The
pursuit of Constitutionally grounded governance, free markets and individual
liberty
"There is but one straight
course, and that is to seek truth and pursue it steadily." --George Washington
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“Vanishing Middle Class” Is Bad News For Society But Good
News For The State
looks like the middle class is “vanishing before our eyes.” In a real market economy, good news for one person is not bad news for other people. Yes, on an individual level, you can wish that you had someone else’s fortune, but little prosperity could exist in a society where anyone who wanted to grab someone else’s fortune could do so just because they wanted it. Everyone would be poorer. So, rationally speaking, merely wanting someone else’s life and finances isn’t really “bad news.” In a market economy, people are restrained from taking what belongs to others. They can only acquire through production and trade. If you want someone else’s money, you have to give them something they value enough in exchange so that they hand it over to you freely. That is good news for both parties.
looks like the middle class is “vanishing before our eyes.” In a real market economy, good news for one person is not bad news for other people. Yes, on an individual level, you can wish that you had someone else’s fortune, but little prosperity could exist in a society where anyone who wanted to grab someone else’s fortune could do so just because they wanted it. Everyone would be poorer. So, rationally speaking, merely wanting someone else’s life and finances isn’t really “bad news.” In a market economy, people are restrained from taking what belongs to others. They can only acquire through production and trade. If you want someone else’s money, you have to give them something they value enough in exchange so that they hand it over to you freely. That is good news for both parties.
In such economies,
the rising fortune of one party means the rising fortunes of others. For
example, when America’s “first tycoon,” Cornelius Vanderbilt made his immense
fortune, he did so by drastically cutting the cost of migration and transport
of goods in North America for everyone. Millions
of Americans became richer because of Vanderbilt. He didn’t make his fortune at
their expense.
But this sort of
relationship means that everyone gets better off and, by the law of averages, a
middle class grows and expands. What do
we see now? It seems we see stores like Wal-Mart and Target losing customers
while both high end and low end stores (i.e. “dollar stores”) are doing better.
Why? Because instead of a market economy we are under a
corrupt fiat currency banking system.
In this system,
many of those who are among the richest get the new money that the Federal
Reserve is creating first. They then use that cheap money to make a profit that
is unavailable to the middle and lower classes. Bubbles produced by easy credit
destroy middle class jobs when they go bust. With few exceptions, the middle
class gets driven lower. It gets even worse because the upper classes can get
the government to plunder everyone else to bail them out; all the while
claiming they are “saving Main Street.” It is all a scam that robs most
Americans for the sake of the few and the richest.
I get tired of the
way Republicans seem to forget how Bush tanked the economy
(though if Jeb tries to run, he will find more people remember than he
expects). But I am equally weary of how
Obama gets away with taking a bad situation and making it much worse. For five
years now, Obama has gone along with Bush’s Federal Reserve appointment Ben
Bernanke, in pretending that the answer to a debt crisis brought on by
over-spending is to go into more debt and spend more. It is an insane plan, but
it affects the middle class most of all (at least at first). Who gains from
a vanishing Middle Class? In my opinion, no one really benefits if we think of
real human needs. Even though the wealthy still feel wealthy, they actually
lose some of their standard of living. I remember seeing the homes of wealthy
in a Mexican city. They live in bunker houses for fear of kidnapping and other
crime. Being wealthy in a thriving
economy with a middle class allows far greater prosperity for everyone compared
to being wealthy in a sea of poverty. But there
are political advantages to a shrinking middle class. A thriving middle class also means you have
to deal with informed voters and popular resistance to the ways in which you
want to control people. Poorer people who are worried about food and
shelter are more distracted and less likely to oppose you. Our ruling class has basically decided they prefer power to real
wealth.
~~~~~~
Beware of the New Elites A Commentary By Scott Rasmussen
James Carville
famously kept the 1992 Clinton campaign on message with the simple refrain,
"It's the economy, stupid!" That's just as true for politicians today
as it was two decades ago. However, many politicians, particularly Republicans,
tend to misunderstand all that Carville's phrase encompasses. It's not just about economic growth.
Fairness is a big part of the equation. Most Americans see both growth and
fairness as important.
Today, just 35 percent of voters believe the
economy is fair to middle-class Americans. Only 41 percent believe it is fair to those who are willing to work hard. Some politicians, particularly Democrats, are better at acknowledging the
importance of fairness, but they have a pretty limited definition of what it
means. They complain about income inequality but ignore the larger context.
