Wow! Our new president has really topped himself now.
Let me give this scenario again. Say you own a business, and you have to get a business loan or your business will fail. You have a board of trustees and that board determines your salary. So, when you get the loan, not only do they expect you to pay interest, but they tell you that you can no longer have the same salary you had before. They tell you that you have to make the same amount of money as someone who runs one of your offices instead of the whole company. Would that be right?
So, here we have the government lending out money (that isn't theirs and that they don't have), and the government will charge INTEREST on the money lent, but that isn't enough. They then tell you that you have to cap the salary for your execs.
What? When did the U.S.A. become the U.S.S.R.?
Folks, the people in charge right now ARE NOT CONCERNED ABOUT THE COMPANIES FAILING. They see their golden opportunity to push the socialist agenda that they have been dolling out piecemeal for over 60 years.
It has been said by more than one Soviet/Russian leader that Western Capitalism cannot be defeated with conventional wars, but could be routed through the system of education and with careful rhetoric in the public arena. My friends, their plan has come to fruition. Just a few seeds has turned into the ultimate product for them: A president, first lady, and a congress engrossed in socialist idealism.
I would say to be afraid, but I'm beyond fear. I'm ready for change. Our new president may be right that he is an agent of change, but maybe not the change he plans on.
"Bailout"
Posted by |John| Thursday, February 5, 2009 at 6:40 AM
Labels: Bailout, Capitalism, Capitalists, China, Economy, Obama, Politics, Russia, Socialism, Soviets
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