Percentage of American Corporate and Business Assets the government should own = 0
Any other questions?
Also, the government doesn't need to own many assets, just KEY assets, in order to meddle in things it shouldn't.
Yeah, but, there's a vested interest in keeping banking entities and major employers afloat. I don't think that under $100 Billion in assets of troubled businesses is a big deal.. I mean, the defence companies (read: NOT the military) have gotten that much money every year or so over the last 20 years... but no-one wants to talk about that.
Also, if the Government and Business were to be kept wholly separate, about half of small business owners wouldn't have had start-up cash.
I don't understand people who say "Just this much isn't a big deal"... Dude, by the time it IS a big deal, it's too late to change back.
Nobody says "just this much cancer isn't a big deal"... They get rid of it before it becomes a big deal. Nationalization is the very same thing: Once it become a big deal, it has grown to a size that makes it impossible to get rid of. Federal government should be strictly limited in scope and power.
That's like saying Bush was an upholder of the constitution because only a tiny percentage of people were denied due process. Those of us who disdain government ownership and control are no less consoled by ratios like these than those who disagree with depriving people of due process.
^If you are talking baout Americans being denied due proces than I agree. If you are talking about Gitmo prisoners or enemy combantants then I could completely disagree.
Originally Posted by Adhesive[Only Registered Users Can See LinksClick Here To Register]
That's like saying Bush was an upholder of the constitution because only a tiny percentage of people were denied due process. Those of us who disdain government ownership and control are no less consoled by ratios like these than those who disagree with depriving people of due process.
Well said.
I like this chart:
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Look, he may be a great president or a lousy one, but when he acts in this way, when he stands above the fray in a patronizing and condescending way, instructing us on the ways of the world, I find him insufferable.
When governement controls the banking industry and the auto industry it doesn't have to own much else to control almost every aspect of your life.
Want to buy that new, bigger house?
The Feds didn't approve your loan because it has too large a carbon footprint for the number of people in your family.
Want to buy that 1 ton truck?
Not unless you also own a small, fuel efficient car and you provide proof that you need a truck.
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Democracy and socialism have nothing in common but one word, equality. But notice the difference: while democracy seeks equality in liberty, socialism seeks equality in restraint and servitude. -Alexis de Tocqueville
Originally Posted by carfreak67[Only Registered Users Can See LinksClick Here To Register]
When governement controls the banking industry and the auto industry it doesn't have to own much else to control almost every aspect of your life.
Want to buy that new, bigger house?
The Feds didn't approve your loan because it has too large a carbon footprint for the number of people in your family.
Want to buy that 1 ton truck?
Not unless you also own a small, fuel efficient car and you provide proof that you need a truck.
This isn't a slippery slope: there's Termination clauses yet to be negotiated.
Did you make the same connections when your privacy rights were actually abridged with USA PATRIOT act's passing and when Patriot Act II was being discussed? Want to talk to your friend... Mind if we listen in to make sure you're not doing anything illegal?
^^ There are plenty of things in the Patriot Act that don't pass the smell test as well.
Just because the Patriot Act stripped some of our rights doesn't mean we have to have State run banks and car companies.
True, but I'm saying that one smells bad, but it isn't finished yet... the other is bad, and it's still steaming up the place.
And true, they don't have the explicit right... but then again, bail-out-ees (is that even a word?) came with hat in hand asking for help. Didn't Chrysler do the same kind of thing a while back when Lee Iaacoca took over, and they traded shares for cash, and then bought back the shares?
As far as the banking industry, I think there's a full-force of credit that's in with T-bills that kind of mandates that they get propped up and get things in order.
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