Who Can Fix The Economy? Are You Sure?

Okay, according to Obama, only the Federal Government can fix our economy. Call me cynical, but I sincerely doubt that.

Let us take a look at the government’s track record with running things for a moment, shall we?

  • Medicare: poorly managed and paying out more than it recieves from the .gov.
  • Social Security: running out of money.
  • Fannie Mae and Freddy Mac: have you been living under a rock for the last four months?

True story: in 1990, the Federal Government seized the Mustang Ranch, a brothel near Reno, Nevada, after the owners were convicted of tax evasion. As required by federal law, the Government then proceeded to run the Ranch. It went bust in 1999. I’m not making this up.

If the .gov can’t even run a brothel, how can it be expected to run our economy?

Not to mention the fact that the .gov having controlling stakes and shares in hitherto privately-owned companies is socialist and communist. No, I’m not trying to call Obama a socialist (though many of his plans indicate such leanings). That’s what socialism and communism are: a system of social organization that advocates the vesting of the ownership and control of the means of production and distribution, of capital, land, etc., in the community as a whole and a system of social organization in which all economic and social activity is controlled by a totalitarian state dominated by a single and self-perpetuating political party, respectively.

Honestly, I’m pretty scared right now. Pelosi has just rendered the Republicans powerless in the Senate, and now Obama wants the Federal Government to take control of the economy. I don’t like where this train seems to be going. I just hope I’m not the only one.

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