Wednesday, March 31, 2010

Persecution of Big Businesses


Bullshit. Without Government aid Goldman would have still survived. So long as there are companies in this world there will be companies looking to Merge and raise capital. Goldman is the best Investment Banking company in the business, like hell they would have failed without the Government. You don't have to take my word for it Warren Buffet sank $5 Billion into it before the Government offered it's bail out money and Buffet is the greatest Investor in history (Buffet's number one rule: Don't lose money, number two rule: don't forget rule number one). And don't give me that "Well he only invested in it because he knew that the government wouldn't let it fail" bullshit. If you know anything about his investment style you wouldn't dare make such a comment.
The Government shouldn't have bailed anyone out, let the weak go bankrupt. As Alan Greenspan calls it: Creative Destruction.

Big Government Sucks.

Friday, March 19, 2010

Obama Should Listen to Ben Franklin

I wish Obama would address the following quote:


I am for doing good to the poor, but I differ in opinion of the means. I think the best way of doing good to the poor, is not making them easy in poverty, but leading or driving them out of it. In my youth I travelled much, and I observed in different countries, that the more public provisions were made for the poor, the less they provided for themselves, and of course became poorer. And, on the contrary, the less was done for them, the more they did for themselves, and became richer.

~ Benjamin Franklin


A contradiction exists. Ben Franklin was a smart guy. Either Obama is right or Franklin is right, they both cannot be right when it comes to approach. So you must explore the possibility that Obama may be right or likewise Franklin could be right.





My money's on Ben