When a Slippery Slope Becomes a Free Fall
Monday, June 1st, 2009Given the real-world results of every socialist scheme ever forced upon a society, is anyone surprised by the failed attempts by our brilliant bureaucrats to “bail-out” the domestic auto industry?
Our current administration now states that it is in the best interest of our country to let market forces determine the fate of General Motors and Chrysler. If this is the case, why couldn’t they see this obvious fact BEFORE throwing BILLIONS AND BILLIONS of tax-payers’ money at these diseased carcasses!
An extremely poignant article today on SmartMoney.com titled “Uncle Sam’s Heist: Deficit Spending and Inflation” points-out that (whether we like it or not), you and I will be paying for these catastrophic bail-out attempts. The article also correctly identifies that you and I had nothing to do with our current economic situation by stating, “Private citizens and corporations don’t cause inflation; only government has the power to destroy the purchasing power of millions of its citizens without as much as laying a finger on their checking accounts.”
As conveyed throughout this site, the Constitutional purpose for our government is to protect our country’s national sovereignty, protect its citizens from other citizens, and create laws to maintain these protections. I highly recommend that you read this astute article from SmartMoney to see how far our current administration is from the ideals put forth by our Founding Fathers.