Full Disclosure
There appears to be a backlash against capitalism going on in America at the moment due to our current economic troubles. I’m of the opinion that we haven’t been watching capitalism in action over the last several years, but a bastardization of it - although that’s a different conversation all together. We have watched the economy tank, in part, due to unscrupulous people proclaiming to make money only to be found as frauds when their house of cards collapsed. Bernie Madoff is a good example. These people built up their personal wealth at the expense of others. They did so in an effort to either accumulate money or power or prestige or any other number of selfish motives, but they did so in ways that disguised their deceit. All of this was deplorable and I’m happy to see them pay for their actions while I genuinely feel for those who were duped.
The more I think about the “stimulus” package that our congressional leaders are promoting and the eager lobbyists are foaming at the mouths over, the more similarity I see between the deceit on Wall Street. The biggest difference is that our congressmen aren’t hiding the methods for which they are amassing their wealth - they’re just printing more money and giving it to the people who vote for them. In a sense, they are putting even less effort into accumulating their wealth, power and prestige than the Bernie Madoff’s of the world and they are doing it right in front of our eyes.
Does this concern anyone? Does anyone feel that we’re just lining up for an even bigger economic collapse than what we’re experiencing right now? If we’re putting our faith in the government to save us with this “stimulus” idea, who will bail out the government when this idea fails?
