"We don't intend to turn the Republican Party over to the traitors in the battle just ended. We will have no more of those candidates who are pledged to the same goals as our opposition and who seek our support. Turning the party over to the so-called moderates wouldn't make any sense at all." - Ronald Reagan, Nov. 10, 1964

Capitalism on trial

January 14, 2012   ·   By   ·   1 Comments

According to a new Pew Research Center survey, 66 percent of respondents agree that there are “very strong” or “strong” conflicts between rich and poor in America. This is up from 47 percent that agreed with this two years ago.

In a Gallup poll last October, 52 percent said they trust the “ideas and opinions” of President Barack Obama for creating jobs compared to 45 percent that said they trust executives of major corporations.

The point is, sadly, there is mistrust in America about the very thing that any conservative will tell you is the mother’s milk of our country — freedom and free enterprise.

Mistrust in our country about free enterprise has always been a problem but never more than now.

Why? Two important reasons.

First, we have never had a left wing ideologue occupying the White House like we have today. The man is serious and committed.

He told Americans he would change the country, and change it he has.

Now he is about to run for a second term with no pretensions about who he is. He is going to run on a platform of so-called fairness and against what he will label unbridled, merciless capitalism.

Republicans will have their work cut out to defend business and freedom against this onslaught, particularly in today’s environment of mistrust about these very things.

Second, our nation is at a genuine crossroads. Even if we could scale back the trillions in new spending that Obama has larded into our federal budget, we would still be in trouble.

Government has taken over major parts of American life and to regain our vitality, significant reforms must be made.

Even if Obamacare is repealed, American health care is still in crisis. We’ll need creative market based reforms to alter the way Americans get their health care.

Our entitlement morass can only be fixed with market-based reforms that involve phase out of government and phase in of ownership and choice.

Reforms of major areas of American life where Americans have grown accustomed to the heavy hand of government will be impossible if a large percentage of our population is mistrustful of free markets and business.

To get this kind of change, leadership that inspires trust in free enterprise is essential.

There’s good reason for skepticism when former Massachusetts Gov. Mitt Romney showcases his business background as the reason he will inspire this kind of trust.

America’s biggest and most powerful businesses are notoriously unreliable defenders of free markets. They have a deserved reputation for being unprincipled.

Take Romney’s own former company Bain.

Bain executives have made many large political contributions to members of Congress since 2000. Among the 29 who received the most money from Bain, 26 were Democrats.

Bain executives generously supported champions of big government including former Rep. Anthony Weiner of New York, Sen. Al Franken of Minnesota, Sen. John Kerry of Massachusetts and the late Sen. Ted Kennedy of Massachusetts.

Executive ranks of Bain, the bastion of capitalism that Romney led for 25 years, are populated by left wing Democrats.

Businessmen may roll their eyes when Rep. James Clyburn, D-S.C., former head of the Congressional Black Caucus, says, as he did the other day, that one of America’s most notorious crooks, Bernie Madoff, did what he did “in the name of capitalism.”

But, unfortunately, Clyburn expresses the sentiments of many blacks.

And corporate America enables this through the millions it pours into left wing organizations — the Congressional Black Caucus, the NAACP and the National Urban League.

American big businessmen are generally about expediency, not principles.

Expedient better describes Romney than moderate or conservative.

He may be saying what sounds good now. But it’s the expedient thing to do.

Unprincipled business leaders helped lead us into the mess we’re in today.

More expediency is not going to get us out of it. Only principled leadership that inspires trust in free enterprise and capitalism will.


Note: Reader comments are reviewed before publishing, and only salient comments that add to the topic will be published. Profanity is absolutely not allowed and will be summarily deleted. Spam, copied statements and other material not comprised of the reader’s own opinion will also be deleted.


Similar Posts:

Star Parker is president of the Coalition on Urban Renewal & Education and author of the new book White Ghetto: How Middle Class America Reflects Inner City Decay. Prior to her involvement in social activism, Star Parker was a single welfare mother in Los Angeles, California. After receiving Christ, Star returned to college, received a BS degree in marketing and launched an urban Christian magazine.
Star Parker
View all articles by Star Parker
Stars website
Print Friendly

If you enjoyed this article, please consider leaving a comment below (subject to the comment guidelines listed at the bottom of the article), sharing it to Facebook or Twitter or another social media site, subscribing to the RSS feed to have future articles delivered to your feed reader, or have a daily digest of the latest American Clarion articles delivered to your email inbox each morning..

Featured Articles

OReilly_Miller_f

Dennis Miller on Gender Neutral Restrooms

Bob Ellis

I love Dennis Miller. He isn't as conservative as I'd like, but we see eye to eye on most of the important stuff. His appearance on Bill O'Reilly's show was pretty good, until he got to the discussion of the nutty idea of gender-neutral bathrooms, then it became hilarious. I normally try to steer clear of scatological humor, but if we're going to go down this asinine path as a society (as it seems the homosexual activists and their "useful idiots" seem intent on taking us), then there are some serious (though funny at times) issues we really need to consider.

voting_f

Politics As Usual?

Michael Day

The United States of America can't do much worse than Obama. That said, whether you vote Democrat or Republican, you are voting for politics as usual. What we've been getting for a long, long time is lip service, empty words, just plain lies; thinking we can save the whole world, spending irresponsibly beyond our means; no accountability to ethics, the law or the Constitution; government intrusion into every aspect of our private lives… politics as usual. Politics as usual will be the death of America.

42-16470832

Wind Energy Running Out of Air

Guest Author

The wind energy industry has been having a hard time. The taxpayer funding that has kept it alive for the last twenty years is coming to an end, and those promoting the industry are panicking. Despite twenty years of taxpayer funding, says the Financial Times, “Most of these technologies are unable to stand on their own commercially, particularly in competition with a resurgent natural gas industry that has created a supply glut and driven prices to 10-year lows.” The WSJ opines: “the tax subsidy has sustained the industry on a scale that wouldn’t have been possible if they had to follow the same rules as everyone else.”

river_f

Water Threats from the Communist Enemies of Freedom

Gina Miller

What better way to control citizens of a country than to control the water supply? What better way to control the countries of the world than to control the seas? We have two stories in our face this week that are seemingly unrelated, yet at the same time, they both represent the anti-American, anti-freedom, dictatorial advancement of tyranny. A nation’s water supply is one thing, and the seas and oceans of the world are another.

Zimmerman_Grandfather_f

When the Information was Wrong: The Inaccurate Public Conviction of George Zimmerman

Carrie K. Hutchens

While we can't take back how things played out with the Trayvon Martin and George Zimmerman encounter or anything that led up to those final moments of life-death changing events, we do have a responsibility of calling the media, our president, Al Sharpton, Jessie Jackson, Black Panthers and a few others to account for their irresponsible responses, reporting and race baiting behavior thereafter. Turns out that, Zimmerman, the "white Hispanic", is not only nearly as Black in heritage as our president, if not completely so -- he was raised under the influence of a half-black grandmother, rather than, a white grandma as Obama was.

Archives

Other News

Other Commentary

Featured Blogs

"We don't intend to turn the Republican Party over to the traitors in the battle just ended. We will have no more of those candidates who are pledged to the same goals as our opposition and who seek our support. Turning the party over to the so-called moderates wouldn't make any sense at all." - Ronald Reagan, Nov. 10, 1964

Switch to our mobile site

NewMedia blog