Thursday, June 25, 2009

Pres Obama's Ultimate Fiscal Policy Target in the Mayan Yr 2012 ~Manufacturing Balance~

It is late 2014, two years have passed since the Mayan prophecy and the 57th U.S. presidential election. The fallout from four years of higher taxation, over regulation, and jaw dropping budget deficits have come home to roost. .A period of fiscal enlightenment enveloped the United States, and in the end it wasn't all bad for President Obama. While the Mayan prophecy failed many scientists who called for end of the world, the motivations behind President Obama's fiscal liberal policies fooled nearly every economist and journalist on earth. In a paradoxical twist, President Obama revealed political motivations that sent shock waves throughout the world, but especially China. Whether you agreed with President Obama's radical fiscal policies from 2009 - 2012 or not, they were responsible for reigning in many positive changes. Fiscal and monetary policies that consistently undermined the greenback caused economic havoc for China's dollar pegged renminbi. This currency issue caused the dominant balance of Chinese manufacturing to change abruptly after 2012. Yet the economic ills that developed as the greenback collapsed from 2010 - 2012 will not be forgotten. Never again will any free-market society run their Deficit to GDP above 10%, or will they... In his 2014 book, President Obama admitted he only wanted one-term to exacerbate China's labor law violations, which haunted America's unions and manufacturing sector. He believed the U.S. private sector had to be burdened with more govt control, higher taxes, higher fees/fines, then higher inflation on consumers in order to spark the collapse of the Chinese renminbi which lead to the Solidarity type labor revolution in China in 2012. Considering the Mayans were prophetic with some kind of change occurring in that their calendar ended in 2012, a few historians awarded them some credit for the Chinese revolution. . Still, the pain from the uber abnormal U.S. budget deficit caused protests in favor of smaller govt across the 50 U.S. states during the 2012 presidential campaign. The concerned U.S. echoes then spread to other nations like no fiscal issue in the past. The landslide U.S. election of 2012 was proof how difficult daily lives became for American consumers. Yet there was a rainbow forming in the distant eastern hemisphere... . The mass media experienced a philosophical awakening, an obvious change in behavior compared to the 2008 campaign coverage. Responsible reporting made crystal clear the pitfalls of bigger govt, more regulations, and higher taxes on success compared to smaller govt, less regulations, and lower taxes on success. For the first time since William F. Buckley, the father of fiscal conservative print media, endorsed Governor Ronald Reagan in 1980, fiscal conservatism was widely accepted, winning over American voters' hearts and minds. . Republican Congressman Paul Ryan of Wisconsin was coached by former Speaker of the House Newt Gingrich as well as Congressman Ron Paul. Congressman Paul Ryan dismissed all presidential candidates on his way to a shattering win for free-market capitalism. The landslide win was similar in fashion, look, and feel to President Ronald Reagan's win over Jimmy Carter in 1980: 489 electoral votes to 49. Looking back, here's a balanced look at former Congressman Ryan courtesy of MSNBC's "Morning Joe", with hosts Joe Scarborough and Mika Brzezinski in 2009: http://www.youtube.com/watch?v=LBSB-hwuYSc . From North to South Pole, Asia to the Americas, the Mayan riddle of 2012 was solved. 2012 was a new beginning for U.S. manufacturing and improved human rights/labor laws/pay for the people of China. A fundamental understanding resonated that private risk taking must never again be choked off by any future U.S. Administration. Nonetheless, the hard working people of China were grateful to President Obama in the end. They believed it was his fiscal policies that caused what they felt was inevitable, a revolt against slave wages. While most in U.S. hailed that not one U.S. soldier needed to be deployed, the short-term economic trauma was not easily forgivable as it still stung. . The United States Constitution and Declaration of Independence were read and became very popular in academic and media circles. Educators and journalists embraced the ideologies in these two hundred year old plus documents like never before. High school and college students exhibited a greater appreciation for the texts. This broad movement of enlightenment lead to the creation of the 28th Amendment, which put a percentage limit on the ability of any Administration to raise the budget deficit, unless related to 1) national defense spending in war time 2) natural disasters 3) health pandemics . The sea change in the U.S. toward fiscal conservatism spread to the world's leading economies. A belief that free societies are better off with less govt intrusion in private enterprise struck a major chord, and true free-market green shoots began sprouting in every corner of the world. . We recall President Obama's persistence of clouding the public-private sector lines beginning in 2009, along with the two and a half trillion dollar budget deficit at the end of 2012. The budget deficit was his undoing as the Administration's GDP growth estimate of 3.5% failed to break above 1.6% for any calendar year from 2009 - 2012. Although unemployment steadied at 11.5% in 2011, it was smoothed by a greater quantity of government jobs. . The media became electrified by the financial fiasco printing more and more money caused. Yet the people of China held President Obama in highest regard when the dust settled after 2012, please read on... . Like the end of a Columbo mystery, President Obama took full credit in his 2014 book by stressing his 2008 campaign slogan 'Change We Can Believe In' was in fact a maniacal fiscal plan for America's long-term success by breaking the pegged Chinese currency, creating a more level manufacturing playing field. He believed it was necessary to jolt the economic cost of manufacturing goods as well as the human rights component of labor in China. Philosophically parallel to his idol President Abraham Lincoln. Lincoln's conservative policies jarred the social injustices of slavery in the U.S. while Obama's liberal policies indirectly jarred the social injustices of wage slavery in China. President Obama's hidden agenda of igniting a Chinese labor revolution empowered a new class of Chinese at the expense of extreme short-term U.S. suffrage. Yet 2012 extincted fiscal liberal budget deficit spending policies unless specified in 28th Amendment, which was signed into law by President Paul Ryan on March 17, 2013. . Even highly regarded fiscal conservatives like Newt Gingrich were silenced as President Obama explained away his unorthodox leadership style as the manufacturing cost paradigm equalized after his one-term. What the classic American fiscal conservatives like William F. Buckley, Milton Friedman, and President Ronald Reagan would think is unknown, yet many think they would have accepted 4 years of economic Armageddon in order for Chinese manufacturing cost structure and positive social change to occur. Hence, maybe the economic malaise President Obama created was necessary for Americans to value and hold forever dear the wisdom's in the Founding Fathers' documents. And hundreds of millions of Chinese developed voracious appetites for reading about the 20th century American labor movement. Ironically, "The Jungle", written by a socialist journalist named Upton Sinclair sold more copies in China in 2012 than everywhere in the world since its first printing in 1906. . Democratic cronies: Pelosi, Reid, Boxer, Kerry, Waxman and others were caught off guard when President Obama's motivations for weakening the greenback