Tuesday, May 12, 2009

‘How Did We Get to This Point?’

Lt. Col. Allen West asks the question that many of us have been asking ourselves for some time now.
How did we get to the point where we are told that “only government” can remedy our current economic situation? Last time I checked it was government that placed us in this situation. Our founding fathers guaranteed us the right to life, liberty, and the pursuit of happiness, not the right to happiness. When government made the fateful decision that everyone in America was entitled to own a home this terrible crisis was born.

Home ownership is a privilege, something achieved through dedication and hard work. It should be earned. However, those in Washington brought forth legislation, which lowered standards for mortgage lending. It also pressured financial institutions that tried to maintain appropriate lending standards and levied fines against them for non-compliance. Dwight Eisenhower once said, “A people that values its privileges above its principles soon loses both.” When government places entitlement over empowerment you will head down the road to perdition, which is where we find our America heading.

Five months ago, we were told that our financial system would collapse and were sold a bill of goods in the Troubled Asset Recovery Plan (TARP), aka bailout, which turned out to be nothing more than a big government spending spree. When did our country, which was paid for by the blood of revolutionaries that sought to create their own nation far from the grips of a strong and tyrannical government, become one that looked to government to solve all of our problems? More to the point, when is the last time “more government” ever fixed a problem for you or the ones you love? Government is not the answer to our financial woes; the answer lies with the ingenuity and spirit of the American citizen. President Obama continues a fear-mongering tactic to get us to believe that this plan is what is needed. A recent Congressional Budget Office analysis, and many top economists, stated that we could do nothing and be better off than with this plan.

There is quite a bit more at the link above...do read it. You won't be sorry.

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