The Obama doctrine.

"Undermine our allies. Embolden our enemies. Diminish our country" is how Frank J. Gaeffney describes the Obama doctrine re foreign relations.

http://www.washingtontimes.com/news/2009/sep/23/the-obama-doctrine-16333053/?source=newsletter_opinion_headlines

While, this is true re foreign affairs, it is also true for domestic and economic policy. The chief weapon of Obama and his henchmen is the "mark to market" accounting system. This is how the Obamabots diminish our country economically. In essence, the use of this accounting system allows the govt to declare certain properties owned by banks (or properties on which banks have loaned money) "troubled assets" because the market for those properties has temporarily disappeared or is greatly diminished. Their value is then counted as zero and the banks are required to deposit money as reserves to cover the value of those properties on their books. The government steps in and gives the banks monopoly money in exchange for bank properties and in fact control of the banks. Where does the money come from? The govt "generates it," is the way the standard radical doctrine defines it in academic circles. Some academicians believe that the government (note NOT GOD) owns everything, so it is just an accounting cipher as to whose name is down as owner.

As usual with the practices on the Left (i.e. the ungodly), what they say is not what they do. What in fact they are doing is to diminish the value of those properties by either selling them at deep discounts or allowing them to deteriorate. This way, the value of those properties is taken out of private hands, most of it is wasted and the country's economy is down-sized. The Obamabots believe that we are too rich, too powerful and must be made to do with less.

The deflation I have just described is handy for the Obamabots to cover their sins re counterfeiting the currency. If it were not for the deflation they caused, inflation would be raging by now. But, the destruction of assets represses the economy and prices. That is why the Obamabots plan to have another round of asset destruction by declaring commercial real estate in default. That will transfer more value from private hands into government hands and in fact remove them from the economy. The result will be another round of deflation, another round of government "bailouts." By the time it is over, kiss the dollar good by and prepare for price controls to deal with roaring inflation. And price controls create black markets and shortages. Maybe the Obamabots will achieve their dream of reducing us to the level of "Cuber" where toilet paper is rationed.