Free Markets, Free People

Christopher Buckley Also Has Second Thoughts

The scion of conservative legend Bill Buckley seems to have suddenly misplaced his rose colored glasses as well:

The strange thing is that one feels almost unpatriotic, entertaining negative thoughts about Mr. Obama’s grand plan, as if one were indulging in—call it—the audacity of nope. It is on the one hand clear that something must be done about our economic woes. But that is very different from saying that spending these vast, oceanic sums of money is the right corrective to a decade of fiscal incontinence.

One thing is certain, however: Government is getting bigger and will stay bigger. Just remember the apothegm that a government that is big enough to give you everything you want is also big enough to take it all away. And remember what de Tocqueville told us about a bureaucracy that grows so profuse that not even the most original mind can penetrate it.

If this is what the American people want, so be it, but they ought to have no illusions about the perils of this approach. Mr. Obama is proposing among everything else $1 trillion in new entitlements, and entitlement programs never go away, or in the oddly poetic bureaucratic jargon, “sunset.” He is proposing $1.4 trillion in new taxes, an appetite for which was largely was whetted by the shameful excesses of American CEO corporate culture. And finally, he has proposed $5 trillion in new debt, one-half the total accumulated national debt in all US history. All in one fell swoop.

He tells us that all this is going to work because the economy is going to be growing by 3.2 percent a year from now. Do you believe that? Would you take out a loan based on that? And in the three years following, he predicts that our economy will grow by 4 percent a year.

This is nothing if not audacious hope. If he’s right, then looking back, March 2009 will be the dawn of the Age of Stimulation, or whatever elegant phrase Niall Ferguson comes up with. If he turns out to be wrong, then it will look very different, the entrance ramp to the Road to Serfdom, perhaps, and he will reap the whirlwind that follows, along with the rest of us.

Have you ever seen such a mish-mash of contradictory thoughts?

“If this is what the American people want, so be it …”, said the modern day Pilate as he washed his hands of it all.  And then the acknowledgement that these things being passed into law will never go away?

Where was he during the run-up? Eagerly lapping up the kool-aid and projecting his idea of hope and change on the blank screen Obama provided. And now he voices concern? Now he’s not sure about what seems to be planned?

What a fundamentally dishonest guy Chris Buckley is – sell the agenda knowing full well the probable outcome of its implementation and is now saying “well if this is what the American people want, they can’t complain when it takes us all to hell”. If you want to tap into an unlimited source of renewable energy, hook something up to Bill Buckley’s grave. He’s probably spinning so hard he could power NYC.

~McQ

[HT: RWN]

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32 Responses to Christopher Buckley Also Has Second Thoughts

  • Brooks and Buckley should be the subject of continuing scorn.  They have no credibility.    What was so obvious to the “great unwashed” was apparently beyond their ability of reasoning.

    • And Peggy Noonan, and Katherine Parker and other useless idiots.

      The only people cheering Obama on are mindless ideologues like Glasnost and Sarcastic, and nihilists like Pogue.

      • Wow.  A nihilist?

        Websters: a viewpoint that traditional values and beliefs are unfounded and that existence is senseless and useless

        “Existence is senseless and useless”
        That is sooo cool.  I never knew I was knee deep in joe’s philosophy.  It warms and calms me.  Thanks, man.

        I eagerly await your next David Brooks inspired insult.

        Cheers.

  • Laws can be un-done.  Bureaucracies can be ended.  All it takes is the will of the people.   The Obama tax plan isn’t doing too well.  So now we’ll spend, but not pay.  Inflation, anyone? 

    I might be jaded, but it’s getting hard to ignore the rising unemployment and falling markets.  What do you think it will take to sweep the incumbents from office?  Would 20% unemployment do it?  We are a third of the way there.  How about the Dow at 5000?  We’re two thirds of the way there.

    So far, Obama is synonymous with miserable failure.  There’s time left, but this guy is hurting, not helping.  When there is no rebound before the next election, look for the voters to take it out on the incumbents.  Desperate people do desperate things.  These guys might be lucky to only be voted out of office.   

