Thursday, September 16, 2010

Free kibbles

ECONOMY:

Government is forcing poll workers to file tax forms as employees instead of temporary workers in advance of elections in order to artificially inflate the job numbers before the election.

FREEDOM OF SPEECH:

Supreme Court Justice Breyer says that globalization may change the meaning of the First Amendment. Huh? I wonder what part of "Congress shall pass no law" he doesn't understand. Probably the same part that's in "shall not be infringed."

TAX AND SPEND:

Democrats and their media allies are trying to make taxes the signature issue for November. They want to use class warfare to push for extending Bush's tax cuts for people below $250,000 while raising taxes on those above that range. What they don't want people to know is half of small businesses fall in that range, so this isn't a tax hike on just the rich, as if that wasn't bad enough, it's a tax hike on small businesses.

"It's the Spending, Stupid." I've been saying that for 25 years. I'm glad more people are finally catching on.

New Jersey cutting retirement benefits for state employees which leads to a crush of people rushing to retire. This is a great way to cut government. I'd like to see constitutional amendment banning benefits for government workers after they no longer work for the government. Of course many would probably just make deals with their cronies in the political economy to sell us down the river for retirement benefits anyway, but many wouldn't be able to and that would put deter people from working for the government.

The happy banks which chose not to take TARP funds despite heavy pressure from government.

REGULATION:

Corrupt Chris Dodd hasn't read the financial oppression law that's named after him.

EDUCATION:

Thanks to John Stossel for pointing out more money is not what our schools need.
""Over the past 40 years," Coulson writes, "public school employment has risen 10 times faster than enrollment.  There are 9 percent more students today, but nearly twice as many public school employees.""
What our schools need is to be freed from the militaristic, regimented government monopoly.

POLITICS:

Democrats rebranding their slogan to "change that matters". You can say that again. Change that is destroying our country faster than ever.

Another essay breathlessly overvalues the impact of the tea party so far. In a few election cycles, the tea party might have a significant impact, but not this year. Probably not in 2012. This year the tea parties don't want major change. They just want tiny change, back to pre-Obama levels of government, and that won't save us. The tea parties are not calling for the end of wars, aggressive foreign policy and bringing all our troops home. Just the opposite. The tea parties aren't calling to end the Fed. The tea parties aren't calling to end the income tax, the Dept. of Education, the EPA, the FCC, the FTC, etc. The changes they want are tiny. And even promoting only those tiny changes, the tea parties have only impacted a handful of races. And our country as we know it may not last long enough for people to really get serious about dismantling the government that is destroying it.

Pollsters are part of the ruling class too. They pretend there's only two sides to ever issue: Republican and Democrat. I want to see a libertarian polling agency become active. Here's a question I'd like to see: Who do you trust more on the economy? Republicans? Democrats? The American people free from government interference? Other?

More on Chris Dodd's corruption.

MISC:

Cato weighs in on one of my favorite subjects: the non-experts in government and the political economy.
"A key difference between experts in the private sector and experts in the government sector is that the latter have monopoly power, ultimately backed by force. The power of government experts is concentrated and unchecked (or at best checked very poorly), whereas the power of experts in the private sector is constrained by competition and checked by choice. Private organizations have to satisfy the needs of their constituents in order to survive. Ultimately, private experts have to respect the dignity of the individual, because the individual has the freedom to ignore the expert."
Government experts don't have a monopoly. There are economists outside government and the political economy. There are political experts outside government and the political economy. But the government and political economy non-experts have a different job than private sector experts. Government experts tell the aristocrats and the people what they aristocrats want to hear. That's how those non-experts get promoted and get more money and more power. If they don't do that, they get fired. In the private sector, experts have to be right. It's very different.

Yet another black market: texting while driving.

2 comments:

  1. I will have to disagree with your opinion that “In the private sector, experts have to be right.”

    It depends on what they are paid to say. For example the “experts” who work for “National Association of Realtors” have been saying during the entire RE bubble and collapse that “it’s a good time to buy real estate”. And while it certainly is always a good time to buy from the point of view of realtors since they only get paid when there is a sale, it was certainly not always a good time to buy for the realtors customers.

    The same applies to the “experts” at the various rating agencies who have supported every bailout of the banks. Since they had given AAA ratings to many of the junk that now has trouble being sold it was in their interest to support these bailouts.

    And of course we have Fed/Treasury/Banker cartel who makes sure that they have plenty of “experts” salted away in academia who can be guaranteed to supply support for whatever the cartel wants

    You may have meant “independent private sector experts” but those are far fewer then just private sector experts.

    ReplyDelete
  2. Real estate is in the political economy, dominated by government, not what I call the private sector. I wish I had better terms because a lot of the private sector is also part of the political economy.

    ReplyDelete