Please #beacapitalist !!

Im begging all of you who are kind enough to give me the time to read this.  BE A CAPITALIST!  Reject these ridiculous policies coming from the Obama Administration.  They reward failure and erode the moral foundation that Capitalism is founded upon.  That,

Risk exists, and risk has consequences.  

If we hurt this, one important precept, we will do horrible damage to the legitimacy of the very capitalist markets that launched the United States to prominence.  Capitalism rewards the very spirit of human interaction and social disposition.  It is a key foundational element of our success  as a nation.

If you don't believe me, believe China!  This staunch Communist government adopted Capitalism.  Why?  Because they ceded to the fact that human interaction requires management of the more guttural aspects of human existence (Greed, Conquest, et al).  Capitalism provides a framework that allows individuals to satisfy these needs and serve the greater good of the country by advancing the economy.  It is perfect in it's structure and form for what it is and does.

However you can't have Capitalism without risk.  Risk requires the threat of loss.  Without that threat, there can be no reward.  Right now, in America 2009, we have the bill of all the risk we have taken coming due, and some of us will have to pay that bill.  The Government, with their poorly thought out, anti-capitalist plans is delaying the payment of that very bill.  They need to get out of the way and let it happen.

Fix the Banks First!

The fears of every true capitalist have recently been realized with the incredible misdirection of resources the federal government is employing with the stimulus package.  It is true, the country needs a stimulus to deaden the effects of the economic carnage going  on right now.  However the economy will NEVER recover without a banking system.  Its proper function should be the priority right now, not the appeasement of short term pain points in the system.  

This reflects a true problem with the "state of mind" of the Administration.  It is pedestrian.  It focuses on the surface level issue and does not deal with the root of the problem.  Yes, the Obama administration seems incapable of strategic economic thinking, choosing instead to focus on the partisan drumbeat of Nancy Pelosi and the big government crowd.   Just listen to Barney Franks on Meet The Press (3/8/09), and you can see the flaw in their thinking.  On the program, he illustrates that (paraphrase) "making a job in the public sector is a necessary contribution to the economy" when defending the spending efforts of the current stimulus plan.  

Yes.  The job contributes temporarily to the economy.   However it creates two very big problems.  1.  It consolidates job control under the government (not private enterprise) and 2. It is non-productive from an economic standpoint.  Meaning that job is not likely to create other jobs and build upon itself like an Entrepreneur starting a business would with the money.  This type of thinking is short term and pedestrian and does not "fix" anything but making us feel better for a short period of time.

America needs to take the medicine now.  Fix the banks first and forego the fulfillment of Ayn Rand's vision in Atlas Shrugged (Isnt it amazing how close this is all coming to the book?  Warren Buffett = John Gault?)