Caveman Economics 101Cavey explains it all...
OK fellow Bloglodytes, time for everyone to keep their cool during these unsure economic times.
Yes, yes... we all know that a whole buncha Fannie Mae-Freddie Mac-Lehman Brothers kinda guys who had for every $1 of capital/equity, they had $30-$60 in debt, these goombas are all dying off and being swallowed up by someone else.
And hopefully, this brief flirtation with Socialism will be just that... brief (no thanks to the RepubliCrats). But eventually the strong companies will own the weak ones.
Just remember gang, there's a reason why fast lions eat slow gazelles.
All I am saying is give capitalism a chance. Sing along with me... you know the words.
Of course if Obama isn't a citizen of the US...Obamunism may not exist.
ReplyDeleteCapitalism isn't necessarily bad - the idea that the best run companies with the best products to offer will win is an attractive option. And of course socialism is worse - as a nationwide, government-run structure, anyway. After all, the early Church looked a tad socialist but it wasn't bureaucratic and everyone really WAS genuinely concerned with everyone else's well-being.
ReplyDeleteBut it must be said that capitalism really does lead to some dangerous concepts of humanity. I believe it was JP2 who warned against secular humanism and its tendency to warp the concept of the intrinsic dignity of human life.
In a perfect system, capitalism works. In OUR system, it's only probably the best option - the best of all evils.
I just hope they get that cleared up before the election so we don't have another 4 years of "He's not my president."
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