Death of the 14th Amendment!

With the McCain proposal to use $300 Billion USD of the ESA 2008 to bail out mortgagors directly is proof that the USA has moved from a capitalistic, free-market formation to a socialistic, risk-coverage formation. As I mentioned in "Socialism takes away my right to fail," the big problem with the way the USA is going is that capitalism has two sides to it full implementation:

The right to succeed, and the right to fail.

One is not possible without the other. This is the most important thing that voters must understand about the results of the Nov election. With the election of BHO and a big Democratic sided Congress, the USA will become the USSA by the time BHO's 8 years tick by. It may not be possible to undue the damage that will be done to the formation structure of the USA. This will all be predicated on the legal use of the 14th Amendment.

Fairly soon some smart lawyer is going to realize that the US Government is violating the 14th Amendment's "Equal treatment under the law..." clause when it bails out some companies and let's others fail. If I was Lehman Brother's stock holder, I would be looking to sue the Government big time. The basis for this concept is that the 14th Amendment's "equal protection" clause has been used to restrict/enforce all kinds of anti-bias, anti-civil legislation from collegiate women's sports to civil rights to the ADA (Americans with Disabilities Act - if you couldn't ferret that one out). Why not assume that the 14th could be used to prove the Government is not providing "equal protection" of default when it chooses which companies to bail out and which not. I see a flood of lawsuits a coming ;-) .

Now, since this is a democracy, the majority will determine the manner in which the USA is operated, but I believe that since the younger generation has never been taught discipline, character-building, or work-ethic (unless to know my children) this fact will slip by as they elect the most liberal and likely first socialist President of the USA: BHO.

In my next post I talk about his slip in last night's Presidential debate when he exposed his real purpose in becoming President: "spread the wealth around" (his words). I can imagine that his handlers just about cried when he said that since it is now in the open that BHO is a socialist. Those words, to "spread the wealth around" is the key socialistic keyword for income redistribution.

Make no mistake folks, if you vote for BHO, you are voting to have your wealth taken from you and redistributed to others under the most benign of circumstances, of course. Remember, the $250,000 income level is just the beginning... Does anyone remember when the 13th Amendment installed the first US income tax at what beginning rate?