For most Americans, the context is very important. If a CEO gets
a huge paycheck after his company received a government bailout, that's a
problem. People who get rich through corporate welfare schemes are seen as
suspect. On the other hand, 86 percent believe it's fair for people who create
very successful companies to get very rich. In
other words, it's not just the income; it's whether the reward matched the
effort. People don't think it's a problem that Steve Jobs got
rich. After all, he created Apple Computer and the iPad generation. But there
was massive outrage about the bonuses paid to AIG executives after that company
was propped up by the federal government.
On a more routine basis, most Americans are offended by
the revolving door between Washington and Wall Street. The practice of working
for the government to network and then cash in with a firm that needs your
government contacts is seen as fair only by those who practice it. The
revolving door hints at the larger problem. The United States is supposed to be
a land of opportunity, where everyone can pursue their dreams. Throughout our history, many have started
with nothing and risen to the top. But those on top today are busy rewriting
the rules to limit entry into their club.
In her recent Daily
Beast column, "America's New Mandarins," Megan McArdle describes
a new elite that rates education credentials more highly than any other skills.
In this world, having a Harvard diploma means more than being willing to work
hard or contributing something of value. Most Americans don't share this view.
Only 3 percent believe Ivy League schools produce better workers.
Given a choice
between a worker who gets more done and someone who has a higher level of
education, only 9 percent think the person with the higher level of education
should be paid more. Seventy-one percent place a higher value on the person who
gets more done. In the New Mandarin
world described by McArdle, the best jobs are reserved for those who attended
the most prestigious schools. Entry into such schools is restricted to those
with wealth and connections. The rest of us are expected to trust the elites to
decide what's fair. A better
approach is to focus on what people accomplish. That gives everyone a chance to
succeed. It is one essential ingredient to creating a society that is fair to
the middle class and to those who are willing to work hard.
[ Is this not the principle this country was founded on? Republicans; you better be paying attention!]
~~~~~~~
Conservatism Hasn’t Failed; Republicans Have
by Frank Camp
Times change; we
all know that. But the interesting thing about time is that it doesn’t always require
change. Common wisdom says that as we move forward, we must adapt to cultural
changes; as if we are out of control of our own momentum. We define culture; not
the other way around. When Mitt Romney lost the election in November, the GOP
was brimming with ideas about what we could do to change the Republican
Party. Some said it was the politicians
themselves; they were too old, white, or out of touch. Some said, however, that it was Conservatism itself that was to
blame. It has been approximately
four months since that disappointing day in November, and a new wave of young
Conservatives are taking the stage at CPAC to defend Conservative values.
At CPAC, Conservative darling Marco Rubio said this:
“Our
challenge is to create an agenda applying our principles — our principles, they
still work — applying our time-tested principles to the challenges of today…The
people who are actually close-minded in American politics are the people that
love to preach about the certainty of science in regards to our climate, but
ignore the absolute fact that science has proven that life begins at
conception.”
Jim DeMint—though
not an up-and-comer, but still reliably Conservative—said this:
“The
conservative movement must get its act together and act now to save our nation…National Republican leaders have not advanced a
conservative agenda for almost 20 years. Not since the first few years
of the Republican revolution in the 1990s – when welfare reform and a balanced
budget were passed – have Republicans in Congress seriously championed
conservative ideas.”
~~~~~~
LA Times: “Angry, White Men” More Dangerous than
International Terrorists
The LA Times published
an article recently on how America is at risk of another terrorist attack, but
not from jihadists:
“There
are, in increasingly frightening numbers, cells of angry men in the United
States preparing for combat with the U.S. government. They are usually heavily
armed, blinded by an intractable hatred, often motivated by religious zeal.
They’re not jihadists. They are white, right-wing Americans, nearly all with an
obsessive attachment to guns, who may represent a greater danger to the lives
of American civilians than international terrorists.”
The image they
chose to go along with their article was a picture of a group of white men
protesting gun control legislation outside the Albany, New York capitol
building and holding up signs championing the 2nd Amendment. If the international terrorists to which
the article refers protested like these “angry, white men,” we’d have world
peace. Of course, their main primary source for their fear-mongering was
none other than the Southern Poverty Law Center. All you have to do to show up on their list of “hate groups” is be
white and appeal to the U.S. Constitution as a source of authority. Then,
all of a sudden, they lump you in with Timothy McVeigh and David Koresh. They claim that these “patriot” groups all
believe in world government conspiracy theories. And for this reason, they all
“bitterly cling to their guns and religion.” I don’t know of any group of
people who bitterly clings to their guns more than our own government, namely
Homeland Security. Perhaps they’re stockpiling guns, tanks and billions of
rounds of ammo because of their beliefs in “patriot” conspiracy theories. They believe that all the angry, white men
are planning to wage war against the U.S. government. It’s the “vast,
right-wing conspiracy” that Hillary Clinton talked about. It’s OK to be a
paranoid conspiracy theorist if you work for the government. If you’re a
civilian, that’s all the probable cause the government needs to label you a
potential domestic terrorist.
