France voted to spend more money.
Greece voted to spend more money.
The European Union is so obnoxious that any smack at the arrogant Brussels bureaucrats has some value, but both votes are disasters.
Smart economists keep telling simpletons like me not to panic. Don’t buy gold. Don’t hide in a compound in Idaho. Everything will be fine.
I cannot afford gold, so will have to trust God, and as for compounds, they weird me out.
Still how is the news from Europe anything but bad?
French socialists have no money to spend, but will try to spend it. When they cannot do so, they will be face a reaction so great that one fears for the fascists on the far-right and the communists on the left finding power.
Greece is not so different. There the establishment has utterly failed the Greek people. When almost twenty percent of the nation votes for communists and Nazis, there is a serious problem. Call me a simpleton, but any party that has a banner that looks like Hitler’s is bad and significant number of Greeks just did so.
Some more complex thinkers will argue that the Greeks don’t want Nazis, they just voted to protest impotent mainstream parties. Sadly, Nazis are like roaches . . .inviting one for any reason infests the whole house.
I cannot justify even my beloved Greeks if they vote for a Nazi.
As MItt Romney might say: “Gosh darn the experts to heck.”
The brightest and best of both parties steered us over a cliff in the last Bush and first Obama years. Big government and big business have been cozy in the Obama years and a second term would mean more spending.
But if France spends more, Greece spends more, and we spend more from whence will the money come? China is tottering and anybody who believes their government produced numbers is probably an expert. . . so I don’t count on the Chinese to fund Western folly.
Will France get Germany, the EU by another name, to print more money?
If so, the Germans will have forgotten their own history: more money means less money. If the Germans are not stupid, and they are not stupid, this will mean impasse and a second recession.
It is for those reasons, conservatives and moderates need to unite and elect Mitt Romney. Romney will spend less than Obama, if only because his election will come with a GOP Congress. Romney will spend less, but he will not slash and burn: it is not in his nature. When President Obama let the Democratic Congress write his spending and health bill, he gave up the middle. President Romney will not repeat that mistake.
If Mitt Romney is anything, he is a man for sound money. He will not send a thrill up the leg of any MSNBC commentator, but he will balance the books. It is in his nature.
You don’t have to like Mitt Romney. I have friends who do not, but they are wise enough to know we need him. We just finished with a term of a messianic expectations: It failed me, how did it work for you? It didn’t do much for my California real estate.
The French turned to socialism. The Greeks turned to chaos. Europe seems determined to live in interesting times, but we need not emulate them: the US can vote for Mitt Romney and normalcy.
Or you could start building that compound . . .