Big Business Loves Big Government

Posted by skipd on Jul 3, 2009 in News, Politics | 0 comments

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."

Obama’s Industrial Policy

Posted by skipd on Apr 6, 2009 in Politics | 0 comments

Sad, but true... We are living in a SNL joke...

Is This America?

Posted by skipd on Mar 16, 2009 in News, Politics | 0 comments

“Is this America -- when you do what your government asks you to do and then retroactively you also have additional conditions?” Kovacevich said. “If we were not forced to take the TARP money, we would have been able to raise private capital at that time” and not needed to cut the dividend to preserve cash, he said.

Wells Fargo Assails TARP, Calls Stress Test ‘Asinine’ - Bloomberg.com

"Is this America?"

We have been asking this question since the un-American Hussein became The POTUS and started his agenda of "transforming" this country.

Is this America where congressmen and senators harass private companies and their CEOs for their use of private jets?

Is this America where the president and his party target talk show hosts and plot ways to shut them up?

Is this America where the presidents disses our long term allies and works to make nice with corrupt, vicious tyrannies that want us dead?

Is this America where secretary of state tells countries who abuse their citizens' rights that "there is room for improvement? Yes Egyptians use something smoother than a broomstick to sodomize your political prisoners and this country will consider that "improvement".

Is this America where hard working Americans dream big are made fun of and investigated by the government while lazy ass welfare queens who game the system are rewarded when they cry in a political rally?

Is this America where the President and his political party ram their radical agenda through congress without allowing debate?

Is this America where media accepts voluntarily its role as being the lapdog of the administration? Is this America where media acts as the propaganda arm of one political party?

I can go on an on... You are welcome to add your own.

Is this America you want? Is this America you can get used to?

Don’t Believe Barney Frank and Chris Dodd

Posted by skipd on Mar 8, 2009 in Books, Politics | 0 comments

And most importantly: Do not believe anything Obama says.

From the Inside Flap
Is Capitalism the Culprit?
The media tells us that "deregulation" and "unfettered free markets" have wrecked our economy and will continue to make things worse without a heavy dose of federal regulation. But the real blame lies elsewhere. In Meltdown, bestselling author Thomas E. Woods Jr. unearths the real causes behind the collapse of housing values and the stock market--and it turns out the culprits reside more in Washington than on Wall Street.

And the trillions of dollars in federal bailouts? Our politicians' ham-handed attempts to fix the problems they themselves created will only make things much worse.
Woods, a senior fellow at the Ludwig von Mises Institute and winner of the 2006 Templeton Enterprise Award, busts the media myths and government spin. He explains how government intervention in the economy--from the Democratic hobby horse called Fannie Mae to affirmative action programs like the Community Redevelopment Act--actually caused the housing bubble.

Most important, Woods, author of the New York Times bestseller The Politically Incorrect Guide to American History, traces this most recent boom-and-bust--and all such booms and busts of the past century--back to one of the most revered government institutions of all: the Federal Reserve System, which allows busy-body bureaucrats and ambitious politicians to pull the strings of our financial sector and manipulate the value of the very money we use.

Meltdown also provides a timely history lesson to counter the current clamor for a new New Deal. The Great Depression, Woods demonstrates, was only as deep and as long as it was because of the government interventions by Herbert Hoover (no free-market capitalist, despite what your high school history teacher may have taught you) and Franklin D. Roosevelt (no savior of the American economy, in spite of what the mainstream media says). If you want to understand what caused the financial meltdown--and why none of the big-government solutions being tried today will work--Meltdown explains it all.

TARP in Pictures

Posted by skipd on Feb 20, 2009 in Politics | 0 comments