Archive for February, 2009

Tuner38’s Blog › Nationalize the Debt

February 25, 2009

The government says,” It may have to nationalize the banks.”  The banks are usually a depository of assets that they loan a percentage of to earn money to stay in business.  Since the government has no depository of assets it can loan a percentage of they must think a huge national debt will be an adequate substitute.  But if this is true why not just declare all that is necessary to be bank is to have a lot of debt.  Now all who are in debt can declare themselves to be a bank and loan themselves money to alleviate their debts.  Think this won’t work?  Then what makes you think spending more will get the nation out of debt?  Wake up.

Tuner38’s Blog › Ignoring the Future — WordPress

February 5, 2009

The fact that all forms of government services are cutting back and/or charging higher fares as the country faces an economic meltdown shows how ineffectual government can be when trying to provide services that should be privately run.

As revenue slips private companies retrench but government doesn’t.  This attitude is only putting the country in greater financial distress. It would be a good time for a privatization movement which could unburden the government of what it cannot afford, initiate competition and the injection of profit making sound business principles.  

If people want to keep begging the government for money it doesn’t have to keep these quasi government businesses going and living by the rules the government attaches to the “loans”, they will have regressed into the feudal realms of antiquity and can no longer claim to contribute to the “home of the brave” in spirit.