Democracy Versus the "Zombocracy"

Founder Bill Bonner

Poor Mitt Romney. Everyone is on his case. He can't run a campaign. He can't stay "on message." He doesn't even have a message.

We usually rise to the defense of hopeless schmucks. But today, we will make an exception. We'll get on Romney's case too.

But our beef is different than all those kibitzers fulminating about his "gaffe." We checked the transcript. We didn't see any gaffes. The mistake we saw is that he came dangerously close to the truth, something that is strictly forbidden in political circles.

Our beef is that he didn't know a good talking point when he had it in his mouth. And that when he'd gotten it out and everybody got huffy about it, rather than standing up and defending himself, he hemmed... hawed... and said his remarks were "inelegant."

The man had an opportunity to stand up for something. He had an opportunity to open a real discussion of how the country could avoid disgrace, dysfunction and bankruptcy.

He should have seized it. Instead, he ducked and dodged.

A Ghoulish Economy

It's too bad. Romney should have ditched the phony war on terrorists... and declared war on zombies.

How come the federal government runs such big deficits? Too much money goes to zombies.

How come the average working-class fellow can't get ahead? Too many zombies have their hands in his pocket.

How come the economy is dead in the water, instead of steaming ahead? Because it is overladen with zombie programs, zombie banks, zombie ideas and zombie organizations.

How come people aren't starting new businesses and hiring people the way they used to? Too many zombies telling them what to do and how to do it.

It could have turned into a real debate -- on the virtues of democracy versus zombocracy. We all like to believe we have a real democracy. But practically every important spending program has a ghoulish look to it.

Most of the spending -- Social Security and Medicare and Medicaid -- goes to take care of shuffling old people. And borrowing and money printing cover nearly one-third of it. These are bills -- from beyond the grave -- that future generations will have to pay.

Living on Stolen Money

We don't claim to have all the answers... but that would have been a conversation worth having. Mitt Romney had a chance to pose an essential question: how to stop the zombies from destroying America. Too bad he didn't want the answer.

Trouble is, the zombies vote... and there are a lot of them.

Many of Romney's top supporters are zombies too. Raytheon, General Dynamics, General Electric, Boeing and Blackwater -- take away the zombie war on terror, and you take away a big part of their revenues.

And what about all those farmers in the Midwest? They're in Romney's pocket too. But take away the cornpone legislation requiring ethanol to gum up your engine, and what happens to the price of corn?

What we want to know is how many live on what is, in effect, stolen money? How many work for the feds -- regulating, controlling, pestering, bothering? How many get disability? How many get food stamps? How many produce bombs and boondoggles?

We don't know. We don't even think it is possible to calculate. Because government employees -- even federal employees -- do a lot of decent work. Well, we can't think of any right now. But we've seen Baltimore City workers occasionally filling potholes. And the cops can be useful from time to time.

For every three people getting money from the feds, two are probably zombies. We don't know.

There are the makers and the moochers. Romney should have come back fighting... declaring himself firmly for the makers.

That would have left President Obama with the moochers... and probably with the White House.

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