Wednesday, March 25, 2009

Taking Your Business, By Duress

I'm aghast. Utterly, and truly, mind-numbed beyond belief. I have now read something which utterly scares me.

Odd how that seems to happen with more and more frequency these days, eh?

So, what has gotten my proverbial panties in a bunch (does "this time" need to be added?)?

Well, it's Treasury Secretary Geithner, who happens to be Obama's lapdog employee in matters relating to finances and the economy. What's happened is that on Tuesday he went before Congress and "requested" the ability to seize non-bank financial firms (as an aside, the non-political FDIC can seize banks). This power he would then exercise via consultation with the Fed and the President.

So basically, what this guy wants is the ability to nationalize any organization that strikes his fancy.

And how exactly is this not socialism?

Amusingly, Congresswoman Michele Bachmann (R-MN) has apparently jumped on the Ron Paul bandwagon and started questioning him on just what part of the Constitution allowed for this, and other actions that have been taken since March of 2008, to occur.

Of course, he was only able to point at Congress since no one in the White House is quite certain just what the Constitution says. After all, they had quite a bit of fun rewriting/interpreting the second and fourth amendments (as an aside, as of today (3/25) that bad wording is still up at site).

This is why our nation is failing. This is why we need major reforms of our laws. This is why we need to go back to our roots and shrink this over-bloated monstrosity which we call a Federal Government.

When the government begins to take the stance that it is all right for it to randomly, and unilateraly take private possessions then you know something is amiss. You know that our freedoms and our liberty are once again curtailed and will suffer.

Additionally, wasn't one of Obama's "promises" to do away with the whole lobby construct? How exactly would this help that? What this does is forces non-bank financial corporations to PUSH money at those they beleive will be in power in order to buy good will so that their business won't be seized by government fiat.

Don't believe me? Then how about this, we know that Chris Dodd is the Senator responsible for ensuring that those $160 Million in bonuses (out of the $107,000 Million in federal "bailout" funds) at AIG were allowed legally. Guess who got the most campaign contributions from AIG?

Here's a hint, it wasn't Ron Paul. Heck, it wasn't even Barney Frank this time.

This is the environment which the Obama administration is creating. Strong-arm tactics designed to force companies to do the will of the administration -- or risk your entire company being TAKEN from you.

Finally, once the government has this power in the hands of the Treasury Secretary what is stopping them from putting it into the hands of the Energy Secretary or the Commerce Secretary? It's a very small step from the government grabbing "non-bank financial companies" to the government grabbing "companies."

We've seen it in Public Domain seizures. Traditionally, properties were only grabbed in Public Domain for roads or schools or other government needs. Today, thanks to the Courts, Public Domain is utilized to seize property so that it can be given to private investors.

Now, imagine this scenario. Say, someone owns and runs a small non-bank financial firm. Now, imagine that AIG has been trying to purchase this firm, but offering a pittance as opposed to a true valuation of the company's worth. Since we know that AIG can buy Senator Dodd in the matter of bonuses, it's not a small step to seem them buying a Secrertary and having this small firm seized, and then given over to AIG, much the same way that Public Domain works today.

Now imagine that being the case for any business anywhere.

With this power, the government will utterly own every aspect of our lives. Everything we have or do, will be at the whims of the government. We will be slaves to this massive monstrosity which is Federal Socialism. Consider the following:
  • We rent our land from the government (since we're forced under duress to pay property taxes or be evicted from said land) despite any type of ownership claims
  • The government can claim said land, and give it to any organization as they see fit via Public Domain
  • The government can seize your finances or non-land property on the suspicision of drug activity thanks to the "War on Drugs" (unless you happen to be a current or former Congressman)
  • The government seizes your income (and the more you make, the more they take) to redistribute it as the government sees fit
  • If this new power is given to the Administration, the government can seize any business, and all businesses will run at the whim of the government rather than market forces
This is the "Land of the Free" which our forefathers shed their blood and tears for. This is the land which our forefathers threw tea into Boston harbor for.

If only it still was.

A wise and frugal government, which shall leave men free to regulate their own pursuits of industry and improvement, and shall not take from the mouth of labor the bread it has earned - this is the sum of good government. - Thomas Jefferson

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