News media fall for climate-change hoax

When Obama foisted the demands of labor upon the captains of industry, backed by his bully pulpit of government and bribery of promises of State supplied advantages over their competitors, he merged their respective interests. This combined the political power of the two and consolidated it with the State. This confluence of a power trifecta between big labor, big business and big government enables Obama in his collectivist quest against individualism. As was so precisely described and ably predicted by Miss Rand in her writings, this is Barack Obama in the role of Wesley Mouch in Atlas Shrugged.

You might think that such heavy handed tactics by Obama might raise howls of protest from our press. But of protest we hear nary a peep, indeed the administration is so confident that it has effectively co-opted our “Fourth Estate”, that it feels it can threaten to use it as the club wielded by that heavy hand.

To foist such as massive global wealth rebalancing upon Americans (and hence pressure the rest of the west) Obama must first find a means to rein-in the chaotic dynamism of individual capitalism, ie; small businesses. Entrepreneurs who start up new enterprises, the dominant engine of our economic growth, are by nature an unruly lot. They are not normally disposed towards the centralized controls needed to enact such schemes. To thrust one-size-fits-all mandates upon them is akin to herding cats, because their interests are too varied to be addressed by blanket measures. No, to get a firm grasp of the economy, it requires a less fragmented model. A model where people are coalesced under massive umbrella bodies represented by figureheads who are then more easily managed, either by carrots or by sticks. It easier to juggle 3 baseballs than 10 BB’s, baseballs you can get a firm grip on, and continual monitoring of 10 items simultaneously is too unwieldy. Multi-national corporations and large trade unions fit this bill nicely.

So in order for Obama to shift our economy from where the bulk of employment is found in small and medium sized firms, to large behemoths vulnerable to unions and with only a single CEO to deal with, he needs leverage. The tools he has found to accomplish this end are found in the onerous burdens of his Cap & Trade bill and his Mandated Healthcare plan. To comply with all the new regulations from the enhanced affirmative action guidelines, energy efficiency retooling, mandatory company supplied health coverage and whatever version of card check is eventually passed, these are margin killing impositions for a small to medium sized businesses. Someone with a payroll of 10-100 people cannot afford to hire a lobbyist to plead their case, and seek relief from detrimental policies.

Unions and Corporate giants already have armies of these who secure their exemptions before the laws are even being written. For instance, 85% of the revenues meant to be generated by H.R.2454 (American Clean Energy & Security Act of 2009) have already been negated by carbon tax credits awarded to the likes of G.E. and Excelon and others, but these burdens remain in place for more modest sized companies. The bigger firms unable to gain favorable “exemptions” through insider connections can at least afford to float these added costs over the course of the year and then turn in their carbon credits at tax time. Small to medium sized concerns not so much.

This is why we see this coziness with corporate titans like Intel and Goldman Sachs et al and this administration. Giants such as these and their kind stay close to the administration and are quite literally “in the room” to curry favor and allowances that Mom & Pop operations across the nation can never hope to get. These exceptions are granted to Mega-Corporations and justified under the convenient rubric of “systemic risk” to the national economy. And the preference shown for hot shot outfits over “Joe the Plumber” doesn’t stop there. Notice how the pin-striped mandarins of Mergers & Acquisitions and Collateralized Investment Vehicles, the guys who handle the “paper” for the large corporations got this “systemic risk” label, whereas the more mundane CIT Group who underwrote 70% of all small business loans in America did not.