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Once upon a time there was a great nation built on free market and capitalism. The whole world knew you could come to America with nothing in your wallet and turn it into something prosperous. Many families of this nation have these stories of distant relatives coming from other countries with nothing and with a little hard work and some risk would make something of themselves. Well, I have to break it to you, those days are probably gone. The days of capitalism are dwindling as Washington D.C. is appearing more like Moscow in the late Soviet Union, than the United States of America that we knew and loved as under administrations like President Reagan. With big government taking control of most of the large corporations in the U.S. they are now finding it acceptable to regulate pay too. This idea is surely making our founding fathers roll in their graves!

Just recently the pay czar, Ken Feinberg, authorized the pay cuts of 50-90% for many CEOs who’s companies participated in the government bailout. This didn’t include all the companies that participated, no, it was only seven certain ones: Bank of America Corp., American International Group Inc., Citigroup Inc., General Motors, GMAC, Chrysler and Chrysler Financial. The two big ones who’s CEOs will not receive pay cuts are Goldman Sachs and GE. The reason being because these companies are going along with every major policy decision of the Obama administration.

These bought out, er, I mean bailed out companies are not the only targets though. This is also to include any business that the government, the treasury, or possibly, the fed deems is too economically important to fail. That would mean small business too, or the Chamber of Commerce who represents over 3 million businesses that engage in the free-market system. This administration wants to control your right to make money! The Federal Reserve in correlation with Ken Feinberg, has also proposed to monitor pay packages at thousands of banks, including those that never received bailout money. And this proposal covers a huge scope of nearly 6,000 banks and a wide range of employees, everything from executives to traders to loan officers.

Excuse me, but I am most positive that there is no where in the constitution that gives the executive branch the authority to regulate what privately owned businesses should pay their employees. I know some of you might say that because these companies took buy out, I mean bailout money that the government has every right to regulate their salaries. However, if that was the case instead of the administration making these decisions it should be the people whose money was used for the stimulus, but even that is not constitutional.

So here we are again looking at the Obama administration making anti-capitalist decisions leading us down the road of socialism to the town of communism. Which in essence is when the government is in charge of the economy. Is this the true intentions disguised by President Obama? And is this really what those who voted him into office had in mind when promised a new kind of politics? I would like to think not.  Like it or not, capitalism is what has made this country strong. Like a family to be formed starting with a Mother and a Father, in a successful society there must be those who make enough money to pay those whom they employee. A classless society where there is no wealthy may sound Utopian to some, but it can not, has not, and will not ever work.

Capitalism- an economic system characterized by private or corporate ownership of capital goods, by investments that are determined by private decision, and by prices, production, and the distribution of goods that are determined mainly by competition in a free market.

Communism- a : a doctrine based on revolutionary Marxian socialism and Marxism-Leninism that was the official ideology of the Union of Soviet Socialist Republics b : a totalitarian system of government in which a single authoritarian party controls state-owned means of production c : a final stage of society in Marxist theory in which the state has withered away and economic goods are distributed equitably d : communist systems collectively. ( Like Health Care Reform)

Marxism- the political, economic, and social principles and policies advocated by Marx; especially : a theory and practice of socialism including the labor theory of value, dialectical materialism, the class struggle, and dictatorship of the proletariat until the establishment of a classless society.

Sources:

http://www.rushlimbaugh.com/home/daily/site_102309/content/01125114.guest.html

http://sweetness-light.com/archive/obama-to-slash-bank-ceos-pay-90

http://online.wsj.com/article/SB10001424052748704224004574489263857516126.html

Glenn Beck Show 10/23/09

drmarxcartoon

If you were not aware of what our country is doing to our economy this should give you a pretty good idea. We have in the past months been told by several nations to slow our spending, stop the stimulus money, stop the unnecessary programs, and other advice since the stimulus packages by President Bush and President Obama have been passed. The Obama administration is not taking heed to any advice though and just keeps on spending, keeps suggesting more government controlled programs that we don’t want and they can’t afford.

