Give Me Liberty Or Give Me a Bailout Part 3

Bailout type federal government plans have not worked in the past. In the 1990’s, Japan had the same problem that the United States is going through now. Paul Krugman of MIT wrote this about Japan’s economic bailout,
The Japanese bank bailout is supposedly the key to the recovery of Japan's economy, which is supposedly the key to recovery in Asia; optimism sparked by that bailout has fueled a definite improvement in the mood in the whole region. Yet a simple example suggests that the rescue program is likely to end in farce, as banks decline to be rescued; and that if somehow the Japanese government finds the will to force the banks to take money anyway, it will actually be counterproductive (web.mit.edu).
Japan’s bailout was counterproductive. In fact, Japan’s economy is still trying to recover and pay off the debt that they accumulated during that time. President Franklin D. Roosevelt (FDR) during his terms, instituted the “New Deal” to improve the economic situation of the Great Depression. Some of FDR’s new programs included, “Social Security, heavier taxes on the wealthy, new controls over banks and public utilities, and an enormous work relief program for the unemployed” (whitehouse.gov). Most of these programs are not working, or have only raised the cost for the use of these services. A person that has worked for 20 to 30 years, and paid into Social Security (SS), can barely eat, let alone pay their bills from the SS check that they receive. FDR became President in 1933. The United States fell back into a recession in 1937. If Japan had not attacked the United States in December of 1941 and the United States had not joined in World War II, it would not have come out of the Great Depression. Government bailouts have not worked in the past. Why would they work today?
Putting the bailout gum on the leaking economic dam will only coverup the problem, allowing it to become even worse than before. The United States’ founding fathers, human nature, and history show that letting the government bailout companies will not work, but they will also allow the government to have more control, which will lead to a more socialist economy. The people of the United States should not sit back and let the current governmental leaders turn the United States into a liberty restricted, socialist country.

Give Me Liberty Or Give Me a Bailout Part 2

The government is providing $250 billion (federalreserve.gov) in “recovery” money to the failing companies. Although it sounds good for the government to “bailout” or provide a “Recovery Act” for a company, it is only prolonging and escalating the bad effects of these companies completely failing. If a parent were to give a child a new video game (insert your favorite childhood toy) every time the child hit their sibling in the face, that child would continue to do the bad behavior. It is human nature that when one receives something good for a particular action, then that action will be reinforced. If a company makes decisions that cause that company to lose money and start to fail, the government should not give them money. This action by the government only reinforces the company to continue to do the same action. This is only in human nature to do this. Not only is the Government reinforcing the failing behaviors, but they are lending $250 billion away to failing companies. This money can only come from one place: the taxpayer! If the failing company is only going to continue to fail, then it will not be able to pay the government back, so the money that the government has taken from the taxpayer, the taxpayer will never see again. That means that the government will no longer be able to operate without receiving more money. Taxes will increase to pay for the $250 billion loan. In turn, taxpayers will have less money, because they will be paying more in taxes. Soon the taxpayer will not be able to feed their family or themselves. Then the government will have to bail the taxpayer out with the taxpayers tax money, which will give the government even more control. This is a horrible cycle that will only continue to get worse the more money the government spends. Bailing out a failing company only prolongs that companies failure and deepens the impact its failure has.

Give Me Liberty Or Give Me a Bailout

This is part of a paper that i worte in eng111. let me know what you think!
The United States economy is in the toilet. Any cognitive citizen will confess this to be the case. The United States Federal Government wants to bail the economy out. This will not work. The founding fathers of the United States, human nature, and history all know that a government bailout will not fix the United States’ economic problems.
Bailing out Wall Street is not what the founding fathers intended the government to do. Bailouts sound good in theory: “Uncle Sam saves jobs!” but by the government giving money to companies, they don’t just give them money; they also take control of that company. Because of this, the companies become part of the control of the United States Government. President Obama showed his control after bailing out General Motors, when he requested Rick Wagoner, GM’s CEO, to step down. The United State’s founding fathers fought the British, because the British wanted to be in control of how the new colonies ran, but didn’t want to help them out. The United States was founded on the idea that every man, woman, and child has the right to choose how they live their life. In the Declaration of Independence the founders were listing their many reasons for leaving the British control. They wrote this, “He has made judges dependent on his will alone for the tenure of their offices, and the amount and payment of their salaries” (ushistory.org). The King decided what the judges would be paid and even who would be a judge. If this type of control was a travesty to have over a judge, then it also should be a travesty to have this type of control over a privately owned company. Having control over privately owned companies, for whatever reason, was not the intent of the founding fathers of the United States for the government, and should not be allowed today.