Def: uncertainty – n. 1. The quality or state of being uncertain, 2. Doubt, 3. Stresses lack of faith in the truth, reality, fairness, or reliability of something or someone.
Many have been saying it, including Democratic party leader and fund-raiser Terry McAuliffe, who recently announced on Hannity that “U.S. corporations are sitting on three trillion dollars that could be used to rev up the American economy, but they are holding it back because of uncertainty in the nation.”
I’ve heard that word dozens of times in the past few months. Banks are uncertain. Lending institutions are uncertain. Businesses are uncertain.
Uncertain of what?
Even the people that control the money supply, the Federal Reserve, are concerned about uncertainty. The following article is from Marketwatch on September 1, 2010: (I will bold the dreaded word for impact.)
“Political uncertainty about taxes and the costs of hiring workers is holding back the U.S. economy, a Federal Reserve official said Wednesday.”
“‘What is restraining the economy is not a shortage of current liquidity; rather, it is uncertainty, high household debt burdens and a lack of confidence in future income growth,’ said Richard Fisher, president of the Federal Reserve Bank of Dallas, during speech in Houston. A copy of his remarks was made available in Washington.”
“Fisher repeated a theme he’s hit before: Businesses are reluctant to hire and to expand because they aren’t sure about tax and regulatory rules. Politicians are acting ‘in a capricious manner that makes long-term planning, including expanding payrolls, difficult, if not impossible,’ Fisher said.”
“Some business owners have said that they aren’t hiring because of uncertainty about what will happen with taxes as well as about health insurance, credit availability and the cost of energy.”
“As long as political uncertainty is the main obstacle to growth, Fisher said the Fed shouldn’t create more money to stimulate the economy. ‘Further accommodation might be pushing on a string,’ he said — and in the worst case, it could ignite inflation,’ he added.”
Obviously “uncertainty” is a big problem.
When I think of the word “uncertainty” I usually think of things that are completely out of my control–like the weather. I’m uncertain whether we’re going to have rain or sunshine today. Or I’m uncertain about who will win the football game on Sunday. Used this way, it’s normal to talk about “uncertainty” because nobody is ultimately responsible.
Uncertainty usually mans we don’t have any control over what is about to happen.
But is that what we’re talking about when we use the word “uncertainty” to describe the American current economic climate? I don’t think so.
Here’s the meaning of uncertainty in 2010:
Will socialism succeed in America?
Or worded another way, will the Obama Administration succeed in fundamentally changing the American nation from a free, self-governing people into a bloated and bankrupt European style social democracy? The entire world is waiting for an answer to that question. It may just determine the direction of history in the coming years.
All of the uncertainty relates to changing America’s freedom-oriented economy to a controlled one. Vast amounts of government spending and stimulus, the threat of increasing taxes to fund the welfare state, and the increased costs of health care via a government managed system will fundamentally alter the United States of America.
Entrepreneurs and businesses are looking at these changes and holding their breath–and money. If these trends are not reversed, they may not survive and cannot expand. They also can’t create jobs because they will not be affordable. If socialism succeeds in America, then the entire game changes.
Let’s state an obvious truth after twenty months of observation. Barack Obama is a socialist–plain and simple. He believes the Federal Government should “manage” the economy of the United States and “redistribute” vast amounts of money from the wealthier parts of society to various interest groups.
Twenty months of taking over banks, financial institutions, car companies, and the health system of America (Obamacare) , plus appointing “czars” over every area of America life clearly reveal the goal of the present administration.
They don’t like “America”– the land of the free. They want to radically change it from a faith-and-freedom based nation to a secular-based socialistic state.
“Yes We Can” means the triumph of social democracy. Barack Obama and his appointees do not believe in freedom. They believe in controlling your life.
Yes, there have been other presidents with controlling, socialistic tendencies. Woodrow Wilson was cut from the same cloth and desired a “League of Nations” that would control the world. Franklin Delano Roosevelt’s New Deal policies created the devouring federal monster we face today.
But President Obama is different from Wilson and Roosevelt in a number of ways.
First, he does not love and respect the heritage and exceptional principles that created the United States of America. As Dinesh D’Souza points out in his hard hitting new book The Roots of Obama’s Rage, Barack Obama’s roots (via his father) in Islam and Marxism give him a very jaded, colonial view of the nation that he leads. He does not believe in our past and wants to change our future.
D’Souza summarizes the Obama worldview this way:
“We are today living out the script for America and the world that was dreamt up not by Obama but by Obama’s father. How do I know this? Because Obama says so himself. Reflect for a moment on the title of his book: it’s not Dream of My Father, but rather, Dreams from My Father. In other words, Obama is not writing a book about his father’s dreams; he is writing a book about the dreams that he got from his father.”
“Think about what this means. The most powerful country in the world is being governed according to the dreams of a Luo tribesman of the 1950’s—a polygamist who abandoned his wives, drank himself into stupors, and bounced around on two iron legs (after his real legs had to be amputated because of a car crash caused by his drunk driving). This philandering, inebriated African socialist, who raged against the world for denying him the realization of his anti-colonial ambitions, is now setting the nation’s agenda through the reincarnation of his dreams into his son. The son is the one who is making it happen, but the son is, as he candidly admits, only living out his father’s dream. The invisible father provides the inspiration, and the son dutifully gets the job done. America today is being governed by a ghost.”
Secondly, our current president does not appear to understand nor appreciate our unique Christian foundations which made America a light to the world for over two centuries. Barack Obama says he is a Christian, but his “conversion” came through an Afro-centric, America-bashing pastor–Rev. Jeremiah Wright–who was the founder of a quasi-Christian cult. Obama’s “faith” seems to be more of a political calculation than a heart-felt conviction.
Exhibit A is that Barack Obama is far more comfortable with secularism and Islam than he is with the claims of Christ. That’s why the vast majority of his policies on abortion, sexuality, marriage, economics, and foreign policy are largely pro-secular, pro-Muslim, and anti-Christian. He even canceled the National Day of Prayer activities at the White House and while welcoming Muslim gatherings and prayer sessions.
And finally, Barack Obama does not share a deep and abiding faith in human liberty and freedom. He believes that political elites know best how to control and guide the economies and social structures of nations. This can only be accomplished through massive government spending, redistribution of wealth, higher taxes and increased regulations.
He is doing everything is his power to establish socialism in America as he sees it practiced in Europe.
That political fact has created uncertainty in 2010.
Will socialism succeed in America?
The Heritage Foundation looks at it this way:
“The stakes couldn’t be higher for our nation at this moment. In the coming months, Americans will help choose which direction our nation’s future will take. Will the federal government continue to spend more, tax more, control more, and defend our liberties less? Or will we choose a new and bolder direction that returns power to the people? All indications are that we are approaching one of those pivotal moments in our political history, a tipping point. It will be a test of our national character. “
Maybe the November 2 elections–and much prayer beforehand–will help us answer that vexing question of uncertainty.