Need to rise up against socialism

We are being told the economy under Obama and Quinn is in “recovery.” Really? The number of people on food stamps has risen yet again to a record 44,587,328, or 14.4 percent of the population.

The payroll firm ADP recently stated 38,000 jobs (not the expected 175,000) were created last month, which is a whopping 760 jobs per state. The real rate of unemployment is about 16-17 percent. Houses in foreclosure? We just reached 2.1 million, and we are now officially in a double dip housing recession.

Repeating the mistakes of the Great Depression, post-1990 Japan and the Jimmy Carter years of malaise, businesses are struggling (particularly in socialist Illinois) due to over-regulation, over-taxation and a government that views private business simply as a horse to ride until it drops — and we can’t all work for the government (or can we?).

Neither Illinois nor the U.S. now practices the classical liberal capitalism this country was founded on, and which made it the richest country in history. Rather, like the socialist governments of Germany or Italy before 1945, there is an unholy alliance of the state with crony big business, which excludes competition and bleeds the common person white — all for the benefit of the state. If we use Generally Accepted Accounting Principles (GAAP), our real debt is over $70 trillion — not including state, municipal or personal debt. Each person owes around $233,000, or $1 million per family of four. The key point is that this debt will never be paid back with real dollars. And who will be left holding the bag? The same people who held the bag as big labor, big government and Washington cronies took from them — we, the people. We need to rise up in 2012 and return this country to its foundation, which isn’t socialism.

Jim Vanne

Aurora