>> Wednesday, November 12, 2008
It's becoming painfully obvious to everyone but Congress that these bailouts they keep handing out like Monopoly money aren't working. The stock market hasn't had a miraculous rebound and AIG just needed another shot in the arm (to the tune of another $40 billion dollars).
The American auto makers are lining up for their bail out when a simple restructuring plan would suffice. Do you think the fact that their workers make an average of $78 per hour to Toyota's $34 per hour has something to do with their money woes? The unions that work so hard for the employees have priced them out of work. Think I'm wrong? Toyota is not a UAW plant. Is it any wonder Toyota makes more affordable vehicles and are now the #1 brand in America?
Large corporations need to be treated as small businesses. Small businesses fail all the time. The owners pick themselves up and begin again. These large corporations have enough working parts that someone with the money will buy their pieces if the government would just step back and let capitalism work like it is supposed to. Sure, it could be painful for a while, but these government bailouts are only prolonging the inevitable.
Already other nations are talking about a "one world currency" and a global government. And have been for more than 2 years. I don't know if you remember your history lessons, maybe it's time for all of us to revisit the American Revolution and our Constitution.
I just bought the 5000 Year Leap, The Real George Washington, The Real Thomas Jefferson, The Real Benjamin Franklin and a copy of the Constitution from the National Center for Constitutional Studies.
If nothing else go over and see how much you don't know with the USIQ game. Then, after you see how little you actually know, order the books. Because the only one who is going to teach these things to your kids is you. Really. Take a look at a high school American History book when you have a chance. I saw my cousin's the other day. It is NOT what you learned.