What’s happening in Greece should be another example of how socialism does not work. Something for nothing….over regulation…the modern effect of unions…and most who are receivers of the system voting for no change. When you run out of other people’s money it’s over, and the standard of living goes into a fast decline for everyone. As civil unrest follows, the government becomes much more authoritarian to keep order, and freedom spirals downward.
No economic success; no freedom.
Here in the US we have long since taken to spending borrowed money to make ourselves comfortable. But here we can borrow even more money and we can print money – unlike Greece.
Do you think we should balance our budget every year at all government levels?
Is freedom contingent upon being responsible with money both personally and as groups?
Yes – and yes!!!
Freedom is ABSOLUTELY contingent upon personal responsibility – both economic and social. It seems fewer and fewer people want to accept this simple fact of life. It is like the law of gravity, ignore it at your peril (and the peril of others)!
There is no such thing as a “Free Lunch”. Someone has to pay in the long run. Looking at what is happening in Greece and most other European countries, it is beyond comprehension that our country is taking the same path. Wake up America.
Yes, Yes, Yes!!! Larry Janesky for President! 🙂
You can’t punish producers. The government was supposed to protect us from people stealing our property, not forcibly taking it themselves and deciding who is worthy of it.
Taxation for the purpose of redistribution is not charity, it is theft at the barrel of a gun (IRS)!
If we take someone’s money at gunpoint and give 3/4 of it away to “good” causes that “help” people and industry and keep 1/4 for our trouble, is that charity?
“Our country was founded on two basic principles.
Don’t hurt people
Don’t take other peoples stuff.”
-Jason Stapleton
Absolutely; YES & YES. Whoever thinks that socialism, or communism, can work are people who have never wanted to do an honest day of work, have never ‘run’ a functional family, nor can they balance a simple budget.
Larry, it is as though you read the daily horror stories of many African Countries. What you warn here is a reality in the daily lives of millions of destitute people in Africa. The tragedy is that the Governments care nothing for the people (who WILL continue to vote them in next time), they only care for their own wealth and a privileged few who keep them at the top of the food chain.
Let us all keep honest.
Like the commits.
Epistemological
I don’t think it is that simple. Responsible borrowing helps everyone. In Greece the IMF and European Union should never allowed them to get further into debt to begin with five years ago. Lenders were greedy, wanted to believe that Greece could repay. Do the lenders have any responsibility in all this? Funnily enough it was the private lenders that got paid back with the bailout packages when really they should have been the last paid back. Similar to bailing out the banks by George Bush for a terrible situation they caused.