Comments on: Obama’s Address to Congress http://www.jalash.com/2009/02/26/obamas-address-to-congress/ Pursuing Truth and Love in All Things Tue, 26 Jul 2011 17:03:24 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Jesse Thompson http://www.jalash.com/2009/02/26/obamas-address-to-congress/comment-page-1/#comment-399 Jesse Thompson Thu, 26 Feb 2009 18:20:04 +0000 http://www.jalash.com/?p=470#comment-399 I worry about our nation's future with respect to government involvement in the economy. Whatever happened to laize faire? A free market economy? Our country was founded on capitalism and has thrived ever since, but with all these corporate bailouts and stimulous plans I can't help but think that we are slowly eroding away the foundation of our great economy. Banks and lending companies took foolish risks trying to make fortunes in the sub-prime loan market, but when it all caves in (which it was bound to do when you consider the circumstances) who pays the price? Obviously not all these financial institutions that are receiving bailouts. It's the taxpayers. The young middle class will be stuck footing the bill but who are also being denied loans to purchase a house. I just don't understand where all this money is supposed to come from for all these bailouts AND for all these "economic stimulous" plans. If you add in "affordable health care for all americans" and increased taxes on the wealthy, what I'm seeing is a gradual redistribution of wealth. I know a lot of people who disagree with me, but I believe healthcare is not a basic human right. It is the product of a hard working individual in a capitalistic society. What I'm getting at is it seems to me that we are running the risk of seriously damaging our economic model in our pursuit of short term security. I say let the banks and auto companies fail if they cannot provide a product or service to the american people that produces a profit. Otherwise, we're headed straight for socialism. You make a good point though, Jeff. Our only real hope for peace and security is found in Jesus Christ. In the words of Derek Webb... My first allegiance is not to a flag, a country, or a man My first allegiance is not to democracy or blood It's to a king & a kingdom I worry about our nation’s future with respect to government involvement in the economy. Whatever happened to laize faire? A free market economy? Our country was founded on capitalism and has thrived ever since, but with all these corporate bailouts and stimulous plans I can’t help but think that we are slowly eroding away the foundation of our great economy. Banks and lending companies took foolish risks trying to make fortunes in the sub-prime loan market, but when it all caves in (which it was bound to do when you consider the circumstances) who pays the price? Obviously not all these financial institutions that are receiving bailouts. It’s the taxpayers. The young middle class will be stuck footing the bill but who are also being denied loans to purchase a house.

I just don’t understand where all this money is supposed to come from for all these bailouts AND for all these “economic stimulous” plans. If you add in “affordable health care for all americans” and increased taxes on the wealthy, what I’m seeing is a gradual redistribution of wealth. I know a lot of people who disagree with me, but I believe healthcare is not a basic human right. It is the product of a hard working individual in a capitalistic society. What I’m getting at is it seems to me that we are running the risk of seriously damaging our economic model in our pursuit of short term security. I say let the banks and auto companies fail if they cannot provide a product or service to the american people that produces a profit. Otherwise, we’re headed straight for socialism.

You make a good point though, Jeff. Our only real hope for peace and security is found in Jesus Christ. In the words of Derek Webb…

My first allegiance is not to a flag, a country, or a man
My first allegiance is not to democracy or blood
It’s to a king & a kingdom

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