They who can give up essential liberty to obtain a little temporary safety, deserve neither liberty nor safety. ~ Benjamin Franklin
I typically refrain from political commentary and won't get into a discussion on the current administration. I would like to address the trend in government, however. Many years ago Ronald Reagan pointed out that government never gets smaller - "a federal bureaucracy is the closest thing to eternal life in this world."
The last few months have seen the formation of several new agencies and oversight committees. This trend will almost certainly continue over the course of the year (and possibly accelerate). The feds have rescued insurance companies, banks, S&L's and now the entire automobile industry. We all heard the announcement that the feds will guarantee the warranties on GM & Chrysler cars; that they have issued ultimatums to each board; that they are using taxes to take the bonuses away from people that work for bailed-out companies; forcing mergers and acquisitions - all in the name of "need."
It used to be that when a company ran out of money, they closed the doors. Watching how well the SSA is doing does nothing to bolster my confidence in the governments ability to manufacture cars or issue insurance policies.
What we *NEED* is a balanced budget, less oversight and a president that is willing to let companies that screw themselves into a hole - FAIL.
If I wanted to live in a socialist state, I would move to the UK (sorry Andy).
My $0.02
1 comment:
o your too funny... have we forgotten that there is no sure word as "fail" in the gov dictionary. However when it come to those of us who pay our bills on time and aren't doing too terribly bad, they make our credit card rates and everything else go up in price! Wow what a concept!!!! hmmmm.. something sounds retarded.
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