ATTACKING CAPITALISM TO SELL CENTRALLY CONTROLLED ECONOMY

ATTACKING CAPITALISM TO SELL CENTRALLY CONTROLLED ECONOMY

By Domenick J. Maglio PhD. Tradizionale Realista

In 2008 the slogan” Too Big to Fail” spoken by President Bush treasury secretary, Henry Paulson was a shocking acknowledgement that the federal elites no longer felt the need to pretend they believed in capitalism. The merging of central government and international corporations through the revolving door process has become undeniable.

A major tenant of capitalism is that any business no matter its size will fail when it is unable to pay back the business’s liabilities. This elimination of non-profitable enterprises cleanses the market of inefficient businesses. In its place other newer or smaller businesses will expand to more effectively serve the customers of the failed corporation.

“Too Big to Fail" is antithetical to capitalism and a gateway to a centrally controlled economy and repressive state. It is a corruption of capitalism.

Big Government like large corporations even with the economy of scale has a difficult time controlling the explosion of bureaucratic expansion and waste.  Bureaucrats are incentivized to build their kingdoms rather than be efficient.  By restricting capitalistic competition it will blur any strong contrast or highlight the government inefficiencies of inferior service and products.

Presently in America the laws of a free marketplace are not being allowed to prevail. Our bloated federal government has gained enormous control of the economy through laws and regulation. The government connected corporations are given special waivers to bypass regulations that other companies have to meet thus giving them an unfair advantage in the competition.  Bundled campaign donations earn ambassadorships or access to the oval office. The offering of top corporate paying positions to political operatives in exchange for preferential legislation is becoming common practice.

The smaller the business the easier it is to monitor and supervise its employees to insure maximum agility. The large international corporations are on the other side of this continuum and have the most difficulty supervising its complex structure.  The diversity of operations and multiple sites all over the world creates an incredible challenge to maintain a streamlined operation.

This same phenomenon takes place in government agencies. We have witnessed this first hand in Obamacare. Attempting to manage 1/6 of the nation's economy has been a disaster. Even with ordering private insurance companies to artificially lower their insurance rates to cushion their insurance policies, the price and co-pay have risen.

In this symbiotic relationship government winners are chosen by how much support they give the administration. This can be through campaign contributions and lucrative jobs they are offering government operatives.  Losers are those who do not pay to play.

This marriage between major corporations and the federal government has recently been called “crony capitalism” and during the WWII period, “fascism.” The National Socialistic German Worker's Party used corporations to solidify their power.  

Every law abiding patriotic citizen should protest the confiscation and mishandling of the people’s money. The fear mongering of a global economy collapse by our D.C. government should have been dismissed as propaganda to protect these corporate and government elites special financial and power interests.

Americans should not hand over to our central government the power to pretend to micromanage our economy. The picking of winners and losers and the printing of “stimulus money” by the Federal Reserve does nothing other than increase potential corruption. The devaluation of our currency by “Quantitative Easing” is robbing a percentage of our purchasing power.

Anytime we hear “Too Big to Fail” we should be aware our D.C. government is selling this phony rationale to justify its expansion into every aspect of our lives. We need to refuse to be robbed by power seeking politicians that are only concerned with their own self-interest rather than the people’s.

This game has become transparent. “Too Big to Fail” policy is an attempt to transform the USA from a constitutional republic to a political elite control of the economy and rejection of our Constitutional Republic.

Our founders brilliantly provided us with a constitutional blueprint to prevent us from going down the path of elites controlling the government instead of the people controlling it. As these great men understood, large government siphons off the treasury and the freedom of the people.

Domenick Maglio, PhD. is a columnist carried by various newspapers, an author of several books and owner/director of Wider Horizons School, a college prep program. You can visit Dr. Maglio at www.drmaglio.blogspot.com.

Today's Culture is Corroding our Economy

TODAY'S CULTURE IS CORRODING OUR ECONOMY

By Domenick J. Maglio PhD. Traditional Realist

Our present culture is producing dreamers and needers rather than doers and savers. Savings has almost become extinct because we spend money before we have it. We worship the decadent freak celebrities and curse the dedicated, virtuous worker. Our heroes of the past are being destroyed and are not replaced by wholesome Americans.

