What a great line: “lucky enough to live in a world of the self-righteousness of Canadian socialism and the competence of American capitalism”. You can substitute any other nationality for Canadian. If Obama’s socialist transformation is successful, the world will only know the mediocrity or misery of collectivism presided over by an arrogant and unchecked State elite.

In a way, the Obama regime has no choice but to go for full and unassailable control – because they have put themselves in a situation that is not stable or workable in a free society. Both government and entitlements have to be severely curtailed or our freedom has to go.

The Federal government’s debt load for existing unfunded liabilities in entitlements, social security and health care is already about $60 trillion dollars or just shy of $200k per citizen. There are also state and local unfunded liabilities hanging over our heads – brought to us by the same folks now in Washington pushing Obamacare and cap and trade. Richard Fisher, CEO of the Federal Reserve of Dallas in a 2008 speech: “ … to fully address our current unfunded liabilities with a lump sum payment today, so that all future generations . . . would receive promised benefits . . comes to $1.3 million per family of four – over 25 times the average household’s annual income.”

These are dangerous people we are dealing with. We are all in a bus careening down a dangerous mountain road and the driver believes that buses can fly if he can get up enough speed.