Friday, January 30, 2009

BAILOUT SURPRISE?

The President is incensed by the massive size of the financial community's bonuses for last year. 

WHY?
Most of last year the financial community made do without the stimulus money,  so whatever a company does with its resources should not be open to government question or intervention. This statement should be true in a Capitalistic, free market and free country. 

The policies of a Company in a free society should not be materially limited by the government even if the company benefits from government financial support. Of course, in the free society, the government should not be doling out money to a company with no expectations of a return (except for goods or services provided to the government).

The trend to provide tighter regulation and control of all aspects of our existence will continue in this Country, because the government is trying to change the nature of the so called free enterprise system. We are fast becoming a Socialistic or National Socialistic country which is quite close to becoming a totally controlled state similar to the old Soviet Union. Free enterprise along with free speech and unfettered travel is (seems to me) in serious jeopardy of becoming extinct. It may take a little longer than today, or tomorrow, or in the next four years, but, it is coming. This Country needs a real change in direction.

1 Comments:

Blogger JonesGardenBlog said...

Amen, to all points.

2:08 PM  

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