Conservatism is Not About Principle

Limbaugh put Republicans who work "around the edges" of the president's policies
under his heel

Yesterday I wrote that conservatism "is not about principle; it is about

"preserving" the status quo from the liberals attempts to rip apart conservative
values any further than they already have. Conservative values are not based on
objectivity, but rather on the subjectivity that the free market is the best, not
that it is right."

This is the reason Rush Limbaugh is said to be driving a wedge in the Republican
Party, with about twenty-five percent of Republicans--according to White House
Chief of Staff Rahm Emanuel--rooting for Limbaugh, and leaders like Mitt Romney
distancing themselves from him by not mentioning his name in their own comments of
caution.

"'He is the voice and the intellectual force and energy behind the Republican
Party. And he has been up front about what he views, and hasn't stepped back from
that, which is he hopes for failure. He said it. And I compliment him for his
honesty, but that's their philosophy that is enunciated by Rush Limbaugh. And I
think that's the wrong philosophy for America,' Emanuel said on CBS' 'Face the
Nation.'

"I want Barack Obama to fail if his mission is to restructure and reform this
country so that capitalism and individual liberty are not its foundation? Why
would I want that to succeed?" [Limabugh] asked. Fox News Politics

Listen to the conservatives and the Republican leaders. Unfortunately, they don't
want President Obama to fail, because if he fails, the nation fails, and if the
nation fails, the world-wide depression would be politically disastrous--for
anyone who thinks his mission is to "restructure and reform this country so that
capitalism and individual liberty are not its foundation."

It would be disastrous politically for people like Romney and Huckabee and any
other politician who says he or she does not want this un-Constitutional theft of
free enterprise to fail. They are giving the Libertarian Party a big boost as the
only free-market party. But that is good, if the Republicans don't think
capitalism is morally right.

This is what I mean when I say is not about principle; it is about "preserving"
the status quo from the liberals attempts to rip apart conservative values any
further than they already have. Conservative values are not based on objectivity,
but rather on the subjectivity that the free market is the best, not that it is
right.

Limbaugh put Republicans who work "around the edges" of the president's policies
under his heel, grinding on them for trying to make those policies work because in
doing so they are giving up their beliefs--beliefs which unfortunately are not
principles.

If they thought capitalism was right--morally, politically, and economically--they

would have seen the warning signs when President Bush told them about it in 2003,
and when Congressman Barney Frank said Bush was wrong.

"According to an article by Kathleen Day in the Oct. 8, 2003, Washington Post,

Frank opposed giving the Bush administration the right to approve or disapprove
business activities that 'could pose risk to the taxpayers.' He told the Post he
worried the Treasury Department 'would sacrifice activities that are good for
consumers in the name of lowering the companies’ market risks.'

"Just a month before, Frank had aggressively thwarted reform efforts by the Bush
administration. He told The New York Times on Sept. 11, 2003, Fannie Mae and
Freddie Mac’s problems were 'exaggerated,' a gross miscalculation some five years
later with costs estimated to be in the hundreds of billions.

“'These two entities – Fannie Mae and Freddie Mac – are not facing any kind of
financial crisis,' Frank said to the Times." Business and Media Institute

Not acknowledging that capitalism is morally the only economic system that allows
investors the freedom to create wealth will be a disaster for Republicans, if they
manage to regain power. They will only seek their own forms and programs of
"stimulating" the economy. Most Republicans said over and over that "something has
to be done" to save the economy. All but one or two failed to mention free
enterprise as the solution. The rest were on board with bail-outs and loans and
stimulus packages.

But if the Republican return to power and play the same game as Obama and the
Democrats, but with different bail-out/loan programs that eliminate what they
called "pork", their programs will only contain what the Dems will then call pork.

The government needs to back off, let businesses fail because that is what
businesses are supposed to do when times are bad, and everything will work its
self out. That is what capitalism does. It is a self-regulating, self-correcting
market, as we found out after President Reagan sat back and watched as:

"an economic tidal wave was moving in on the US Monday morning, October 19, 1987.
The Tokyo exchange had experienced a record collapse in prices and panic selling.
The Hong Kong exchange was wiped out. The European exchanges experienced the worst
single day in their history.

"In the US panic first hit in the Chicago commodities exchange and within five
minutes of the opening the markets went into free-fall. It then spread to Wall
Street and the NY exchange.

"The Dow-Jones averages fell 508 points. By the time the NY exchange closed up
stock market prices had dropped 22.6%, almost double the record losses of the
crash of 1929. An astonishing 604.5 million shares had been traded that day more
than double that of the crash of 1929. It was the greatest crash in US economic
history.

"Black Monday was followed by Terrible Tuesday which was never reported by the US
press. On the following Tuesday the world’s financial system came to within one
hair’s breadth of extinction. It appeared that by noon that the market had in fact
died. All trading in stocks, options, and futures shuddered to halt. For almost
one hour the world’s capitalist system had completely collapsed. There were no
buyers at any price.

"At this point of maximum crisis the Federal Reserve Board stepped in and flooded
the banks with cheap credit. At 12:38 that afternoon the stack market rose from
the dead. The resurrection of the market was the result of the deliberate
manipulation by a few major firms to save the markets.

"Essentially leading corporations were entering the market after 1pm to buy back
their own stocks which they had dumped that morning in order to stabilize the
situation. Buying resumed on the market." [condensed from] The Reagan Revolution

The Fed did what it was supposed to do, and within hours the market was correcting
itself. There was no rush to "nationalize" banks or insurance companies or
mortgage lenders or the stock markets themselves.

There was no appeal to Congress to help with financial aid. It was not necessary
then, and it was not necessary last fall when Bernanke and Paulson presented
Congress with a three-page spending proposal for $800B.

"The Bush/Paulson/Bernanke 'panic' and 'plan' to hand unlimited funds and power
without judicial or congressional oversight was ripped straight from the 'Chicago
School's' playbook of inducing a financial panic in developing nations and then
moving in to 'reform' the system... As noted here before: [the nation was] told we
had only hours til the Apocalypse on Thursday, Sept. 18, [yet] we find the world
still working 12 days later."

Before $1 of any of that money had been paid as bail-out, the market was beginning
to correct itself. Only after spending the money did the economic system start
tanking because "capitalism and individual liberty [were] not its foundation" any
longer.

So I want Obama to fail too. Maybe then the capitalists will be allowed to step in
repair the damage, and I hope that if that day comes the socialist pigs will be
charged with crimes, maybe under the RICO laws for collaborating in dirty
business.

The Free Assemblage of Metaphysical Naturalists is the sm of

The Free Assemblage of Metaphysical Naturalists LLC.
The Academy of Metaphysical Naturalism tm,
The Academy of Metaphysical Naturalism Blogger ©,
Academy of Metaphysical Naturalism Blogger Extra ©, and The Metaphysical
Naturalist ©,

are the educational arms of the LLC and are:

© 2008-2009 by Curtis Edward Clark and Naturalist Academy Publishing tm
mailto:freeassemblage@gmail.com