well, lyric... I can explain that honestly. We have the second HIGHEST capital gains tax in the world. This discourages investment in factories and other production facilities here. The communist chinese also have very few environmental or osha type laws. We cripple our businesses with these. They also use slave labor in communist china, we have minimum wage laws, unemployment insurance, frivolous lawsuits by the environmental groups and required environmental impact studies before the first shovel of dirt can be dug. We need to turn capitalism loose to start the economy. Our idiotic bailout was caused by government giving a wink and a nod to those who gave way way too much money to people who were a crappy credit risk to buy houses priced more than double the actual value without so much as a nickel down payment... still worse, they often loaned out 125% of the aforementioned overinflated price. The government took away the risk. Had these businesses had to do business with the usual risks involved, they would not have made the shady loans that they made at all.
Unleash the capitalists like we did in the 80's... they will find domestic sources of fuel, build sufficient delivery systems as well as alternative fuels... They will also start businesses and expand existing ones if they have an incentive to do so. We are tying our own hands behind our backs by overtaxation and overregulation. I do not want the taxpayer to be on the hook for any of this mess, it is unfair to all of us. As I stated in an older thread, I believe that "If you made a bad loan to an unqualified buyer - IT SUCKS TO BE YOU! and If you signed a mortgage that you could not afford, IT SUCKS TO BE YOU!"
This is America, we don't need the government to be our mamas and daddies... We have always taken care of ourselves when the government gets the hell out of the way. To Quote the great one: "We do not support government bailouts of private institutions, Government interference in the markets exacerbates problems in the marketplace and causes the free market to take longer to correct itself." and also: "In this present crisis, government is not the solution to our problem; government is the problem. From time to time we've been tempted to believe that society has become too complex to be managed by self-rule, that government by an elite group is superior to government for, by, and of the people. Well, if no one among us is capable of governing himself, then who among us has the capacity to govern someone else? All of us together, in and out of government, must bear the burden. The solutions we seek must be equitable, with no one group singled out to pay a higher price." -Ronald Reagan
