The GOP must fight corporate welfare

End corporate welfare, aka cronyism! With the baby boomers retiring we can’t afford it anymore. The housing/debt bubble hasn’t been fixed, all they’ve done is back filled the hole by inflating new bubbles, same as the old: the national debt and inflation bubbles. Together they comprise a gigantic moral-hazard bubble that Keynesian snake-oil economists have accumulated on the back of Americas children. Our politicians are too smart to steal candy from a baby; instead they buy all the candy they want, spread it around to special interests to buy votes, spread it around to their cronies to thank them for spreading some of it back to pay for their campaigns, and then modern politicians stick every baby in America with the bill.

We can’t raise taxes high enough to pay it off without destroying the economy for generations. Our crooked candy-stealing politicians won’t cut spending, because that’s how they hang onto power. America’s kids are getting the shaft, even kids that won’t be born for many years yet and have no vote, not even a voice.

No more bailouts. Let the corrupt banks fail, there are plenty of good ones. We would all have been better off if the crooked banks had gone under because their dominance over American politics would have come to and end. The good, smaller banks that weren’t in bed with Americas many crooked politicians and had sound business practices would have been rewarded with all of our business, and instead the corrupt, crony banks used the bailout money to buy up and take over the good banks to shore up the bad banks.

In a just country it is supposed to work the other way around. The evil banks are supposed to go under and the good banks are supposed to prosper.

Instead America has turned to the dark side of the force and it will come back to bite us in the future if we don’t change our ways.

FloatingRock on December 3, 2012 at 2:13 AM