Conservatism on the Rise

By Marion Algier – Ask Marion

Just hours after the latest temporary Washington ‘can kicking’ settlement of our budget and debt negotiations, ending the shutdown and averting the most recent contrived Obama administration crisis, the President took the opportunity to scold congressional Republicans on Thursday, stating that Americans are completely fed-up with Washington… as if it does not include him!  But then he called on his opponents to help repair the economic damage… caused by this administration’s endless spending and crisis type management-style. Yet to hear Obama and the Progressive Democrats on the Hill, it is somehow all the Republican’s doing, a scenario that is becoming tougher and tougher to sell!

The New York Post:  Top Obama adviser Valerie Jarrett -- dubbed "The Night Stalker" by some staff because of her close ties to the First Family -- has been called the "architect" of the recent government shutdown showdown, claims author Edward Klein.

President Obama’s top adviser Valerie Jarrett was behind a plan to force a showdown with Republicans over ObamaCare as part of a strategy to regain Democratic control of the House next year, claims author Ed Klein.

Klein — who wrote a provocative biography about Obama last year entitled “The Amateur (Kindle)” — said White House insiders refer to Jarrett as “The Night Stalker” because she is the only presidential aide who frequently spends time in the family quarters and dines with the Obamas.

Klein, who is conducting a research for a new Obama tome scheduled for next spring, called Jarrett the “architect” of Obama’s take-no- prisoners approach when it comes to his signature domestic policy initiative.

It was Jarrett who advised Obama that voters would mostly blame Republicans if the federal government ground to a halt, providing a golden opportunity to swing back control of the House to Democrats in the 2014 mid-term elections, according to Klein.

A Democratic House would give Obama an opportunity to pass immigration and other legislation blocked by the current Republican majority.

“It was during one of those nightly sessions that Jarrett devised the no-negotiating strategy that Obama has employed in his fight with the GOP over the government shutdown,” Klein said, citing sources within the administration.

“Valerie came up with the concept late at night, after the kids and grandma and were gone.”

“She convinced the president that a government shutdown and default offered a great opportunity to demonize the Republicans and help the Democrats win back a majority in the House of Representatives in 2014 .

. . Valerie also came with the idea of using the words `hostage’, and `ransom,’ and `terrorists’ against the Republicans,’” Klein said.

Jarrett, who like the Obamas hails from Chicago, has deep ties to the president, First Lady Michelle and the extended family.

“Everyone in the Beltway knew Valerie Jarrett was influential. They didn’t know how influential she was,” said Klein, who interviewed more than a half dozen White House and former presidential advisers about the shutdown strategy.

“Her power derived from one simple fact — proximity, No one except Michelle Obama is closer to the president than Valerie,” Klein quoted Democratic power broker Vernon Jordan as saying. Jordan’s wife is a cousin of Jarrett.

Jarrett is the one who advised Obama “do not cooperate one iota on ObamaCare. Don’t given an inch. Let the Republicans stew in their own juice,“ Klein said.

“The Republicans walked into a trap set up by Valerie Jarrett and President Obama, The Republicans are in an untenable position,” he added.

Klein said Jarrett is the conscience of the administration, “the keeper of the flame” who reminds Obama why he wanted to become president.  (Some would say that Jarrett is the defacto president…)

“The government shutdown is about protecting ObamaCare, yes. But it’s much larger than that. It’s about the 2014 House elections,” said Klein.

The White House had no immediate comment.

Governor Sarah Palin joined Megyn Kelly later in the day on Thursday to say that conservatism is on the rise and more energized than ever:

Video: Gov. Palin joins Megyn Kelly on the Kelly File 10-17-2013

Klein is correct in his assertion that it is all about the 2014 Election and everyone on both sides realizes that 2014 could be the last stand election for conservative principles and will definitely lay the groundwork for 2016, so Palin is correct when she says that conservatives are energized.  This is the moment in time for Americans to choose and take action. And regardless of the negative spin being promoted by the White House, many Americans took a deeper look at what was really going on in Washington because of the efforts of conservatives like Senators Ted Cruz, Mike Lee, Marco Rubio, and Rand Paul, Governor Sarah Palin and the tea party coalition in the House. Surprise analysis also shows that all 50 states are actually shifting toward conservatism?!?