~~~~~~~
Fifty Years of anti-American Liberalism by
In a fantastic
summary article for The American Spectator titled “Fifty Years in
America,” Tom Bethell makes some observations about what he has seen in his
time in America including anti-Americanism liberalism. Born in Great Britian,
Bethell came to the States in 1962 to study New Orleans jazz. Politics were not
his primary interest, but by the time his biography on clarinetist George Lewis
was published, interest in the music was waning—both from the performers and
the listeners. Bethell became a journalist instead. One of
the things he noticed early on was an “automatic anti-Americanism of the
liberals.” This “anti” attitude has not gotten any better in fifty years.
Bethell notes:
Liberals
adopt a perpetual fault-finding mode about their own country. For a while I
kept quiet about this, lest I sound like a right-winger. Maybe, I now think, a
quota of liberals should be exiled for two years to see how they like it
somewhere else. Come to think of it, Peace Corps volunteers agree. Driven by
idealism, with very little sense of how their own country works, they go abroad
to instruct others. Some, in their naivete, undoubtedly do learn something. In
2011, an investigation by 20/20 found that over 1,000 young American women had
been sexually assaulted while serving as Peace Corps volunteers abroad.
Bethell doesn’t
hold back regarding his views about liberalism. He calls ‘em like he sees ‘em. What do modern leftism (American
liberalism) and communism have in common? Both are godless and egalitarian, but
liberalism has “evolved.” Communists wanted to kill off capitalism, for
example, but liberals know it must be preserved—in a highly taxed and regulated
form. It must be permitted to create
sufficient wealth to redistribute to favored groups—single mothers, minorities,
college professors—if the system is to keep Democrats in office. Liberals want market outcomes to be “predictable.”
Appeals to envy and blame heaped on the rich can also be used as a bludgeon, as
Obama has shown. This is a most important point. Liberals
well understand that even in a pure democracy, their value is minimal: they can
only give what they first take. Because of this, liberals must toe the line,
keeping their radical views under wraps for their own preservation.
“Blue-collar workers, once known as the
working class, have shown they are not revolutionists. They aspire to join the
middle class, not overthrow it. Think ‘Reagan Democrats.’ It’s
intellectuals who are, and always have been, the core of the revolutionary
party.” That is, it is the intellectuals who are actually out of step with the
major part of the work force of this country. According to Bethell,
a huge wrench in the liberal-left ideology machine is the “revival of Islam.”
He writes:
Islam
today probably threatens us as much as international Communism once did, but
with this big difference: The
intellectuals, who often secretly admired Communism, loathe Islam. They
are afraid—rationally afraid—of those who are willing to die for what they
believe… Many [liberals] believe little more than that we should make
women equal to men and make amends to the planet by ceasing to reproduce.
Meanwhile we should feel free to enjoy ourselves by treating sex as fun without
consequences. But these ignoble causes are not things liberals will die for and
the Islamists probably know this.
Liberals are more than happy to have you live with the
consequences of their worldview, but they are less inclined to do so
themselves. If Bethell’s “Fifty Years in America” is any
indication, the next fifty are going to be very interesting.
~~~~~~
LaPierre : “Let the Elitists Who Scorn You Be Damned”
Based on Wayne
LaPierre’s speech at CPAC, it’s
abundantly clear that this is a man, who, in the face of harsh criticism and
never ending ridicule, only grows more passionate and unwavering in his
defense of Americans’ Second Amendment freedom. “In their distorted view of the world, they are smarter than we are.
They are special and more worthy than we are. They know better than we do,” the
NRA chief said, referring to political elites and liberal media. Although
freedom-loving Americans are the ones being labeled as “crazy” in the the gun
control debate, LaPierre argued that insanity has consumed the media and
political class in Washington.
