Supposedly, the elder Geithner knew some people who helped Barry with his access to two Ivy League Schools. Old Eastern money, Ivy League. Poor? Deprived? No, absolutely not. Depraved, yes, but not deprived.

Owebama’s like any good and committed communist: You have to be wealthy enough to appreciate its joys.

De Soto is correct. However, we are slowly abandoning those principles. All in the name of FAIRNESS. Or so Obama tells us.

At the time of Bill Clinton’s impeachment, I will never forget a TV interview with a black woman on the street. She said:

“He de head man! Why dey be runnin’ down de head man?”

That is exactly what she said and how she said it. Don’t call me racist; you’ll have to take that up with her.

That woman clearly had no conception of government above a tribal level. Why do we allow her to vote in a Constitutional Republic?

A Peruvian scholar, Hernando deSoto, has written a book, “THE MYSTERY OF CAPITAL,” that explains what it takes to create a prosperous country. Not surprisingly, they are:
1. Private property ownership.
2. Legal backing for property ownership by courts.
3. A system for freely buying/selling property and recording such sales/purchases.
4. A reasonably honest representative government.

I haven’t read de Soto’s book, but I’ve read about it. Unfortunately, it appears that the United States is losing ground in every respect.

1. Property taxes. We don’t own property; we merely rent it from the government. Stop paying your property taxes and see what happens.

2. The Kelo decision. The government is now free to seize your property and give it to someone with better political connections.

3. Banks reselling mortgages and bundling them into mortgage-backed securities. I’ve heard of cases where the chain is so complex and convoluted that it’s uncertain who actually holds the mortgage.

4. TARP passed despite letters and phone calls from the public running 300-1 against it. Just recently an attempt by Senator Rand Paul to cut off foreign aid to several Middle Eastern countries lost 81-10, despite the fact that the overwhelming majority of Americans would support such a move.

Add to that the burgeoning bureaucracy which feels empowered to regulate and control every single aspect of our lives, and elected officials who recognize no constitutional constraint whatsoever to their power.

No question about it, we are becoming a Third World country. It’s frightening how fast it is happening.

To wit: If Valerie Jarrett is trying to pass herself off as someone who experienced the misery of Third World colonial existence, then she is completely full of sh*t. I happen to know Val. To me she is Valerie Bowman. Val lived in a neighborhood of Shiraz near the Namazi Hospital. Far from being a squalid slum, it was a very comfortable middle class neighborhood. The house we lived in easily accommodated the five of us in my family, plus a maidservant. The Bowmans and my family were well-acquainted and we socialized on numerous occasions. Val was one of my closest childhood playmates. I spent time in her house. It was a house similar to the one we lived in: clean, comfortable, middle class. Nothing “Third World” about it. Although there were people in Shiraz who were desperately poor — beggars literally dressed in filthy rags — the general feeling of the town was not one of squalor and misery. Iran was a country rapidly modernizing under the Shah. Whatever “colonial” experience Val thinks she underwent when living there we experienced as well. I remember it as a very pleasant time in my life, and materially quite comfortable. Val’s experience could not have been all that different, because I saw the house she lived in.

ObaMarx is pro-colonialist, pro-imperialist: For Islamic colonialism and for Islamic imperialism. As are all adherents of the 1960s New Left. Getting one’s terminology straight is key. Anybody who talks of Western instead of Islamic colonialism and imperialism is part of the problem, an upholder of a treasonous anachronistic lie.

Great Man theory

The Great Man Theory is a 19th-century idea according to which history can be largely explained by the impact of “great men”, or heroes: highly influential individuals who, due to either their personal charisma, intelligence, wisdom, or political skill utilized their power in a way that had a decisive historical impact.

Big man (political science)
http://en.wikipedia.org/wiki/Big_man_%28political_science%29

A big man, big man syndrome, or bigmanism, within the context of political science, refers to corrupt, autocratic and often totalitarian rule of countries by a single person.

Generally associated with neopatrimonial states, where there is a framework of formal law and administration but the state is informally captured by patronage networks. The distribution of the spoils of office takes precedence over the formal functions of the state, severely limiting the ability of public officials to make policies in the general interest. While neopatrimonialism may be considered the norm where a modern state is constructed in a preindustrial context, however, the African variants often result in bigmanism in the form of a strongly presidentialist political system.[1]