Everywhere we look we see the great and once-great beneficiaries of free markets running to the state for protection from the cruel bullying of competition. On health care, insurance companies and others repeat the mantra that they want to be “at the table rather than on the menu,” all the better to be positioned as a tax collector of the welfare state. General Motors and Chrysler have gone from being pimped-out prostitutes of the state to outright chattel more akin to the leather-bound gimp in Pulp Fiction, eager to do the bidding of the president and the UAW.
Once-proud companies like GE have become seduced by global-warming schemes because they recognize that there’s more money to be made selling white elephants to Uncle Sam than there is selling competitive products consumers want. Indeed, cap-and-trade taxes promise to deliver precisely the protectionist industrial policies the Left has dreamed of for decades, only under a “progressive” label.
Et Tu, Big Business? By Jonah Goldberg - NRO
Can you blame the big business?
Who is corrupting them?
It is the Big Government!
Look how well Chrysler and GM fared under government sponsored bankruptcy...
Look at the big businesses salivating over the possibilities of raking in millions if not billions when this so-called cap-and-trade crap becomes a law.
It is much easier to collect government giveaways than competing in a free market.
Jonah Goldberg defines what is happening as American businesses "selling their soul" and their betrayal of "free markets". He is absolutely right but these businesses who sold their souls are no longer the "American Businesses" that survive and thrive in a competitive free market by inventing and innovating. They became government owned corporations. They are turning into bureaucratic organizations that are doomed to fail but the government will keep them running with tax-payer money. Government and these corporations will feed off of each other. Think of Fannie Mae and Freddie Mac folks. Think of all the people who ran them to ground. Who were they? Cllinton cronies of course... How did they fare personally while they ruined these organizations? They are all multi-millionaires. Anyone asking them any questions? Heck no! They are well connected and protected. They used tax-payer money well by giving it as campaign donations to the politicians who in turn protected them. What do you think will happen when Government Motors can't compete even after devouring billions of dollars of tax-payer money and stiffing its creditors thanks to a government arranged bankruptcy? It will ask its owner the government to limit competition. You don't believe me... Bookmark this page so you can come back to read it again when you hear within a few years your elected representatives are voting on another bill they did not bother to read that contains things that will make Honda, Toyota and other foreign car companies' operations in the USA costlier and more difficult.
The point is that these big businesses that "sell their souls" to the big government of president Hussein and liberal democRATs are already self-destroyed. They are no longer capitalist enterprises. They are doomed to fail in a free market. They are part of the government. They are owned by the government. And the government that owns them willingly abandoned the principles this country founded upon. We can no longer call the government that is run by Obama and liberal democRATs "American Government". They just turned this country into a marxist regime that is doomed to fail eventually. I hope it does not take decades.
"Let the American youth never forget that they possess a noble inheritance, bought by the toils, and sufferings, and blood of their ancestors; and capable, if wisely improved, and faithfully guarded, of transmitting to their latest posterity all the substantial blessings of life, the peaceful enjoyment of liberty, of property, of religion, and of independence. The structure has been erected by architects of consummate skill and fidelity; its foundations are solid; its compartments are beatiful, as well as useful; its arrangements are full of wisdom and order; and its defences are impregnable from without. It has been reared for immortality, if the work of man may justly aspire to such title. It may, nevertheless, perish in an hour, by the folly, or corruption, or negligence of its only keepers, THE PEOPLE. Republics are created by the virtue, public spirit, and intelligence of the citizens. They fall, when the wise are banished from the public councils, because they dare to be honest, and profligate are rewarded, because they flatter the people, in order to betray them."
A Familiar Exposition of the Constitution of the United States
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Joseph Story was a U.S. Supreme Court Justice from 1811-1845, and this is his classic guide to the U.S. Constitution.
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