Goverment Power Grab

Diskusjon om generelle politiske temaer, som ikke passer inn under innenriks/utenriks.

Goverment Power Grab

Innlegg Panther 11 Okt 2009, 16:07

http://www.capmag.com/article.asp?ID=5671

Stealing the Commanding Heights: Goverment Power Grab
by Raymond C. Niles (October 10, 2009)

Government fostered the financial crisis by violating the rights of private citizens through its reckless policy of subsidy and cheap credit. Now it proposes to “solve” the problem by further violating rights, including the right of employer and employee to voluntarily agree on the terms of employment.

The end game of this dangerous grab for power should be obvious. The government will not stop until it has taken complete control of the commanding heights of the economy. And it has already largely succeeded. With its progressive takeover of banking, government is now assuming control of the most important sector of the economy. The banks are fundamental in economic importance because their lending and capital raising decisions directly affect the growth of all other industries. Now the government, through its control of banking, will decide whether a particular company or industry is to receive credit, and succeed or fail.

Do not doubt that the government will use this power. Recently, for example, the Wall Street Journal reported that former Vice President Al Gore used his influence to steer two $500 million federal loans to cronies planning to make expensive “environmentally friendly” cars. Imagine what Al Gore or others will be able to do when the Fed controls the salaries of thousands of private bankers. To whom will they be able to direct loans, and for what type of quid pro quo?

Statist governments operate under a rule. They always seek to control the commanding heights of the economy. Statists know that if they control the key industry upon which all others depend, they can control all industries. Our government is seizing the commanding heights of our economy right before our eyes.
Ken-G. Johansen.
Brukerens avatar
Panther
 
Innlegg: 885
Registrert: 06 Aug 2005, 17:12
Bosted: Lørenskog

Gå til Generell politikk

Hvem er i forumet

Brukere som leser i dette forumet: Ingen registrerte brukere og 2 gjester

cron