Good grief! What does government have to do with refrigerators? Nothing! Thank goodness. It has been said that a camel is a horse designed by a government bureaucrat. Just imagine what a Ford or Mercedes would look like if designed by government. Or a refrigerator maybe. It would cost a fortune to buy, wouldn’t keep things very cold, would break down constantly and use a lot of current. Imagine any appliance, TV, or cell phone being made by government, and you will get the vapors even thinking about it. Government has invented NOTHING, and screws up everything it touches. Disagree? Stop reading this now.
If you agree, and want everything you use and buy, to be made by private enterprise, and especially American private enterprise, continue reading. (Before we continue, please remember that the Japanese, Chinese, Koreans, and Chinese are wonderful copiers and patent stealers. After WWII, the Japanese bought a Leica camera, and copied it in every detail. They named it “Canon.”. The Chinese, with their cheap labor and mass sales, thanks to ’big box’ stores, have invented nothing. They just copy American and German expertise, and make it cheap. Same with Mexicans and Koreans. I admire the Koreans who suffered greatly during WWII at the hands of the cruel Japs, but their cars and TV sets were not invented by them. Only manufactured by them. Try to think of a Muslim who has excelled at anything other than violence, and you will be at a dead end.
If then, you don’t want government making your refrigerators and autos, why allow them to mess with, and control your finances?
Throughout our history, there have been stock market setbacks, as well as business ups and downs. There have been bankruptcies, and buyouts. There have been all sorts of economic situations, where some lost and some gained, as is typical in a free market system. But none have equaled what has happened in modern times, such as the ’great depression,’ and current housing bust.
Look what a mess they have made with the housing industry, just as an example. Before the Federal Reserve, HUD, Fanny, Freddy, FHA, VA, etc, homes were bought by those capable, with good credit and a job, and financed by a bank or similar institution, usually with a 20% down payment, or with a really good applicant, a 10% down payment. Interest rates were as the market dictated, and were not influenced by a bureaucrat or thousands of bureaucrats. Foreclosures were rare, as only qualified people could buy and borrow. Neighborhoods and dollars were stable and unchanging. Millions and millions of homes were built, financed by the above system, and wonderful neighborhoods with long lasting friendships were formed. Then, politicians and government got involved, and there’s been hell to pay ever since.
First it was the Federal Reserve, which is neither federal and has no reserves. It was sneaked in while most of Congress was away for vacation, and it caused the Great Depression of 1929. We got out of that one by getting into WW II. Since the end of the ’great war,’ we have had other unconstitutional wars, a Savings and Loan scandal, and the current housing crash, which has cost innocent Americans billions of dollars. Politicians forced loans to be made to the unqualified, and so many homes were sold, that prices escalated. Then, it was discovered that homes were not only over-priced, thanks to politicians’ orders, but millions should never have been sold homes in the first place, because they were un-qualified. Presto! Home prices went down by as much as 50%, and innocents were harmed. Government, then tried to help what it caused, by making interest rates lower, printing hundreds of billions of paper dollars, and forming lots of bureaucracies to deal poorly with a situation they created in the first place.
There were so many foreclosures, that the original deeds could not be produced. Why? because financial institutions bundled them and sold them as “AAA” value, and they were no such thing. Then AIG, which had insured the bundles, went bust because of the claims made on them. And it goes on and on. Who has the deeds? Who knows? Now, more bureaucracy to keep the financial institutions honest, which became dishonest because of the easy money made available because of politicians and government.
That’s only a partial examination of the housing industry, which has been totally corrupted by government and politicians. The very thing we deal with every day, is in pitiful condition, and that is the dollar. The dollar used to be a savings device, as well as a purchasing device. They were backed by gold and silver, and even the coinage was silver and copper. The last copper penny was made in 1982, and has three cents worth of copper in it. The nickel is the only coin left with any value in it, and it supposedly costs seven cents to make a nickel, because of its metal content. Just think of it! A quarter, made before 1964, is now worth $6.25! Billions of unbacked paper dollars are printed each week, and put into circulation. The fed says there is only 2% inflation, but it has to be at least two to three times that, and it can only go higher, the more that are printed.
Why do we put up with it, and what’s there to do? You can only protect yourself, and that is by getting out of their dollars, if you have any extra, and get into something tangible, whose prices in dollars will go up as the dollar loses value. Personally, I like gold and silver!
“THE AMERICANS WITH NO ABILITIES ACT”
(My long time friend, Bobb, sent me this, and it is so funny, that I reprint it here)
“President Barack Obama and the Democratic Senate, are considering sweeping legislation that will provide new benefits for many Americans. The Americans With No Abilities Act, is being hailed as a major legislative goal by advocates of the millions of Americans who lack any real skills or ambition.
“Roughly 50 percent of Americans do not possess the competence and drive necessary to carve out a meaningful role for themselves in Society,” said California Senator Barbara Boxer. “We can no longer stand by and allow People of Inability (POI) to be ridiculed and passed over. With this legislation, employers will no longer be able to grant special favors to a small group of workers, simply because they have some idea of what they are doing.”
In a Capitol Hill press conference, ex-House Speaker Nancy Pelosi and Senate Majority Leader Harry Reid, pointed to the success of the U.S. Postal Service, which has a long standing policy of providing opportunity without regard to performance. At the state government level, the Department of Motor Vehicles, also has an excellent record of hiring Persons Of Inability (POI).
Under the Americans With No Abilities Act, more than 25 million mid-level positions will be created, with important sounding titles, but little real responsibility, thus providing an illusory sense of purpose and performance.
Mandatory non-performance-based raises and promotions will be given, to guarantee upward mobility, for even the most unremarkable employees. The legislation provides substantial tax breaks to corporations that promote a significant number of Persons of Inability (POI) into middle-management positions, and give a tax credit to small and medium-sized businesses that agree to hire one clueless worker for every two talented hires.
Finally, the Americans With No Abilities Act, contains tough new measures to make it more difficult to discriminate against the non-able, banning, for example, discriminatory questions, such as, “Do you have any skills or experience that relate to this job?”
“As a non-abled person, I can’t be expected to keep up with people who have something going for them,” said Mary Lou Gertz, who lost her position as a lug-nut twister at the GM plant in Flint, Michigan, due to her inability to remember righty tighty, lefty loosey. “This new law should be real good for people like me. I’ll finally have job security.” With the passage of this bill, Gertz and millions of other untalented citizens, will finally see a light at the end of the tunnel.
Said Senator Dick Durbin, “As a Senator with no abilities, I believe the same privileges that elected officials enjoy, ought to be extended to every American with no abilities. It is our duty as lawmakers, to provide each and every American citizen, regardless of his or her inadequacy, with some sort of space to take up in this great nation, and a good salary for doing so.”
Sound like the Obama Inauguration speech?
P.S. I am a deeply suspicious guy, and this “Wounded Warriors” outfit that advertises so heavily on TV, really worries me. What do they do with $19 a month from millions of joiners? They show amputees and disfigured ex-service people, and they have marvelous things to say about it, but I wouldn’t give them a dime. Anyone investigated this outfit yet? I hope I am wrong.