-
Friday, October 10, 2008
No Company Left Behind
The newest attempt of the Bush administration to make sure that nobody feels like they are any less important than anyone else is the economic bailout. We cannot allow any student to fail because that would lower their self-esteem and make them feel like they aren't as much of a person as the one who passed. Now we cannot allow companies to fail because then the free market that we set up wouldn't be able to correct itself. Sorry Lehman Brothers, you guys flunked out before we were able to pass this landmark legislation. We are setting up a very dangerous precedent. What will stop a restaurant from asking for federal money when they start to go under. What makes the any less deserving of the money than AIG? That's the problem with federal money and federal legislation: it has to be fair for all, not the liked. An individual company can choose to loan out money to whomever they want because it's their money. But the government is not private, it's public. I wish I would have been able to vote for something this large. I also wish that we were allowed to vote on a lot of things. So much for democracy. I guess I, along with Washington, missed that day of class and was passed through to keep up federal funding.
Subscribe to:
Post Comments (Atom)
If we got to vote on everything, then this truly would be a democratic economy...unfortunately, some say we are more a Republic than anything...which is indeed unfortunate because it gives certain people the power to do almost anything without the people's judgment.
ReplyDelete