Governor Palin is freshly off a campaign swing for Steve Lonegan, followed by a swing through Washington D.C. to support the veterans who had been blocked from the memorials during the shutdown. Lonegan lost to Democrat Cory Booker on Wednesday, to fill the vacated Senate seat in New Jersey, but at a closer glance, it really was a victory for conservatism. 

Democrats outnumber Republicans 7 to 1 in voter registration in the State of New Jersey and about a month ago polls showed Booker beating Lonegan by 35%.  After some help by Sarah Palin who was joined by some friends like Mark Levin, Booker won by only 10%, an amazing turn around in a state where Dems outnumber Republicans 7 to 1 during the shutdown when the Obamabots in the mainstream media were hammering the American people with mistruths, distortions, name-calling and down right lies about the GOP and conservatives in general, especially tea party types. 

Palin has been dubbed the Kingmaker by people like Ted Cruz and others that she has helped bring to victory or close in situations like Lonegan’s, and the Palin effect seems to be continuing.  Another fact to consider is that only around 1.3 million people went to the polls out of 5.5 million registered voters in New Jersey, a turnout of roughly 24% — the lowest for a state election in New Jersey since 1924, a fact that should worry the Democrats.

What is the old saying?:  You can fool some of the people some of the time, but you can’t fool all of the people all of the time… and as the ugliness and truth of ObamaCare unfolds, there may be a lot less people buying what Obama, Jarrett and the Progressives are selling!

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Insider: Obama Plans to 'Kill' U.S. Dollar

Video:  Insider: Obama Plans to 'Kill' U.S. Dollar

Related:

ALERT: YOUR BANK DEPOSITORS RIGHTS HAVE BEEN STOLEN AWAY LEGALLY BY A SIMPLE WORD CHANGE  -  Please check this out and get it public. People need to know, their money is no longer safe in any way shape or form! -  http://www.fdic.gov/about/srac/2012/gsifi.pdf

Video:  Santelli to Liesman: 'Let's Put the Sickle on It!'

AMERICA’S FUTURE… WHERE DO WE GO NOW… HOW TO WIN THE BATTLE… AND WHAT WE ARE FIGHTING

The goal is a world currency by 2018. The currency probably will be called "The Phoenix"

Thanks, World Reserve Currency, But No Thanks: Australia And China To Enable Direct Currency Convertibility – Without US Dollar intermediation

Video: New World Order Gun Grabbing Hypocrites

George Soros: Japanese Policy Dangerous, Yen Could Collapse 

George Soros was on CNBC tonight for a rare interview. George Soros mostly spoke about Japan and the BOJ’s new aggressive pro inflation policy. The interview took place at the Institute for New Economic Thinking in Hong Kong. He thinks Japan should have acted long ago to fight deflation while Europe is now making many of the mistakes Japan made 20-25 years ago. Some key points:

What Japan is doing is a sensation. Prime Minister Shinzo Abe broke some of the rules of monetary policy. its a very daring undertaking

European austerity program is actually leading the eurozone into exactly same policy Japan is now trying to escape after 25 years

George Soros noted that the total amount of quantitative easing  underway in the Japan is the same as America. However, Japan is only one third the size of the USA. Therefore, the QE in Japan is three times as large as the Fed’s QE in the US.

What Japan is doing is actually quite dangerous…They may not be able to stop it. “If the Japanese yen starts to fall in value and the people of Japan lose faith and don’t want to invest their money in the Yen, they may put their money abroad, which could cause the Yen’s fall to become an avalanche.

