President Obama is a smart man. Most likely smarter then I will ever be and I respect him for his intelligence and what looks like to be his desire of helping the American people. But he is a socialist. Nothing is wrong with that. In fact in a perfect world it would be the ideal economy. Getting rid of most of the economic problems we have and instead being supported by the government. But this goes against everything America has been about for the last 200 years. Being a free enterprise economy has giving us the desire through greed to do something good with what we have. Pushing people to make bigger better things. And through this has put America as one of the most powerful nations in the world. And who knows maybe it is about time that we had a change. Maybe as a nation we can come together and change our ways becoming one social economy. I personally don't see that happening when I look at my generation though.
One more step that Obama is making towards socialism that I recently heard about is that he is having the government buy the majority of stocks of business such as GMC. Businesses that are failing and going bank rupt. So not only his he taking our tax money and buying car delerships. But he is buying FAILING car dealerships. Ones that are sinking down the tubes and would be considered a financial suicide for any investor. I don't know exactly what Obama hopes to do with this. But for me personally I don't think it makes much sense. But then again he is a very smart man.
Thursday, April 30, 2009
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