Self Destruction

My background is aviation, from General Aviation to Corporate with a short stint in Commercial.  I have been laid off several time during the last 35 years and survived each time.

I have also been a small business owner with a business that failed.  As a conseqence we have 3 mortgages that we have to pay.  I understand a failed business.  I understand being out of work.

During our local news broadcast tonight a story was broadcast that the local GM factory may be closing.  The owner of a local restaurant/bar was interviewed and she proclaimed “I hope the bailout goes through”

Sorry, I AM sympathic, but this is a perfect example of “penny wise, pound foolish” or, at least, shortsightedness.  Hey, you start a business, you take your chances.  If all your eggs are in the basket labeled “auto worker customers” and the auto workers get laid off, you have no one to blame but yourself…..bad planning in the long run.  Geez, she didn’t think AUTO WORKERS get laid off?

The alternative is to nationalize as much as we can to minimize the losses…..

Wonder how her business will be then….

See previous post…………

We Shall See

Sohere we are, Obama has won the election and we have an unknown future ahead of us.

We shall finally see who was correct, the left or the right.  Will Obama really make life better for the U.S. and the world or will this be the beginning of the end (well, more accurately the middle of the end) of our society as the founding fathers envisioned it.

Frankly, I believe that we will see further erosion of liberty in this country as we turn more and more of what was our own personal responsibility over to the federal government.

We will succeed in altering the grand experiment to such a point that the founders of this country would not recognize it if they were to rise from their graves.

And for that I am sorry for my kids and grand kids.  I am sorry because they will never know of, or experience, the greatness of this country as it was when productivity and innovation were the rule and reliance on the government was a bane. 

When  wealth redistribution is government policy, innovation and productivity slow and stop.  And greatness ends.

So, will the socialists really have won? 

We shall see