The Perfect Argument Against Bailouts and Big Government Spending in One Picture

They say a picture speaks a thousand words. Here's a comic that does. It shows why we should be against all nationalization of industry and bailouts of industry and banks as well as tax increase and adding debt to our already un-payable debt.

Of course the free market system (which, by the way, we haven't ever really tried - there's always government control and cronyism) has its warts... But the way we do things now (bailouts, credit rate control, printing money, government take over of industry, government controlled education, medical care and retirement) just doesn't work. The fact that we're heading for bankruptcy (Greece is showing us what's going to happen to us soon enough) shows that we must stop this big government mentality.


If an industry like banks or big companies like General Motors or TEPCO in Japan go bankrupt, let them! Why do private companies get to keep profits but when they lose money the government wants to socialize their loses and stick it to the taxpayer?


And some taxpayers actually agree with this twisted logic?


Say in the case of a company like GM. If we bail them out, the same incompetent management get to keep their jobs. If they go bankrupt, a new group comes in and buys them up. The new group gets rid of the bad parts. The factories are still there, the buildings are still there, the new company needs someone to run those factories; they get rid of bad management and bad workers and start again. That's why they buy a bankrupt company in the first place; they think they can make it profitable!


But, when the government bails them out? The incompetents keep their jobs (and donate to the next election of those government people) and confused people in the public sector think that those industries should be nationalized. Yes. Nationalized and run ostensibly for a profit. Like the profitable venture that our, say, Japanese government has us at public debt of 229% of GDP.


What's wrong with this logic and this picture?  


Anyway, the same old same old way of doing business that we've been doing for the last 40 years, since 1971, has got to stop. 


Haven't we screwed up the world for our kids and their kid's kids enough as it is?

Big Government is Not the Answer... Government is Our Enemy

I often get complaints from people about my anti-government stance on just about, no make that ALL, everything.

The Roman empire had Caesar, Caligula, Nero, Augustus, etc...

Different presidents, but it was still ultimately the Roman Empire.

The USA has had many presidents.... (Get it?)

Judge Napolitano has written a brilliant expose simple stating why government is the root of our problems and not the solution...


Like I have always said, "If government were benevolent and the answer to all out problems than a big government country like the Soviet Union would have been hugely successful. But they weren't."


The good judge sums it all up in one great sentence: 


"Unlike an individual or a well-run corporation, government is not motivated by how efficient it can be, but rather by how lucrative it can be for those associated with it, and how those who run the government can stay in power." (emphasis mine).


The above is exactly correct. No matter the problem, the government's answer is always to expand upon itself. That is the nature of all government.


Who was in charge when the Twin Towers were attacked? The Bush Administration. Did anyone lose their jobs? No. The government's powers and reach were expanded.


Some will say that the government is here to protect the little guy. Oh really? How's that working out for the now nearly 46 million Americans on Food Stamps? Or the now 25% of all American children in poverty? Has the government cut the Pentagon budget to help pay for these poor people? Nah.


Here's another good one that never ceases to amaze me: "The Civil War: The North went to war with the South to end slavery." Ha! Oh really? Is that why some Northern States still allowed slavery for two years after the war started? And, think about this, since when has the USA ever gone to war to protect the rights of dark-skinned people? Never! Get real if you think we have.... Or do you think we are bringing democracy to those people in the Middle East too? 


Have you never read "War is a Racket"? The USA only goes to war for economic aims. Never to protect minorities.

Here are some more great bits from Judge Napolitano's article:  

Newt Gingrich and Mitt Romney don't want to shrink government. They love government. They just want to manage it better. The problem with that approach is that government by its very design is always mismanaged. The centralization of decision-making amplifies the effects of poor decisions while disincentivizing prudent ones.

Unlike an individual or a well-run corporation, government is not motivated by how efficient it can be, but rather by how lucrative it can be for those associated with it, and how those who run the government can stay in power. Someone who was philosophically opposed to government domination of the housing market wouldn't perpetuate it by taking one red penny of taxpayer money from Fannie Mae and Freddie Mac, like the former Speaker did, whether he calls himself a historian or a lobbyist. Someone philosophically opposed to government domination of the health care market would never offer up government as the solution to the problem of the uninsured, like the former governor of Massachusetts did, since the problem of the uninsured was created by government's involvement in the health care market in the first place.

The federal government does not need an efficient manager. That's a pipe dream based on the noble but flawed premise that government can be made to operate as a business. It cannot. Business is subject to the forces of free choice, supply and demand, and competition. Can you imagine government subjecting itself to the forces of competition? Can you imagine government permitting us to ignore it?.... (Read the rest at Lew Rockwell...)   http://lewrockwell.com/napolitano/napolitano34.1.html

NOTE: See this big news just in: 

Michele Bachmann campaign chair and Iowa state senator defects to Ron Paul