So, what do we get in return? The United Nations wanting to replace the US dollar (which is the current world’s reserve currency) and replace it with a new global currency. Is this good for the US, no, of course not. This could ultimately send us into an economic collapse in which we may never recover. But can you really blame them? Look at how carelessly Obama and the two Houses have been just freely spending money like it will never run out in order to fund the socialistic agenda. I saw a quote by Margaret Thatcher that reminds me of this, it said “The problem with socialism is that eventually you run out of other people’s money.” Obviously, from this article in the Telegraph, we can see that our global financiers are not going to be doing so much longer.

Read the article here:

http://www.telegraph.co.uk/finance/currency/6152204/UN-wants-new-global-currency-to-replace-dollar.html

UPDATE 09/14/09:

Report from the International Monetary Fund stated, “…the international supply of two key reserve assets—gold and the U.S. dollar—proved inadequate for supporting the expansion of world trade and financial development that was taking place.”

World Net Daily’s Jerome Corsi comments, “If the plan succeeds, the United Nations would effectively end up replacing the United States as the issuer of the one-world international currency used as the standard of foreign exchange to settle international trade transactions,” Corsi wrote. “The move would obviate the need for any nation state in the future to be the arbiter of world trade, marking yet another blow to national sovereignty on the path to one-world government.”

I for one think that communism would not work here in America. We simply have too many bull headed people out there that would not stand for it. I pray that I am right. But I can’t deny the surprising finds that I have been coming across in researching the people that have been put into power in our country lately. The vast majority are either openly communist, or socialist radicals, or we can see through their actions and affiliations that they are indeed that. This really has caught me somewhat off guard as I was leaning more toward the softer of the two, thinking that many were merely borderline socialist but still wanting to uphold the constitution and the other laws that have been laid out in our country. Only recently have I come to realize it is a complete overhaul that most of the current administration is looking forward to implementing. Now, it becomes even more chilling when those who have lived through a communist regime, Russians, are coming forward and warning Americans of the signs that they see happening in our country.

Stanislav Mishin wrote an article titled “American Capitalism Gone With A Whimper,” in which he details the similarities he sees in the American government and economy with the previous Russian communism. The article Stanislav wrote is very powerful and thought provoking. And for the American patriot, it is near heart breaking. He begins by pointing out the begining was within the past 20 years or so, “First, the population was dumbed down through a politicized and substandard education system based on pop culture, rather then the classics.” In truth, our schools are ran by the US Department of education.

Second, he goes on to religion stating, “Then their faith in God was destroyed, until their churches, all tens of thousands of different “branches and denominations” were for the most part little more then Sunday circuses and their televangelists and top protestant mega preachers were more then happy to sell out their souls and flocks to be on the “winning” side of one pseudo Marxist politician or another.” I do not think this goes for all churches. There are a great deal that are still only centered around God, however there have been those that have been revealed to be bending their values for “current times”.

The post by Stanislav Mishin then moves on to the present day. Referencing the administration we now have in office, Stanislav says:

“The final collapse has come with the election of Barack Obama. His speed in the past three months has been truly impressive. His spending and money printing has been a record setting, not just in America’s short history but in the world. If this keeps up for more then another year, and there is no sign that it will not, America at best will resemble the Wiemar Republic and at worst Zimbabwe.”

Now, if that doesn’t send chills down your back as an American, then I don’t know what will. How is it that someone in another country can see it and yet so many in America blindly follow along willingly giving up their rights and freedoms without a care in the world? I’ll tell you. It is because he has seen it, he has been there and witnessed communism and socialism first hand. He knows what it does to a country. I have only touched a little on this compelling article which goes on to make many more important points. But the one that got to me the most is the very end. And it is what I will leave you with in my post. As quoted from “American Capitalism Gone With A Whimper”:

“The Russian owners of American companies and industries should look thoughtfully at this and the option of closing their facilities down and fleeing the land of the Red as fast as possible. In other words, divest while there is still value left.

The proud American will go down into his slavery with out a fight, beating his chest and proclaiming to the world, how free he really is. The world will only snicker.”

Resource Sited:

http://english.pravda.ru/opinion/columnists/107459-1/

Another article from a Russian professor warning of America’s collapse:

http://www.prisonplanet.com/russian-professor-collapse-of-america-could-begin-in-two-months.html

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