A coin has two sides, heads and tails. Effort has two results, success and failure. A wager has two outcomes, win and lose. A nation has two choices, capitalism and socialism.
The nation is being dragged into oblivion by our Machiavellian “leaders” in Washington. Their insanity is truly amazing; they are now discussing whether any company can be too big to fail. Rather than any company, such as GM, is too big to fail, they must first see that the company got big because individuals, at one time in the past took risks. They made bets that they could provide a product or service, better or more cheaply than others. That is an idea that is at the very core of capitalism.
The idea of socialism is to prevent failure. But if failure is prevented, success will be prevented as well and the nation will collapse into despair and darkness. It has been nearly 25 years since the Fed stepped in to directly help out a tottering bank, Continental Illinois National Bank and Trust in Chicago. It was wrong headed then, as was the bailout of Chrysler when Lee Iacocca ran it, as is the current round of bailouts.
I do not trust the government to be able to “fix” the current situation because they have been so complicit in its cause.
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