Saturday, May 28, 2011

Central Economic Planning

What is it with the central economic planning that is happening today? The definition of insanity is "doing the same thing over and over again and expecting a different result." Is that what our government is doing today. We are still in a crisis with no end in sight. What are we to do as the average American? Does it matter that I am writing on this blog? I see this government as doing the same thing over and over based on the economic philosophy our leaders love be influenced with. Whether it is Republican or Democrat they have the same people from the same institutions that created the financial meltdown.

For example: Does it make sense to have Timothy Geitner, Henry Paulson, Ben Bernanke, Robert Rubin, Larry Summers, Lael Brainard, Mark Patterson, Lewis Sachs, Gary Gensler, Mary Schapiro and other Goldman Sachs cronies working in the administration of Obama. Bush was not much different and most of these people had an impact on the Clinton administration as well.

The point is that we are letting the same people run our financial system who's choices helped to create the financial meltdown.

The movie "Inside Job" does a good job of showing who was associated with Goldman and how their economic planning helped create the crisis in the United States and the world. We have a situation here in the United States where things are not going to get better as long as we have people in office run by the elite that will not create a free economic market that we are constitutionally obligated to have. The regulations enacted recently do nothing but talk about helping the collective but when in reality they hurt the system because the middle class benefit not at all from what this culture has created.

Who could we elect that would change this system. Someone with REAL CHANGE.

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