Yellow Freight (Yellow Worldwide--YRCW) is a trucking company. Shirppers Transport was my borther's trucking company now in bankruptcy. Two MILLION dollars would have saved my brother's company. An item of Friday's news is that YRCW is going to ask for 1 BILLION dollars in Federal "bailout" money to "save" YRCW.
President Obama, Timothy Geitner, President Bush, Henry Paulson, Wall Street, and the Democratic and Republican establishments could argue for a thousand years and nnot successfuly explain how this makes sense. Even if YRCW did not receive its requested bailout, and it certainly should not, the entire bailout culture has made no sense. Who picks the "winners" and who picks the "losers", in the Age of Obama (which, as I have said, started before Obama was President). For example, the "establishmment" made sure GE survived, even though the unreasonable refusal of a GE unit (GE Fleet Servies) to work with my brother directly caused the demise of Shippers Transprot.
Who says that YRCW, Citigroup, GM, or Goldman Sachs should be "saved", while my brother's comny is is allowed to gou uner without any qualm (by the "establishment")? Well, we know the answer to that. The CENTRAL PLANNERS now in charge make these decisions, and they are basically arbitrary decisions. The most that can be said is that Democrats AND Republican central planners are now showing an enormous BIAS in favor of Big Business--in favor of economic fascism. "Economic fascism", again, is defined as a partnership between big business and government--dominated by government, which has been described as "socialism with a capitalist veneer". Almost everyone on wall Street is now an econoimic fascist (Larry Kudlow, this CONTINUES to mean :YOU, along with most other people who appear on CNBC).
Now my brother opposed all bailouts. He was not looking for the government to bail him out. Of course, he would not have turned it down, but he recognized the INSANITY, and inherent, blatant unfairness of this "bailout culture" dominated by central planners with their own agenda. My borother was, and is, simply ANGRY that others--less worthy, or certainly no moe worthy than his compnay--got bailed out, while he did not.
Therefore, my brother favors something which I also favor. He favors voting out ALLL politicians presently in power--ALL of them. I guess he (and I) MIGHT relent as to any politican who can show that they opposed ALL of these bailout measures from the begninning. Do you realize how FEW that number is?
WHY should my brother vote for Republicans who enabled this to occur fully as much as Democratss? Why should I? I remain pretty confidant that I will vote for NO Republican during the remainder of my life. It is only when enough people get ANGRY that we are going to throw all of the bums out and start over. At the very leaset, there needs to be a revolutioon to take over the Republican Party (Democratic Party is beyond hopeless, but the present result would not be materially different under McCain).
Tihs is one of the big rroblems for Republicans. They did NOT firght for my brother's interest (in fairneess and principle). They did not fight for mine. My brother and I are not "turn the other cheek" kind of guys. We will NOT "fight" for Republicans who betrayed us.
The prroblem that Democras have is that they have already guaranteed disaster by their exercise in central planning, encomic fascism, unrestrained Big Government, unfairness, and total idiocy. Their party is doomed too. The difference there is that there doom probably also means at least temporary doom for the country. As I have said, I am a pessimist on this. I believe the country cannot survive the present policies, at least in its present form.
Will the Republican Party be arond to benefit from the preordained failure of Obama (preordained because there is not even a THEORETICAL case for central planning working--much less a practical example in history)? The only way it will still be around is by a conservative coup transforming the entire party into something very different from the "establishment" party it is today.
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