Showing posts with label Economic Nonsense. Show all posts
Showing posts with label Economic Nonsense. Show all posts
Monday, April 18, 2011
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| Redistributing the Wealth |
This is the major flaw in American democracy: when the lazy and unproductive are able to vote themselves a share of your bank account, they will certainly do so. They will also continue to support the fences that distribute the stolen booty and keep the theft legal and active.
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| Racist Tea Party Member, Opposes Redistributing Wealth |
There is a solution, however. People who do not make enough money to support themselves should be disenfranchised, that is, denied the right to vote. Then they couldn't vote for the crooks who do their stealing for them. I would further add the proviso that anyone who pays no income taxes should also be disenfranchised. The idea is to take away the opportunity for theft and the motivation for voting for collectivists and wasteful spenders. Any spending and tax increases should be felt by everyone who votes. Then people would truly be spending their own money instead of spending that of someone else.
In the beginning of this nation, only property owners were allowed to vote (or so I'm told). We need to return to such a system. No one should be allowed to use democracy as a tool to mug his neighbors.
Photo sources: Top photo: found on the internet. Bottom photo is from Larwyn's Linx, who got it from Zombie's pictorial of the San Francisco Tea Party rally on tax day. See it here.
Labels: American Democracy, Collectivism, Economic Nonsense
Friday, December 17, 2010
Rick Moran at American Thinker explores the eco-fanaticism occurring in the Land of Fruits and Nuts (California to the uninitiated). The state's "cap and trade" law will suppress economic activity even more as California seeks honorary status into the Third World. Rick writes:
California's Air Resources Board passed a cap and trade regulation for the state's top 600 industrial facilities that will almost certainly bring economic activity in the state to a near standstill.Of course, state bureaucrats claim that this job-killing law will actually "create new jobs" in "green energy." Whoopee! And if we eliminate bulldozers from clearing roads, we will "create new jobs" in shovel production.
Moran concludes with these salient points:
Cutting emissions by 15% in 8 years is economic suicide. There's no other way to say it. The federal cap and trade law was designed to cut a similar percentage of emissions but spread out over more than twice the time span. Many economists predicted a potential loss of GDP for the federal law of 3-5%. Can you imagine the devastation the California regulations will wreak on business?Read it all here.
It's like the California government is telling the people to pack up and leave, that there will be little opportunity in the former Golden State.
Brian Sussman on KSFO radio said that liberals are seeking to "de-develop" California with this law. "De-development" is the leftist notion that we must close industry in the industrialized world and move it to underdeveloped nations so they can "catch up" economically. The notion is as extreme as anything Marxism ever devised: that millions in the west must suffer severe economic destruction and impoverishment so that the Third World can improve. Basically, the de-development idea is born of the left's irrational hatred of economic activity and prosperity and their total ignorance of economics.
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