The pre 1960 culture that drove us to be the best in the world now is on life support. Our culture has been turned upside down since the 1960 counter culture revolution. Today's establishment has the value system of the anti-establishment “revolutionaries” of the 1960s. We are losing our traditions that have made us great and our competitive edge.

Our government is looting the wealth from the ambitious creators and distributing it to the lazy parasites. The needs of non-productive citizens are being placed above personal ability and drive to better oneself. The self-perpetuating ruling class is manipulating our economy and elections.  Modern status quo is a perversion of American traditions. It is a planned attack on bringing our capitalist economy down and replacing it with a centrally controlled one. The Soviet Union and China’s five-year economic plans of the past that never succeeded are being replaced by the USA’s 10-year economic projections. This is unbelievable.

Excuses and laziness are rewarded in school. Bankrupt corporations are given bailouts of taxpayer money instead of being allowed to fail. The CEOs of these companies are given multi million dollar bonuses after leading their companies into disaster. Openly crooked politicians are not being identified or punished but are given higher positions to evade prosecution and increase their power to further dismantle the underpinnings of our laws and our values. This is not an unconscious act. It is being done purposefully.

The free market is based on freedom and the moral trust of its participants. In order for capitalism to function well, fraud and outside government interference have to be nearly non- existent. Business transactions have to be based on mutual consent of buyers and sellers not on government regulations, mandates or executive orders. Logic, reason and honesty need to prevail for the individuals involved in the deal to be satisfied.

The American dream of the pursuit of happiness is being thwarted and corrupted by government intrusion and micromanaging of the free market. Solindra, the Boeing plant in South Carolina, and picking winners and losers on Wall Street are the antithesis of free market policies.

A more subtle and indirect policy affecting the economy is the attack on the family. The family is being redefined to include every combination of people to undermine the sanctity of husband, wife and children. As the family weakens, the moral values essential to the free market are being gutted. The welfare system and government schools are creating greater dependency on the government and less reliance on the family unit. Moral values that were once transmitted directly by parents are now being more easily distorted and changed through government indoctrination in schools and the media.

The dominant progressive culture is switching the concepts of freedom and opportunity through competition, with dependency and security crushing the impetus for capitalism. People have to believe that their individual efforts will be rewarded by increased wealth for the free market to exist. The sanctity of the free market contract and private property must be upheld or people will lose interest in being ambitious. 

Our present “tolerance of everything” culture has made it easier for government to change the way we do business. Too many of us are becoming numb to the rampant incompetence and the onslaught of counter productive failed policies. No longer with a strong moral compass Americans are being “sheeple” that can easily be herded.

The continuation of this obscene, status quo, immoral culture will rot the US economy from within. Only by instilling traditional moral values can we have the opportunity for an economic resurgence. This will not happen by continuing to do what pleases us but through strengthening our self-reliance, family, work ethic and greater allegiance to God.

The culture has to be retaken by traditional moral values and self-realization through daily interaction. The courageous displays of doing what is right will encourage others to follow suit. These incidents will motivate many citizens to revolt against our being inundated with progressive indoctrination, sexualization and perversion. We need to exert our power by turning off vile television shows, not attending repugnant movies, studying political issues and candidates before voting while being the best we can be.

Productive citizens have to band together to forcefully voice their objections to a small group of power elite from both political parties who distort our moral values and our constitutional rights to curtail our freedoms. This heightened awareness of the American people should be used to energize all of us to be more involved with our families and become more politically active to keep the American legacy: the land of opportunity, liberty and prosperity for all those who are willing to work.

Dr. Maglio is an author and owner/director of Wider Horizons School, a college prep program. You can visit Dr. Maglio at www.drmaglio.com.

CAN THE TENTH ANNIVERSARY OF 9/11 REIGNITE OUR FREE MARKET?

CAN THE 10^TH ANNIVERSARY OF 9/11 REIGNITE OUR FREE MARKET?

By Domenick J. Maglio PhD Traditional Realist

This is the 10^th anniversary of the terrorist attack on America. People are remembering the way we felt when this attack occurred. It brought us all together to appreciate what we have and to realize how fortunate we are to live in The United States of America.

