Monday, January 21, 2013

Repentance vs. Bailout

The choice between Romney and Obama was a spiritual one. Romney represented real repentant-type change. Think about what he does for a living. When there is a failing company, he comes in and cuts away the bad and keeps the good to return the company to profitability. Romney did the same thing with the olympics and Mass. Romney-style Restructuring and a return to profitability is exactly what America needed.

Instead of praise for Romney's success in saving many failing businesses, the media choose to only focus on the corrupt business these companies were engaged in. I am not surprised these failing businesses were engaged in sketchy stuff. Thats why they were bankrupt. The media also just focused on the few jobs lost during restructuring instead on focusing on the jobs saved and the return of the company to healthy productivity.

Obama's presidency has been all about the welfare-style bailout: individual, corporate, and economic. Just think about what welfare does to a person. When you bail someone out, you enable the bad unprofitable behavior that got them into the situation in the first place. Look at GM. Instead of restructuring, they are continuing to build $90,000 Volts in China and selling them for $35,000. The same thing is going on in banking as well as the federal government. We are just bailimg out these systems time and again without making any real fundamental changes that will lead to any type of return to profitability. Banks, GM, federal government, and individual citizens are continuimg to do the same unprofitable things that got them into trouble in the first place.

This issue is at the heart of LDS theology. I wonder how many people view the Atonement of Jesus Christ as an Obama-style bailout vs. a Romney-style restructuring?

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