The one recent event that grabbed everyone’s attention was the stunning upset victory by Republican Scott Brown in the race for the U.S. Senate seat in Massachusetts long held by Ted Kennedy. That victory is being hailed across this land as a national victory for political conservatives. It appears some of the first fallout from that Republican victory is the refocusing of President Obama’s view on what America says is job one: the U.S. economy.

It took a cataclysmic event to do it, but if you choose to believe him this time, President Obama is signaling a change in his economic policy.

Here is what the president said in his announcement of his economic policy change.

I’m proposing a simple and common-sense reform, which we’re calling the “Volcker Rule”–after this tall guy behind me. Banks will no longer be allowed to own, invest, or sponsor hedge funds, private equity funds, or proprietary trading operations for their own profit, unrelated to serving their customers. If financial firms want to trade for profit, that’s something they’re free to do. Indeed, doing so–responsibly–is a good thing for the markets and the economy. But these firms should not be allowed to run these hedge funds and private equities funds while running a bank backed by the American people.”

Sounds good, doesn’t it. Now let’s look at who this Paul Volcker fellow is. He is a brilliant economist. I remember Paul Volcker from when he was the Fed Chairman in the Jimmy Carter administration. Making him the Fed Chairman is just about the only good thing I can remember Jimmy Carter doing during his presidency. I remember how Mr. Volcker showed his willingness to do the difficult things that had to be done to change the economic direction the country was headed in when he came into office. He swiftly moved to put a stop to the raging inflation that was threatening at the time. You may recall if you are old enough that Mr. Volcker was successful in stopping that inflationary trend. It took a recession to do it, but he stuck to his guns and got the job done.

So, at first blink, it would appear from that scenario we should expect tough times ahead—as if we haven’t had enough tough economic times already. Assuming Mr. Volker can walk on the economic hot waters we find ourselves in presently, I don’t expect he’ll see much need for making things get much worse before they get better, although that may well be in the offing rather we like it or not.

What I do foresee is that, since this man knows his job, we can expect he will see to it that what needs to be done is done, if, that is, the president gives him the power to do the job by appointing him his Fed Chairman. There are rumblings around Democratville that the present Fed Chairman, Mr. Bernanke, may be on the way out but that does not assure that Mr. Volker will get the job in his stead. So that is the big question, will the president give Paul Volcker the power to do the job or is he just kidding us again.

I say we can hope the president will keep his word this one time, but I won’t count on it. The man is an ideologue and the latest wind out of his mouth indicates he is not going to step back from what he sees as the best socialistic policies yet devised to turn America into just another failed European-style socialist country.

Gosh, I hope I am wrong about that. I hope he got a call from President Clinton telling him it is time to change course if he wants to be a two term president and that he took that advice to heart. I hope but not that much that he got the call and that he listened and understood, and took to heart that sage advice from the savviest political mind to live in the Whitehouse since President Ronald Reagan.

Still, I will be one happy fellow and a strong supporter of the president on this one issue, if he does keep his promise this one time to strengthen our republic by being tougher on banks and other financials, but only if he does it for all the right reasons.

We need a true believer in the Whitehouse; a true believer in the republican way the founding fathers of our republic gave us in the Constitution of these United States. When he is not spewing hate, Mr. Obama appears to be a nice American gentleman. We need to see more of that nice American gentleman and less of the hatemonger we have so often seen in the past.

If I could speak with the president, I would tell him to join in with us in our victory celebration. I would say that he has said more than once that what is good for America is good for him. I would tell him now is the time to show the truth of that statement before his time has run its course.

The president should appoint Paul Volcker Chairman of the U.S. Federal Reserve Bank.

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America's founding fathers signing the Declaration of Independence

In October My Personal Introspections blog published a post that asked if the United States would fall apart in 2010, as predicted by Professor Igor Panarin and dutifully reported by IZVESTIA. Today the question is will the United States become a socialist country in 2010.

