Tuesday, March 17, 2009

We hold these truths to be self-evident....

The news has really been interesting over the last couple of days....in particular, I have been watching the government's involvement in business.

On April 1 new tobacco taxes will go into effect. The expressed purpose of these new taxes is to curb smoking effectively killing the tobacco industry.

Yesterday, President Obama announced his goal of preventing AIG from paying the executives millions of dollars because the government had given them money and therefore had 'leverage' in how they run the business.

Here's the thing, everyone knows that smoking is bad for you. Everyone knows that wearing seatbelts are a good idea. However, these are matters of personal choice not government control. I've debated many people about these issues and have found that the opposing argument always seems to involve the 'good of society' over the 'rights of the individual'. I feel that this is a very dangerous 'slippery slope' type of concept. It is a socialist idea that has grave consequences down the road.

I find it very interesting that our government would take it upon itself to destroy one industry that it finds unacceptable while protecting another. It is also very interesting that the government feels that it should have a say in the running of the business since it gave money to the business.

It is a very difficult problem, government should have no involvement in business whatsoever. In my opinion, businesses should stand on their on and live or die based on their performance. The government has determined that AIG, the auto industry and certain large banks are too big to allow to fail. Therefore, their involvement became necessary. Though our economy would likely be in grave shape if these businesses should fail, as a matter of principle, I believe it should have happened. I believe that the path that the government has chosen will lead to more serious consequences to our Liberty down the road.

1 comment:

TARA said...

If the situation weren't so bleak, it would almost be comical. We have AIG who made poor business decisions so the Gov't gives them billions upon billions of more money to manage poorly?!? Then the Gov't has a problem with how it was spent?

I'm ready for my own island, where common sense rules and one isn't surrounded by absurdity at every turn. I hear New Zealand is a nice country. I think I'll become a shepherdess.