Friday, January 16, 2009

A Tipping Point for Capitalism" via Government Healthcare

Are we, the American people being "bored into submission and indifference" regarding our relentless march to socialism by the constant prattle that government knows best how to cure what ails our economy? (Forget that it was Freddie Mac and Fannie May, birthed by the government, that started our descent into financial hell).

We have been "gliding" slowly but surely toward socialism over the past several decades but Obama and Washington are accelerating the pace. Contrary to what your politicians will say it is not Capitalism that has caused these problems it is your US of A government meddling in the market that has us all spiraling toward the abyss. If government takes over control of our health then we can kiss free America goodbye...we will be another socialist state like the Europeans.

For most of our nation's history, our approach to economics has favored enterprise, self-reliance and the free market. While the American economy has never been entirely laissez-faire, we have historically cared more about equality of opportunity than equality of results. And while Americans have embraced elements of the New Deal, the Great Society and progressive taxation, we have traditionally viewed welfare as a way to help those in dire need, not as a way of life for the middle class. We have grasped, perhaps more than any other nation, that there is a long-run cost to dependency on the state, including an aversion to risk that eventually enervates the entrepreneurial spirit necessary for innovation and prosperity.

This outlook, once assumed, is now under attack due to a recent series of political and economic events.

The first is the unprecedented intervention by the federal government, in the form of a $700 billion relief package...

Nonetheless, the consequences of this undertaking are enormous. Not only has the size of the expenditures been staggering -- there is talk of another stimulus package worth an estimated $825 billion -- but we are witnessing a fundamental transformation of government's relationship with the polity and the economy (READ MORE at WSJ - Beware of Government Big Tipping Point).

Theodore Dalrymple has a great passage in one of his articles describing an "educationist'" who declared at a meeting about the harmful effects of forcing disadvantaged ethnic children to read and write.

  • Why do I spend so much time arguing against such obvious rubbish, which should be both self-refuting and auto-satirizing the moment someone utters it? Why not just go and read a good book?

    The problem is that nonsense can and does go by default. It wins the argument by sheer persistence, by inexhaustible re-iteration, by staying at the meeting when everyone else has gone home, by monomania, by boring people into submission and indifference. And the reward of monomania? Power
    . (
    READ here).

YES INDEED, REMEMBER THAT WHAT MOST OF THESE POLITICIANS WANT MOST IS POWER - how better to get it than to turn us toward socialism, where all are dependent on the government for every need and every want. Yea! Power to the government!

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