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Ha, almost forgot about this shit, I've been skiing all week. I'll address each oneseparately.
1. Again, the unions played a pivotal role in bringing down the auto industry.Almost everything you mentioned ties back into it. Why do you think the carcompanies payed for lobbyists and contributed major campaign funds topoliticians who would implement protectionist policies? Because of the labormodel they worked under. Ever heard of planned obsolescence? They had to maketheir cars fail at a certain point so that people would come in and buy another car. Why? Because they had to pay for the generous benefits, pensions, and salaries of their employees. Only way to remain profitable. Naturally, peopledidn't like this very much and began gravitating increasingly to foreign madecars. The solution of the auto industry was to try and shut out the competition(Japan), force Americans to buy American cars. They used their funds andpolitical clout to all but ban Japanese cars through implementation ofprotectionist laws (protecting who exactly? Certainly not the American public).This protectionism also made it seem like the American car makes wouldn't haveto innovate. What did the Japanese do? Beat the Americans at their own game,built their car over here instead, prohibited unions at their car plants (whata coincidence that none of them have failed recently, eh?). Now, instead of theprofits going to a greedy rich American CEO, they're going to a Japanese one,how do ya feel about that? I for one love driving around in my Toyota thatisn't built to fail. The American companies tried to catch up but they weredoomed to fail, they were playing catch up the whole time. The spike in oil andthe recent economic downturn were the last straws.
Keep regurgitating your liberal education MitchPee, unions are good and CEOs are bad. If you're truly a student of economics I shudder at the thought that theleftist professors have even entrenched themselves now into that department aswell. For the record, seldom do I watch Fox News, but I love yourOlbermann-esque accusations to anyone you disagree with. Glenn Beck, Fox News, what else you got up your sleeve?
2. Hoarding is bad, too big a government in a capitalist system is bad. Now we have one, and are on a direct path to the other. Say you hold liquid assets,what do you think is the best course of action when the government is running the money printers at full capacity? Inflation is an indirect form of taxation.
Its not surprise people have turned to precious metals. Maybe the governmentshould "requisition" it again? Same old argument of the 1930s.
"In his Presidential Proclamation 2039, March 6, 1933, which declared the national “bank holiday,” Roosevelt blamed the banking crisis on gold hoarding."
"Less thana month later, on April 5, 1933, Roosevelt issued Executive Order 6012, which expropriated privately owned gold. He ordered Americans to surrender their gold to the government by May 1, 1933. Violators would be subject to a $10,000 fine or as many as 10 years in prison."
http://www.fff.org/freedom/fd0906e.asp
How do you prevent people from hoarding in your opinion?
3. Lastly, "There are inefficiencies in the government, but it is an entity created for the social good. Alas the founding fathers would be on my side with that one." This one only took me a google search...
The policy of the American government is to leave their citizens free, neither restraining nor aiding them in their pursuits.
-Thomas Jefferson
I think myself that we have more machinery of government than is necessary, too many parasites living on the labor of the industrious.
-Thomas Jefferson
I predict future happiness for Americans if they can prevent the government from wasting the labors of the people under the pretense of taking care of them.
-Thomas Jefferson
The two enemies of the people are criminals and government, so let us tie the second down with the chains of the Constitution so the second will not become the legalized version of the first.
-Thomas Jefferson
When the people find that they can vote themselves money, that will herald the end of the republic.
-Ben Franklin
Government is not reason; it is not eloquent; it is force. Like fire, it is a dangerous servant and a fearful master.
-George Washington
The marvel of all history is the patience with which men and women submit to burdens unnecessarily laid upon them by their governments.
-George Washington
And to finish off, here's a graph since you don't believe my numbers at all. Its from 2007 so its off, but probably not by much.
http://finance.yahoo.com/taxes/article/102817/How-Your-Tax-Dollars-Are-Spent
communism is gay. if you had a hard math exam, and you got 90. but the noob who never does anything only got 20. capitalist=you win, he fails
communism=you get your mark raped but you both win. Work to your abilities, recieve for your needs. (bad)