Showing posts with label Bail-outs. Show all posts
Showing posts with label Bail-outs. Show all posts

Saturday, December 6, 2008

Democrat Bail-out.

Mr Obama is carrying a 30 million dollar surplus after the campaign while many others are in debt.

I find it a bit amusing that we are electing officials to our government (especially in these economic times) who cannot balance their own budget, let alone our national budget.  I’m not a fan of campaign reform just because I believe in capitalism and freedom.  But just like everything else money corrupts and the true ideals are hidden away.  I also don’t like that our elected officials are living off donations, spending more than the donations they receive and expect someone to help them out. 

Mr. Obama hold on to your money.  It has been given to you by those who believe in you.  Just because others of your party can’t seem to manage their money does not mean they should get a bail-out as well. 

Are we going to become a Country of bail-outs or are will we go back to our roots of capitalism and freedom.  Survival of the fittest.  Let the weak die so the strong can continue to carry our great Country.

Maybe Mr. Obama should ask each of those asking for money to submit a detailed plan of how they are going to properly manage any new funds.  

Friday, December 5, 2008

Survival of the Fittest

Capitalism represents the epitome of the "survival of the fittest" theory. At least, it is supposed to. Weak companies dissolve. Strong companies flourish. That is how it is supposed to be. This is what comes to my mind when I think about the bailout of the big three.

I am also reminded of the nature shows I sometimes watch on National Geographic or other stations. I often hear the folks talking about how sad they were when they saw the lion was all alone and sick and about to die. These folks want so badly to rescue the lion from its death, but they don't. They stand aside and watch it die even though it is a difficult thing for these nature-lovers to do. They do this because they know it is more important to let life take its path, to let nature carry on its purpose.

The government should learn a lesson from these folks. In this capitalistic society that we have formed and value so greatly, each business has to fend for itself. In the end, it is most beneficial to our society when the weak businesses die off and the strong survive. This is because it is the strong companies that offer the greatest value to society. The government would be doing a disservice to the people of this nation if it bailed out weak (rescued) companies from their self-inflicted demise. The demise of the weak companies helps strong companies emerge.

Thursday, December 4, 2008

The bailout once more…

My question is.  If any one of the big 3 auto producers has a decent business model, why are they going to the government for money?  Isn’t there an investor in the world who would love to invest in this industry if it is so great.

My answer is they have a horrible business model.  That is why they are begging congress instead of independent investors.  They are bound by horrible business practices and commitments as well as being larger than they are able to handle.  Just like the airline industry did, the auto industry needs to cut back.  Yes people will lose their jobs and that is horrible.  Americans are resilient and will pull through.

We are looking at troubling times ahead and to put a band-aid on a severed artery will only limit the spurting but do nothing to stop the bleeding.  We are America.  We have been through tough times.  The sooner we fix this and take our punches the sooner we’ll be back on our feet stronger than ever.

Just remember we are here because God has given us this land.  If we continue to look to Him for guidance and mercy He will bless us.  We have forgotten Him and need to return to our roots and remember it was to God that our founding father looked for guidance in establishing a free democracy.

God Bless the U.S.A.