Friday, March 20, 2009
Government Is The Problem
In President Reagan's Inauguration speech, he told of his plans to reduce the size of government. Following through with the promise, he led the U.S. into one of the longest periods of economic growth in it's history.
If you believe it worked to correct an almost identical problem; why would you do the opposite?
Tuesday, March 17, 2009
I Thought This Was All W's Fault??
Peter Wallison predicts a bailout because of increasing pressure, from the Clinton Administration, on Fannie Mae to approve loans that should never have been approved.
"In a move that could help increase home ownership rates among minorities and low-income consumers, the Fannie Mae Corporation is easing the credit requirements on loans that it will purchase from banks and other lenders.
The action, which will begin as a pilot program involving 24 banks in 15 markets -- including the New York metropolitan region -- will encourage those banks to extend home mortgages to individuals whose credit is generally not good enough to qualify for conventional loans. Fannie Mae officials say they hope to make it a nationwide program by next spring.
Fannie Mae, the nation's biggest underwriter of home mortgages, has been under increasing pressure from the Clinton Administration to expand mortgage loans among low and moderate income people and felt pressure from stock holders to maintain its phenomenal growth in profits." Full Article
Monday, March 9, 2009
What is Freedom?
In the past there have been many nations that have fallen victim to government control. How is it that so many nations have stumbled into the same trap without learning from the plight of other nations before them? Government control is, by definition, the opposite of freedom. The fact is that these nations were full of people that were not any different than the people of this one. How did these heads of state pull the wool over the people's eyes? They certainly didn't do it on the platform of blinding poverty, suffocating tyranny and unlimited government control, because the people would never have allowed it to happen. They would have been run out of the country if they were lucky. No, the only way it could have happened would have been under the guise of great sounding ideologies like "equal pay for women," "helping out the little guy," "providing for the have nots," "we all have to make sacrifices" (aka: tax increases), "healthcare for every american," and the list goes on and on of the types of phrases, used by a Marxist demagogue, to deceive the people that he believes are too stupid to know the difference. The leaders of these nations didn't tell the people: "Those of you that work 80 hours a week to create a better life for your children, we are going to take your money away from you and give it to people that don't really like to work, because those people need help too. We are going to create massive government programs and regulations that will control everything that you do.” Sometimes I wonder if people in this country have ever thought about what those heads of state said to the people. Do they really think that, when Hitler initially attempted to gain public office, he ran on the platform of creating a new Arian race? Do they think that he said vote for me because I am going to exterminate millions of people because they are not the superior race? Sounds pretty crazy huh? No, I doubt he got his foot in the door that way. In fact, while in prison in 1924 Hitler is quoted as saying, “Instead of working to achieve power by an armed coup we shall have to hold our noses and enter the Reichstag against the Catholic and Marxist deputies. If outvoting them takes longer than outshooting them, at least the results will be guaranteed by their own Constitution! Any lawful process is slow. But sooner or later we shall have a majority - and after that Germany." – Adolf Hitler 1924.
To borrow a phrase from Obama himself, which I am sick of hearing already, let me be clear. I am in no way comparing President Obama to Hitler; I don't believe that President Obama is intentionally trying to take away the freedom of Americans, like many many many right wing conservatives do believe with their whole heart. What I believe is that he is married to, and will probably never part from, an ideology who's victims have been trying to escape it for the shores of the United States for a very long time. I am a big believer in "don't fix what aint broke." When I say not broken I mean from a historical perspective, why do the opposite of what has gotten us where we are today by embracing an ideology that has de-railed super powers and powerful empires so effectively in the past? How did capitalism, something that has made this nation into what it has become in such a tiny amount of time (only around 200 years), become a bad word?
I was with an ex co-worker about a month before the election. We were at a bookstore and a book about Barack Obama caught our eye. I asked him what his opinion was in relation to which way he might vote. He said “I don’t really know much about politics, but all I know is that it can’t get any worse.” This is a very scary and very popular school of thought in America. The truth of the matter is that it can get much worse. America has only been around for a few hundred years. There were Dynasties and Empires that were around for thousands of years, and there have always been shifts in power. In the grand scheme of things, America could just be a flash in the pan. Abandoning the vehicle that got us here could be a way to ensure it.
-Brooks Johnson