Thursday, September 27, 2007

Honest Dollars (part II)

Well, it's been an awful long time since I updated the blog. I have been earning my own "honest dollars" in a new job.

The last blog brought up the point about honesty and integrity in corporate America. How do we restore this? How can honor and business become unified?

White collar crime has to be punished with prison sentences. Not fines, not house arrest, not some of the "fake" prisons that treat you like a Super 8 Motel (other than not allowing you to leave, obviously).

More freedom requires more responsibility, and in order for us to maintain the strongest economy in the world, we need to maintain the highest level of economic freedom. We need to encourage growth and experimentation, reward success, and discourage dishonesty.

Capitalism is based on the free market--people making their own decisions about what to do with their money. This becomes implausible when companies are dishonest. Consumers simply do not have the time and resources to look into a company's claims. So when Corporate America lies, we have no choice but to believe them.

Enter the United States government.

No matter which party you support, you are supporting big business. Year-after-year the financial sector contributes huge dollars to both parties so they can maintain the status quo. Do not get tricked into believing that Republicans are the only supporters of big business. Just follow the money trail. The leading Democrat presidential candidates are being funded by big business as well.

The reality is that party has nothing to do with this issue. Dishonesty breaks down the system, and it needs to be punished more severely and more consistently. Jail time for white collar crime is the solution.

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