True capitalism allows things to fail

The reason why Reaganomics and capitalism are failing is because we continually bail out companies and banks that make terrible financial decisions. They pay nothing- there is no consequence! They receive a golden parachute for driving the economy into the ground. None of this is true capitalism nor is it Reaganomics. It is a perversion of true principles.

We as a people must learn to take responsibility. To stand for liberty and freedom rather than a bail-out and a hand-out. When this country was founded, there was no guarantee of success. There was, however, a guarantee of life, liberty, and the PURSUIT of happiness. That means that failure IS an option, and we can learn from our mistakes and pursue happiness in the way we see fit without infringing on the rights of others to do the same.

When we remove the ability to fail, we remove our ability to learn, grow, and understand how to build a “more perfect union” (or economy) in the correct way. I do not claim to know what that way is, but if we continually bail out incompetent failure, we will never find out.

Related Posts:

• A Depression Never Ends (1929-2009)
• Job seekers: Looking for a job is a waste of time.
• Nothing has fundamentally changed on Wall St or in Washington.
• It is NOT the job of the government to prop up the stock market.
• Good job, Obama.

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