FREE SPEECH ZONE | It’s the private sector, not government, that has failed us

You’ve heard it over and over again: “if only government would get out of the way, and let the private sector operate as is should all would be right with the American economy”.  The recession could be ended; folks would be back to work; and our nation would once again prosper.  A nice thought…but patently untrue!  Indeed, it has been the private sector (not government) which has brought us to this fiscal malaise, if not crisis; and it is the private sector which is not helping us out of it, especially with job creation. First, a brief disclaimer.  If you think this is some left wing rant from an anti-captialist ideologue, you would be dead wrong. I have spent over 50 years of my professional life as owner of several of my own businesses. I understand Capitalism, flawed as it might be, is the best system we have.  I am entrepreneurial to the core.  I have put my own money at risk numerous times to develop and build businesses.  But it is my interest in seeing this economic system work that brings me to this conclusion. The private sector has brought down our economy, and it must be called out on this failure – especially if we are to make things better going forward. Continue Reading

What If Our Knees Bent the Other Way?

(Inspired by Gallagher, the watermelon-smashing comedian, who asked, “If your knees bent the other way, what would a chair look like?”)

We humans are quite the mixture. We are selfish, competitive, individualistic creatures. And we are also selfless, cooperative, social creatures. It’s a miracle we’re not constantly confused.

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“Raw capitalism is dead”—and Muslims have a solution

by Elias Karmi • 10/16/08 • It was just a few weeks ago that U.S. treasury secretary Henry Paulson declared raw capitalism’s death. And if I might add: Thank God someone realizes the futility of our current financial system. Two problems here: 1) it may be too late, and 2) even if we recover, the true solution may never be practiced.

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