Thursday, December 11, 2008

Reagan On The Government's Economic Bail-Out Plans

Recent polling data indicates that 91% of the American people are against the bail out of the "big three" auto makers. So if that's the case, why do we continue calling this system a "representative government?" When was the last time our elected representatives really represented their constituents?
Our race toward nationalization of industry and banking and real estate seems, to me, to be unconstitutional.

Here are a couple quotes from my favorite president which are relevant in view of our unconstitutional race toward the nationalization of industry, banking, labor, and real estate as a means to fix our economic crises. Congress should pay attention:

"The most terrifying words in the English language are:
I'm from the government and I'm here to help."

"Government's view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it."

Ronald Reagan

2 comments:

Stan McCullars said...

One of my favorite quotes.

Jayson Finley from Lacos said...

One of the first requirements to be elected to any office should be to pass a course in basic economics. Obviously, most our our "representatives" have no clue about economics...or the U.S. Constitution either, for that matter.