were revealed in his 2014 book. The 2012 Mayan riddle can be explained as a 180-degree shift from crashing the most successful model of capitalism into a centralized bureaucratic wall, all for the sake of changing wage slavery in China and reviving U.S. manufacturing. Maniacal fiscal genius perhaps. Yet the bell for empowering citizens and states tolled loudly in 2012 as a result of the budget deficit and what seemed to be fiscal control freak isms signed into law by President Obama. Yet his one-term goals were not revealed during the 2012 presidential campaign, nor were the pro free-market macro effects of rising manufacturing costs in China felt until mid 2014. So everyone who voted for Change in 2008 was vindicated by 2014, yet they flipped their votes against President Obama in 2012 due to the domestic economic frost that seemed too thick and permanent. Congressman Paul Ryan was sworn in before a crowd 2X larger than President Obama's 1.4M in the Mall and 400K in the streets. Chants of "Stop Bigger Govt Control", "Stop the Spending Madness", "States Rights Matter", and other slogans dominated the D.C. and Northern Virginia landscape. During the 2012 campaign, Milton Friedman's fiscal conservative principles crystallized with most American voters. ... The power of mass media worked against President Obama as consumers voted for a stronger greenback and for smaller govt. Yet the manufacturing cost pendulum was about to swing violently in the U.S.'s favor as new Chinese labor laws were just being inked. . Even though the Chinese middle class flourished after the 2012 labor revolution, four years of U.S. over regulation and over taxation paved the way for deregulation and divorsification in the U.S. with the arrival of President Paul Ryan. Private sector bankruptcies came back and were embraced as the norm. The action of govt co mingling in private sectors fell completely out of favor. Sectors that never needed TARP, like technology and bio tech, were rewarded higher multiples. While companies that accepted TARP and failed to pay it back suffered a whiplash devaluation effect, based on understanding that public and private sectors should remain as separate as Church and State. . The beauty of winners and losers, success and failure, fear and greed, booms and busts, all made stunning comebacks. These key components were once again respected from coast to coast and border to border as monumental for attaining economic equilibrium and the most important generator of capitalism, private sector growth. Regardless of the short-term pains some risk takers suffer, there can never be any future reward of GROWTH without them. Americans rejoiced and welcomed in the most important part of the free-market equation, a dog eat dog environment of Darwinian capitalism with big brother not competing on the field of play. . The spending and controlling govt the Obama Administration carved out fell out of favor. Fiscal conservative journalists like Charles Krauthammer connected with the largest following ever. Govt was forced to shrink in size and taxes on businesses and individuals were eliminated for several months after President Paul Ryan was sworn in. Very few understood or believed the positive consequences the Chinese labor revolution was about to create for U.S. manufacturing. . Unloved fossil fuel sectors were in vogue again, as drilling for oil and mining for coal became normal and rational. Venture capital money flowed from every corner of the world to these once dirty projects. Older familiar places as Silicon Valley, CA, Raleigh Durham, NC, and the Great Wall Street. Corporate R&D spending replaced budget deficits, unleashing tremendously positive psychology and a Pudzianowski type economic growth muscles only dreamed of by fiscal conservatives like: William F. Buckley, Milton Friedman, Newt Gingrich, Larry Kudlow, Arthur Laffer, Ron Paul, and President Ronald Reagan. . Still, the lesson from attempting to centralize the most powerful economy on planet earth was explained by Newton's theory on motion: "For every action, there is an equal and opposite reaction". And now the Chinese stood on the verge of a burgeoning middle class. . As a result of Obama's fiscal policies, Thomas Jefferson's quotes from the Independence Days of 1776 spread through the TV and Internet on a scale 10X greater than any campaign video in '08. Here were two timeless Jeffersonian wisdom's that resonated with many American voters: "My reading of history convinces me that most bad government results from too much government." "I predict future happiness for Americans if they can prevent the government from wasting the labors of the people under the pretense of taking care of them." . President Obama took credit for swinging the fiscal pendulum violently enough to cause the revolution in China by collapsing the greenback and thus breaking the Chinese export economy from 2009 - 2012. After the Chinese labor revolution, U.S. and European goods were finally able to compete, and the inhumane wages that plagued the Chinese people were eliminated. So perhaps it was Obama's hell bent fiscal liberal genius that opened Pandora's Box of ultimate 'Change' if you believe his motivations outlined in his 2014 book. He did preface '08 speeches with: "It will take time, these problems will not go away overnight'. President Obama went down as one of the most influential one-term presidents since his idol President Abraham Lincoln. Lincoln is credited with abolishing U.S. slavery, and Obama is credited with indirectly abolishing Chinese wage slavery. Some argue Obama's bigger govt policies forced an intellectual enlightenment and consumers in the U.S. to become stir crazy for free-market capitalism. Emotions and visuals were of little importance as Americans stepped into voting booths in 2012, they were mad and their votes proved it. The end of the world some scientists warned the Mayan calendar predicted actually birthed manufacturing jobs, and an appreciation for smaller govt. Perhaps Obama's policies set the stage for colossal fiscal and social shifts to occur, sending the S&P to nearly 2,500 in late 2014. No wonder Pimco's El-Erian, in a June 7, 2009 CNBC special called "Meeting of the Minds", admitted "I voted for President Obama and would vote for him again today". Even though El-Erian ended up being right, we're almost certain President Obama's end-game fiscal agenda head faked El-Erian as well. . President Obama defended his harsh policies as purposeful and claimed they were designed with pro capitalism forward-looking goals. Perhaps it all makes good sense, because just days after being sworn in, the Administration's fiscal policy target had been exposed: http://www.ft.com/cms/s/0/54030466-e8a3-11dd-a4d0-0000779fd2ac.html?nclick_check=1 Through legislation that consistently pressured and devalued the greenback, U.S. manufacturing jobs made a comeback, after 2012, as Chinese goods increased in price due to the double blow of a falling dollar and a labor revolution that raised wages in China. And the social victory the Chinese people scored was of tremendous historical significance as it ironically happened under the watch of the first African American president. Perhaps President Obama's fiscal liberal genius to end Chinese wage slavery was parallel to President Lincoln's social conservative genius to end U.S. slavery. .Both of these positive changes demanded opposing liberal and conservative forces to evolve, thus our respect for the eventual perfect balance in political forces, be they fiscal or social. .And so it goes and so it was, the lost Mayan civilization could not have selected a more interesting cycle than 2012 by sheer coincidence. The Psychology of the Call team hopes you enjoyed this fictional/futuristic piece. A great day and healthy summer is wished to all forward-thinkers. http://psychologyofthecall.blogspot.com/

