by William E. Morris, DelawareOnline.com
The infamous $700 billion bailout is a symbol of the incompetence of big government. It results from previous government actions that have caused a recession, and threaten a depression. The bail-out to the risk we already had of severe inflation and a financial catastrophe.
What if we started over to design a government from scratch a government that really worked for us?
Here’s an idea: How about a small government designed to do only what it does best – provide a rule of law that protects us form force and fraud. Provide for defense of this country without futile attempts to control other countries. How about following the spirit of the 10th Amendment in the Bill of Rights? The federal government would do only what the constitution allows.
Let the individual states take care of the rest, and compete to have the most citizen-friendly state government. We could have a free market for the first time.
The steady increase in productivity under Capitalism would not be eaten up by the government. No inflation. Prices would come down. This is a change I could believe in.
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I think George Washington said it best:
Government is not reason; it is not eloquent; it is force. Like fire, it is a dangerous servant and a fearful master.
Yeah that's what we started with. Figure out how to keep it from getting to this point again and you'll have something.
Actually this is the only way out. And I couldn't agree more with this. But as for "what it does best – provide a rule of law that protects us form force and fraud" I think we have an argument. The US Foreign Policy has created a worldwide negativism and resentment against the US and have jeopardized the presence of American Citizens abroad. While at home it intently cleared the way for all the financial mega-frauds, bubbles and the finally the collapse of the financial system. If this is what Fed Gov does best it should be abolished.
Actually this is the only way out. And I couldn't agree more with this. But as for "what it does best – provide a rule of law that protects us form force and fraud" I think we have an argument. The US Foreign Policy has created a worldwide negativism and resentment against the US and have jeopardized the presence of American Citizens abroad. While at home it intently cleared the way for all the financial mega-frauds, bubbles and the finally the collapse of the financial system. If this is what Fed Gov does best it should be abolished.
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