Government Bailouts? Lets think.
by FinanceCookies - January 28th, 2009.Filed under: Economy and Government. Tagged as: bailout, business, democracy, government, money, responsibility, socialism.
I have been hearing a lot about government bailouts in the last few months. It seems that since the recession hit all the businesses seem to think that the government has some sort of responsibility to businesses that didn’t prepare for the times they might struggle.
Okay, this is a problem and I am not just talking about companies struggling. For a moment, lets remind ourselves where government money comes from…uh it still the people right? Yeah, its still the people, the money doesn’t just appear out of nowhere. The closest thing is when we print more money, which by the way will just make things worse than they have been.
I don’t want to go there, but I do want to say the government is not supposed to be taking responsibility from the people. If there are companies that are hurting, well that’s life. Guess what were all hurting, why doesn’t the government bailout individuals?
I’ll tell you why, because that would be stupid. That would be like we are paying for ourselves to be paid and we are paying someone (government employees) to do that. I mean, I must by taking crazy pills! The government helping us financially does not help us financially.
What we are talking about is socialism vs. Democracy. If we want Socialism lets rewrite the constitution! Let us be America! Opportunity does not mean others fixing your mistakes. Really!
P.S. If we bailout the porn industry I am moving to Canada or Italy. Their governments don’t pretend to be something they are not!