Few people realize that President Obama’s current economic programs are straight out the pages of Karl Marx. The government now owns the majority of GM, in addition to several other corporations.
Centralized Planning straight out of the old Russian Bear days will soon become a reality in America. The White House will have control over business and have policies, and perhaps even a Cabinet position, to carry out its agenda, which of will change with each administration. Government ownership of “private” companies is no guarantee of success or of corporate survival. The FDIC only has a fraction of a penny set aside for each dollar deposited in the banks. If the 1930s era collapse happened today, with multiple banks failing at the same time, you would get nothing, though most people are reassured by the FDIC sticker on their bank’s window.
President Obama has changed the very structure of corporations in American. Some companies, such as AIG, are now labels as “too big to fail.” Are they corporations or part of the government? This will only fuel even further recklessness since the government will keep them afloat if they screw up. Such people have no accountability and companies such as AIG will shirk the consequences of their own actions, which will be paid for with your tax dollars.
American liberty is the casualty here, and further government planning and control of once privately owned and operated corporations will only erode even more of our precious liberty. This liberty was paid for in American blood and should never be relinquished, not even one drop’s worth.
America needs to wake up and realize just what is going on, hopefully while we still have some liberties left to do something about it.