Thursday, September 01, 2005
THE TRUE CAPITALISM ACT
I beleive in capitalism. It is the greatest good for the most as an economic system. It of course must be under the reign of higher values.
Socialism and Communism are proven disasters. They have survived under brutal loss of freedom in China, North Korea, Cuba and Myamar to name a few. The USSR failed. Even the soft socialism is starting to undermine Europe. England pulled away from socialism with Thatcher and reversed several decades of decline. Much of our problems here at home are from socialism as well. But that's for another day.
This act is to create true capitalism. Many corporations have too long put more effort into governmental hand-outs and breaks than into creating better goods and services. Companies must thrive or die based on their ability to compete in the free market. Here are the specifics:
1. Create commissions of current federal employees to look at all federal monies sent to companies. They will judge whether this money is pork or actually serving a useful purpose. Their findings will be reviewed by a supervising board who will determine whether they agree with the findings. Less than useful programs will be cut.
2. Create the same system at the states level.
3. Inform corporations that there will be no bailouts of failed companies. This includes airlines, banks, thrifts and car companies.
These changes will save untold billions. Here is a major key to reduced spending. Companies must participate fully in free enterprise and survive and thrive on their own merits.
Socialism and Communism are proven disasters. They have survived under brutal loss of freedom in China, North Korea, Cuba and Myamar to name a few. The USSR failed. Even the soft socialism is starting to undermine Europe. England pulled away from socialism with Thatcher and reversed several decades of decline. Much of our problems here at home are from socialism as well. But that's for another day.
This act is to create true capitalism. Many corporations have too long put more effort into governmental hand-outs and breaks than into creating better goods and services. Companies must thrive or die based on their ability to compete in the free market. Here are the specifics:
1. Create commissions of current federal employees to look at all federal monies sent to companies. They will judge whether this money is pork or actually serving a useful purpose. Their findings will be reviewed by a supervising board who will determine whether they agree with the findings. Less than useful programs will be cut.
2. Create the same system at the states level.
3. Inform corporations that there will be no bailouts of failed companies. This includes airlines, banks, thrifts and car companies.
These changes will save untold billions. Here is a major key to reduced spending. Companies must participate fully in free enterprise and survive and thrive on their own merits.
