Greetings Comrades!
I’ve been thinking a lot about the state of our economy. I must say, I’m not very optimistic. I’m very angry with the politicians in Washington right now. Given the economic circumstances that our country is facing, spending money to save failing companies that then turn around and spend hundreds of thousands of dollars on retreats is just complete stupidity in my opinion.
In his Communist Manifesto, published in 1848, Karl Marx proposed 10 measures that were to be implemented after the proletariat gained power. The purpose of this was to centralize all instruments of production in the hands of the state. Measure number five was to bring about the “centralization of credit in the banks of the state, by means of a national bank with state capital and an exclusive monopoly.” Let’s all give communism a great big welcome to the United States!
The government bailout of the financial sector is a bad idea. No politician that voted for it will ever get my vote again because it goes against everything this country stands for. Plus, how can the idea be so bad that the House voted against it one day and then overwhelmingly voted for it then next?
Oh, and let’s not forget the porked out unconstitutional crap sandwich that the Senate passed, then sent on to the House. Section one article seven of the U.S. Constitution states “All bills for raising revenue shall originate in the House of Representatives”. I’m not a constitutional lawyer but this whole thing seems pretty illegal to me.
Nobody wants to relive the great depression but years of bad economic policies, bad business decisions, and corrupt and greedy executives and politicans have led us to this point. The taxes that are going to have to be levied in order to fund this bailout will probably help some firms survive, but they will siphon off capital, kill jobs, and make other businesses less productive.
As if this all wasn’t bad enough, now there is talk of implementing a one world currency and a global bank that makes the decisions. I hope you like potatoes.
bad business decisions, centralization, Communist, economic crisis, great depression, House, Karl Marx, Manifesto, proletariat, U.S. Constitution, United States, vote, Washington
Current Events, Politics | 
Jeremiah | 
October 9, 2008 10:34 am | 
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One thing that separates democracy from capitalism is responsibilty. As long as we citizens as a whole claim responsibility and look to ourselves for answers instead of government we will be ok. People were expecting an immediate upswing after the bailout. It just means more credit will eventually make its way into the economy. That is not what we need. I have lots of thoughts on this subject.
I’m interested in hearing more of your thoughts, Josh. I think that you should post them on your blog or you can feel free to share them here.
I agree though about responsibility. I keep telling Holly that a lot of the things that the government is trying to do don’t fall under their responsibilities granted by the Constitution. As a society, we need to accept responsibility for for those things that we need to and let others do the same.
What? You want people, governments and businesses to be responsible? Now you are asking for too much.
I agree that responsibility needs to come forth from a lot of people on a very wide variety of subjects. This latest economic pitfall (which was 20 years in the making, thus I won’t be voting for ANY national incumbent which includes the Republicrat and Demoican presidential candidates) is just one example on how irresponsibility is rampant in our country.