All in the name of problem solving, we are seeing the consolidation of power in much greater quantities into the hands of the Obama administration.
Now, one way to attack this power grab is through some cliches and timely quotations of the likes of Thomas Jefferson. After all, we all know that
power tends to corrupt and absolute power corrupts absolutelyand we also know that
a government big enough to give you everything is big enough to take it
All of these are great concepts for a high brow debate, however, if the Republicans are to take advantage politically of this enormous power grab they must set this power grab in more practical terms, MONEY.
The sum total of this power grab is that it costs a lot and we just don't have a limitless amount of money. The down payment on universal health care is nearly $600 billion. The stimulus was $787 billion. This year's budget is nearly $4 trillion. The plan to remove toxic assets will cost up to $1 trillion. The president allowed for nearly 9000 earmarks at a total of $7 billion in order to make deals for his future agenda. Cap and trade will likely cost north of $1 trillion. The consolidation of central power in education will cost in the neighborhood of an extra $100 billion yearly. The bank bailouts cost $750 billion. The automakers were given $50 billion, AIG $175 billion, and Citigroup $40 billion. We are just getting started. The reality is that we can't afford the massive power grab the Obama administration wants and that's the angle of attack the Republicans need to take. Most voters don't understand how concepts like "freedom" and "liberty" apply to their daily lives. They do understand when the government recklessly borrows and spends money no one has.
The endless, uncontrolled, and runaway spending is the reality of this power grab. If the Republicans want, they can add some ominous hypotheticals to this reality. For instance, how long before a labor friendly administration decides WalMart is too big to fail and takes it over, installs new management, and forces unionization. Think it can't happen. Well, like I alluded earlier, the government is now taking up legislation to determine all payouts to all employees at any company that takes, or has taken, government money. Money, power, and control all go together. The Democrats have decided to increase all three exponentially, and they have given the Republicans quite a scary story to tell come November 2010.