Steve sent me this link: Finance Firms Want Government To Buy Bad Auto Loans
I hope everyone realize what all this stuff means. It’s FASCISM. When government governs private enterprises and finance, state-sponsored control.
America has very quickly turned into a nation of fascists consumerists — and nobody hardly seems to even notice.
This means that the U.S. Government will now be in the position of controlling potentially all private enterprise and commerce. Saddling each and ever American for generations to come (assuming we last that long) with the stupid folly of every bad company in existence.
Instead of letting these megalomaniac monsters die a well-deserved death, YOU are being punished. Some of you are at fault, no doubt, but they’ve lumped EVERYONE into this mess now. Your kids will be saddled with the mistakes made by bad companies today.
Now take this further then the immediate ‘rescue’ this is being presented as. What happens when the State becomes the financier and creditor? In most cases — unmitigated DISASTER. State-ownership in private enterprise is a ripe climate for a dictatorship. It also creates incredible opportunities for invasive spying on every business, every purchase, every sale, every transaction, every customer, ie., “Big Brother” and your worst nightmare.
It suppresses innovation, entrepreneurship, and new businesses. And government competency and wise-decision making is absolutely legendary, don’t forget that.
Do Americans really want the U.S. Government to “own” everything? It would seem so. There should be rioting in the streets RIGHT NOW. Our ENTIRE government should be dragged out into the streets and tarred and feathered, IMMEDIATELY.
But I’m not holding my breath.