The progressive movement has nothing to do with progress(whatever that means), just like five wars Obama has nothing to do with Hope and Change(whatever that means).
The only thing the progressive movement is about is more government control...So an elite few can become even richer and more powerful.
Create a crisis = Progressives helping the poor to progress through poverty by giving them loans they can't pay back.
Exploit = Things predictably go south and only politically connected people get the bailouts and make a profit from the mess. New regulations are passed to protect these people and end competition. More too big to fail companies. What caused the problem isn't fixed, rinse and repeat.
And this is just one example.
And it's a preposterous one. I'll be the first to agree that "progressive" is a term amorphous enough to be mostly useless, and that applying standards used when the term first became popular leaves a lot of politicians short of the mark. For the record, the term originally came from reformers in the Industrial Revolution seeking progress like child labor laws and safe working conditions. They favored government regulation to achieve this for a variety of reasons, including their adroit observation that private industry was perfectly happy to hire children to work 14 hour days around dangerous machinery with no safety measures. But anyways, the idea that anyone who claims (or has applied to them) the description "progressive" is some sort of monstrous, Orwellian autocrat by default is absurd. I'm all for cynicism, but the narrow-view paranoia tinge is too much.
Fannie and Freddie did free up a lot of capital for banks by buying (though not originating, it should be noted) mortgages. It's undeniable that this was a factor in the bubble and bust of residential real estate. But is it really your position that the express intent of such action was to inflate and burst a bubble? That they somehow forced (or perhaps colluded with) private lending and investment firms to issue subprime mortgages to borrowers that couldn't possibly pay them off? With the end goal of increased government control? That the hyperconsolidation of large firms who flouted regulations at every opportunity were following in line with a progressive agenda? And that it was progressives that were the masterminds, or at leas at the helm, meaning that the scheme was theirs through and through?
It's a bold claim, to say the least. There's plenty to dislike about the bailout. There's also plenty to dislike about the toothless regulations. There's plenty to dislike about the conditions that preceded the recession, whether they contributed directly or indirectly. But to go from that crappy-ness to a cabal of Big Brothers in the making is an extraordinary leap. There is without question a body of wealthy, powerful, and influential people who are working constantly to make themselves moreso in each regard, even at the expense of most others (by the way, that can be described as "rational self-interest" if you want a libertarian-esque line). But the idea that it's only people with the progressive mantle, or even that the progressives are the driving force of all of these efforts doesn't hold water.
Food prices are spiking, energy prices are spiking, etc. So far 16 states have considered having their own currency due to what this government is doing to our dollar.
Prices are increasing in many areas. Are you saying that this is because of inflation/devaluation of the dollar, at least moreso than other factors, such as speculation in commodities? Aside from a relatively modest bump in real prices (below what the Fed would might have resisted with a rate hike 20 years ago), I haven't seen a huge surge in inflation. Perhaps you're saying that the curve accelerates so sharply under current conditions that this relatively low increase is cause for concern?
And I'm not impressed that 16 states have "considered" minting their own currency. Some states also considered unilaterally nullifying the ACA and/or seceding, and various other stupid and broadly illegal things. It's not going to happen.
This government isn't going to cut it's spending, the Fed isn't going to stop printing money and jobs are going to continue to move overseas. The writing is on the wall. (Just sit back and enjoy the ride)
I guess I'm still not seeing the crux of your issue. I'm sorry, I'm sure that you're tired of typing out explanations of this, but could you lay out for me why the government running deficits right now is so horrible (under the presumption that they will be paid down, as in the 90's) compared with slashing public expenditure? Is it that you're certain the US isn't going to recover productivity, or that you think runaway inflation will occur first, or that the loss of jobs cannot be corrected?