Good analysis by Kevin Hassett over at Bloomberg this morning titled "California Nightmare will Kill Obanomics." The agenda to get socialized medicine is hitting a panic point for Democrats - will they or won't they get in the bus headed over the cliff? Or, will they become responsible legislators and stop the madness:
If Obama’s health-care plan passes, then we may well end up paying for it with federal slips of paper worth less than California’s. Obama has bet everything on passing health care this year. The publicity surrounding the California debt fiasco almost assures his resounding defeat.
I hope Hassett is right, but increasingly I fear there is a deeper agenda among the Obamistas - one based on the principle of utterly destroying the American economy in order to make more people dependent on the Federal dole. Applying Ockham's Razor to the current pattern of legislation - cap and trade, socialized medicine etc. one can only reach the conclusion that the destruction of the current system is the objective.
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