Log in
2012 Feb 6 |
 |
http://www.theatlanticright.com/2009/10/29/obamas-orchestrated-crisis/
0
0

On his show yesterday, Fox News host Glenn Beck argued that the financial crisis is part of a deliberate strategy to expand the size and scope of government.

NewsReal‘s Matthew Vadum explains that ‘it’s called the Cloward-Piven Strategy of orchestrated crisis. It’s an approach to radical social and political change articulated by Marxist university professors Richard A. Cloward and Frances Fox Piven in a 1966 Nation article, “The Weight of the Poor: A Strategy to End Poverty.” They called for “a massive drive to recruit the poor onto the welfare rolls” in an effort to overwhelm the system.’

This strategy worked wonders in New York back in 1975, when the city was pushed to the brink of bankruptcy.

One of the leftist activist groups that contributed to the current economic climate is ACORN. Its founder, Wade Rathke, is a big believer in the Cloward-Piven Strategy but he’s given it a new name for a new millenium. He calls it the Maximum Eligible Participation Strategy and has said he wants to use the Internet to swamp America’s social welfare system.

Although the Cloward-Piven Strategy pertains specifically to welfare benefits, the basic idea is that any massively unsustainable financial demands on the government will cause chaos and civil unrest.

As Vadum explains, printing more money – as the Obama administration is doing – fits right into this strategy. The idea is that it will drive up inflation. Massive inflation, in turn, has to be countered by interest rate hikes. The result of higher interest rates? Less economic growth and, if the rates are increased significantly, the entire economy could collapse.

Let there be no mistake about it; Obama and his friends are a bunch of radical leftists. They’re not out to improve the U.S. by working with a scalpel, but with the help of a gigantic axe.

This post was cross posted at Hot Air.

  1. Posted by Doomed
    | Quote | Trackback | Link #104857 ›
    Doomed You continually here that the PUBLIC WANTS>>>>DEMANDS<the public option. But.... Earlier in the week, after pollsters for NBC dropped the word "choice" from their question on a public option, they found that only 43 percent of the public were in favor of "creating a public health care plan administered by the federal government that would compete directly with private health insurance companies." The public does not want what Obama and the democrats are pushing.....Period. This is scary stuff. The democrats are no longer playing politics...they are out and out lying now....deception has become a part of their way of doing business.
  2. Posted by redfish
    | Quote | Trackback | Link #104864 ›
    redfish It sounds awfully like the conservative version of Naomi Klein's The Shock Doctrine, where she argues conservatives believe in 'disaster capitalism' and the War on Iraq was an intentional effort to create liberal economic reforms. ( http://en.wikipedia.org/wiki/The_Shock_Doctrine ). She ties her theory into some of Milton Friedman's statements about economic change requiring 'shocks'.
  3. Posted by Doomed
    | Quote | Trackback | Link #104869 ›
    Doomed Alinsky......Create a crisis. Barak Obama Quotes. "will turn crisis into a catastrophe and guarantee a longer recession." "it's getting worse, not getting better. ... Although we had a terrible year with respect to jobs last year, the problem is accelerating, not decelerating." "Without urgent action this humanitarian crisis could turn into a catastrophe," Obama said at the White House as fighting intensified in the conflict. Good morning. It has become increasingly clear in recent months that we are facing an economic crisis of historic proportions. There is a devastating economic crisis that will become more and more difficult to contain with time." "We start 2009 in the midst of a crisis unlike any we have seen in our lifetime, a crisis that has only deepened over the last few weeks." I'm here today to talk about a crisis unlike we've ever known So many Americans have shared with me their personal experiences of this crisis. Even if your neighborhood hasn't been hit by foreclosures, you're likely feeling the effects of this crisis in other ways. Emanuels statement "You never want a serious crisis to go to waste. And what I mean by that is an opportunity to do things you think you could not do before."
  4. Posted by Chuck Norton
    | Quote | Trackback | Link #104884 ›
    Chuck Norton Michael - inflating the currency also lowers the value of savings and retirements. The Dollar is losing value at a furious pace. If you have ant savings or retirement please get out of US dollars for your own good. Example, last time I checked the dollar lost 9% of its value since Feburary. If you had your money in an American Bank CD you would have received about 2.5% on your money so your money lost 6.5% of its real purchasing power. You would have been betetr off to have gold, or the Euro.
1