When asked about reports that Soros has made a billion by shorting the Japanese Yen, Soros responded ”I think the Bank of Japan is eager to have people do that.”

George Soros says Myanmar is on the right track. It’s a good investment and they need it.

Regarding China, Soros thinks the country probably has the most dynamic market in the world. However, the country has to change it’s growth model, deflate its property bubble.

Related Reading:

Fabian Socialist H. G. Wells wrote the book The New World Order (1939)

New World Order: The Rise of Techno-Feudalism

The Road To Socialism and The New World Order

Technorati Tags: U.S. Dollar,dollar,convertability,World Reserve Currencny,manipulation of the public,world currency,global currency,NWO,New Economic World Order,the plan,banksters,Jeb Bush,smoke and mirrors,George Soros,International bankers,global elites,wake-up America,stand-up America,China,Austrialia,ruling elite,sheeple. destroying America,fundamental transformation of America,economic collapse,you be the judge,crisis,chaos.

Wow… They Did It To Us Again!

I don’t know whether to laugh or to cry, to organize anew or to scream, or even to go on fighting or just to throw in the towel…  That is how I feel right now anyway.  By tomorrow I’ll be ready to regroup and charge forward, but today I’m a bit in shock!

Just as Vice President Biden, supposedly VP of all Americans, barely got the words ‘Teaparty Terrorists’ out, we are already being hit by the fallout of the hidden contents and proceedings being leaked and found in the “Grand Compromise” debt bill that President Obama just signed into law hours ago.  Another unread bill.

Only 18-months ago the Obama Administration and the Progressive Left duped, bullied and manipulated us all into ObamaCare, and we are still absorbing and fighting the ugly reality of what all was hidden in that bill. Yet with that memory still fresh, we allowed them to do it to us again.  Obama refused to put out a plan of his own, manipulated the situation, and used the Cloward and Piven Strategy along with the Saul Alinsky’s Rules for Radicals to create another crisis, make the GOP (especially tea party supporters) look like the bad guys and got what he wanted… including a lot more power.  And the right satisfied themselves with the notion that they had won because the conversation in Washington changed and they were promised a committee to study a Balanced Budget Amendment.  Funny how they can run up soon to be $17Trillion in debt without a committee, but voting on a Balanced Budget Amendment requires one.

We were had again!!  And it is becoming more and more evident that the real terrorists are the people we elect, in both parties!  This entire debt crisis and debate over raising the debt ceiling was a Trojan Horse.

Since the bill was signed this afternoon we have already found out the following:

Before even signing the bill, Obama was already talking about tax increases and tax code reform for the wealthy and corporations.  I wonder if there will be waivers for those who support his re-election through fundraisers, similar to ObamaCare waivers, for supporters and attendees of events like Obama’s combo 5oth B-day party fundraiser?   The Business Insider who just wrote about this subject now warns that they were wrong and the biggest middle class tax increase in history will come in five months, and a tax increase for the top 2% of earners (the job creators) is coming as well, for Obama already said he would let the Bush tax cuts expire.  In fact the revenues from those tax cuts expiring is already factored into this final “Grand Compromise” bill.

Plus, Harry Reid has said the Super Committee will have up or down voting powers of far more than the debt issues and economics.  One of their first agendas is gun control!

Congressman and GOP Presidential Candidate Ron Paul warns that the all-powerful new “Super Congress” created by the vote on the debt ceiling will be used to fast-track tax increases while concentrating more power over the nation’s purse strings in the hands of the Washington elite.

The fact that the establishment of a body which threatens to completely re-write over 200 years worth of constitutionally-based legislative practice has sailed through with barely a whimper of debate from politicians or the mainstream media is a damning indictment of how the Obama administration’s penchant for executive autonomy has aggressively seized control of the political process.

This is appalling, but it shouldn't surprise anyone with the track record they have.  This bill is unconstitutional… so the question is… if  identified as such because of the Super Congress, can it be null and void?

