Thursday, April 16, 2009
More of the Same, Only Bigger
“New president Barack Obama's $3.55 trillion budget serves notice that if you thought government couldn't get any bigger or more intrusive, think again. The budget ‘represents real and dramatic change,’ according to the President. But really the Obama plan is just more of the same, with the federal government expanding its role in education, foreign policy, energy policy, health care, and environmental policy. Then there’s the campaign to take over control of “big business” through money “giveaways” called “bailouts,” for which the Obama administration demands “ownership control” of those companies so “bailed out” as part owner of the company. The original “owners” still “own” the company, but the government becomes their biggest stockholder and can tell them what to do. Now Barney Frank wants the same control over even companies that have NOT been “bailed out.” Soon, the government will control ALL business, whether or NOT those companies have received any government (read: taxpayer) money. That’s Fascist collectivism. (Ludwig von Mises Institute)
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