Why does the Government decide who wins and loses?

Why does the Government play an active role in deciding who wins and who loses?


Were in the Constitution are the members of Congress and or the President granted power to levy taxes that allow for some to fail and some to succeed? Not following along?

General Motors was propped up and backed with your tax payer dollar. They, as a business, were failing. Much like our own government, they spent too much and got too little in return. Consumers were not buying their product. They lost the cash flow that had sustained them for too long and allowed them to perpetuate the idea that their model, their management was successful. GM was owned by stock holders and private investment institutions that held the preferred stock and bonds. In one fell swoop, Mr. Obama avoided all the nasty, drawn out bankruptcy issues and wiped the slate clean. Preferred debt holders, sorry, you get nothing. Stock holders, nope. Bond holders, safe and secure......nada.

Ever wonder what all that debt was funding? Bad decisions, pension plans and labor costs. It is a shame. GM actually has a few good cars. Their reliability numbers were good; cars were holding their value and staying together. But nothing could protect them from the growing costs of union pensions and day to day labor costs. No amount of cash flow could keep that ship from running aground, that is until President Obama and his band of IRS agents took my tax money by force of law and exchanged it with GM thus granting a stay of execution and garnering a nice voting block in the mean time. He released all GM liability to its stock holders, common and preferred, and bond holders. He dusted his hands and spoke to the masses: 'we saved GM, we saved jobs, we saved America.'

Why does he get to do that? Why is he allowed to decide to and granted the power to take from one and give to another? Why is he able to erase debt owed? How can he decide that stock holders fail and union works succeed, at our expense?

What about Honda? They have many plants in the US of A, they employee thousands of Americans all over the country. He basically said to those taxpaying Americans, 'I am going to hurt your business by granting your competition a tax break, incentives and pay offs.' They win, you lose. Do you see what happened? If you were in business making widgets and you competed against another company making a similar widget. What if one day, President Obama gave your competition a large donation? What if he openly decided the US government was going to favor one business over another? Isn't that the same thing as favoring one tax payer over another?

During the bank bailouts the same thing happened. Some banks were given and advantage over other banks above and beyond the free market. Our president, our government voted to help one business over another, affectively telling the tax payers at one business that you get no help while I help your competitor. The bigger problem is that he, Obama, helped the banks that made horrible decisions. Banks that got out of control. Banks that were failing due to bad decisions. He funded, allowed and encouraged bad businesses. He said it is okay that you were wrong, that you ran yourself into the ground, allow me to use the tax payer's money and  say, 'try again.'

My personal bank was not failing; they were not making bad loans. They were not running their selves and their share holders into the ground. They were actually going to come out quite nicely if the course of nature was allowed to follow, the free market; consumers. They would have survived, grown and prospered....right up until they were told; too bad we are going to help your competition. I know you made the right choices, did the right things but no matter, we are going to punish you and reward those that would have failed.

Why does the government get to reward failure and punish success? Why do they get to do it with my money? Why do they get to punish one tax payer and reward another for failing in life?

How long can we survive as a country if we support the failing and hurt the strong? When we continue to load the burden on the few in support of the many eventually there will not be enough. When we are all failing, who will support us?

Who is John Galt?