Sunday, July 5, 2009

Happy Independenc Day

It was an emotional moment last night as I watched the fireworks here in Philadelphia.

After all here is where around 225 years ago our Founding Fathers and the citizens they represented decided to lay their lives on the line to fight for freedom. What would you do today if you were asked to do the same? Many of these citizens had comfortable prosperous lives. They had children and various other comforts. The punishment for the "treason" they were about to commit was death.

As some of our politicians and various vested interests use public relations techniques to push us towards greater entitlements keep in mind that with all government provided entitlements comes a loss of freedom.

In the past two years, in both the previous administration and the current, we have seen the government apparently, and in our name, basically say that there are some companies that are entitled to succeed: various investment banks, AIG, General Motors to name a few. We watched the resulting government intervention that came as a result of the public outrage at bonuses these companies made, retreats they had planned, that they used their corporate airplanes and more. The intervention to "right these wrongs" of course cost us of a reduction of the free market.

Increasingly it seems we are pushed to believe that a government exists to provide an increasing number of entitlements to protect us from the risks of life. Currently the big one is health care. My understanding is that our Founding Fathers set up government to provide certain entitlements including: The right to choose and follow a religion of your choice, to speak your opinions and beliefs freely, to pursue happiness as you see fit. Inherent in these rights is that you might make a choice in religion that others don't agree with, you might say things that others don't like and you may make bad choices in your pursuit of happiness that result in illness, failure or death.

In this country people can live better than anywhere else in the world. They are also free to make choices that will result in a pretty bad condition for them. It is true that our government does not provide the same level of safety as other governments. Do we a citizenry want it to at the expense of our liberty? Is it even capable of doing that or will we just lose liberty for not much more security than we currently have? Keep in mind that our government had all the regulatory power in place to prevent the banking fraud that is now causing our hardship. We spent (wasted) money on that regulation for the apparency of safety. To rephrase - money came out of your pocket, money you could have used to further your chosen pursuit of happiness, and went to attempting to guarantee your safety from a fraudulent banking system.

I will end with a quote from one of our Founding Fathers:

They who can give up essential liberty to obtain a little temporary safety, deserve neither liberty nor safety. - Benjamin Franklin