Video: Unconstitutional Super Congress Slipped Into Debt Ceiling Deal - Judge Napolitano Explains

In this same document Illegals Get $20 Billion in Pell Grants (How did that happen?):

SEC. 501. FEDERAL PELL GRANTS.
Section 401(b)(7)(A)(iv) of the Higher Education Act of 1965 (20 U.S.C. 1070a(b)(7)(A)(iv)) is amended--
(1) in subclause (II), by striking `$3,183,000,000' and inserting `$13,183,000,000'; and
(2) in subclause (III), by striking `$0' and inserting `$7,000,000,000'.
Little things mean a lot... $20 billion slipped in this bill just for Pell Grants... illegals get an early Christmas.

Ya just can't make this stuff up!

And I know there are those of you out there thinking… well, there are going to be 12 members of that Super Committee - 3 Republicans from the Senate and 3 Dems from the Senate as well as 3 Dems from the House and 3 Republicans from the House , so there will certainly be a balance of voices and opinions.  Well not so fast…

From the Daily Standard:

The debt ceiling deal will pass the Senate early this afternoon. No suspense there. But the vote will be worth watching for another reason: Three Republican Senate sources tell TWS that senators who vote against the deal will be ineligible to serve on the so-called “super-committee” for deficit reduction that the legislation creates.

While there’s certain logic to such a policy, it could be self-defeating. Excluding those who vote against the debt deal will ensure that some of the most fiscally conservative members of the Senate Republican caucus, including most of its freshmen, will be reading about the committee’s activities in the newspaper rather than guiding its decisions. Among those who have already declared their opposition to the deal: libertarian-leaning senators Mike Lee and Rand Paul (who appeared on Glenn Beck’s radio show this week and talked about the CNN Ambush and the Weimar Republic coming here); Jim DeMint, the aggressive fiscal hawk from South Carolina; conservative reformers Ron Johnson from Wisconsin and Pat Toomey from Pennsylvania; the ranking member on the Senate Budget Committee, Jeff Sessions; and Florida’s  Marco Rubio, already one of the highest-profile conservatives in Congress. More worrisome for conservatives, however, is that private whip counts in the Senate found that some 20 Republicans expressed support for the proposals that came out of the Gang of Six. And while many of the components of that plan have merit as individual policy proposals, the package involves compromises on taxes anathema to most conservatives. Picking a Gang of Six member – or supporter – would further antagonize conservatives skeptical of the debt ceiling deal.

There’s the problem. If, say, a dozen of the strongest fiscal conservatives vote against the deal, the pool of Republicans that can be expected to hold the line on taxes shrinks very quickly. And if a key Republican objective for the committee is to block tax increases, the exclusion of these strong fiscal conservatives makes meeting that goal more difficult.

Mitch McConnell, who will make the selections, isn’t worried. He told Fox News Channel’s Neil Cavuto yesterday that the likelihood of tax hikes coming out of the committee is “pretty low.”

“What I can pretty certainly say to the American people, the chances of any kind of tax increase passing with this, with the appointees of John Boehner and I, are going to put in there are pretty low,” said McConnell. He added: “I’m comfortable we aren’t going to raise taxes coming out of this joint committee.”

UPDATE: McConnell spokesman Don Stewart says all senators will be considered. "No one is stronger in his opposition to tax hikes than Sen. McConnell. He will have serious discussions with all those who are interested in serving prior to making any appointments."  But we shall see if this really changes…  I personally wouldn’t put my eggs in McConnell’s basket!

