As long as profit lives, life will take second place
Quote:
Originally Posted by iamwhatiseem
The taxpayer bailout will equal at least $1 trillion... a figure that this country unarguably cannot do without creating worse havoc than without it. The bailout is up to $500bn right now - it will at LEAST top $1.5 tn
Folks this is socialism to a scale that is BEYOND Hugo Chavez when he took over the oil industries.
America is no longer resembling a Representative Democracy, it is becoming a socialist state...for NO other style of Gov't would take this kind of tax dollars and bail out an ENTIRE industry, an industry that is the bigger part of our entire economy.
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I post these thoughts in total sincerity. Absolutely no sarcasm intended . . .
There is a huge portion of the world's population (maybe a majority) that feel that before anyone makes any profit, everyone's basic needs should be met. This means they should be housed, clothed, fed, educated, and health care provided. Until those basic needs are provided, no one deserves a dime of profit.
We in the United States are moving from a productive class of workers to a leisure class society as a whole. To live the high life we need someone else to pay for our excesses. Instead of direct pay, we have invented a neat way to defer payments. We throw it all on the "Government". Someone else funds our retirement (Soc. Sec.). Someone else pays our medical during old age (Medicare). Someone else pays for our kids schooling (the property tax system).
But the price for all this is government control. If you like government freebies, then don't complain when they take over your life.
RJ