Bring end to corporate bailouts

Some corporations should be allowed to fail since they are unable to compete on a playing field that is already level

As a conservative I believe in the concept of “Laissez-faire,” which is defined as an economic system in which transactions between private parties are free from government interference such as regulations, privileges, tariffs and subsidies.

To my mind free trade agreements and corporate bailouts do not qualify since they are legislated by government and thus violate the values that so-called conservatives like Tom Fletcher and his ilk espouse.  In fact, existing tariffs and regulations are not the fault of government but are the direct result of lobbying and influence peddling on the part of corporations.  In a word, bullying.

Indeed, economic recessions are deliberately implemented to push an arch-conservative (read neo-conservative or fascist) agenda.  At the very least they are the direct result of incompetence at the highest executive level.

Such corporations should be allowed to fail since they are unable to compete on a playing field that is already level.  The resulting chaos would undoubtedly lead to economic hardship, the collapse of the stock market and plunge many families into dire straits, but the end result would hopefully be a rebirth of democracy and true liberal conservatism in the classic sense.  One can only hope for the collapse of the IMF and World Bank as well, but perhaps some dreams may never come to pass.

Danny Roland

Saanich

 

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