Friday, February 27, 2009

Every generation needs a new revolution

And so goes the saying by one of the most famous of all Americans.

"Every generation needs a new revolution." - Thomas Jefferson

While the world we live in today is vastly different than it was during colonial times, there is much truth in the saying that the more things change, the more they stay the same.

In the 1770's, the colonists, fed up with paying taxes to a government that paid them no attention, other than to take their earned monies, revolted. It was a revolution fought with weapons and many men perished in the struggle. But revolution led to the creation of the greatest country that humankind has ever known.

Today, I see the United States making mistakes like England did back during the time of the first American Revolution. To be sure, I am not a scholar, but it is quite plain to see that today our government is not learning from the past, but rather hell bent on taking us down a road that leads to a dimmer future and a much less certain tomorrow.

Will the market rebound and will the economy grow again? Yes it will. Regardless of, and in spite of government, the economy will grow and the markets will recover.

Government can, and will, have an effect on the length and depth of our recessions and our growth phases. No free market can ever go up forever, or go down forever. Simply, there is always a buyer and always a seller. Each has a price and a risk tolerance level they are willing to accept. There have been, and always will be, times when some combination of poor management and difficult economic conditions will result in the failure of businesses. This is the natural order of such things. It is ok for businesses to fail. The survivors, who run better businesses, will be rewarded.

I think today of all of the bailouts that are going on. These are truly, and purely, political plays taken by a President paying back those that helped elect him. This is what America has become. A country in which politicians sell themselves out, in order to raise money to get elected and re-elected. Where playing the political game is more important than doing what is right. Where sounds bites and slick talkers manipulate and twist words, saying whatever is needed to make the current audience feel like the politician is on their side.

We are told that companies like GM can not be allowed to fail. Well, what if GM failed? What if GM ceased to exist? Reality is, GM has been poorly run for decades. Agreeing to bad contracts with unions and the resulting lack of innovation and quality are killing GM. Yet when times are good or before (foreign) competition, anyone can succeed. But when competition increases, and other companies make a better product for a lower price, your business is in trouble. Such is the case with GM. Does this mean I want GM to go out of business? Of course not! But if GM goes out of business, Ford, Chrysler, Toyota, Honda and any other company making cars would take GM's customers, sell more cars and trucks and be healthier businesses. The companies that make better products at lower prices would expand their businesses and grow. This would lead to job creation to offset the job losses at GM. (I am only using GM as an example)

While the private sector tightens its belt in order to become more efficient or save mo ney or ensure its business life, government continues to grow at an ever alarming rate, and the more it grows, the more it interferes in things it has no right to touch. The American people want lower taxes, smaller and less government. President Obama is undertaking the largest expansion of government in our history. The American people were and are clearly against the "stimulus" bill just signed into law. President Obama signed a bad bill anyway, because he is a socialist and wants to turn our free market country into a third world socialist state. There is nothing in the stimulus law to stimulate the economy, it is just full of earmarks paying off all the people/organizations that helped fund Obama's election. It is time that we force our government to once again be of, by and for the people.

It is time for the 2nd American Revolution! This revolution against government will not be bloody. It is a revolution based on values and ideals that we, the American people, hold as important and vital to the continuation of our way of life.

As was the case with the colonists in the 1770's, once again we have a government that takes our money and spends it against the will of the people...against our will. The elite political aristocracy is in control and they could care less about entrepreneurism, free markets, capitalism. They want to take from the achievers and give to those who will become even further dependent on government assistance. It is how they will stay in power.

The longer we wait, the more people there will be on the government rolls. The longer we wait, the more we lose touch with self-reliance and personal responsibility. The longer we wait, well, we can't afford to wait any longer.........




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