Reality Distortion Field (RDF) is a phrase sometimes connected to Star Trek but more commonly attributed to Steve Jobs and the early days at Apple Computer wherein he was known for his endless optimism and charisma, and for motivating co-workers to think creatively to achieve that which was deemed impossible. The concept was likely a forerunner of the now-cliched thinking outside the box.
A more accurate and contemporary definition of Reality Distortion Field might better be applied to the cockamamie arena of financial reasoning in which Mr. Obama and his toadies play make-believe and toss pixie dust at one another. When Nancy Pelosi claimed another extension of unemployment benefits was good for the economy late last year it was not a stretch to think she’d fallen down and bumped her head again, yet just this week Valerie Jarrett came out and uttered the same drivel as if she had been hypnotized by Svengali, and predictably not a soul in the media pool had the courage to ask what was causing her to hallucinate.
Europe is in financial turmoil and still capable of imploding from decades of ill-conceived Keynesian socialist economic policies. Keynes wrongfully believed that government should regulate markets, the consummate example of emotion overriding pragmatism and reality. Markets themselves are self-regulating. The proponent of a centralized government believes, naively, in a governing body regulating commercial markets, which is the equivalent of allowing a government to manipulate markets, and one step away from a government owning and controlling a market and thereby destroying its natural function.
Unchecked power by a government to manipulate a market is a pre-paid ticket for subjective and random regulation, resulting in stifling productivity, lack of competition, and the creation of a vortex that sucks commerce into the netherworld. Sounds familiar, doesn’t it? With proven failures of socialistic economies serving as modern day templates for that wrought by government interference, the neophytic in Washington not only insist upon more ways to emulate Europe but show troubling signs of doubling-down straight to a Marxist platform. Disparagement toward our democracy and the Constitution has never been more rampant, and it is clear the current paradigm is not to create an environment in which business might thrive, but rather to own it and control it as a fiefdom.
Harry Reid as Senate Majority Leader is required by law to submit a budget every year, but to date is over 1000 days tardy, and counting, to bringing his FIRST budget to the floor and nobody seems disturbed or has sought to sanction him or to ask for his resignation under the grounds of gross dereliction of duty, nor has any political pressure been brought to bear on Rasputin in the Oval Office. Reid’s indifference and pomposity is flagrant, though he inadvertently might be doing the country a favor thanks to Congressional adherence to Base Line Budgeting, an unfathomably sophistic practice with roots that trace back to the Congressional Budget Act of 1974. In an overwhelmingly Democrat-controlled Congress, this sludge was signed into law with only 23 dissenting votes in the House, and passed unanimously by the Senate.
With baseline budgeting, budgets never fall; they are, instead, used as the basis to increase spending the following year. Try doing that in your personal life or with a business, then retain a bankruptcy lawyer.
Let’s say Mr. Obama increased food stamp availability by 100 Billion each of his first three years in office. If he only increases food stamp outlays by 75 Billion this year he and Congress will consider that a spending CUT of 25 Billion, an absurdity so profound you wouldn’t find it in a fairy tale or a piece of science fiction scribbled in crayon during a six month drug haze.
The tally sheet just past the three quarter-pole and going into the home stretch is unsavory and has a stench about it lye soap could not wash way. The artful dodger increasingly pounds the podium and scowls like an angry cur, boasting on one hand that the economy is improving and bragging on the other that extending the payroll tax was a necessary and vital, fully bringing a new definition to dissimulation and juggling facts faster than a hustler dealing a street corner game of Three-Card-Monty. Meanwhile, we have a Congress with what appears to be a terminal case of lockjaw.
Two arguments result: Mr. Obama is the president most bereft of common sense and detached from reality to have ever occupied the office. The upside to that discussion is it makes Jimmy Carter’s final years more pleasant; the downside is that once he loses the election we will be saddled with him and his snarling wife trying to rehabilitate a failed presidency 30 years after being routed out of office. Unlike Carter, I don’t see him with a hammer in his hand once his power cord is unplugged.
The other argument, of course, is that he brilliantly hoodwinked a nation into believing he represented change and was clever enough to have not disclosed his communist proclivities. Neither case inspires but is how the score card reads. The only remaining mystery is why one of the three branches of government remains asleep, fraught with either disinterest or outright fear of the Executive Office.
One can’t help but think back to the apt description of the Prussian Royal Court by Prince Klemens von Metternich: A conspiracy of mediocrities united by the common terror of any decisive action.