Sorry to break the bad news to
Joe the Plumber. But the winner of Campaign 2008 is
Peggy the Moocher. No matter who moves into the White
House, Peggy has good reason to do a happy dance. The
plain, ugly fact is that both major political parties
are committed to
spreading the wealth in one form or another. It`s
all just a question of how much and how quickly.
Who is Peggy the Moocher? She`s
Peggy Joseph, a voter in Sarasota, Fla., who exulted
earlier this week at a Barack Obama rally that this was
memorable time of my life." Why? As she
told a Florida reporter on a
YouTube video that has been viewed by hundreds of
thousands: "Because I never thought this day would ever happen. I won`t have to
worry about putting gas in my car. I won`t have to worry
about paying my mortgage. You know. If I help [Obama],
he`s gonna help me."
You can`t blame Peggy the Moocher
for viewing Obama as the superior
Santa Claus. With a relentless messianic campaign, a
grievance-mongering wife touting him as the
country`s soul fixer and a national infomercial
promising to take care of every need from night classes
to medical bills to rent and fuel-efficient cars, Obama
effectively channeled Oprah Winfrey`s Big Give.
gets a car!"
"Everybody gets a car!" And gas. And mortgage
His $300 billion
involved directing the Treasury Secretary to
"purchase mortgages directly from homeowners and
That was on top of the
bailout supported by both presidential candidates,
the White House and the Democratic leadership; the
$85-plus billion to AIG; the $25 billion to automakers;
and the $200 billion in capital and credit lines to
Fannie and Freddie. And who knows what else we`ll be
redistributing to the indebted states of New York,
California, Massachusetts and all the other Peggy the
Moochers, large and small, lining up for their piece of
the bailout pie.
McCain assailed massive government
spending—while promising to heap on more massive
government spending to pursue home ownership and
retention at all costs. It was the Republican, not the
Democrat, who entrusted the Treasury Department to
renegotiate individual home loans and become chief
principal write-down agents for the nation. Both private
and public entities are planning for a McCain-esque
homeowner salvation plan for borrowers in the red.
It`s a swell idea for everyone who
bought overpriced homes with
Adjustable Rate Mortgages. Those who rented, bought
within their means or locked into fixed-rate loans that
they could afford are out of luck, naturally. The only
sane thing to do in response? Stop paying your mortgage
and get in line.
"E Pluribus Unum"
is no longer our national motto. These three words are:
"Do For Me."
As in: What will the government do for me?
On Election Day, the federal
government quietly reported that it will borrow a record
$550 billion in the current quarter to fund the
bipartisan bailout. The Treasury Department plans to
borrow more than a half-trillion dollars in the current
October-December quarter and another $368 billion in the
first three months of next year.
Estimated total for the whole year:
$1.4 trillion. Democrats plan to add another $500
legislation. Credit card companies,
utilities, insurance companies, and car loan and student
loan debtors await their turn.
The bailout bonanza blurred the
differences between the two major political parties, but
the Peggy the Moocher video shows there are still
basically two starkly contrasting views of government in
this country among the rank-and-file electorate. Unlike
Joe the Plumber, Peggy sees government as her
salvation and the president as her subsidizer-in-chief.
She voted with the expectation that the Spreader of
Wealth will reward her with payback. Joe just wants
Washington to leave him alone to fend for himself.
Personal responsibility? Hah.
Washington can`t afford it.
CREATORS SYNDICATE, INC.
Michelle Malkin [email
her] is author of
Invasion: How America Still Welcomes Terrorists,
Criminals, and Other Foreign Menaces to Our Shores.
here for Peter Brimelow`s review. Click
here for Michelle Malkin`s website.
Michelle Malkin`s latest book is "Unhinged:
Exposing Liberals Gone Wild."