You know, when I started this blog I wasn’t planning to write so much about political crap but there are so many asinine things going on these days, I couldn’t help it.
- I apologize for the shrillness (keep in mind – if she becomes president in 08, that’s the voice you are going to have to hear all the time). Coincidentally, I have included a cliff-notes style transcript below…
- Does she think that the oil companies stole this money from people?
- Does she even have the most basic clue about how business and economics works?
What do people do with Profits? They invest them. Either in more business (expansion, jobs, process, R&D, better facilities) or Other companies (Includes buying things from them: helps them do the same stuff just mentioned).
Here is the big point though. Who would you rather have working on Alt. Fuels: Government Money, or Private Money? In business there is a bottom line. A product must be desired or needed to be profitable. Therefore – private business will have to create a better alt. fuel vehicle cheaper and more innovative than government. If their product isn’t affordable and worth it – they go bankrupt. That’s huge incentive to do it right. Private companies have to offer you something you value more than your money.
Government has no bottom line. They throw money at something whether or not it is really a good idea or not. The product does not necessarily have to be profitable or innovative. Worst of all – if they don’t make their budget, what happens? They ask for more money!!! And guess what – government is the only entity that can force you to give them money.
This is the thing I just cannot understand about Socialists. How can you trust government to do a better job at something than yourself? Private Property is vital for true freedom. I want the freedom to choose who and what to invest my money in. If I make a good choice, I benefit – a mistake – I pay for it. Socialism is NOT freedom. We demand the choice on trivial things like what cable channels we get, but then would rather the government decide what’s right for use to do with our health and money? What the Crap!
“The other day the oil companies reported the highest profits in the history of the world. I want to take those profits and I want to put them into a strategic energy fund that will begin to fund alternative smart energy alternatives and technologies that will begin to actually move us toward the direction of independence…” -Hillary Clinton
Update: The Video -