  • the pattern is already there, Bruce.
    I give you Ron Reagan as an example. I’ve spoken at length on him.
    In both cases, what we have is small people trying to wriggle out from under the shadows of their fathers, and that being of greater import to them than the truth of the matter, and the consequences of ignoring that truth.
     

  • What does T. Coddington Van Vorhees VII think of this Obama chap, now?

    • Maybe he’s thinking if this keeps up there won’t be a T. Coddington Van Vorhees VIII.

      • There are a number of medical aids for that now, but if the main mast is upright for more than four hours you should seek professional dockyard help….or call the all female sculling crew over.

    • Apparently the cut of his jib has drooped a bit.

      (Warning: author of this comment is clueless about nautical metaphors. Interpret at your own risk.)

  • “He is proposing $1.4 trillion in new taxes, an appetite for which was largely was whetted by the shameful excesses of American CEO corporate culture.”

    I’ve read that sentence four times and I still can’t figure out what the devil he means.  Shameful excesses of American CEO corporate culture whetted the appetite for higher taxes?  How? 

  • What a douche, sorry but I can’t think of a more polite term.  What in Obama’s past including his meager voting record, lead idiots like this to believe that Obama was going to be a Clinton?  It wasn’t like the information wasn’t out there.  They promoted and voted for a socialist and now their just shocked! that he’s governing like a socialist.  It’s like that parable about the scorpion.

  • I think, wolf, he means that the general public thinks the excessive CEOs deserve to be taxed more as a result of their excesses.  They were asking for it, in other words.

    • Well, ok, but lefties ALWAYS think CEOs, corporations and “the rich” should be taxed more.

      • Well, not the RICH who are going to appointed to administrative positions in the current regime.  Understand when we say “Rich” we mean “Republicans” or anyone not voting Democrat.

  • I think you need to create a new tag for these types of stories……maybe “Useful Idiots”??

    • I prefer the term that someone else came up with “useful mushrooms” 

  • How about “Useful Idiots Who Aren’t Very Good Writers and Wouldn’t Be Making a Dime if It Wasn’t for Their Much More Talented Fathers”? Or UIWAVGWWBMDIWTMMTF?

    ‘Thank You for Smoking’ was mildly funny but extremely shallow…just like the author.

  • Christopher Buckley is not the only one. Here’s Warren Buffet on Inauguration Day, only six weeks ago.
    BROKAW: Is Barack Obama the right commander in chief for the economy?
    BUFFETT: He’s the absolute right commander in chief … that’s another thing the American people seem to do, occasionally, is that we elect people that are right for the times. You know, whether it was Lincoln, Roosevelt.  I would say Obama … you couldn’t have anybody better in charge.
    BROKAW: But why is he right for the times?
    BUFFETT: Well, he’s smart, he’s got the right values, but he also … understands economics very well. He’s cool. He’s analytical. But then, when he gets it all thought through, he’s fast — he can convey to the American people what needs to be done. Not to expect miracles. That it’s gonna take time. But that we’re gonna get to the other end.
    http://www.inman.com/blog/2009/01/20/buffett-obama-best-choice-face-economic-pearl-harbor

  • Buffett is a major disappointment outside his area of expertise and unfortunately people will give him the benefit of the doubt because he’s made so much money.

  • Buffet’s a clown. Didn’t he once claim to pay less taxes than his secretary, but the truth was that he gets no salary but a 7-figure capital gains fee or something?

    I’m gonna add Colin Powell to the mix here as world class clown. So the guy with no military experience who would have sacrificed Iraq to the wolves would make a better C-inC than the Vietnam Vet who lists “the Surge” on his resume? I can’t imagine history will forgive this.

    But you know, Hope and Change is gonna be good, too.

    Breadlines/Tenn Valley Authority ’10

  • I am simply mystified how any so-called conservative or libertarian could possibly have supported Barack Obama.  None of this stuff should come as a surprise.

    I can understand not liking GWB, and not liking McCain, but this idea that Barack Obama was going to be another moderate like Clinton had to be the apex of self-delusion.

