Wednesday, February 15, 2012

Chile - Free Market Capitalism Works

This Blogger is completing my four week trip to South America.   In doing so, I have traveled to Socialist Brazil, Uruguay and Argentina.  We finally ended our trip in Free Market Capitalist Chile.  There are some interesting comparisons that are relevant to what is happening in the United States as Socialist President Obama attempts to transform our country into a European style Socialist nation.  

Brazil has millions of people living in flavelas (slums).  Security is an issue in Brazil as the "rich" have turned their homes into fortresses with armed guards.   The "rich" also often drive around in bullet proof cars.  Uruguay is a very poor country as their young educated people must leave the country for opportunities.   Argentina is better off, however, they have had to devalue their Peso from 1 to a dollar to 4 to a dollar.   The result is that the rich are doing everything they can to get their money and assets out of the country.

Socialist Brazil, Uruguay and Argentina have various things in common.  All have very high taxes and bureaucratic regulations.  All have a great divide between the rich and the poor.   All of these governments use regulations to control all aspects of daily life.  

Chile is very different and appears to be much more prosperous.  Though Chile went through many years of left and right wing dictators, just like other South American countries, Chile is a solid democracy today run by a center right President who supports free market capitalism.  However, even when Chile was run by Social Democrats, they were not radical like President Obama and many of the Socialists and Communists that run other South American countries. 

Chile's taxes are relatively low and regulations are reasonable and not terribly bureaucratic.   Chile privatized their Social Security system years ago, which now operates more like the US 401K system.   Chileans own and control their Social Security contributions and can choose to put their monies in various investments.  Santiago, the capital city of Chile, is beautiful, safe, clean and seems to work, unlike Brazil's major cities that suffer from traffic gridlock and major security issues.   There does not seem to be much poverty in Chile; though there are some poor areas on the outskirts of the capital city; but nothing like what I saw in Brazil or Uruguay.  That might be because Chile is a full employment economy with very low unemployment.

As this Blogger has said many times, Socialism anywhere in the world it has been practiced creates poverty, misery, loss of freedom and in some cases results in murder.   The differences between Brazil, Uruguay, Argentina and Chile seem to once again make the case.   Yet, Socialist President Obama wants to make the United States a Socialist country. 

When this Blogger travels it becomes so clear to me that we must take back our country by sweeping Socialists, at all levels of government, including President Obama, out of office in 2012 and 2014 to prevent the bankruptcy of our country.   President Obama continues to promise his PEEP's, those that pay no income taxes at all, those on the dole, illegal aliens, big unions, trial lawyers, radical environmentalists and crony Capitalists, all feeding at the trough, something for nothing.  

In various Socialist countries in South America I have been told about "free services" and entitlements paid for with higher taxes and more regulations.   These Socialist countries have a lower standard of living than countries that practice free market capitalism.  It is what it is and it is obvious. 

We have to take back country in 2012 and 2014 by electing Conservatives that support free market capitalism, limited government, term limits, lower taxes and less regulations, a balanced budget, 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 the family that is the foundation of our nation.   This is the platform needed to restore economic growth and job creation again in America. 

We have to take back our country.   We can do it.  We must do it to preserve our freedom, our nation and way of life for the sake of our children and grandchildren.  Look to Chile for an example.   This used to be a poor country.   Once they adopted free market capitalism as their working system, they achieved prosperity.   We can remain a prosperous country by adhering to free market principles, or we can continue on the road to bankruptcy and become Greece with riots on streets.   A vote for Obama is a vote for the bankruptcy of the United States, economic collapse, chaos in our nation and the loss of our national sovereignty.  It really is that simple. 

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