Capitalism

Should people be allowed to follow their dreams as they please? To be all they can be? To develop their minds and keep the rewards of their hard work? That's called free enterprise, or capitalism, and that is what America was. Compare the progress of America and Japan, each having capitalism, to those counties that have socialism, and determine the results for yourself.


Capitalism encourages being smart, innovative, and taking risks. Those that master that are entitled to reap the rewards. And for those that fail, sink to the bottom and are quickly consumed and replaced by those continuing ever to climb.


Now, suppose one gets the great idea to feed his quarters endlessly into a Keno machines. Now he might have thought that his idea was innovative, and smart, and could lead to a healthy reward. But he also knew there was risk. Now, suppose his idea paid off when he hit the Big One, but in his effort to do it again, he lost all of his quarters, and then some.


Now suppose his government took money from other people who were also successful, and reimbursed him for all of his losses, then encourage him to try it again without any supervision from the government. Would he do it? Sure he would! Now that's socialism at it's best. Well, that is what our government is doing. Is that what you want?


Many people took risk in investing in banks that made risky loans in an effort to get ahead. Many more people took risk and purchased homes, cars, and toys using credit in their effort to enjoy life more. Most failed. That's free enterprise and capitalism at work. Socialism seeks to refund these losses from the earning of those that did not lose, so that everyone is again equal?


I'm saddened that so many have lost so much. But there will be others that will rise in their place, to fill their void. And some of those losers will recover to emerge even stronger. Woolworth's, Gemco, Montgomery Wards, and Edsel all eventually failed but were replaced with the likes of Target, Walmart, Costco, and Toyota. And they too might fail only to be replaced by something even better. Not a novel idea. It's been happening for years, and the cycle will continue if allowed.


But we are going social, so I'll go back to the Dock and think of how best to spend my handout.