Lucille
10-26-2008, 01:17 PM
Power in hands of few replaces liberty for all (http://www.chicagotribune.com/news/columnists/chi-kass-bd-boomersoct26,0,4031465.column)
...But today's crisis has also led to the massive federal bailout of the financial industry, with Washington picking who wins and who loses. We're told that this arrangement is only temporary. But partnerships involving almost a trillion dollars that grant even greater leverage to Washington have a way of becoming quite terribly permanent.
So the leviathan grows, and the bureaucrats and the corporate types attached to this bailout deal see the world in strikingly similar terms. They share the same type of mind and they share the common purpose of maintaining the status quo. Why wouldn't they? They're on the inside.
The casualty will be the entrepreneurs, those on the outside, the ones who create the spark and offer up the products or the ideas that fire the economy. The entrepreneurial mind isn't willing to settle and wants to make more than $250,000 in salary or whatever the federal government deems proper. They don't want proper. What they want is to take risks and reach the American Dream.
Such men and women will be on the outside for decades now. When they get close to victory they'll get whacked with tax increases and the rug will be pulled out from under them. The rich will have their wealth. But new entrepreneurs will be hamstrung and without that creative spark, no government-administered economic system can survive. History has taught us this over and over again.
The bailout happened so quickly we haven't fully considered the effects. Will we recognize America 40 years from now? How long before we understand how fundamentally America has changed? What kind of generational conflicts will this new government market policy instigate? Will our children speak of liberty, as we once did before we forgot?
These days, liberty isn't in vogue. It's so, so olde. We forget to consider liberty as America's founders conceived it—as one of the rights given us by God. Liberty was something an entrepreneur could understand. But even before this economic crisis Americans were given a new word from the corporatist/bureaucrat dictionary: empowerment.
"Empowerment" kinda, sorta evokes liberty but not really, since "empowerment" is something a government confers upon its people (or its serfs) when government decides the serfs (people) are ready.
While writing this I received one of those chain e-mails, but this one wasn't about a politician or the widow of the Nigerian oil minister. It was about how to catch wild pigs. I don't know if you could actually catch wild pigs this way, but it really doesn't matter. In this method, you throw bucketfuls of corn on the forest floor. The pigs eat the corn. A month later you put up one side of a fence and more corn. Eventually, the pigs return, get used to the fence and keep eating. And another side of fence and more corn and so on, until you close the gate and you've caught the pigs. They've lost their freedom. They can't figure out what's happened.
We're not pigs, we're Americans, rightfully worried about the economic future. But the times are changing, and the Boomers should consider the costs and consequences of what they're being offered by our politicians before the last side of the fence goes up.
...But today's crisis has also led to the massive federal bailout of the financial industry, with Washington picking who wins and who loses. We're told that this arrangement is only temporary. But partnerships involving almost a trillion dollars that grant even greater leverage to Washington have a way of becoming quite terribly permanent.
So the leviathan grows, and the bureaucrats and the corporate types attached to this bailout deal see the world in strikingly similar terms. They share the same type of mind and they share the common purpose of maintaining the status quo. Why wouldn't they? They're on the inside.
The casualty will be the entrepreneurs, those on the outside, the ones who create the spark and offer up the products or the ideas that fire the economy. The entrepreneurial mind isn't willing to settle and wants to make more than $250,000 in salary or whatever the federal government deems proper. They don't want proper. What they want is to take risks and reach the American Dream.
Such men and women will be on the outside for decades now. When they get close to victory they'll get whacked with tax increases and the rug will be pulled out from under them. The rich will have their wealth. But new entrepreneurs will be hamstrung and without that creative spark, no government-administered economic system can survive. History has taught us this over and over again.
The bailout happened so quickly we haven't fully considered the effects. Will we recognize America 40 years from now? How long before we understand how fundamentally America has changed? What kind of generational conflicts will this new government market policy instigate? Will our children speak of liberty, as we once did before we forgot?
These days, liberty isn't in vogue. It's so, so olde. We forget to consider liberty as America's founders conceived it—as one of the rights given us by God. Liberty was something an entrepreneur could understand. But even before this economic crisis Americans were given a new word from the corporatist/bureaucrat dictionary: empowerment.
"Empowerment" kinda, sorta evokes liberty but not really, since "empowerment" is something a government confers upon its people (or its serfs) when government decides the serfs (people) are ready.
While writing this I received one of those chain e-mails, but this one wasn't about a politician or the widow of the Nigerian oil minister. It was about how to catch wild pigs. I don't know if you could actually catch wild pigs this way, but it really doesn't matter. In this method, you throw bucketfuls of corn on the forest floor. The pigs eat the corn. A month later you put up one side of a fence and more corn. Eventually, the pigs return, get used to the fence and keep eating. And another side of fence and more corn and so on, until you close the gate and you've caught the pigs. They've lost their freedom. They can't figure out what's happened.
We're not pigs, we're Americans, rightfully worried about the economic future. But the times are changing, and the Boomers should consider the costs and consequences of what they're being offered by our politicians before the last side of the fence goes up.