It occurred to me last night as I boiled with frustration over the current policies coming out of Washington that Socialism works when you have a population of citizens who don’t know and/or don’t care…I am quite afraid that is the United States today.
Just so you know (here is a simple analogy): President B.O. has found a pile of money (US tax revenues) and, rather than paying down debt (a proven method to grow wealth), he is loading it all into a long shot penny stock (a stupid risk to grow wealth). While once in a million times this turns out OK, history has proven the overwhelming amount of time it does not. The great majority of Americans would never do this with their own finances. Yet, we are happy to see the proven criminals and failures in Washington go after this on our behalf. Yippee!! Go get ‘em guys!
Just so you might care: President B.O. is not only being financially fanatical, his administration is using this crisis to further the reach of government. Do you really want the government to be able to decide if a business is financially sound enough to do this and do that? Do you really want the government to decide how much in bonuses CEOs, employees, etc., should be paid? Do you really want the government to levy a 90% tax rate on executives simply because we are all emotional and angry? I hate the bailout abuse and greedy CEOs more than anyone, but do I want government to get its grubby, corrupt fingers into these aspects of life and business? Not at all.
Please wake up America, I have kids that I love dearly…