  • Buffet is a great, great investor. But he’s never given the slightest indication that he understands the economy. Nor has he ever created anything. He knows how to analyze a company before buying its stock.

    Christopher Buckley is a quasi-dissolute writer. Far more Hollywood than National Review, and if I’m not mistaken he has made his money in New York publishing (his books) and in Hollywood (the movies made from his books or the books optioned thereto). So he knows which side his paycheck is buttered on, and how much accumulation of wealth the old man had to forego keeping that bloody magazine afloat for half a century. He doesn’t want to wind up like that!

    As for Obama, all the lack of judgment he is showing — the frank stupidity, in fact — was sufficiently indicated by the twenty years listening to Jeremiah Wright. Obama’s talent is an ability to talk his way out of his own business while filling his sails with the dedication of the liberal media, a subculture of relentless imbecility.

    Now, what to do for the next three years and eleven months? I say the strategy is to largely ignore Obama for the time being and pour the hot oil down on the Pelosi/Reid Congress. Get rough with them. Get very rough with them.

    • Buffet is a great, great investor. But he’s never given the slightest indication that he understands the economy.

      Boy, I wish I didn’t understand half of what Buffet doesn’t.  Then I might not earn half of what he doesn’t investing.
      That wouldn’t set me up for the 2nd half of my life.

  • Buckley saying maybe Obama is a mistake is like saying maybe you shouldnt play Russian roulette with an automatic.  It is a little bit late to change your mind after you have pulled the trigger.

    • There used to be this Navy Commander that published mishap reports for the stupid things Marines and sailors would injure themselves doing.  Russian roulette with an automatic .45 was actually one of them.  Luckily he was apparently a very poor marksman and only  grazed the back of his head instead of splattering his brains against the bulkhead of the well deck.

  • Buyer’s remorse, anybody?

    I had a chat with a good friend of mine today.  She’s an MD; hubby works for a major software corp. up in the Pacific Northwest.  She didn’t like Bush very much and has always been rather liberal.  Suddenly – to her amazement and chagrin! – she’s discovered that, when TAO and the rest of the democrat filth talk about “the rich” who much be made to “pay their fair share”, they mean HER.  So, she’s seeing her taxes go up, her payments for any Medicare / Medicaid work being slashed (not that Uncle Sugar paid much in the first place), and STILL being expected to spend like a drunken sailor member of Congress to “stimulate” the economy.  The idea that they are paying their mortgage (and houses don’t come cheap up there) PLUS some other loser’s sort of… upsets her.

    The lines are being drawn in the country between those who have the quaint idea that people ought to be able to keep the money they work for and should be held responsible for their own mistakes, and the people who think that it’s perfectly OK to rob Peter to pay Paul in the name of “fairness” and “decency” AND that Paul shouldn’t have to pay for his own mistakes.

    As for Buckley, he’s a typical elitist RINO: more concerned about his rep among the horsey set who affect concern for “the poor” even while they hire armies of accountants to keep from paying taxes (or just “forget” to pay them).  So, he mindlessly cheered for TAO, deluding himself into believing that TAO and the rest of the democrat trash didn’t really mean what they said about taxes and redistribution of wealth.  Like my friend, Buckley has suddenly realized that TAO is coming after HIM, and he doesn’t like it.

    I would weep for him… if I didn’t feel more like kicking his pompous, stupid ass up around his ears.

  • Guys, Buffet just came out saying that economy was going to be horrible for a long time and criticized Obama’s policies.  So another idiot wakes up.  It’s like an obsessive love, everyone imprinted what they wanted to see in this guy and it was very far from reality.

  • “It is on the one hand clear that something must be done about our economic woes. But that is very different from saying that spending these vast, oceanic sums of money is the right corrective to a decade of fiscal incontinence.”

    Gee Chris.  If you were CPT of the TItanic you would have probably said

    “Just because we closed our eyes and hoped the Iceberg would go away doesnt mean that it will”

    You are about 4 months late and just under $4 trillion short.