Ever since Obama was elected president the conservative press has been referring to him as the ‘Messiah,’ the ‘anointed one,’ the ‘savior,’ and so on largely in response to how the liberal press fawned and cooed over him and was loath to question or mention any criticism of him.While it is true that modern politicians like to posture as our saviors it is the press that continuously gives us deities to worship and demons to fear. In recent years we have been told that, in economics alone, speculators, bonuses, stock options, credit default swaps, and according to Obama recently, bankers and hedge funds are to be hated and condemned.
Demonic practices include short selling, making a profit, acting on inside information, making ‘too much’ profit and defending one’s right to do so. I’m sure there are some I’ve missed.
The gods we’ve been urged to worship by the press are government politicians and regulators who know what’s best for us. Noble and virtuous practices are complying with our regulatory masters and having a willingness to find our happiness by sacrificing all those things that make us happy, like our money and freedom and rights, for a non-existent public good.
Obama will give his first SOTU address tonight. It will be interesting to see what demons we will be urged to destroy and what gods to worship. Some have speculated that because of recent setbacks to the Democratic Party’s agenda, Obama will move to the center of the political spectrum. If he uses those kinds of words tonight it will be only appearance. In substance I see Obama following FDR’s lead. He will continue to meddle in the market, causing a prolonged depression, yet blaming all of it on the greed and selfishness of evil businessmen. The people, like they did for FDR, will believe it hook line and sinker and will call for more of the same poison that’s making them sick now.
But there are these differences: Objectivism wasn’t around back then and the middle class today has a lot more to lose by buying into the government-knows-best nonsense being peddled today. We’ll see.