The only good thing we’ve heard today is the Fitch and Moodys have agreed to allow us to retain our AAA credit rating at least for now.  But they have put us on a kind of probationary status until after the “Super Committee” has been chosen and they see what type of action they take to resolve the debt crisis.  So let us be very clear… our AAA credit rating could very will still be downgraded!  S&P on the other hand has not yet announced and a downgrade seems almost baked in because of the stand they took on a minimum of $4Trillion in cuts needed in the compromise bill to avoid it.  A downgrade to AA+ is expected from S&P say most experts.  Maybe the members of Congress should have looked a bit harder at Senator Tom Coburn’s letter:  9,000,000,000,000 Ways to Balance the Budget.  (Seems our Federal Reserve Chief Bernanke had a bit to say about the U.S. Economy too!)

And, lost in the endless drama of the debt-ceiling negotiations, but last week, the Republicans in charge of the House of Representatives launched an unprecedented attack on the U.S.'s environmental regulations. GOP Representatives added rider after rider to the 2012 spending bill for the Environmental Protection Agency and the Interior Department, tacking on amendments that would essentially prevent those agencies — charged with protecting America's air, water and wildlife — from continuing their chokehold on energy production in the U.S..

Among the riders or last week were:

• A rider that would prevent the EPA from issuing any regulations on greenhouse-gas emissions over the next year — despite the fact that the Supreme Court has ruled the agency has the responsibility to regulate those emissions as a public-health threat under the Clean Air Act.

• A rider that would stop the EPA from carrying out tough new automobile-fuel-efficiency standards that were announced last week — standards that have the support of all the major automakers, however we are not sure how voluntary that support was.

• A rider that would prevent the EPA from labeling the toxic ash left over from coal combustion as hazardous waste — something that could alarm the people of Kingston, Tenn., buried by a coal-ash spill in 2008?

However, the Democrats are still in charge of the Senate, so we don’t know if any of these riders made it to the final EPA-Interior spending bill. The left feels that these demands were less about actual policy than about making a political point.  Guess we will have to see how much of their point remained in the bill to be made?!?  I wouldn’t look too hard to find them! (See The Time’s inside the Republican war on the EPA… or perhaps it could be called the Republican pro-American jobs and energy war?)

August 2, 1934

"With the death of German President Paul von Hindenburg, Chancellor Adolf Hitler becomes absolute dictator of Germany under the title of Fuhrer, or "Leader." The German army took an oath of allegiance to its new commander-in-chief, and the last remnants of Germany's democratic government were dismantled to make way for Hitler's Third Reich. The Fuhrer assured his people that the Third Reich would last for a thousand years, but Nazi Germany collapsed just 11 years later."

Are we seeing the beginning of our ‘Reich’ now?  Read more Here.  Remember, just like Obama told us and wrote about his plan to fundamentally transform America, Hitler wrote Mein Kampf (Official Nazi Translation), explaining his plan… and nobody listened either.  But that is the elephant in the room that nobody wants to talk about or take on.

Right after Obama was elected, Pat Buchanan wrote a piece called the Weimar Solution and people ridiculed him, as they did Glenn Beck when he warned us what was coming.  Somehow it doesn’t seem as funny now!

Lyndon LaRouche:  “Obama to Become ‘Fuhrer’ After Debt Ceiling Vote”  Is he right?

I am sure there will be a lot more to come and I will be doing updates… but wanted to get something out.  Nobody has an actual copy of the bill yet, that I know of.

I will hope and pray that what tea party “ideal” supporter Marco Rubio says and believes will be the ultimate outcome… continued honest debate:  Rubio:  “This Debate Will Continue” but I would advise you all to consider and prepare for Alex Jones and Lyndon LaRouche’s predictions.  As Glenn Beck has said many times, “I’d rather be prepared and be wrong… and would be glad to admit it than have been right and not prepared or shared my thoughts with others, so they could prepare!”

Since yesterday the reports of huge food orders by the government through FEMA, mass troop movements across the country and concern about the Super Committee being able to make decisions to vote up or down on without filibusters, amendments or even much debate on a full gamut of topics including gun control… or gun confiscation is frightening and has filled the blogosphere with comments by people in the know like Judge Andrew Napolitano, Senator Rand Paul, Congressman and GOP Candidate Ron Paul to name just a few… yet the mainstream media has been virtually silent… again.  There comes a time when we all must wonder, question and stand or we will be held accountable for the results of our inaction if we didn’t.

