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Socialist America Sinking

Posted by parrotpatriot on July 17, 2009

In the article Socialist America sinking, Pat Buchanon says:

“The United States is declining as a nation and a world power with mostly sighs and shrugs to mark this seismic event,” writes Les Gelb…

I’ll say! It is Atlas, the one who carries the world on his shoulders, who is sighing and shrugging. Clearly America now resembles “Atlas Shrugged” by Ayn Rand (see reading list link above). The investors and productive people in America are backing out of the market and cutting costs by eliminating jobs. The whole economy is pulling itself inward – like a turtle hiding in its shell. As if recoiling from a hot stove, fear of the coming onslaught of government programs and taxes has caused Atlas to shrug off his efforts. Why bother? What incentive is there to invest in a market that is stuck in the spot it dropped months ago? What incentive is there to work harder for that bonus or raise if the bonus or raise is no longer being offered or if it would not really help you because each new dollar you earn will be taxed at 50%?

Remember the formula:

Time + energy = Life
Life given to government = slavery

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