Tuesday, February 24, 2009
Thoughts in Relation to the Economy
This entry is most notably pointing out flaws in the Democratic government. Wall St. has bounced up from its 12 year low today due to a conservative's comments regarding the economy. Unfortunately, Obama is choosing to henceforth ignore very straightforward indicators and make a speech outlining his communistic visions for America. Whenever the liberals pass one of their gargantuan economic stimulus packages, it should be of some note to them that in fact, the stock indexes drop almost immediately, which brings us to rule 1 of economics: Capitalism works. Socialism kills economies. Essentially, what we need to take away from this current economic situation is that "Republican deregulation" did not kill the economy, we are standing by while Democratic socialistic regulation ruins it. It is at this point where education is most necessary: people need to be able to realise the flaws in the liberal economic theories and revert back to the modus operandi that has worked to date: Capitalism. It is incomprehensible why the government is buying shares in companies: that is not the role of a proper government. The role of a proper government is to let those who deserve to fail fail. Because of the bailouts, our banks depreciate in value. Because of borrowing to the point where our debt exceeds our GDP, the dollar has gone south. And yet we still hear cries of "Obama"? Now more than ever, we need to hear cries denouncing the practice of the government, we need to emphasize the principles of John Locke: when a government no longer protects the rights of the people (and takes stakes in their property), it is our duty to establish a more perfect union. To establish the principles that the United States of America were founded upon: Taxation without representation takes on a new meaning at this point. The slight minority is having its rights abused by the majority. Those who do not want the bailouts cannot stop them. Is this not what we revolted against? Is this not one of the defining principles that shaped the American revolution? We can look across the sea to our ally, Her Majesty's United Kingdom, and see a liberal European state that has managed to preserve its principles and its dignity. In this liberal European state, the pound may be weak, but it is still almost twice as strong as the dollar. In the United Kingdom, America must see a model for economic success. Yes, the government has socialized. Yes, the government has passed fiscal stimulus. But Parliament has not exceeded the GDP of the people it represents. We need to look back to the United Kingdom and reign in our politicians. Mass spending is not the answer: we must not drive down our economy into a recession. By the time the true horrors that Obama is instilling take place, we will see him re-elected to those cries we know so well "Obama, Obama, Obama". To him we must ask: "Why are you destroying the economy?" "Why are you ruining the wealth we have built up over the years?" Obama may be able to speak exceptionally well, but his thinking needs revising.
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6 comments:
This is inspired
The idea of you as a blogger doesn't really surprise me in the least. Can't believe I didn't think to ask if you had one.
Anyway, you do make a good point...I'd suggest you start a discussion about it in your history class, but my guess is that certain persons will make it about hair or something equally ridiculous within thirty seconds of the topic being introduced.
Just to play the devil's advocate, you never established the value of Locke's ideology. All of your other assertions are at least somewhat supported. In general, though, quite a stellar view. I wouldn't, however, completely condemn Obama based on his economic policy.
"Catherine of Valois", I never established the views of Locke's ideology due to the underlying principle that those reading the article would understand the fundamental values behind it (I may write another post on the topic, so stay tuned). The condemnation of Obama is, in my opinion, quite justified by his economic policy, not to mention his talking the talk and not walking the walk (another entry?). The country needs a strong leader during the economic crisis, and Obama, as seen by my arguments (which you can't refute in the time it took for me to write it), is clearly not the man for the job.
This is the 21st century. You should know better than to respect your audience that much.
I'm going to have to agree with z here in that its perfectly justified to condemn Obama based on economic policy. The economy is the number one concern of the American people at this time--if a leader cannot fix the most important problem, he's a failure, no matter what he does in other areas (such as moral problems like abortion, as well as more tangible issues like war, although every issue does, in fact, affect every other issue). If he engineers world peace but leaves the American economy in the shape it is right now, I would consider him a failure as a leader.
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