Friday, February 27, 2009

The Financial Reforms

To establish some basic principles that are undoubtedly common knowledge: We are in a global financial crisis. The US economy dipped 6.8% in the last quarter of 2008. Obama ran on a ticket promising change and an end to the crisis. I must congratulate President Obama: he is changing Washington. Radically. The previous use of "radically" has two meanings, in my usage: the first being that Obama has changed it drastically, and the second being that he has changed it to meet his Socialist agenda. The "Republican Deregulation" that has been so emphasized by the current administration's campaigns provided relief from the stock market crash of 2001, and it would've led to relief from the current crisis. Instead of following established capitalist principle, which, as I recall, has worked for all of recorded history, our Dear Leader has decided to embark on a path of economic suicide. Instating socialist reforms and regulations, he is changing the way America works, just as he promised. Just to point out to the liberal electorate: be careful of what you wish for, you might get it. You wanted change in American government and economic policy: you got it, and it's destroying the wealth hard-working Americans have built up for years. The most common reply I have heard when propagating capitalism is "if you were in their situation, wouldn't you want this help too?" coupled with "it's fair". Frankly: not, it's not. I see no reason why those who work hard must save those who couldn't get it through their heads that they could not afford their house, and that they should not grant mortgages to those who can't afford them. These people and these companies deserve to fail. Their own irresponsibility caused them to plummet to their imminent doom, and they deserve it. As a taxpayer, I see no reason why my money should be wasted on these professional ignoramuses, I earned my money, they should have earned theirs. These bailout plans defy the ideals of The United States of America; as it says in the pledge of allegiance: "with liberty and justice for all". As it says in the Constitution: "We the People of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defence, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity, do ordain and establish this Constitution for the United States of America. " These bailouts do not protect our liberty, they are not just, and they do not promote the general welfare or secure the blessings of liberty to ourselves and our posterity. These bailouts indebt America beyond the GDP (Gross Domestic Product), our children and our childrens children will be paying off the debts we are incurring. That does not protect our liberty or our welfare, it does not protect our children's liberty or their welfare, and it does not protect America's liberty or its welfare. These bailouts are unconstitutional, unamerican, and unjust.

2 comments:

Anonymous said...

"As a taxpayer, I see no reason why my money should be wasted on these professional ignoramuses, I earned my money, they should have earned theirs. "

XD As a taxpayer, you give me discounts at movie theaters.

All that aside, I agree with this...Obama is socialistizing America with his screwing around.

Anonymous said...

What you haven't made clear is what degree of capitalism you're arguing for. Harsh, cold-blooded indistrialism that works ten year olds to the bone and cuts off their arms in textile factories, or capitalism tempered with things such as social security, but wherein businesses are still permitted to run the economy.

Or something in the middle?