The Government's Iron Fist

By Bill Glynn

I have a question. If government can't balance a checkbook and run itself other than into the ground, then why on earth would we believe that they can dictate business practices and take over more and more of the system? These people must really believe in themselves and their business savvy. Well, we all know its career politicians, lawyers, public personalities and, yes, some sharp business people that are in the vast minority in Congress. I can't rant strong enough to get the point across that our government at federal, state and local levels is frankly incompetent and here we are letting them dictate how business is run.

The unprecedented interdiction of the government into our banking system was, sorry to say, absolutely necessary or we would have had a collapse. However, Obama is driving his fist through massive government expansion into the face of capitalism. The door has been cast wide open for Obama to spend trillions of dollars to expand government like we have never seen and dictate to private industry what it can and cannot do. Automakers are one example and credit card companies another of late. Is this the price of doing business with the government? Can these government people help or hurt the industry and companies they are "bailing out?" [more...]