|Asset Management Business|
Yes, it's true the United States government entered into an asset management business. In fact, they will help you manage your wealth, taking it from you and redistributing it to those who they feel are most appropriate. For example, those who have never worked for a fair day in my life who never paid taxes and are pretty lazy and do not feel like work.
After all, this is what makes the Socialist government as it tries to level playing field for all citizens by taxing the rich and redistributing to the masses. Some say it is fair to all concerned, because it deprives the wealthy class and they all created equal. However, when all are equal to those who produce the most just to stop the production and you have not read Ayn Rand's novel know that.
Not only is the U.S. government is the asset management business as well as access to the banking sector, the automotive business, mortgage business, and your business. Americans are newly elected Barack Obama as president of the United States of America, a nation that is clearly the greatest nation ever created in human history, the most wealth.
Not only the United States government to give money to the poor nations of the world, now the U.S. government will take your money and give it to anyone who thinks they are poor, who do not want to work, or has in his hand. Redistribution of wealth almost sounds like Robin Hood, but did you know that Robin Hood steals [operative word] from the rich to the poor and surrender?
It may sound good if you're poor, but it gives you no incentive to get rich if the government is just going to take it away from you. If there is no incentive to produce and be productive then obviously people will be less productive.
Shortcomings of socialism is well known, there is no mystery to it. It was a lot of people that have come and gone, using the following method. Even in our own lives, we see the German and the French deficit spending and may actually cause the collapse of the European Union.
The French unemployment rate is currently 17%, and the people in the United States complain that the unemployment rate is 6.5% more than 4.5%. Up to 4.5% for the unemployment rate is the way to one of the lowest in the world.