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Cryo Chamber

Fighting Socialism and ‘Junk’

Today, 06/14/2010, Moody’s downgraded the Greece government bond ratings into junk territory, citing the risks forced upon the Euro Zone/IMF rescue package for the debt laden country.

“Government’s view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it.”—President Reagan

Neither the passage of time nor the passing of the man dulls the strength and truth of the words and warning that President Ronald Reagan offered Americans.

In this era of incalculable federal borrowing, shameless corporate bailouts and individuals drowning in debt, Reagan’s beliefs about the consequences of government entitlements, reckless spending, hard work and personal responsibility prove profoundly prescient.

Socialism promises security. It promises equality. It even promises prosperity.  It delivers, however, poverty, misery, and tyranny. Equality was achieved only in the sense that everyone was equal in his or her misery.

Even Marxists admit that many “socialist” countries around the world are failing. However, they say, the reason for failure is not that socialism is deficient, but that the socialist economies are not practicing “pure” socialism. The perfect version of socialism would work; it is just the imperfect socialism that doesn’t work. Marxists like to compare a theoretically perfect version of socialism with practical, imperfect capitalism which allows them to claim that socialism is superior to capitalism.

Take a look at history. Take a look at the headlines. Socialism is a failed ideal and a gateway to oppression and generations of pain.

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