12 comments:

Anonymous said...

Wow, always believed Obama had a hidden agenda.
Good forward look.

Anonymous said...

Excellent insights. Incredibly well written.
Avi

Anonymous said...

ok, just got the yin-yang image, duh!!
nicely done...
J.P.

Anonymous said...

The dates make much better sense now.
Amy and Steve Prentice

Anonymous said...

Is just coincidental? Geithner shook fist at China and Obama hired him a few weeks later?
Chinese people laughed at Geithner in June I think. Maybe they know what is happening with Yuan and dollar? Labor revolution in China I agree with.
S. Park

Anonymous said...

I do think Geithner and Obama are planning something for China. I see renminbi falling and maybe revolution soon. Chinese banking system is 10X more insolvent than U.S. was 2 yrs ago imo.
Kafka

Anonymous said...

The Chinese are definitely manipulating their currency, but so is everyone else. Since the dollar is being broken down, the Chinese will suffer most. Unionization in China is an interesting concept. Suddenly the balance of manufacturing shifts America's way. Possible.
Dan in San Francisco

Anonymous said...

Unions in China??? Maybe that EFCA you were crying abt so loudly ain't that bad???
J.K.

Anonymous said...

If China unionizes, it's game on for U.S. manufacturing. Very nicely done.
Avril and Todd

Anonymous said...

Great Blog!
Sing all ya want....
Pray...
But when it's all said and done We the people are gonna have to get with it!
http://www.wethepeoplefoundation.org/UPDATE/Update2009-05-25.htm

POTC said...

Agree 100% partner. That is exactly why the last posting on the blog was written. It is meant to be profoundly deep, dynamic, positive, and forward-looking.

Anonymous said...

Excellently written.
JJF