When I heard about the powerful Super Committee, a Super Congress, basically only accountable to Obama… the vision of the 2008 Obamessiah, as so many of his followers saw him, with 12-disciples flashed in my head.  Someone will surely come up with that visual once the 12 are chosen.  (Harry Reid, John Boehner, Mitch McConnell and Nancy Pelosi will each choose 3 members of the committee).

Prayers up my friends!

Ask Marion~  -  Last updated on on August 3, 2011 at 5:15p.m.ET

Doomsday? China claims U.S. already in default

The faces of stock traders tell the story that big trouble is brewing.

(Photo by Scott Olson/Getty Images

As a means of stirring up political opposition to the intention of Congressional conservatives to refuse to raise the debt ceiling, the Obama Administration, Congressional Democrats, and liberals in general have warned that if we do not raise the debt limit the U.S. will 'default on its obligations to its lenders.' Apparently that warning was highly misplaced. One of America's largest creditor nations, China, is claiming today that the U.S. is already defaulting on its loans. Is this the doomsday many have warned about for at least 3 years?

The Obama Administration has pursued a policy of deliberately devaluing the dollar and spending the nation into oblivion with money that is borrowed. Many astute political observers, including this writer, have warned incessantly that such a policy would ultimately lead to economic collapse. The more the Administration spends borrowed money without restraint, the more likely it is that the nation will default, given that it has no money to pay its creditors and its creditors are becoming more convinced by the day that they cannot lend America any more money.

Without the luxury of continuing to borrow money, the vast majority of America's obligations to senior adults and the disabled poor will go unfunded. This will lead to widespread suffering on a scale never before experienced in the United States of America.

Not surprisingly, the stock market plunged again today in response to such news, dipping below 12,000 for the first time in months. Today's plunge represents the worst sustained decline in stocks since 2002, just after the 9/11 attacks.

What does this mean for the average citizen on the street?

t means inflation will necessarily skyrocket. This has already happened in the food and energy sectors, but the government conveniently does not count these two items in its inflation numbers. Further, look for food shortages, energy shortages, and continued skyrocketing costs. Electricity rates will be raised to historic levels, in keeping with a statement Obama made in 2007, "Under my plan, energy costs will necessarily skyrocket."

The nation can also look for civil unrest as citizens grow increasingly outraged that their government has deliberately pursued policies that have brought the nation to the brink of ruin. Even James Carville, former Bill Clinton advisor, confirmed that such a scenario is not mere speculation or fear-mongering but a distinct possibility.

What can the government do to reverse this march into the abyss? Stop spending money. Cut the budget drastically. Don't borrow any more money. The government must live off of only what it takes in from the citizens in the current tax structure. And taxes must not be raised in any shape, form, or fashion. That would merely throw dirt on the grave.

In addition, the nation must lower the tax rate for business, making this country the most business-friendly nation on earth. Only the private sector can get the economy moving again, and a friendly and non-oppressive tax structure would do the trick in getting businesses to invest and hire workers.

Be sure to catch my blog at The Liberty Sphere. Visit my ministry site at Martin Christian Ministries.

Source: Examiner.com

• China ratings house says US defaulting: report

 

German Rating Agency Feri Downgrades US Government Bonds: AAA to AA!

The first Western downgrade of US government bonds is a fact! The German credit rating agency Feri lowered its rating on US debt by a full notch, from AAA to AA.

Here is the German press release: Feri Downgrades US Gov Debt AAA to AA

The English translation:

Homburg, 8 June 2011 - The Bad Homburg Feri EuroRating & Research AG downgraded the first credit rating agency's credit rating for the United States from AAA to AA. Feri analysts justify the downgrade by the continuing deterioration of the creditworthiness of the country due to high public debt, inadequate fiscal measures, and weaker growth prospects.

