Published June 20, 2012
No wonder our country is in crisis and our economy is collapsing. We are inches from the cliff. A tsunami is coming. We can all see it in slow motion. And our politicians are stark raving mad. “One flew over the cuckoos nest” level of madness. Straight-jacket mad.
Our politicians can agree on nothing. There hasn’t even been a budget presented or passed in 3 years. Yet Arizona Republican Senator John McCain and Nevada Democrat Senate Majority Leader Harry Reid, two of the most prominent leaders of their respective parties, are joining hands to fight the biggest threat of our time -- drumroll please -- bad boxing decisions.
Yes, you heard me correctly. Harry Reid and John McCain have gotten together to introduce legislation that would create a U.S. Boxing Commission. With all the problems and crisis in our world, this is the priority for our politicians. And you wonder why Rome (or in this case, Washington, D.C.) is burning?
Let me get this straight. Our country has over $16 trillion in debt. About $115 trillion if you add in unfunded liabilities. One state, dysfunctional California (our Greece), has debt problems wider than the Grand Canyon, and unfunded future public employee pension obligations of about $500 billion. One city, Chicago, has debt of over $108 billion (just announced by the Cook County Treasurer) and pension obligations of $50 billion and growing.
But boxing is in crisis. Something must be done immediately. Move boxing to the top of the list!
If debt isn't a big enough crisis to deal with as a top priority, how about jobs? You think that might catch our Senators' attention? Tuesday the JOLT Report was released -- an obscure but important report of job openings nationwide. We lost 325,000 job openings in April from the previous month. This is the 6th worst collapse in history. The category of “new hires” also dropped by 160,000, the biggest drop since April of 2011.
We are in severe contraction. We are in economic trouble so deep we are digging our way to China. But hey, let’s look at the bright side. Maybe we can find some jobs once we reach China.
In light of all of this, in the middle of an economic Armageddon, our Senators desperately want to add new government responsibilities to…BOXING. And get this -- Reid and McCain aren’t even the craziest politicians in the bunch.
Our president believes the most important issues facing our country are gay marriage…giving free contraception to women…adding over 1,000,000 illegal immigrants to the dog-eat-dog jobs competition…and having ceremonies at the White House to commemorate The Stonewall Riots- a New York transvestite bar owned by the mafia, where rioting broke out almost a half century ago. Oh my God.
And the best part of all…the really delusional thing about all this is not that these out of control, power-hungry, lost-their-way politicians think these issues are a priority in the middle of what is fast becoming a Great Depression II. No that’s the smaller issue.
The bigger issue is that the country is hanging by a thread at the cliff because of…these same politicians. They’re the ones in charge. They ran up the $115 trillion debt. They created this jobs crisis with the legislation they passed.
Obama turned a bad recession into a Great Depression with 60,000 new rules, regulations and mandates in only his first 3 years. Add in ObamaCare with its thousands of pages…and Dodd-Frank with over 2,000 pages…and Obama's nonstop anti-business propaganda targeting, scape-goating, punishing, and demonizing the wealthy. Voila, you have a toxic brew that brought us to this moment in time, to the edge of this jagged cliff.
And now the same politicians who ruined the world’s greatest economy have the gall to say they should be in charge of running boxing too! As if they are so talented, their expertise is desperately needed by the boxing world.
Can you even imagine the hubris?
Please keep in mind this is the same government that in the state of New York ran OTB (Off Track Betting) and that entity recently declared bankruptcy. Government can’t even make a profit on gambling.
This is the same government that has spent trillions on the war on poverty since 1966, yet there are now almost 50 years later record numbers of Americans on welfare, food stamps, unemployment, and disability.
This is the same government that has wasted over $1 trillion on the war on drugs and 40 years later the easiest place to find drugs anywhere in America is a prison.
This is the same efficient government that took a $100,000,000 legal brothel in Nevada (the only state with legal prostitution), and in one year ran it into the ground and declared bankruptcy. Government can’t even run a whorehouse and make a profit.
Just what boxing needs -- government calling the shots. This is what you call putting a one-eyed man in charge of the land of the blind.
This should be fun to watch. As a successful political pundit and Las Vegas oddsmaker, I give it 3 years before boxing is completely destroyed for good.
Three words come to mind: God help boxing.
Wayne Allyn Root is a Capitalist Evangelist and serial entrepreneur. He is a former Libertarian vice presidential nominee. He now serves as Chairman of the Libertarian National Campaign Committee. He is the best-selling author of "The Conscience of a Libertarian: Empowering the Citizen Revolution with God, Guns, Gold & Tax Cuts." His web site: www.ROOTforAmerica.com