Is Capitalism Alive or Dead? is Washington the Next Moscow?
I have one question. Is Capitalism alive or dead in the United States? Is the free market socialist that we claim to have and live in really a mask for a socialist or one day communist society?
Well after the action by the federal government over the weekend taking over Fannie Mae and Freddie Mac I must conclude move over Moscow there is a new socialist regime in the world and it is the USA.
Was this action a form of greed or a desire for more power over our society by Washington so that they can have a new reason to raise our taxes to cover shareholder losses as well as so that we can bail out greedy homeowners who bought more house or financed all their toys on their house because they thought they can afford it? Probably yes to both.
Why doesn’t the government just take over all of the financial markets since that is what it is slowly doing every 6 months? All the banks, all the investment firms, all the lending companies and while we are at it lets do the same to oil and farms.
This notion of the housing market getting saved because the federal government’s intervention is just a pipe dream; it is a perception that everything will be ok. Well it won’t. Not until people have money again and can afford mortgage payments or even food.
The problem is that we are so damn materialistic that we want and want and want that our greed has now tied our hands and has forced big brother to come in and take over. You all complained that you did not want it but you are not even responsible enough to take responsibility for your actions and deal with your consequences.
First you say “Stay out of my business government, Banks you should lend to me with out me having to prove anything because I am an American and it is my right!” It is my right to be in debt. The when you are in trouble because you overextended yourself which no one forced you to do but you cry to Uncle Sam for help. No wonder the rest of the world hates the people of this country. Live beyond your means, deplete all other countries of their natural recourses, and woe is me because I cannot afford the new IPod as if you ever needed one in the first place.
America you created this mess and you need to deal with this mess!!!! Are you up to the challenge?
(ArticlesBase SC #553752)
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