Darwinism and the Economy

Everyone remembers Darwin's Survival of the Fittest thought process, by which, the strong will survive and the weak will not. That is the basic premise, but if you read further it also states that when the weak succumb another species will come up and take the lead role.

With that in mind let's talk about the financial world and the banking sector. I know that there are a bunch of talking heads mentioning the 'too big to fail' mantra, but the real way to solve this is to let them fail. There will be others that will come in and pick up the pieces and finish the puzzle.

Instead of bailing out the financial institutions who got themselves into hot water, let them fail and let some other better run establishment take over and do things right. By giving them tons of money and bailout after bailout, they haven't learned their lessons and will continue to do the same things. Now the issue is that we the people are being forced to bailout the crappy financial people just because.

Let them fail and let everything fix itself. If we take out new debt obligations and debt load that we've been forced to acquire to save deadbeat people, over $2 trillion and we would have just saved it for a rainy day or flat out given it to every household, we might be in a better position. The trouble with the bailout of the financial world is that non-financially educated people are in charge. The government is by far in no position to dictate how to fix a financial problem since they can't ever have a balanced budget or make a profit.

I go back to my original thought. No one is helping me with a bailout with my debt load and my small business, they just try to take more of it and waste it on the rest of the deadbeats. I'm tired of it.

Well it's been about 8 months since I last posted on this blog. Been letting the world try to sort out all the problems that we have, but I'm not so sure that things are going the way we want them just yet. I'm amazed at the resilience of the markets, but I am fearful. I feel that there is massive manipulation in the markets overall and the little investor is getting screwed. There is no rhyme or reason as to any of the events that are occurring. I feel that we don't really have a chance to profit while the big time players are completely in control.

Let's think about it for a minute. You can't believe what the government is telling you when it reports numbers. Unemployment is over 10% and rising. The only reason that companies are reporting numbers that beat estimates for earnings, is because they are slashing staff and overhead. They are also running a crazy cycle of ups and downs, that will have issues later. There are no jobs out there. Because of that, retailers don't have goods to sell and don't make money. Health of people suffers. and the biggest problem is that we continue to go into more and more debt. Individuals have more credit card debt, not less, mortgages aren't being paid, care defaults are beginning, and we have been taught this by who else, our famous Uncle Sam.

We cannot continue on this pathway. Our country is no longer the class act that we were. We are a debtor nation and have been and will only continue to be more and more in debt. We have to stop. The government has to stop. They can't play their games at getting rid of debt either, it simply has to stop. We have to trim the fat. I'll continue my rant later.