Slipping into Socialism

First off, lets get one thing out there. The American people have developed this attitude that when a problem arises it is the job of the federal government to fix it immediatly. This philosophy of the cult of the omnipotent state has permeated the electorate of this nation like a plague. There was a time when this nation's policy was based on simple foundations like liberty. Now, we have moved into a method of reaction. The faith in liberty which once kept us calm in times of crisis now had been replaced by an panic and outcry to the government to fix everything for us. We beg Uncle Sam to save us from ourselves by making drugs illegal, stoppping us from smoking, and forcing us to wear our seatbelts. It is this kind of regulation in business, economy, and our personal lives that has created many of this nation's problems that we are now crying out to the government to fix for us. It seems odd to me that if a person takes their car to a mechanic over and over and the car keeps getting worse they take it to another garage, but when the government keeps dropping the ball we go right back to have them fix the problems they casued. The recent economic crisis caused by the FEDs dramatic slashing of interest rates, the debasing of the dollar, and the government proping up Freddie and Fannie for years has been "solved" by the creation of TARP. The Troubles Assets Relief Program gives Treasury Secretary Henry Paulson far more power then he was ever intended to have. Congress appropriated 700 billion dollars for this program to bail out troubled lending institutions. This program was created under the guise that the money would be used to buy up defalted mortgages. Now, Paulson says this money will be used to buy massive amounts of stock in failing companies to flood them with money. This, in effect, will make the federal government part owner of all the countries major lending institutions. There are problems with this.

As you will all learn of me, I believe in principles. There is a word for the Government owning business. That word is Socialism. Is our political memory so short that we do not remember the years our young men died fighting socialism and communism? Now we beg the government to take ove the education of our children, our medical care, our economy, and our lending institutions. Now, Dems are begging for money to bail out the auto industry! Does no one care that this is YOUR MONEY? Does no one care that a once free nation is plummeting into socialism. This nation was once the most prosperous on the planet. We became the premier superpower on this planet under the protective umbrella of liberty and a free market. Now, our freedoms are dissolved to nothing and the market is anything but free. If a business takes part in bad business practices they should fail and make way for those who have dedicated their lives and money to good business practices. When we bail out the businesses that are in trouble because of bad business practice we perpetuate these bad business practices. The government is here to protect the people. Not to give out guarentees. Freedom gives you a chance, not a guarentee. Okay, so we raised FDIC by more than double. Great! Inflation had made the $100,000 protection chump change. We cannot sit out a abide by the federal governmetn giving out billions of dillars of OUR MONEY.  We cannot abide by this nation, that was once free and prosperous, slipping into the failed system of socialism. We must begin to not only ask the question what should the government do, but we must ask should the government do anything? Markets peak and valley. It is just the way it is. When the federal government tries to control a force of nature, like an economy, the peaks and valleys only get bigger. Sorry AIG, you made your bed, and its bed time for you.