THE FREE MARKET IS DROWNING IN CREDIT!

With a futile effort to eliminate Bankruptcy and Depression, the merger of Big Business and Government has the Economy taking its last gasps for freedom.

The ingenious Free Business Enterprise system that has produced the wealthiest nation in the world is destroying itself with the ambition to become perfect and to make the world perfect as well.

The free market system, which was a plan to distribute the wealth of the material world by non-violent means, has expanded and conquered the frontiers into outer space,and may have extended itself beyond the gravity of reality.

The "Free Market" was built on progress through risk. Forces competed with each other to explore and exploit the unknown. In this environment some forces fail and the total market tends to over produce causing a Recession; that could lead to a Depression. The process developed into what has been called the : Business Cycle.(ie Progress, Recession, Depression and Recovery)

Depression has been recognized as a "bad" thing, and the forces desired to "insure" against this dreaded disaster. Investment (Risk) was joined by the other "eye" of the system, Insurance, to lead to the promised land of constant prosperity.

In the first Depression, the banks failed and the masses lost their savings, which was determined a national disaster. The FDIC was enacted and regulations were put onto effect to curb irresponsible risks and insure against this disaster ever happening again. This conservatism slowed progress and impatience fought against the regulations to guard against the irresponsible risks. The merger of Big Business and Government (called by many, Government intervention) slowly
eroded rational responsibility until the "brilliant" idea of insuring insurers made billionaires out of some and victims out of the masses. The big question was "who is going to insure the insurers of the insurers? The foolhardy answer was "credit!"

Just as the government had established an artificial person created by law (The Dartmouth College case defining a Corporation) the government now created an artificial insurer called credit. This "scheme" has now collapsed and panic has set in. Some feel that more credit disguised as "private-Public Investment" (risk) will solve the problem. A few others feel that it is time to take a pause and recognize the Free Business Enterprise System and the Business Cycle for what it is. The only way to avoid depression in this system is to regulate the system (without government intervention) and outlaw unreasonable risk (investment). One of the major unreasonable investments is the Conglomerate Corporation. a monster that manipulates the wealth of many by a few to reward the few. As a starter, these monsters must be divested into manageable units that would be unable to bring the economy to its knees. Of course, the return of integrity to Big Business and Government would be an enormous help as well.