~~~~~~
All 45 Republican Senators Vote to Defund Obamacare
All Republican members of the Senate voted to defund Obamacare as an
amendment to the Continuing Budget Resolution. The vote definitely puts a
little heat on certain Dem. Senators
up for re-election in 2014. House Republican leadership recently
pushed through a Continuing Resolution that included funding for Obamacare,
despite the protests of many members of the GOP. Speaker Boehner and House
Majority Whip Eric Cantor received flak in conservative circles for
rushing through a hasty vote. The House of Representatives possesses the “power
of the purse” under Constitutional law, so it is not required to fund the
executive branch’s activities. It would
be extremely rare to withhold funding for government programs, but if there
ever was a program as unethical and fiscally ruinous ever devised, it would be
Obamacare. The regulations alone
will easily run into the tens of thousands of pages.
~~~~~~
Your Surprise ObamaCare Taxes of the Week
Wow, hey, whaddya
know? Starting in 2014, your
employer (and, by extension, you)
will begin paying a fresh new $63 annual ObamaCare fee, to cover the extra cost
of insuring other people’s pre-existing conditions. The Associated
Press describes how this little “unexpected expense” popped out of recently
unearthed regulations:
The
charge, buried in a recent regulation, works out to tens of millions of dollars
for the largest companies, employers say. Most of that is likely to be passed
on to workers. Employee benefits lawyer Chantel Sheaks calls it a
“sleeper issue” with significant financial consequences, particularly
for large employers. “Especially at a time when we are facing economic
uncertainty, [companies will] be hit with a multimillion-dollar assessment
without getting anything back for it,” said Mr. Sheaks, a principal
at Buck Consultants, a Xerox subsidiary.
Based on figures
provided in the regulation, employer and individual health plans covering an estimated 190 million Americans could
owe the per-person fee. The Obama administration says it is a
temporary assessment levied for three years starting in 2014, designed to raise
$25 billion. It starts at $63 and then declines. Most of the money will go into
a fund administered by the Health and Human Services Department.
~~~~~~
Obama Says Some Americans More Equal than Others;
Orwellian!?
George Orwell’s
1945 novel Animal Farm had the ruling class, the pigs, revise
the law that “All Animals Are Equal” to read “Some Animals Are More Equal than
others.” President Obama lives by this creed.
We have all had the
impending pain of sequestration incessantly drummed into us. The president is
going to make certain that “everyone” feels the pain. We’ve been promised
reductions in rank-and-file government staff, the military and phantom layoffs
of teachers, firefighters and emergency responders. There will be increasing,
overall jobless numbers. No more White House tours (there were seven staff
members in the tours department), no plowing of National Parks (which doesn’t take
place until April of every year and never exceeds more than 15 miles of
trails). Fire, brimstone, and plague . .
. Oh, my.
After all, we must all share in the sacrifices, don’t we?
Well, not really. The President and his entourage aren’t feeling the slightest
pinch to his Imperial toes inside of his Cole Haan’s. Miraculously, whatever he
considered to be “necessary” remains untouched.
~~~~~~
Administration Tells Benghazi Witnesses to Keep Quiet
Some jobs require
an oath of secrecy, particularly certain positions in the military, law
enforcement or intelligence fields that may expose a person to genuine national
secrets. Then there are those situations where you might be sworn to secrecy
but it just doesn’t feel right, like when the school bully warns you not to rat
him out to the principal after taking your lunch money. According to Sen. Lindsey Graham, our government is telling witnesses
to the September 11 attack on a U.S. mission in Benghazi, Libya, to keep silent
about what they know. Congressional staff members who have been investigating
Benghazi believe there are 33 eyewitnesses who have for all intents and
purposes “vanished.” The White House has not come forward with a list of
names and won’t tell members of Congress who or where the survivors are. White
House spokesman Jay Carney has denied
that the Administration is interfering with the Benghazi investigation, saying,
“I’m sure that the White House is not preventing anyone from speaking.” Yes! We all
believe that Jay. All 33 independently
decided to say nothing and dissapear!
~~~~~~~
"In
observations on this subject, we hear the legislature mentioned as the people's
representatives. The distinction, intimated by concealed implication, through
probably, not avowed upon reflection, is, that the executive and judicial
powers are not connected with the people by a relation so strong or near or
dear. But is high time that we should chastise our prejudices; and that we
should look upon the different parts of government with a just and impartial
eye."--James Wilson, Lectures on Law, 1791
"Hence as a
private man has a right to say what wages he will give in his private affairs,
so has a Community to determine what they will give and grant of their
substance for the Administration of public affairs." --Samuel
Adams, A State of the Rights of the Colonists, 1772
~~~~~~~~~~~~
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