Newly Created Position - OFS: Office of Fascism and Socialism

Good bye free market, hello fascism and socialism.

The US Treasury created a new office today via the Bailout Legislation passed last Friday. This new office is the OFS, Office of Financial Stability, otherwise known as the Office of Fascism and Socialism.

The legislation attempts to meddle with the free market, in forcing stipulations on how companies run their businesses, and bailing out companies that are not profitable. Fascism is a political philosophy that exalts nation above the individual, standing for autocratic government with sever economic and social regimentation. Socialism is the governmental ownership and administration of the means of production and distribution of goods. The new office is fascism and socialism rolled into one. Companies are told how to run their business. Companies are given taxpayer money to remain in business, even when their business is failing. It is the epitome of government intervention.

In a free market, no government intervention would be necessary. Companies would have to be smart with their actions and their money, as to remain running and profitable without a bailout. Government bailouts and intervention in the marketplace encourage stupidity with money and actions. In the governments eyes, the failures were caused because of lack of regulation and oversight, hence calling for more more intervention, ie Office of Fascism and Socialism. In reality it is caused by more and more regulation and intervention, and is best solved by laxing the regulation and letting the market solve the problems government has created.