Are you still looking for Liberty and Freedom or have you given up on it?

June 6, 2024

I am afraid we live in an era today in which American government has been grown into a monster that devours the treasure and liberty of its people. If the government is of, by, and for the people, political factions have trained the monster to consume itself. Sadly, many still subscribe to the notion that no problem, existent or imagined, is too big or small for the government to solve. The supply chain crisis was a typical result of poor government policy. Why would anyone look to the government to solve it?

I believe that government action to correct a problem often makes the problem worse or creates new problems.

In fact, I believe there is no other entity on the planet that can toss huge amounts of money around as frivolously as the government of the United States. In 2010 the Obama Administration decided the federal government could more efficiently administer student loans than banks. By doing this the government would save taxpayers billions of dollars, “for college affordability and deficit reduction.” NPR reported in 2022, “From 1997 to 2021, the Education Department estimated that payments from federal direct student loans would generate $114 billion for the government. But the GAO found that, as of 2021, the program has actually cost the government an estimated $197 billion.”

Like Obama, Biden has no business acumen, but he does know how to win elections. He has held federal office for 47 of the last 51 years. In 2022 he thought it would be good politics to forgive the same student loans Obama placed under federal control. This action would cost the taxpayers $400 billion. Biden’s electoral strategy was reversed by the Supreme Court in June of 2023 when they ruled 6-3 to strike down Biden’s student loan forgiveness program.

Bottom line folks: The American Revolution was fought to assure the people enjoyed the God-given right of liberty. The purpose of government is to protect the people’s rights, not usurp them. The government has become a bloated bureaucratic behemoth more intent on protecting its own agency than serving the people. Political factions use the government to obtain and consolidate power. They use this power to defy the Constitution and trample the rights of the people.

Franklin warned us, “Only a virtuous people are capable of freedom. As nations become more corrupt and vicious, they have more need of masters.”

It’s high time for the people to solve the problems the government has wrought on our nation.

What are you doing about it if any?

Come to the Financial Policy Council https://lnkd.in/eZU2UgYd, be a part of decisions that will shape the country’s future & share your thoughts.

#liberty
#freedom
#government

Blackhawk Partners, Inc.
Brain Expansion Group
Hedge Fund Group (HFG)
Harvard Business School
The Wharton School

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