Then the government comes to you and says, "We are going to render all those bills worthless because it is in the best interest of the nation. you may as well put them in the shredder. They are no longer any good at all." And you lose everything.
But then the government prints NEW money. No, they do not replace what you have - you cannot trade your $100 bills in for a new $20 bill. Nope. You are still out of luck. All the new money - the money that you really paid for - is slated to go to someone else.
In short, the government stole your money and gave it to someone else.
And that, my friend, is what just happened with GM - Government Motors. Last year the government took it over. People who invested their money into shares were told their shares were being taken away, without remuneration. This, by the way, is in direct violation of the Constitution that says if the government wants something you own, they must pay a fair price for it. But that aside, the fact remains that stockholders lost their stock - it was arbitrarily taken away.
And today, the government has authorized the sale of millions of NEW shares of GM. All the money you invested in GM is now being given to other people.
This should go down in history as the greatest scam of all time. It makes Bernie Madoff look like a kindergartener.
And it begs the question - what idiot would buy ANY GM shares this time? What makes anyone think what happened to you won't happen to them?
As much as it pains me to say it, our government has become our enemy. No, not our country - our GOVERNMENT. The Constitution guarantees, in writing, that we shall have a REPUBLICAN FORM OF GOVERNMENT. A Republic. Not a democracy. There is an important difference. The founders had rejected a democracy because in a democracy the majority, and not the collection of individuals, rule. Which means in a democracy, the majority have the power to take away YOUR rights if they see fit. In the Old West it was called "mob rule", responsible for lynching a lot of innocent people.
In a Republic, each of us is an individual "boss" of ourselves. No one, and no group, can usurp our individual rights or power. And the only purpose of government is to make that possible. The government is the tent that keeps the rain off while we go about our business.
In a Republic, the government could not take over GM. They could not render your shares worthless by decree. The free market would rule, which is what creates strength through competition. If GM can no longer compete, they need to go down, just like the Mom & Pop store on the corner. It is called "survival of the fittest". If only the strong survive, we will all be stronger for it. If the weak survive, we all become weaker. We are only as strong as the weakest link.
Whenever you take from the strong and give to the weak, you are not strengthening the weak - they are still weak, but with your stuff. By taking from the strong and giving to the weak, you only serve to weaken the strong. And that is never a good idea, because only the strong will survive.
That is the entire premise of the parable in the Bible about the Talents of Gold. Nothing you can do will make the weak strong. And the strongest need to be strengthened, not weakened.
Some may argue that sounds cold and uncompassionate. But that is not so. It is nature. It is survival. It is as it should be. As it must be. Because no matter what we do, the weak will still fall to the wayside. We see this with 3rd and 4th generation welfare families. In spite of the trillions spent on welfare in the last 50 years, the same families are still poor and on welfare. It did them no good, while it did the rest of us great harm by robbing us of our strength. We are making Sampson's of the strong, and Delilah's of the weak.
To get back to GM - the government has given the "GM Delilah" the shears to cut Sampson's hair. And now they are setting up a whole new bunch of Sampson's (i.e. sheep) to shear.