"The U.S. government has fought the effects of the financial market crisis primarily by an increase in government debt. We do not see that there is sufficient attention being paid to other measures, "said Dr. Tobias Schmidt, CEO of Feri Rating & Research AG. "Our rating system shows a deterioration in economic health, so the downgrading of the credit ratings of U.S. is warranted."

For the third consecutive year the deficit of the United States is in double digit percentages relative to gross domestic product (GDP). "Deficits of such magnitude are not a sustainable fiscal policy. We would reconsider the rating when the U.S. government creates a long-term sustainable budget," said Schmidt.

Feri Rating is listed on the Federal Financial Supervisory Authority (BaFin) as an EU credit rating agency approved and created with more than 20 years experience in sovereign ratings. Every month, the Feri analysts evaluate sovereign credit ratings from the perspective of a foreign investor based on the ability and willingness of countries to repay their debts. The credit ratings have eleven possible gradations between "AAA" (best credit) and "Default".

Obama's Jobs Plan Takes a Page From Marx

By Investor's Business Daily

Politics: The president has unveiled a plan to cut joblessness with an industrial policy from the 19th century. In this "new" economy, government will pick winners and losers for industry. It didn't work then, it won't work now.

Taking a cue from classical Marxist theory as well as vintage union organizing doctrine, both discounting the value of service work over manufacturing, we now see President Obama touting training for factory jobs over all others, pushing government spending in that area and calling it a jobs recovery plan.

"I see a future where we train workers who make things here in the United States, and continue a important and honorable tradition of folks working with their hands, creating value, not just shuffling paper," he said Wednesday at Northern Virginia Community College, urging students to pack up and go to ... Detroit.

As he announced his public-private "Skills for America" partnership to train and credential 500,000 students for jobs in industries favored by the Obama administration, it bears looking at how at odds this approach is to both history and economic reality.

"We know it means building the infrastructure, the roads and bridges, and manufacturing new products here ... that create good jobs," Obama said. "Above all, it means training and educating our citizens to out-compete workers from other countries."

The Bill Moyers crowd has been touting manufacturing-era nostalgia for years, claiming the world would go back on its axis if America could just shut its market and put everyone back into blue collars, turning gears and listening for the lunch whistle.

Fact is, the more advanced the economy, the greater percentage of the work force that moves out of manufacturing and into services.

Economists call this the "tertiary progression" of development - from farming and fishing, to the Industrial Revolution, to an advanced service economy. Every rich nation has followed this path - every one.

In the U.S., that move started not last decade but more than 70 years ago. In the U.S. there are six times more service workers than factory workers, boasting higher skills and per capita income. U.S. trade data consistently show U.S. surpluses in service exports across the board because that's America's competitive advantage.

Now the president wants us to "give back" all that white collar development and return to a simpler sort of economy premised on manufacturing - one that's more characteristic of today's China or Peru than a developed economy such as America.

Amazingly, he wants this even though he admits state-directed industrial policy has failed. "We've got a lot of programs out there," he said. "If a program does not work in training people for the jobs of the future and getting them a job, we should eliminate that program."

Which defies belief when one recalls he's holding up job-creating free-trade treaties with Colombia, Panama and South Korea for just such a useless training program called "Trade Adjustment Assistance," or TAA.

That program is so bad a 2008 American University study by Kara Reynolds and John Palatucci declared it "of dubious value in terms of helping displaced workers find new, well-paying employment opportunities." Obama is holding up a proven way to create jobs - trade deals - to expand TAA from $2 billion to $7 billion.

It's as if all the economic knowledge acquired in the course of the 20th century never made it to the Obama White House. Obama wants to pick industrial winners while the economy languishes from high taxes, massive new regulatory burdens and his failure on free trade.

