Margaret Thatcher said, “socialism is a great idea until you run out of other people’s money.”
This is what happens when you run out of other people’s money…yes, its 13 minutes, but its worth it.
The promises of a great society based on government defined and imposed equality and fairness is impossible to maintain. The fundamental flaw in Liberal or Progressive thinking is that the money will never run out; that the individual will accept the loss of freedoms; that the pride and will of the individual will be broken.
The United States was founded on the basic principal that each individual has equal opportunities to succeed and prosper to the extent that they’re willing to put in the effort. In such a system, individuals and firms have the right to own and use wealth to earn income and to sell and purchase labor for wages with little or no government control.
Capitalism does not fail the people; the people fail at capitalism.
Ford has made themselves the example for the other car makers. Ford posted a $2.2 billion (yup, B) profit in the second quarter of 2009. Yes, a profit. In the middle of one of the worst recessions ever.
The smartest move Ford made was not taking any bailout money. While GM and Chrysler were begging for easy money and blaming the world for their problems, Ford hunkered down and got to work.
I love my Ford vehicles and today I am even more proud that I have owned six Ford trucks over the last 17 years. A Ranger pickup (4 years), an Explorer (8 years), an F150 (5 years and counting), and the wife has had an Escape (4 years) and an Expedition (2 years and counting).
I have a few problems with the F150, but nothing serious. The power window mechanisms have issues. I blame it on first year model redesign bugs. Other than that, I have had nothing but great trucks which took some abuse (especially the Explorer and F150).
I have owned several GM products in the past and they always had issues. Computers dying, steering systems freezing up, bad valves, on and on. I’ve never been a fan of Chrysler, they never had anything appealing and I knew the quality was lacking.
So… Dear Leader jumped all over the bailout of GM and Chrysler. “We gotta fix them, make them more competitive…” My question is this…
Will Barrack Obama come out and praise the work that Ford has done to avoid government interaction? Will Obama praise the rewards of a capitalist economy where competition yields the best product or service?
Hell no he won’t. Dear Leader is about control. He believes only government can make companies and workers better. He will criticize Ford for posting a profit, saying, “How can a greedy corporation keep a profit in times like these, all at the expense of laying off workers and cutting hours?”
If Barry had ever been in charge of anything, he would know that in order for a company to be profitable when revenue is down, that company must cut expenses. Most people call that living within their means. Of course, Liberals like to live beyond other people’s means.
So….well done Ford. Keep up the good work and I’ll keep buying the cars.
As an aside: Why do liberals believe in evolution in nature, but not evolution in business?
…again, I don’t like these bonuses for various execs when the economy is tanking… The blind hatred for corporate folks has approached a level of blatant stupidity and absolute insanity. The protesters don’t even understand why they’re angry. Sure, the bonuses are crap…but, uh, guys… YOUR GOVERNMENT created this and allowed it to happen. AIG [...]
I love Ayn Rand’s Atlas Shrugged. I’ve read it twice and lately, I’ve felt a need to read it again. Recent thinking and the shift of America’s political spectrum have caused me to stop and consider the purpose of work and its resulting reward. Apparently, I’m not the only one.
i’m sick and tired of people who say that if you debate and disagree with this administration, somehow you’re not patriotic. we need to stand up and say we’re americans, and we have the right to debate and disagree with any administration.
~hillary clinton
in a time of universal deceit, telling the truth is a revolutionary act.
~george orwell
no problem can withstand the assault of sustained thinking.
~voltaire