The Rush to International Socialism
In case you haven't noticed, there's a mad dash to socialize the financial markets. It's happening internationally as well. We may be approaching the point when we owe the "whacked out conspiracy theorists" a major apology. Check out this piece from The Scotsman.
Here's how it goes; Big Govt creates a problem and that problem grows and compounds itself due to continual Big Govt interference to rectify said problem which only exacerbates the problem to the point of insurmountability. Ultimately the problems fester exponentially to the point where Big Govt "is forced" to bail out (read, take over) any given institution or business.
Hence you have the modern incarnation of Big Govt induced socialism. They now own the primary financial institutions.
They've quietly bailed out the auto industry last week to the tune of $25 billion, a mere pittance compared to the Wall Street/Fannie Mae/Freddie Mac bailouts.
The airlines will probably be next unless oil prices remain low.
Watch out, America...Big Govt is on the prowl to take over, er, bail out big business, small business and anything else they will be able to control and confiscate because they've made it next to impossible to do business due to confiscatory taxation, over regulation and the omnipresent threat (or promise) of litigation from leftist organizations (can you say ACORN or ACLU or Green Peace?) and out of control regulatory agencies such as the EPA.
While Big Govt blames everybody but itself for the economic woes, no one is posing the possibility that the markets could be plummeting because of the abject fear that Obama may very well become the next president. If that happens, grab your assets as you watch the market bottom out. Then Big Govt would have to take over EVERYthing.
"Happy days" won't be here again if the dems win next month. It will be the beginning of the end for this once great country.
The brave new world is here and we let it happen!
Here's how it goes; Big Govt creates a problem and that problem grows and compounds itself due to continual Big Govt interference to rectify said problem which only exacerbates the problem to the point of insurmountability. Ultimately the problems fester exponentially to the point where Big Govt "is forced" to bail out (read, take over) any given institution or business.
Hence you have the modern incarnation of Big Govt induced socialism. They now own the primary financial institutions.
They've quietly bailed out the auto industry last week to the tune of $25 billion, a mere pittance compared to the Wall Street/Fannie Mae/Freddie Mac bailouts.
The airlines will probably be next unless oil prices remain low.
Watch out, America...Big Govt is on the prowl to take over, er, bail out big business, small business and anything else they will be able to control and confiscate because they've made it next to impossible to do business due to confiscatory taxation, over regulation and the omnipresent threat (or promise) of litigation from leftist organizations (can you say ACORN or ACLU or Green Peace?) and out of control regulatory agencies such as the EPA.
While Big Govt blames everybody but itself for the economic woes, no one is posing the possibility that the markets could be plummeting because of the abject fear that Obama may very well become the next president. If that happens, grab your assets as you watch the market bottom out. Then Big Govt would have to take over EVERYthing.
"Happy days" won't be here again if the dems win next month. It will be the beginning of the end for this once great country.
The brave new world is here and we let it happen!
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