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Showing posts with label government control of industry. Show all posts
Showing posts with label government control of industry. Show all posts

Tuesday, December 23, 2008

An Ominous Trend

When Italy nationalized banks in 1933, “the architects who designed the system envisaged it as temporary,” she says. “It was in place until the end of the 1990s.” More recently, the Japanese government injected capital into banks to get them to lend to big corporations, keeping alive “the zombie companies that economists talk about,” she says.


Even as Hank Paulson, Barack Obama, Harry Reid, Nancy Pelosi, Barney Frank, Chris Dodd, and President Bush assure the public that the trend toward government control of business is 'temporary,' the lesson from history shows the opposite.

An article at Bloomberg entitled, 'Saving Capitalism is No Sure Thing as Statism Undermines the Economy,' presents a sobering, clear-headed perspective on the current trend against free markets in favor of socialistic concepts that form the core of centralized government control.

The problem is that history proves that such government interventionism does nothing to prevent economic distress but prolongs it.

The other lesson from history is that once governments gain such control over free enterprise they are very reluctant to relinquish that control.

Monday, December 08, 2008

Obama, Dodd Provide Glimpse of Coming Socialism

Both Barack Obama and Senator Chris Dodd (D-CT) stated on Sunday that GM's CEO needs to be replaced.

Well, hot damn!

Who died and made the great Obama and Dodd god?

Government has no business telling business who should hold the top positions in their various enterprises...that is, unless that government is rank Socialist.

The person who holds the reigns at GM is a decision made by the Board and the major stockholders. The stockholders own the company, not the government. Therefore, government has absolutely no role in dictating to a business who it should choose as its CEO.

The statements of Obama and Dodd on Sunday are merely a foreshadowing of things to come. The government has not given the Big 3 automakers a single dime of bailout money, yet they are already dictating management decisions.

Just think of what they will do once they get their foot in the door of the Big 3 with a hefty multi-billion dollar bailout--complete with enough strings attached from Washington to fly a billion kites.

Friday, October 24, 2008

'Socialized Energy'? Venezuela Suffers From It

With all of the talk of the government stake in bank ownership in the U.S. resulting from the struggles in the financial markets, Venezuelan Communist dictator Hugo Chavez stated that 'this proves Socialism (Communism) is the best way, and the U.S. needs a new Constitution.'

Well, now. Let's see how 'socialism' has worked for good ole Hugo, shall we?

It turns out that the Commie overlord can't keep the lights on in his own country!

Yet this is precisely the direction Barack Obama wants the U.S. to take--more government control, greater government stake or ownership in business (fascism), and the resulting economic consequences.

Liberals never learn. Their ultimate goal of ushering in Communism in this country is based upon an idea that is a proven loser all over the world.

Even Chavez presides over a 'third world' country although he is sitting on all that energy. What a 'role model.'

Friday, June 20, 2008

Dark Storm Clouds Gather Over America

As never before since World War II, America faces one of her darkest hours as the storm clouds gather from a myriad of sources intent on destroying the notion of a free, constitutional Republic.

The problem is that this time around, the threat is much worse.

During WW II the threat was from the outside as totalitarian forces pressed against us from both the East and the West. Europe and Japan were a formidable foe, but Americans stood fast upon the principles of liberty.

Today, however, the threat is two-fold. The threat is both from the outside and the inside.

At the same time that terrorism poses a significant threat to the stability and existence of the West, America is faced with the prospects of being forced to fight some of its own citizens who are infected with the single-headed notion of subverting the Constitution and declaring that no right is absolute or guaranteed.

Numerous free speech cases prove the point, as well as the current national debate on Second Amendment rights about which the U.S. Supreme Court will issue a decision this month.

As the nation fights for its survival on these crucial fronts, we are hit broadside simultaneously with a brazen attempt by Democrats in Congress to embark upon a course of action which we as a nation have always rejected outright as antithetical to freedom and human liberty--the attempt to nationalize the oil industry.

America was founded upon the principles of a free society. This means that markets and business and industrial enterprises are to be free. Government has never been viewed in this country as an acceptable proprietor. Rather, government has always been viewed as an impartial referee to private enterprise, making sure that all business interests play by the same rules.

Central to the concept of a free society is the importance of the limited role of government. Men and women through the centuries who sought liberty after having suffered from the cruel and inhuman oppression of powerful government insisted that the only legitimate role of government was to protect the liberties inherent to human beings--liberties that are God-given.

For government to become involved in the ownership and operation of what private enterprise can do on its own has always been considered illegitimate. When government gets into the business of proprietorship, human liberty always suffers in the end.

Yet some of the major leaders in the majority Party in Congress insist that this is precisely where they wish to take the country. They want government to get into the business of owning and operating business.

This overt socialistic notion is echoed by many in modern academia. In fact, this has been their goal since the 1960s when radicals decided that private enterprise is evil and government is good.

Not only that, but some voices within academia, in addition to a few major columnists that publish in the mainstream media, have openly called for limitations on free speech. As a member of the Canadian Human Rights Commission in British Columbia said in the Mark Steyn trial, 'Freedom of speech is an American concept and thus, I have no interest in it.'

This was in Canada, true enough. But some Americans are echoing these sentiments by stating that perhaps our country is worse off because it allows freedom of speech, and thus, we would be much better off placing restrictions upon it, just as our Canadian and European neighbors are doing.

It is not mere chance that at the very same time we face these significant threats to our very way of life, along comes a political candidate with rock star status, the followers of whom often compare to a heaven-sent Messiah.

This candidate has embraced positions throughout his short career in Illinois and the U.S. Senate that fall perfectly in line with the various schemes launched by other members of his Party to restrict human liberty and downplay the significance and preeminence of the Bill of Rights to the U.S. Constitution.

It is not coincidental that Barack Obama is bankrolled by one George Soros, the atheistic billionaire and Democrat party operative. Soros is a one-man dark cloud machine in his own right, casting a long shadow of foreboding on all that he touches. He is anti-free markets, anti-liberty, anti-Constitution, anti-Christian and Jew, and anti-American.

And with regard to Obama, Soros is the power behind the throne.

If Obama is elected, Soros will have completed at least 75% of what he set out to do--control the Democratic Party, get one of his gophers elected to the Presidency, and make sure his foot soldiers in the American version of the Bolshevik Revolution stay in power in Congress.

At that point all he has left to do is to use his comrades in the government to ram through Congress the single largest shift in ideology and policy to take place in America since founding of the Republic. And he will have absolutely no opposition from the President or the minority Party since the GOP is expected to lose even more seats in both the House and Senate.

Alarmist nonsense, you say? Just wait until you see the next installment in this series which will examine Barack Obama's ties to George Soros and extremist Muslim Jihadists, including Hamas and Hezbollah.