Bailout

The contrived “sky is falling” outcry from the politicians to rush through the “bailout” package was nothing more than another way to move us to the left. When government takes even a part ownership in a business, that business will be directed, at least in part, by the government, and socialist governments run the businesses. It was the government’s demand to lenders, directing them to write loans to those who couldn’t afford it, which led to the downfall of Freddie and Fannie. The “sky is falling, world is ending”, crisis has given the government opportunity to overtly interfere in private enterprise. As of now, dozens of private businesses are asking for help and they will surely get it. According to USA Today “Barack Obama has made it clear that he favors supporting the auto industry and more economic stimulus”. More stimuli being “giving” money to whoever comes asking for help. It’s no coincidence that a socialist politician wants to make private businesses beholden to government largess.

It’s kind of like when the federal government takes our taxes, skims off a portion, and “gives” it back to the states, it always comes with strings attached. This is an overt way of abridging states rights. Like if you want federal highway funds you have to have a 55-mph speed limit. First they made the states dependent on Federal money then told them you can have a 65-mph speed limit if you want, but you won’t receive Federal highway funds if you do. Private business, watch out, your turn is coming. Goldman Sachs said in a note to clients. “It’s conceivable use of the remaining funds could come with more congressional strings attached,”

In a brazen twist, USA Today wrote; “Treasury Secretary Henry Paulson said Wednesday that the government will no longer buy troubled assets from bank balance sheets, the original intent of the (bailout sic.) legislation, and will mainly focus on injecting money into the financial sector”. Remember, if you want to find out who is in control, “follow the money” once the government has it’s paws on the financial markets bureaucrats will control the money!

Barack Obama rode to election on the backs of taxpayers whose “patriotic” contributions have been used to create a large bloc of voters hooked on government dependency and social programs. Such dependency is designed to favor big government social reformers like President elect Obama, and relect like minded legislators.

Now that these legislators have created enough voter dependency on government handouts to render the opposition nearly powerless, they are planning to do the same to private enterprise and replace Capitalism with Socialism once and for all.