Down with Socialism

Let me start out by offering a couple of definitions here.
Capitalism: an economic system in which investment in and ownership of the means of production, distribution and exchange of wealth are privately or corporately owned and development is proportionate to the accumulation and reinvestment of profits gained in a free market.

Socialism: Any of various theories or systems of social organization in which the means of producing and distributing goods is owned collectively or by a centralized government that often plans and controls the economy, preferably in government controlled markets. Socialism is the stage in Marxist-Leninist theory intermediate between capitalism and communism, in which collective ownership of the economy under the dictatorship of the proletariat has not yet been successfully achieved.

Now consider the steps our government is taking to supposedly pull our economy out of this recession. And do not assume that it is all Obama, though he must shoulder much of the blame. Bush started the bail out fund, our elected officials agreed to it, and unfortunately, the one man with the power to stop it, Obama, is going along for the ride and in fact making it worse! I fully believe with all of my heart that when programs such as Welfare and Foodstamps were started, they were put in act with the best intentions. These programs can still do some good for those who are truly in need for a short period of time. However, what programs such as these have done is to produce a society that has learned that they can sit and do nothing at no cost to them, but still be taken care of, involuntarily by the citizens and hardworking taxpayers around them. Those who choose to work end up paying for those who wont, by order of the government. Now do not be mistaken, there are those out there that NEED this help, those with true legitimate disabilities. These are the people the programs were intended for and I am not putting them down. Rather I am calling on those who can, but REFUSE to work.
Now on a small scale I would not consider this to be socialism, however as grand of scale as public support of private citizens has become, one can find no other label for it than Socialism. Not only would I call it Socialism but it dangerously flirts with Communism.

Now if your hard earned tax dollars paying for other people's entire lives with no approval or permission from you, the Taxpayer, doesn't sound like Socialism to you, lets add a couple of more factors into the equation.

What about the Bailout fund? That huge pot of our tax dollars being divided up among the very corporations that drove our economy to this point with you having no say so in the matter. Sounds alot like Socialism to me. The government has now also proposed a plan wherein they would partner with the banks to purchase Toxic Stocks and Mortgages (aka. Failing Stocks and home loans that the owner can barely or not at all afford to pay). In this plan, the government, (AKA. our tax dollars) would put up to 95% of the money needed to make these purchases, leaving very little risk for the banks, while the profits from these joint ventures would be split 50/50. Let's put this into perspective, for a $60,000 mortgage, our tax dollars would cover $57,000 and the bank would only have to put up $3,000 and the profits will still be split 50/50 between the government and the bank.
Doesn't sound like a very wise business investment does it?

I personally am all for the government investing a certain ammount of tax dollars into profitable markets. I feel a plan of this nature could be a very effective way of generating more revenue and will give the tax payers a break due to the fact that the profits of such investments could be reinvested into the nation's annual budget reducing the need to collect as many tax dollars from you an me. But this is not what is going on currently. Obama wants our tax dollars to be spent buying stock in BANKRUPT companies. How will this help our economy? The "Big Three" auto makers, have already dipped their collective hands into the cookie jar and have been back to D.C. asking for more! Where does it end? The idea is that the bailout funds accepted by these companies are merely loans and must be paid back over time. However, given that the government issued the loan, much like a bank does when you buy a house, they government is slowly but surely buying up our economy and it will not be long before they own it all and are "Redistributing the Wealth" however Obama sees fit. This means the end of Capitalism, Freedom, and the American way. We will soon be a communist nation if this runaway president and entire government have their way!
We must all stand up and collectively remind this government who they really work for!!!