Sunday, August 14, 2011

Socialism Versus Free Market Capitalism

The elections of 2012 and 2014 will provide Americans a very stark choice.   We will either become a European style Socialist country, or our people will recognize and confirm by their votes that Free Market Capitalism is was made America great.  

Certainly, President Obama and his Socialist pals in government intend to transform our country into a big, intrusive, government, tax and spend society that takes care of their PEEP's; the 50% of Americans that pay no income taxes at all, those on the dole, illegal aliens, public employee and other union members and favored industries that donate to Socialist campaigns.  Socialists support environmental wacko schemes that are destroying our carbon and nuclear energy industries insuring that the US can never become energy independent.   A vote for Socialists (there are no old style moderate Democrats remaining in power) is a vote for higher unemployment, slow growth and trillions in deficit spending that will ultimately bankrupt our country.  It is what it is. 

Socialism always follows the same road to economic ruin, loss of freedom and eventual collapse.  This is exactly what happened in the old Soviet Union and Eastern Europe.  We are now seeing the end result of 66 years of Socialism in Western Europe, as numerous countries that followed that path after World War II, are bankrupt.   Since it is no longer possible to provide cradle to grave entitlements in these European countries, there are now riots in the streets.   Civil society has broken down.   Unfortunately, the same thing will happen in the US if the American people vote for Socialists who will bankrupt our country to stay in power.  

Free Market Capitalism, with its often painful, boom and bust cycles is the only economic system in the world that results in innovation, economic growth and job creation.  Ironically, though there are often winners and loser in Capitalism's boom and bust cycles, it is this very process that is the basis of innovation and new industries.   Weak companies go out of business when they can't compete and what emerges are stronger companies with a better idea.   Free Market Capitalism is predicated on limited government, lower taxes and less regulation, a balanced budget, and real energy, education, health care and entitlement reform.   Free Market Capitalism recognizes that government is often the problem not the solution.  In fact, government intervention in an attempt to pick winners and losers artificially distorts markets, which retards economic growth. 

If the federal government would just get out of the way, the private sector would invest the $2 trillion in cash in the US that is sitting in corporate coffers.   And, if the double taxation that occurs when overseas profits are repatriated was eliminated, an additional $3 trillion would come back into the US allowing for even more investment in the US.  But that is not going to happen as long as Socialists, including President Obama, remain in power.   Obama is the most anti-business President since Franklin Roosevelt.   The threat of more Obama taxes and regulations on business is causing American companies to sit on their hands until the Obama Presidency is over.   It really is that simple.  

As such, in 2012 and 2014, Americans will decide the course of our country for generations to come.  We will either become a second rate Socialist nation in keeping with Obama's vision to "transform" our country.   Or, the United States will pursue Free Market Capitalism as we take our country back.   There is still time to make the 21st Century, an American Century as was the case in the 20th Century; but it will not happen if Socialists remain in power.  

For that reason, we must sweep Socialists at all levels of government, including President Obama, out of power in 2012 and 2014.   We must take back our country by electing Conservatives that support Free Market Capitalism, limited government, lower taxes and less regulation, a balanced budget, term limits, real education, energy, health care and entitlement reform, a strong national defense, including securing our border and fighting Terrorism, the right to bear arms, the sanctity of life and family values that are the foundation of our nation.   This is the platform supported by the majority of the American people and the only way to restore economic growth and job creation.

We must take back our country in 2012 and 2014 to preserve our freedom, our nation and way of life for the sake of our children and grandchildren.   We must say YES to Free Market Capitalism and NO to Obama's Socialism.   WE can do it.   We must do it to insure that the 21st Century will be an American Century.   

P.S.  ObamaCare was ruled unconstitutional by the 11th Circuit Appeals Court.   The opinion was co-written by a Clinton appointed judge and a Bush appointed judge.  It was a bipartisan court decision.  Now on to the Supreme Court.  ObamaCare just like Obama's days are numbered.        

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