Friday, January 30, 2009

The War on Business and Capitalism

Politicians often bring focus on the issue of the day by conducting wars. Consider these:
  • Lyndon B Johnson's "war on poverty"
  • Richard Nixon coined the term "war on drugs"
  • George W Bush's "war on terrorism"
So it is appropriate for Barrack Obama to have his on war; the "War on Business and Capitalism". But unlike my earlier examples, this war won't be declared nor will "soldiers" be mobilized in a open and public manner...it is being conducted in stealth...but with the tacit support of the American public.

Rest assured, this war is being waged.

Look at where we are...
  • Wall Street is taking ALL of the blame for this recent financial and economic crisis
  • CEO pay is considered a public debate
  • The union sponsored "card check" law is gaining steam
  • The Paycheck Fairness Bill has passed through the House
  • Lilly Ledbetter Fair Pay Act has passed through the House
  • Free trade with South America is dead on arrival in Congress

The list really goes on...

{Sign} Folks, this is completely unhealthy. We are letting the political class and the media lap dogs paint Business and Capitalism as Evil incarnate. It will truly be our down fall when the American economic engine slows to sub 1% growth as a result of their war. That is exactly what will happen because...

  • the innovators amongst us will not innovate when they are stifled under multiple tiers of regulations and laws (California?)
  • businesses are taxed to the point where it makes more sense to do business in another country (All industries? I give Exxon 10 years to remain a US Corporation)
  • overbearing legal costs for businesses spread into our purchased goods and services to the point where we are uncompetitive (Healthcare?)
  • unions will force businesses into a cost strata that is not sustainable (GM?)

We live in interesting times. Pay attention -- you are witnessing an unprecedented opportunity to understand the true differences between conservatism and liberalism.

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