Keep on eye on it…

Argentina

by Jeffrey Kuhner , Washington Times.

The disastrous path on which America is currently embarked was tried in
another country. A fact not well known is that Argentina , prior to World War
II, was an economic powerhouse. Beginning in the 1880s and continuing
through the 1920s and 1930s, it was regarded as one of the most prosperous
and advanced nations in the world. Then Juan Peron and his wife Eva took
control in the 1940s until a coup in 1955 ousted them from power.

Argentina had a strong industrial base, thriving agricultural exports, huge
cattle ranches, and a broad and expanding middle class. Like America , it
served as a magnet for immigrants from all over the world, especially
Italians. Within 15 years under the Perons, Argentina , however, went from
being one of the richest to one of the poorest countries. To date it has
never fully recovered.

Upon coming to office, Peron, along with his popular beautiful wife, Eva,
created a state characterized by lavish social spending, elaborate welfare
programs, protectionism, confiscatory taxation, and runaway deficits. Juan
Peron used class warfare rhetoric. He attacked big business, the banks, the
private corporations, and the propertied class. He gave the labor unions
power and made them20pivotal allies of his regime. Then Peron expanded the
bloated government bureaucracy to intervene in every aspect of business and
life, which led to internal corruption.

Peron’s central socialist economic planning destroyed industrial
productivity and growth. The world’s investment capital fled. Taxes,
inflation, unemployment, and interest rates soared and the middle class was
wiped out. Finally, an independent judiciary and media ceased to exist.
Eva’s cult of supporters fostered a climate of violence and political
enemies of the regime were exterminated. Argentina degenerated into the
typical debt-ridden Latin American country that it still is today.

The failure of Argentina under Peron should serve as a warning to us.
Socialism and a sky-rocketing debt can permanently impoverish even the
wealthiest of nations and America is not immune from the laws of economics.

Obama is taking the first dangerous steps toward an American version of
Peronism. His followers see him as a political messiah and a revolutionary
change agent. He and the Democrats are plundering the country, using it as a
vehicle to reward supporters and punish foes. They plan to confiscate wealth
by taxing the rich and successful business class. Obama’s plan to do away
With 20 secret ballots will strengthen the labor unions. His wife, Michelle, is
the Eva Peron of our time, a glamorous, chic, socialist fashion trend-setter
who is beloved by the media.

http://www.washingtontimes.com/news/2009/feb/15/the-peron-pattern/

Yes, very much so. We need to split the country. Immature minds like this will always keep our country like the typical African country or South American country. Conservatives need to start over with the principles of the founding fathers and this time make intelligent decisions about the future of our country over political correctness, caring more about immigrants than Americans, or the fantasy or creating a Utopian Paradise.