For a party and a man that hold deep reservations towards capitalism, Democrats certainly jump at the chance to ride it – like all those corporate fat cats in their private jets! – when it suits their needs. Ah, but you see the argument isn’t over capitalism. That’s just bread tossed out for the masses. American socialists – those that are in the know, the elites – understand capitalism is the undisputed system of economics. Our infrastructure right down to the laws that govern commerce is capitalistic. There is no changing that. But how and where revenue is generated and then redistributed is where American socialism comes in. Here we are again, though. Socialism is rigid and nearly absolute in its means. This is the point where the road bends. The adaptation that has been on full display by the Obama administration is crony-capitalism, and corporatism. It’s not necessarily Socialism in the strictest terms.

Oil, natural gas, clean coal and nuclear energy exist. The benefits from which are well documented. Even liberals know this. However, through the use of regulations and legislations, Democrats are hell bent on creating an industry out of thin air. A lot depends on that point, too. For example, personal fortunes. Former Speaker Nancy Pelosi (only to name one. OK Al Gore, too) has invested heavily in green energy. The guarantees on investments are very secure. They come in the form of government subsidies – tax payers’ dollars. As I said, Pelosi is one of many liberal lawmakers who steer legislation to suit their investment needs. Business tycoons like T. Boone Pickens also played his hand in motivating certain legislation. After all, it was Pickens who started the Mesa Power green energy company which dealt exclusively with GE and a company heavily invested in by liberal lawmakers (again Pelosi). That’s a lot of money and connections associated with Democrat law makers and the White House.

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The state that is home to Hollywood often leads the nation when it comes to creating illusion. Sometimes, the illusion becomes a law like AB32, the so-called “Global Warming Solutions Act”. Two Democratic presidents and one Republican agreed in deciding that the Kyoto Protocol was a fundamentally flawed idea and refrained from having the United States commit to it.

California, however, is governed by legislators who are clueless about the fact that the state is teetering on the edge of a cliff and are more than willing to pass laws that will help push it over. AB32 is a Kyoto-esque bill that seeks to reduce the state’s carbon emissions to 1990 levels by 2020. It was sold to the citizens with the dubious “stimulate green jobs” sales pitch that, so far, has proven to be more of a dream than a reality.

The law purports to create an economic green tech boom in California through the research and development of solar and wind power (the latter of which is becoming increasingly problematic).

California now faces unemployment levels second only to Michigan and a perpetual budget crisis that is only made worse by laws that kill jobs and financially prop up industries that are unable to compete in the marketplace on their own merits. Prop 23 is a ballot initiative that would suspend AB32 until the unemployment level in the state hits 5.5% (or lower) for four consecutive quarters.

As this is such a hot-button issue for those on both sides, the money is flying all over the place to fight it. The largest financial contributor to the “No On 23″ effort is is hedge fund manager Tom Steyer, who heads up Farallon Capital in San Francisco. Steyer is bankrolling a counter campaign that paints Prop 23 as a public health hazard. A quick look at the companies Farallon invests in would indicate that his deep concern for the havoc being wrought on the public health by carbon fuels doesn’t extend much beyond the California border, however.

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From Guantanamo to Health Care, Obama is certainly seeking to Change America – or more accurately -to accelerate the pace of change from a private enterprise-freedom based civilization to a Big Government-run society.  According to Thomas Paine, “It is the duty of a patriot to protect his country from his government.”  I realize that is a slightly different definition than Joe Biden would use, but nevertheless, in that light, here is my listing of the worst of his policy decisions:

6. Bailing Out GM.  “His policy of public investments prevented necessary liquidations.  The businesses he hoped thus to save either went bankrupt in the end, after fearful agonies, or were burdened . . . by a crushing load of debt.  [He] undermined property rights . . .pushed federal credit into the banks and bullied them into inflating . . .” Historian Paul Johnson wrote that of Herbert Hoover.  You can almost substitute Obama’s name for Hoover’s  in every detail.   By the way, Government Motors sales are declining at 3 times the rate of the industry as a whole.  Hoover would be proud.

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Leftist troublemaker George Soros has already made it explicitly clear he wishes to destroy capitalism.

Maybe the Third World will help the hedge fund manager and currency manipulator do it.

The preeminent funder of the left in America wants the International Monetary Fund (IMF) to become a kind of globetrotting Bernard Madoff, offering low-interest loans to poor countries so they can invest in the doomed global warming industry.

George Soros, owner, Democratic Party

According to Soros, the loans would allow developing countries to “jump-start forestry, land use, and agricultural projects – areas that offer the greatest scope for reducing or mitigating carbon emissions, and that could produce substantial returns from carbon markets.”

Soros, who personally wants to invest $1 billion in “clean” technology, wants the IMF to help stimulate demand for the technology he plans to underwrite.

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