The answer will be yes, if our legislators pass the Obama/Reid/Pelosi health care legislation now being considered and if we, the people, accept this new status quo without a fight. We can stand up and fight to stop this from happening by speaking up and engaging in civil disobedience when and if necessary.

Recently our church leaders across the United States have joined in signing a document called The Manhattan Declaration, which says in part: “We will not be intimidated into silence or acquiescence or the violation of our consciences by any power on earth, be it cultural or political, regardless of the consequences to ourselves.” If you would like to sign this declaration, just click here and you will be taken to The Manhattan Declaration website where you can sign it and become a fellow freedom warrior.

Some very promising news has just come out of Massachusetts concerning the U.S. Senate race going on there between Republican Massachusetts state Senator Scott Brown and Democratic state Attorney General Martha Coakley in the general election race to fill the seat vacated by the death of Sen. Ted Kennedy (D-Mass.). Brown, who started out behind Coakley some 30%, has substantially moved up in the polls. The latest Rasmussen Reports telephone survey of likely voters in the state finds Coakley ahead of Brown 50% to 41%, with 1% preferring some other candidate, and 7% undecided. This means Brown has closed the gap in that senatorial race to 7%. Should he win, the Democrats would lose their filibuster proof majority in the Senate, which would potentially stop the Democratic health care legislation in its tracks. It would be a seismic shift in the political structure of Massachusetts and of the United States Senate. Let’s hope he wins.

Watch this video and see what you think about Scott Brown’s political philosophy and chances. At the very least I think you will be taken by the commercial for Scott Brown for Senate included in the video.

It has just been reported that Democratic Senator Byron Dorgan has just decided not to run in the coming election. He is 22% behind the Republican candidate, so it is not hard to see why he has given up.

Republicans have a good chance to win in seven other states, as well, so not all is lost for freedom in America.

Just remember that God is alive and He is in charge. Now, go to work, do your best and all will be well. The alternative is too terrible to consider.

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Without a doubt, President Obama & Co., including Senator Edward Kennedy, intend to do elective surgery on our health care system and to force national health insurance upon us. This despite the fact that if our health coverage is nationalized, the Canadians will no longer have the benefit of the American health care they have become accustomed to. Why? Because we will soon be in the same boat they are in now; very long waits—up to three years and more for elective surgery and other elective procedures.

Why? How many physicians worth their salt elect to be employed by the U.S. government, if they can help it? The number is minuscule. Actually the number of competent physicians is shrinking daily as it is. That is due in part to government meddling in health care.

The same is true for nurses. It has gotten so bad that we are scouring the earth for nurses. Notice I did not say competent nurses. We will accept a certified—yip; usually they are still requiring that—nurses as long as they are breathing and not so wide that they cannot navigate hospital hallways. (Oh yes, I have seen some in the Philippines that might not be able to pass that test.)

It’s bad enough that we can no longer get enough American nurses, but, while we are getting nurses from other, usually very poor countries, we are taking nurses those countries can ill afford to lose. We are thereby turning America’s problem into a problem for those other countries; countries that cannot afford to put up a diplomatic fight with the American government to keep their nurses; nurses whom they desperately need.

We must stop this socialization of the American economy

There are two things a sensible person can do between now and the next election. One, is pray Obama & Co. don’t succeed in their quest to drive the last nail in the coffin of the best large health care system in the world; and, two, work to unseat all politicians who agree with Obama & Co.’s push to create a socialist system of government in the U.S. A socialist system of government and ruining our health care system will certainly have an adverse affect on your and my pursuit of happiness.

Here’s what Sandy wrote in her post:

Single payer visions

We’re beginning to learn what Senator Edward Kennedy’s secret meetings with key health insurance industry stakeholders have been creating in their vision for universal health coverage.

If you want to keep your health care separate from your job, you will no longer have that choice, according to reports of the plan’s 170-page draft. Employers would be required to provide health care to employees or be penalized. Step #1 to a single-payer government managed national health plan.

(Click here to read the full post.)

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