YOU ASK TOO MANY QVESTIONS!
Posted on 05/04/2009 5:45:03 AM PDT by bushwon
When the President announced last week that he would “cut out the middle man” and make direct government loans to students, he laid bare his contempt for free enterprise. He is fulfilling a campaign promise by overhauling the system through which he claims “Private lenders are costing America’s taxpayers more than 15-million dollars every day and provide no additional value except to the banks themselves.”
Consider the philosophy behind his statement. If government cuts out the middle man and performs the service instead, it will be cheaper and more efficient, he reasons. Apply this same reasoning to, say, the entire banking industry. Government’s direct involvement in the banking industry can eliminate all those bonuses paid to greedy executives, and profits earned by greedy share holders, and make sure that loans are extended to low-income borrowers whether they qualify or not. Direct government control of the banking business will surely make it fairer, and more efficient.
What a fantastic idea! Someone should have thought of this before.
Apply this reasoning to, say, the auto industry. Government’s direct involvement can force the auto industry to dump the management that failed to produce the toy-cars that the government said would abate global warming. Government control of the auto industry can eliminate those nasty, unnecessary monster cars, such as the Pontiac, and more. Direct government control of the auto industry would certainly be more efficient, and would operate the industry in a more environmentally-friendly way.
Direct government control of the auto industry could eliminate the wasteful duplication of products and services. Why should there be three major auto manufacturers? The status quo requires three design departments, three different manufacturing operations, three different, but duplicative sales networks, and three different repair and maintenance systems. Imagine all the savings....
(Excerpt) Read more at canadafreepress.com ...
Government controls loans for college, students need/want them (parents college funds reduced due to poor economy). In order to qualify for government loan, will students be required to volunteer?
This question is not mentioned in this article, but it has been discussed in others. So if you must volunteer, is it truly volunteerism?
When you choke the golden goose, you generally get $#it!
YOU ASK TOO MANY QVESTIONS!
......if government cuts out the middle man and performs the service .....
This is merely substituting government hacks for bankers. The middlemen are required to do the job.The question is .....who gets paid for doing the work.
Hasn’t this “direct government control” of business thing been tried before? /s
The story as I remember it is that years ago there was one aspirin factory in the Soviet Union. All the wasteful duplication of effort had been eliminated. The aspirin factory had a problem that halted production. There was no aspirin to be found in the Soviet Union.
I suspect that the “planned economy” was a primary reason for the disappearance of the Soviet Union.
YOU ASK TOO MANY QVESTIONS!
obambi is an idiot, plain and simple. His pet project, socialism, has a 100% failure rate as a form of govt. At least when it comes to making the population happy and prosperous. Here that obambi? 100% failure rate! Yet you seem to want to try it again.
Oh, that's right. The excuse(s) for socialisms failures almost always fall into one of two categories: either those dirty capitalist, free-market countries conspired to bring about the peace loving socialist's downfall; or just the right people weren't in charge. The egotistical, elitist {expletives} in charge always think they know what's best. BS. I am seriously concerned that this great Country may not survive in a recognizable form to 2012 when we can vote this disaster out in a landslide. We may not even make it to 2010 where we can hopefully get a Congress that will put the brakes on this reckless little socialist.
“Direct government control of the auto industry could eliminate the wasteful duplication of products and services.”
The story as I remember it is that years ago there was one aspirin factory in the Soviet Union. All the wasteful duplication of effort had been eliminated. The aspirin factory had a problem that halted production. There was no aspirin to be found in the Soviet Union.
I suspect that the “planned economy” was a primary reason for the disappearance of the Soviet Union.
Ironic how we are moving away from market-based economy towards facism, and China and Russia moves towards market-based system.
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