(Video) Excellent discussion on capitalism and liberty

I listened to this yesterday on the way home from work and it was a fascinating discussion to hear concerning capitalism, liberty and where America is currently headed. These are basic principles most Americans can agree on so I felt the need for an obligatory post on this subject.

Here you go, it’s 11 minutes but worth it in my opinion:

In this context, an interesting poll caught my eye the other day. It was a question, posed to Michigan residents, whether you thought the Obama administration’s involvement with the auto makes has helped or hurt thus far:

Michiganians appear evenly divided in their belief that President Barack Obama’s heavy involvement in restructuring the auto industry is doing more harm than good, a Detroit News/WXYZ survey shows.

With Chrysler LLC in bankruptcy proceedings and General Motors Corp. apparently ready to follow suit, 42 percent of poll respondents say Obama’s role has hurt the domestic automakers while 39 percent say he’s been helpful. The poll’s margin of error is plus or minus 4 percentage points.

That was interesting considering Michigan will obviously be most directly affected by a bailout or lack thereof in the long run. To see such a split, with no overwhelming numbers in favor of government involvement, said to me that America, in general, is not comfortable with government interference and ownership in the private sector. In Michigan, of all places, they are not overwhelmingly impressed with the government takeover.

I would like to see a national poll of the same question, it would be interesting to compare.

Sound off below, the floor is open for discussion.

  • Bill Hedges

    I can see why liberals are not running to post on this article. Kind of hard to twist to another area where they can win here. I read and watched video. One of your best articles I seen. Hits hard. Won’t see many on target comments here I’m thinking. We know why.

    Talk on natural selection, secured loans dropped and unions replace, Obama doesn’t trust people, Lincoln, empathy, unions, Ca vs NV-TX all super points.

    WELL DONE..

  • Yes, I noticed nobody was jumping to argue with these points or dispute any of it. Perhaps 11 minutes is well past the typical liberal attention span and would require deeper thought than normally allowed.

  • Bill Hedges

    “Stimulus fund success claims don’t add up”

    Here is a video liberals won’t respond to so will put it here. Bush must have told truth, cause this shows Obama streching truth so far we must call it a lie (Obama, Change)

    http://cosmos.bcst.yahoo.com/up/player/popup/?rn=3906861&cl=13717936&ch=4226720&src=news

  • JD

    Bill – “I can see why liberals are not running to post on this article. Kind of hard to twist to another area where they can win here.”

    I didn’t run to post on this article because it is usually the same stuff over and over again on this site. “I hate Obama, Obama sucks, Down with Obama…” so I can skip a few articles with full knowlege that the next day the same one will appear again.

    Still, this wasn’t a bad piece.

    Nate – “Perhaps 11 minutes is well past the typical liberal attention span and would require deeper thought than normally allowed.”

    you are lucky that I have a 12 minute attention span because I almost had to turn it off but it made my attention span.

    Firstly, I don’t really like Glen Beck but that isn’t totally his fault because I don’t really like watching Opinion shows.

    Secondly, I liked his point (which I agree with) which is that Unions are not bad… BAD unions are bad. There is a time when people should be able to raise up against bad employers and this like wise proves that not all employers are bad… Bad employers are bad. As Beck puts it… “it is a balance”.

    Thirdly, I thought it was interesting about the Bankruptcy conversation. It brings up point a friend and I had which was when they talked about the fact that just because a company goes bankrupt doesn’t mean the company is over. The reason why that is, is because government helps a company that goes bankrupt. That is why they have to file for chapter 11 or 13. The government allows them to restructure debt and so on… which is a form of a bailout.

    Fourthly, I believe that we are capitalistic as a nation so the real question has to do with aspects of our society. I believe controversy comes with the Idea of where and what parts of our society that we want government involvment. It also matters what kind of government that gets involved. For example Healthcare sector and for government it matters what kind as in monarchy, communist, democracy.

    I have wondered if there was a way to turn health care back to the people and out of the insurance companies hands (with out government involvment). For example, going direct to the doctors. for this to happen, I think the doctors need to revolt against the insurance companies and I don’t see them doing that.

  • Bill Hedges

    JD

    “Secondly, I liked his point (which I agree with) which is that Unions are not bad… BAD unions are bad. There is a time when people should be able to raise up against bad employers and this like wise proves that not all employers are bad… Bad employers are bad. As Beck puts it… “it is a balance”.”

    Who but an idiot thinks all unions are bad

    “Thirdly, I thought it was interesting about the Bankruptcy conversation. It brings up point a friend and I had which was when they talked about the fact that just because a company goes bankrupt doesn’t mean the company is over. The reason why that is, is because government helps a company that goes bankrupt. That is why they have to file for chapter 11 or 13. The government allows them to restructure debt and so on… which is a form of a bailout”

    It is Judge. As Trump went through this, government did not give money nor pre-set restrictions upon the judge. Nor put unions above secured loans. Many differnces.