The Government Takeover and the Demise of Capitalism

“The American people will never knowingly adopt socialism. But, under the name of ‘liberalism’, they will adopt every fragment of the socialist program, until one day America will be a socialist nation, without knowing how it happened.” - Norman Thomas, U.S. Socialist Party presidential candidate 1940, 1944 and 1948

Over the last week, I have read the news, but I have been too angry and too sad to know where to begin in my post. I still don't know where to begin, but I will anyway.

I could talk about many things this week. This week we have Sotomayor being nominated despite her dismal record of being overturned the majority of the time in higher courts including the Supreme Court, despite her racist and sexist statement, and despite her open statement appearing to support policy-making from the bench. This week we have North Korea testing our president just as Biden said he would be tested during the election and our enemy is within reach of having a nuclear missile capable of reaching our soil. And this week we have Obama's administration once again offending the British and upsetting Israel even while he seems to apologize to and court our enemies.

But what has inspired me to write this post is none of the above issues, even though I could write volumes on them. What inspired me was the whole GM/Chrysler debacle. I am sick over this. Our government is all too tied up into this mess. First, the government is going to own much of the company. This is disgusting in my opinion.... but lets put that aside and look at how else this mess is being handled. Second the controlling interest, thanks to the government, is being given to the UAW... and NOT to the creditors and investors that put the money into the company over all these years. OH NO... lets not give ownership to those who pored money into the company... who bought ownership... lets give it to those who destroyed this company. Why? Well, because, they are the backers of Obama. Oh yes... that will inspire people to invest in the company.. NOT. Dealerships are being closed although logic seems to say more people selling your goods is always a good thing... and not surpisingly it seems those with Republican ties are being most effected by the closings. You can read more whole situation and about dealergate at Nice Deb.

Mark Levin has said this is dictatorship in action... others have called it being a bully or ganster mentality. All that may be true, but I see socialism. Socialism in almost every aspect of Obama's decisionmaking. And socialism in this government and union takeover of a private company.

The government size, scope, and control has grown dramatically since our new President came into power. Undoing this mess may prove impossible. Our debt continues to grow, larger than predicted because we have to sell bonds at a higher level than anticipated. Funny how that works. We have so much debt that we can not find enough buyers eager to buy into our failing economic system. We are printing money. I do not believe that we are going to see the end of this any time soon. And the next generation will have to pay for this... so they surely will not see the end of it... ever. They will have to live with this mess forever... heavily burdened by the debt we have piled on thier backs. Meanwhile, the march towards socialism goes forward in every way.