02-12-2009, 03:40 PM
mongoose65 Wrote:I'd love to agree with these quotes but they are sweepingly general and not correct. The "ones who earned them" have manipulated the system to their benefit and due to greed and lack of foresight, they have created a quagmire that "we, the people" lib, con, indy, whatever divisive label the narrow minded apply cannot get out of without gov't. intervention. It's a sad reality.
Am I for the stimulus pkg. as it stands? No way. Giving a gov't addicted to spending and averse to responsibility more money is insane.
On the other hand, there are some targeted areas where we MUST spend and I don't mean entitlements. Stem cell research, alternative energy development, the broken medical and insurance industries. We MUST break the stranglehold big oil has on this country. We MUST get away from Bush's "religious right" pandering over technological and medical research. America needs to LEAD the world into new technologies and EXPORT these or we will never maintain the quality of life we desire.
Capitalism would work if left alone, but unfortunately it WASN'T left alone. Financial investment vehicles were created that did not reflect true value. The gold standard is long gone. Ponzi schemes pass as legitimate investing. Wall Street has no basis in reality and is now a glorified casino with many card counters and sharks manipulating the game.
Some intervention is due, but the money must be watched like a hawk. As though it was your or my business or livelihood at stake. The gov't is just incapable of functioning that way. They just cannot be accountable and the companies lined up for a handout cannot be trusted to "do the right thing."
It's a sad mess we're in. It will get better. It always does, but someone has to step up and do the right thing. Unfortunately, Obama seems to be more of the same.
Ron Paul would have been the better choice.
I agree with a lot of what you said. Capitalism works if left alone! It wasn't and now we're are seeing the fruit. I think that our nation would be better off in the long run if we got rid of the federal reserve, had a president willing to cut taxes and tell the people to grin and bear for a year maybe 2. That is not going to happen. If only I were....