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Billionaire Warren Buffet is reportedly seeking to acquire the second largest railroad in the U.S. As reported by the Associated Press (AP), Buffet is planning to invest $34 billion in the purchase of Burlington Northern Santa Fe railroad.
You want to talk about someone investing in our infrastructure? Take a look a Warren Buffett. I guarantee you that $34B will go a long, long way at Burlington Northern. You'll be hearing that name a lot in the coming years.
You see, that's how we grow as a country and as individuals. Government printing money can't do it. You have to actually have something of value, something that can be productive, and then you grow that thing. You make it better, faster, more efficient, stronger, smarter...any myriad of positive adjectives. You do this because you know then people will come to use it, to need it. Some will want to help you continue to improve via investment, and you will have to get help from others via their employment. This is why we see Walmart everywhere today. If it were run by the federal government, you never would have known its name.
Warren Buffett is what a government can't be. He is agile and dynamic, not cumbersome. Most importantly however, he is reality. He can actually fail. Warren Buffett must play by the rules of supply and demand. He must actually create something worthwhile with this venture or he will lose his investment. He cannot just legislate his competition out of his way, he must compete.
We need to remember this when our government asks us to support things like universal health care. True choice lies in the private market. Once our government takes over the healthcare system, that's it. There is no going back. Private monopolies can be broken up peaceably, but a governmental monopoly can only be broken via revolution. Remember this when you're deciding what to support, because if it's universal health care, there is no going back. You are choosing for your children, their children, and on down the line, until maybe your children ten generations removed bleed to change the system.
You can keep it safe now by pushing a button, no trigger pulling necessary.