Dear Friends,
It seems to me our leaders have absolutely no concept of how the market system works or the implications of destroying it. Obama’s executive order the other day is a prime example of this. In his speech he said, “The sad truth is that there are people out there who are less interested in helping our men and women in uniform get ahead and more interested in making a buck,” This is the most ignorant statement I have ever heard a politician say (other than a few of Obama’s other speeches). If our President is really this stupid then we are deep trouble my friends.
In his book, The Wealth of Nations, Adam Smith says that it is not out of a sense of charity that the butcher provides us meat, it is out of his self interest. When we get heating oil delivered, we don’t apply to the oil man’s sense of charity, we apply to his sense of self interest. He doesn’t go through the endless paperwork, red tape, and financial risk, to get a well drilled, out of a sense of charity… it is for profit that he does it. Self interest is the motivating factor in our market system. To vilify self interest while applauding envy is not only ignorant but perniciously stupid.
Envy doesn’t elevate or create it destroys. Envy is the motivating factor in socialism, communism and progressivism. The envy of the wealth of others, is no different than a powerful drug addiction, like to Oxycontin. Those addicted have no ability to see themselves with any kind of perspective. They instead use logic to justify their addiction and not to discern right action. This is the paradigm Obama uses. He is addicted to envy and he uses logic to justify his envy instead of finding truth.
Obama ordered the GI Bill program, through executive, order to eschew the market system in favor of the broken collegiate system. You know, the one that leaves their students with over a hundred thousand dollars in debt, and no job prospects to pay it back. The one that intentionally limits enrollment to raise their brand, thus increasing the profit, for those that work in those colleges. The ones that regard knowledge as perspective dependent not objective reality and the ones that graduate students that still cannot read. These are the educational institutions that Obama favors with executive order.
It is obvious to everyone, except the President and his progressive friends who esteem Mao, that there is profit in the non profit colleges. Non Profit University Presidents all make over one hundred thousand dollars, Professors all live in the lap of luxury while having sex with their students. Even a fool can see that these are negative forms of profit. Every “nonprofit” university is awash in endowment money. So much so that they have to constantly build structures to hide the money. Some of the most expensive colleges have so large an endowment, that they could give up charging tuition forever, and fund themselves entirely from the interest on their endowments. The collegiate system, is as corrupt a system as has ever been created by Man…. because all the incentives are pernicious.
Yet, our President sees fit to exclude the boys and girls who have risked their lives and limbs serving our country, from the open doors that a college degree offers. He believes that the gate to wealth should be tightly controlled by an envious Elite. Since there are limited openings in the “nonprofit” collegiate system, there will necessarily be GIs that are left out, under Obama’s executive order, but this is the price Obama is willing, for them to pay, for his political career.
This level of ignorance, if is it ignorance, is very dangerous to our standard of living. If The President has his way, we will all be applying, not only to the meat cutter’s sense of charity for our sustenance, but to the oil delivery man and the car salesman as well. When that is the case, we will be hungry, cold and dependent. Do you suppose it is out of a sense of charity that Obama sought the Presidency or out of self interest. If it was self interest, then we can rightfully say… Obama is the worst kind of hypocrite.
Sincerely
John Pepin
