These words by an American socialist and six time candidate for president certainly seem prescient:
"The American people will never knowingly adopt Socialism. But under the name of 'liberalism' they will adopt every fragment of the Socialist program, until one day America will be a Socialist nation, without knowing how it happened." Norman Thomas (d.1968).
In the last three months the Obama administration has taken over five banks, the largest insurance company in the world, and two automobile companies. It has borrowed in those three months more money than has been borrowed in total over the last thirty years. It has amassed a debt that is greater than the cumulative American debt since our founding. It has imposed a burden on every American household of almost $540,000.
We are well on our way to becoming the socialist nation Thomas foresaw. It's hard to envision how, unless the massive spending to which the Democrats have committed us is reversed by the elections of 2010, we can avoid hyperinflation, massive taxation, and the loss of our status as the most prosperous nation on earth.
Perhaps I'm just missing something that others see, but if not our children will pay an awful price for the political choice the nation made in November of 2008.
RLC
