Ronald Reagan once said, “Concentrated power has always been the enemy of liberty,” but as a notable laissez-faire, classically liberal economist, he certainly wasn’t speaking of corporate greed and the ‘too big to fail’ mentality. He spoke of the philosophy embodied by an over reaching federal government that taxed every moving thing, regulated those which survived, and subsidized the problems it created. Sadly President Reagan is unable to comment on our current economic situation, but one has to wonder what his stance might be given that the power present corporations yield over taxpayers proves limitless time and time again.

Private sector corporations have been deemed too big to fail and taxpayer money has been spent rectifying their mistakes. Present day robber barons continue to pursue sociopathic realities that take advantage of their own countrymen and ignore their plight through exorbitant bonuses, lavish retreats, and office remodeling. And yet, with these examples, and others too numerous to list, some argue that the government, by proposing to  protect its citizens through increasing oversight and regulation, is becoming too powerful or ’socialist’.

Maybe I missed the revolution or misunderstand our founders’  intentions, but when did corporate fuedalism become ok?

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