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OBAMA'S GETTYSBURG ADDRESS
Obama as Lincoln is parody at best. The president who spoke of “government of the people, by the people, for the people” would surely not agree with his imitator’s stimulus package. Obama’s teleprompter reads “from the people, for the government, by the government.” Government stimulus under FDR created and prolonged the 1930’s depression. Industry as the Arsenal of Democracy during WWII provided the market solution. The market, not the government is the proper source of stimulus in this economic downturn. The $700 billion bailout may have provided a safety net for the financial institutions, but it has paralyzed the response of the market economy waiting for the other shoe from the government to drop. Tax cuts, not government spending, will revive the market. Let the payers be the benefactors.
This Country was built on the pillars of private property, enterprise and responsibility. Government meddling in the market is corrosive; witness Fannie Mae, Freddie Mac, Medicare, Social Security, Amtrak, Agricultural Subsidies, et al. Until the market self-corrects with “pay me now or pay me later,” the longer we wait; the higher the price will be. Another president (#40) from Illinois was correct stating “ Government is not the solution....... Government is the problem.” Don’t let Obama and the Liberals (note I did not say Democrats) destroy this Country’s heritage of private enterprise. The potential damage will be far worse than recession. It is the road to socialism. |
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