The only logic that can explain this is that Obama means to spend more money on vocational education to prepare kids for work in industries dominated by unions - Obama's main base of political support.

Presumably, if enough community college students can be trained for traditionally unionized manufacturers, employers will have no choice but to hire them. That's a win-win-win-win for educational bureaucrats, unions, jobs and Obama's political prospects.

Too bad the rest of the economy - which accounts for three-quarters of all U.S. output - didn't make Obama's list of industrial winners.

A Crisis That Obama Won't Waste

This economic crisis is too useful for Obama to want it to end. When Rahm Emanuel -- and later Hillary Clinton -- spoke of "never letting a good crisis go to waste," many people were shocked. But now Obama seems to embody the corollary: that the crisis should continue until he has thoroughly milked it to reshape American politics, society and the economy.

As with Faust, it seems that this "given moment ... he wishes to endure forever." Unlike Faust, however, he will not lose his "life and soul" to such a wish. He'll sacrifice ours, instead.

First came the "stimulus package." With only about $185 billion of its $800 billion in spending to be disbursed in 2009, Obama clearly never intended the money to be about stimulus but wanted the need for a stimulus to trigger the spending he wanted anyway.

Then came the TARP funding, often forced down banks' throats. Now comes word that even as banks want to return the money, the Treasury is making them keep it. One source at a TARP bank reports that Geithner is insisting that banks go through their "stress test" before refunding the TARP money. As Stuart Varney speculates in The Wall Street Journal, Obama wants the banks to keep the money so he can enforce his regulations on them.

Now comes Geithner's plea for extra regulatory powers and Obama's concession to global economic regulation at the G-20 summit. Both moves are game changers for any major American business. Geithner wants the power to take over any business -- presumably in any field -- whose failure would imperil the national economy. Today it's banks, brokerage houses, car companies and insurance firms. Tomorrow? Who knows?

And Obama agreed to agree on international "high standards" for the regulation of all "systemically important" companies to be promulgated by the new global Financial Stability Board (FSB). The United States, occupying one of 20 chairs on the FSB board (21 if we count the European Union), will come to a consensus with other central bankers from the G-20 nations on what these regulations should say. Then the Securities and Exchange Commission, the Federal Reserve and the other regulatory arms of the U.S. government will impose them on our economy.

Some have objected that Congress needs to be consulted -- but as long as the agreements are "voluntary" and the U.S. agencies are merely "asked" to impose the regulations, no further grant of congressional authority is needed. But, of course, there will be nothing voluntary about the administration's demand that the agencies implement the coming FSB directives, no matter how intrusive they may be.)

And, finally, there is Obama's delegation of a total overhaul of the tax code to a commission headed by Paul Volker with a mandate to report back in December of this year.

So with the tax code totally changing, Europe about to formulate regulations for our economy, the U.S. government empowered to take over any large company, the deficit and spending reaching unbelievable levels and the feds insisting on continued control of banks, what businessman in his right mind is going to invest in anything? How could even the most foolish optimist pull the trigger on a business investment without knowing the tax consequences, the regulatory framework and the policy of the banks on lending?

But Obama knows all this. He knows that his steps will delay economic recovery. But he wants these changes not as means to an end, but as the end itself. And he is determined to get them passed and set in stone while the rubric of "crisis" justifies his doing so.

He is not unlike a leader who takes his country into war, knowing that by "wagging the dog" he can reinforce his power.

But ultimately, does Obama care if he is re-elected? Doesn't he know that he needs a good economy to extend his mandate to eight years? Yes, of course he does. But he probably figures that he can turn the economy around as Election Day 2012 draws nearer and reap all the credit then. In the meantime, no good crisis should ever go to waste.

By Dick Morris & Eileen McGann - Morris is a former political adviser to Sen. Trent Lott (R-Miss.) and President Bill Clinton, is the author of Condi vs. Hillary: The Next Great Presidential Race.