Under President Obama, Nancy Pelosi, and Harry Reid, accumulated federal debt will go from about 36% of GDP to as much as 70% of GDP or more, depending on whose numbers you follow.
The annual federal deficit will increase from approximately 4.5% of GDP to as much as 15% of GDP - potentially even more if Democrats continue to find ways to spend money.
Federal government control of our national economy (government owned or controlling interest in business and industry), because of how the 'bailout' funding is being used, will skyrocket to 44%, including control of our financial centers, our construction industry, healthcare and manufacturing. If it moves money or is heavily unionized, chances are the federal government will have a substantial or controlling interest in it.
Welcome to the United Socialist Republic of America.
I applaud the Republicans for trying to get the word out about the egregious examples of pork and pet project funding that went into the newly passed spending package - this is no bailout or stimulus, but rather a laundry list of Democrat spending priorities geared toward increasing union power, promoting their social engineering agenda and stengthening the influence (and campaign fundraising power) of their other constituencies. I'm glad that Republicans stood together and voted against the bill as a group rather than peeling off on their own.
It's not nearly enough.
First, we have very few media outlets that are even willing to cover the Republican side of the issue, much less cover it in a substantial and objective manner.
Second, we don't have even close to the voting strength we would need to either block legislation on our own, or even enough to influence the remaining centrist Democrats to vote with us on key issues. They are far more concerned about staying in the good graces of their party's leaders right now.
Third, the man occupying the White House right now is showing that he's more than happy to be a bully if it suits him, smugly telling Republicans that, "I won" and that we can't listen to Rush Limbaugh and expect to get anything done - and he has the enforcers in both houses of Congress to back him up. In other words, he's got the executive power, he's got the voting numbers, he's got the adoration of the media, and he intends to use it to remake the world in his image.
We are real trouble, folks. Now, I know that every time Democrats control either the White House or the Congress, we wring our hands and lament about the impending doom that could result from their influence. I know that every election is a historic election. I know that there are always people predicting the end of the world as we know it regardless of what's really happening. But this time, with this convergence of circumstances, cultural influences and power players, I believe we could honestly witness the end of the kind of America we know and love. We are looking at moving toward adopting governmental and financial models similar to Germany and France - countries the liberals adore, but that we have no interest in emulating. If we go that route, we will sink to their level, and the dream of America as we know it - the land of freedom and opportunity - will be lost, possibly for good.
What are we going to do about it?