On The Path To Socialism.Failure Is Not An Option.

FAILURE. Its a word we have grown increasingly uncomfortable with in our society, of late. From little league T-ball to banks that are "too big to fail".We have lost the ability to admit that success is earned and not guaranteed. After all this is America, the land of plenty , we shouldn't suffer any inconvenience especially when fat-cat Wall Street power brokers spend millions redecorating bathrooms in palatial high rises . Its just not fair! Why shouldn't the government force them to share the wealth,especially when they are taking taxpayer money to keep these corporate giants afloat? Good question.

Why did we start allowing our kids to play in T-ball games that,in the end,will not reward one teams hard work nor allow the other team the opportunity to learn from its mistakes? I will not argue that this,for a time, will not improve a child's self-esteem.....but at what cost? Is our job as parents to simply ensure that a child is protected from any form of adversity, or does it go deeper than that? Aren't we supposed to be preparing them to function and be productive in life?

It has become clear to me that recently we have allowed this mentality to creep into every aspect of society. It ranges from little league all the way to Wall Street. The core of our financial crisis started with the unwillingness of community activist and government to let people live, and in some cases suffer the consequences of their station in life. We regulated financial institutions into making loans,while abandoning minimum criteria that had served us well for many years. We used to require a certain amount of job time,money down and income to be able to secure a mortgage. Some saw these criteria as a means that the evil rich used to keep minorities and the poor from being able to share in the American dream and own a home. When you think about it,that's a pretty easy sale on a populace that is being conditioned to not accept failure.Only now have we learned the cost of such thinking.

This problem was exacerbated by greed on Wall Street.The prospect of being able to "package"these questionable mortgages and sell them as "securities" to other entities was too much for some to pass up. So now we find ourselves in a situation where our lack of morals and reasonable guidelines have put all of us in a quandary of how to fix this mess. Ask yourself, who is less moral? The "homeowner" that signed a note on a house he knew he couldn't afford or the Wall Street broker that profited from selling packaged securities for an obscene profit? In my opinion,they both suffer from questionable morals.

Is the pursuit of wealth or the possession of wealth a bad thing? NO! Our Constitution provides EVERYONE with the right to pursue happiness. Happiness can have many different meanings to a myriad of different people but I will admit,that in America today,we all too often mistake wealth for happiness. The "keeping up with the Jone's" mentality has caused us to become too beholden to wealth, real or invented. We allow the government to force institutions to let people live above their means,while at the same time turn a blind eye to politicians and power brokers that garner wealth and votes from the very people they propose to help.

Now we find ourselves in the mess we have today. The new President seems to lack the basic financial knowledge that you cant spend your way out of debt. He continues to write checks from a checkbook that is already operating in the red. Its funny to think that we are proposing to fix this mess with the very philosophy that got us here. Haven't we established that living above our means and taking on debt we cant possibly afford is how we got here? When will we learn that a society conditioned to believe that they cant fail will continue to make bad decisions in effort to keep failure at bay,if even for just one more day?

Let me give you all a much needed reality check. There is no one or no institution that is "too big to fail"! The free market is based in that very reality. The institutions that make up our markets live and die by that very FACT! When we propose that we can regulate markets so they don't have to eventually submit to these realities, we do our country and its citizens a great disservice. Right now we are continuing to inflate a balloon that is DESTINED to pop! Until we let it pop and free market forces take over,we are only prolonging the inevitable. What cost do we risk when we continue to throw good money after bad? Ill tell you, and some of you will not face it. We risk the very FAILURE of our nation! That's right! We, the United States of America are not too big to fail!

This is not going to be easy. People and companies will suffer. Ask your self, weren't the spending/stimulus bills supposed to override market forces and keep us from losing jobs and the stock market from crashing? Yes! That's what you were told. They just didn't tell you of the reality that I just shared with you that you cannot stop market forces from running their course. The proof is in the pudding and we ARE losing jobs and the stock market is crashing DESPITE the Trillions we have thrown at this problem. We have no other choice but to let the balloon pop and restart from solid ground,the solid ground that will ONLY be found when we let the chips fall where the free market says they will.

When we let this happen and start to rebuild we must remember that we have to live within our means and by the unchanging laws that make up our economic world. You cant pay for a house you cant afford. You cant regulate markets to protect people from failure. You have to let those that made bad choices fail. The liberals will tell you that de-regulation caused this in effort to pass MORE regulation to "protect"you. WE KNOW BETTER! We have to face facts and learn the reality that OVER_REGULATION caused this. We have enough laws on the books to protect us from the greed that we know can exist in free markets, we just need to watch them and heed the warning signs that were ignored by Barney Frank and Maxine Waters.These two "protectors" refused to listen when warned in congressional hearings that this crisis was on the horizon. They were too weak to tell their constituency of primarily poor minorities that these loans could bring about the collapse of the entire economy...after all....they had to get their votes.......


Running a government can be compared to parenting in the following way. You have to learn to tell a child what you WONT DO FOR THEM in effort to prepare them for the reality of life. Our government,President Obama and Democrats spend an awful lot of time telling us what they WILL DO FOR US even if it's not good for us. Why do they do it? Because its what many of you want to hear! You want to believe that you can make it in this world without hard work and sacrifice and they are all too eager to make promises they cant keep or that will cause more harm than good. THEY NEED YOUR VOTE! We have proven they lack the honesty to tell you the truth so its time for us to face facts,rise to the challenges life presents and become a strong self reliant country once again. We all know the recipe that made us a great nation...Self reliance,integrity,hard work and ingenuity....its just that some of us have forgotten that WE posses the ingredients not the government.