Our nation was built on the hard work and lives of many who fought so we can have our freedom. However, the United States is not for everyone. It is for the rugged competitor who values freedom above all else. Unless a person comes from a wealthy family, he has to work to survive and prosper. The USA safety net is intentionally small and fragile. Citizens are expected to use their energy, creativity and effort to labor up the economic ladder. They are supposed to make their wealth through their own effort not to take the wealth of others through accepting public assistance.

America is and has been the land of opportunity for people who are willing to start at the bottom and work their way up. The choices in the USA are many but each comes with consequences. Accepting government assistance, except for the truly impaired, is seen by most as an admission of laziness. A person temporarily unemployed has the personal and civic responsibility to take a lesser position until he finds a better job or creates one. His work record sends a strong message to future employers that the person is a motivated worker.

A person with a spotty or no work record ends up sending up a red flag. An individual on the dole loses his motivation to show his worth in the free market. The decision to accept government handouts undermines a person’s resolve to remain outside the seductive clutches of government “largesse.

Freedom loving people want nothing with strings attached. They are willing to work in exchange for a salary and a chance to prove and improve themselves. Some may be exploited but sooner or later they understand another job or business opportunity will materialize to prove that he has the perseverance to be a success.

This courageous climb to the top in the free market is negatively called the "rat race". It is competitive and difficult although there are great rewards at the end. The higher one goes, the greater the risks but the bigger the prize.

Anyone in America with courage and initiative can choose the journey. At this point in time government meddling in the free market is growing but it is still far less than most developed nations. There are licenses and educational restrictions to limit joining in the adventure but as of now, the motivated and creative people find a way to get around bureaucratic red tape.

America is at a crossroads. The past several administrations have been enlarging the power of the federal government at the expense of the people's freedom. The proponents of big government are offering citizens more governmental services and even redistributive money. Citizen’s only requirement is to remain passive as the federal government dismantles our Bill of Rights, Constitution and our economic solvency.

The recipients of unearned government handouts usually are unaware once they start this process they are at the mercy of the bureaucratic decisions and lose all power to control their destiny. They become victims surrendering their freedom for entitlements that dwindle in value as more join their ranks. Too many Americans are willing to sell their souls for supposedly “free” health care. These people are unwittingly accepting government telling them what they can eat, drink, smoke, drive and what jobs to take in order to remain in the good graces of the big hand of government.

Fortunately there are many aware patriotic citizens who understand we are being stripped of our rights and freedoms. They want to keep their spiritual and economic freedom and are fighting to keep government out of our lives and pockets. They are uniting to choke off the money gushing into the "beast"-Washington, DC. It is a peaceful but powerful insurrection to stop the centralizing of federal power.

The saving of America would be accomplished by breaking the federal government's chaining of the entrepreneurial spirit. Self-reliant entrepreneurs have made America an economic dynamo. Government must stay out of the way of small business for us to continue to prosper.

The choice for us has never been clearer. It is up to all Americans to decide if they want a nation that controls all the choices and actions of its citizens, a nanny state, or one that allows citizens to determine their own destiny, a free market state. Rejection of government's seductive promises (lies) will keep the USA functioning at the highest socio economic level the world has ever witnessed.

Our nation cannot endure a civil war where half our citizens are productively working while the other half is given government payoffs to vote for the ruling political party. This is a failed formula that results in bankruptcy that tears apart every fiber of society that binds us together and leads us down a path of decline.

Our tenth anniversary of 9/11 can act as an historical, galvanizing event like the end of the Civil War to bring all Americans together revitalizing our nation. Abraham Lincoln in his Gettysburg Address stated:"...this nation under God shall have a new birth of freedom in that government of the people, by the people shall not perish from the earth."

At this juncture all citizens should be inspired to non-violently fend off government’s intrusion into every aspect of our daily lives. Being victorious in the struggle to preserve our economic opportunities and freedoms will pay generous dividends to all American citizens and will be a beacon to the rest of the world.

Dr. Maglio is the author of Invasion Within and Essential Parenting. He is a psychotherapist and the owner/director of Wider Horizons School.

Visit: www.drmaglio.com.