It’s doubtful President Barack Obama has read much written by the Founding Fathers. If he did, he’s forgotten it, because his idea of government is a far cry from what the Founders envisioned.
Obama is the ultimate crony capitalist. He uses government to reward his friends and campaign contributors. According to his State of the Union speech Tuesday night, he hopes to continue that trend. He said: “It’s time to end the taxpayer giveaways to an industry that’s rarely been more profitable, and double down on a clean energy industry that’s never been more promising.”
While I agree with ending taxpayer giveaways to the oil industry, to which Obama was referring, those industries he calls promising seem to most people to be failures: Solyndra, Beacon Power and SpecraWatt. Columnist Michelle Malkin exposes it here.
In Thoughts on Government, John Adams explains the purpose of government:
Government is instituted for the common good; for the protection, safety, prosperity, and happiness of the people; and not for profit, honor, or private interest of any one man, family, or class of men; therefore, the people alone have an incontestable, unalienable, and indefeasible right to institute government; and to reform, alter, or totally change the same, when their protection, safety, prosperity, and happiness require it.
Crony capitalism is just one aspect of government that must be changed if we are to have any hope of getting our economic house in order.