Obama’s Orchestrated Crisis

posted at 7:14 am on October 29, 2009 by Michael van der Galien
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On his show yesterday, Fox News host Glenn Beck argued that the financial crisis is part of a deliberate strategy to expand the size and scope of government.

NewsReal‘s Matthew Vadum explains that ‘it’s called the Cloward-Piven Strategy of orchestrated crisis. It’s an approach to radical social and political change articulated by Marxist university professors Richard A. Cloward and Frances Fox Piven in a 1966 Nation article, “The Weight of the Poor: A Strategy to End Poverty.” They called for “a massive drive to recruit the poor onto the welfare rolls” in an effort to overwhelm the system.’

This strategy worked wonders in New York back in 1975, when the city was pushed to the brink of bankruptcy.

One of the leftist activist groups that contributed to the current economic climate is ACORN. Its founder, Wade Rathke, is a big believer in the Cloward-Piven Strategy but he’s given it a new name for a new millenium. He calls it the Maximum Eligible Participation Strategy and has said he wants to use the Internet to swampAmerica’s social welfare system.

Although the Cloward-Piven Strategy pertains specifically to welfare benefits, the basic idea is that any massively unsustainable financial demands on the government will cause chaos and civil unrest.

As Vadum explains, printing more money – as the Obama administration is doing – fits right into this strategy. The idea is that it will drive up inflation. Massive inflation, in turn, has to be countered by interest rate hikes. The result of higher interest rates? Less economic growth and, if the rates are increased significantly, the entire economy could collapse.

Let there be no mistake about it; Obama and his friends are a bunch of radical leftists. They’re not out to improve the U.S. by working with a scalpel, but with the help of a gigantic axe.

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