"ALL CAPS IN DEFENSE OF LIBERTY IS NO VICE."

Monday, October 12, 2009

TEA PARTIERS VERSUS TEA SIPPERS

Have we become a people ruled by our federal government, who work for the benefit of the federal government?

It's supposed to be the other way around.

We're supposed to have a government of the people, by the people and for the people.

"We the people" formed the government; we defined its limited powers - powers specified and limited to those described in the Constitution, with all those not specifically listed as belonging to the federal government remaining with the states and the people.

Socialists - or "Democrats" as they like to be called - feel that the government is the most efficient, most honest provider of goods and services even though there's not a single example from anywhere in the world at any time where this has been true.

The free market is the most efficient provider of goods and services.

Our recent economic crisis was principally caused - not by greed or by a free market run amok - but by government intervention: the CRA; FANNIE MAE; FREDDIE MAC distorted the real estate market creating a bubble and inflating the bubble with derivatives which had the implicit backing of the US Treasury.

Had the federal government not interfered with the banking and mortgage industries the bubble would have never ever occurred.

Politician-designed government-run and tax-payer financed enterprises can never be as efficient as private for-profit enterprises because they have no incentive to innovate because there is no competition. And they have no incentive to become more efficient because they are not "playing" with their own money.

Hayek, Friedman and Coase - and Surowiecki - each proved that the free market was actually better, fairer and more efficient than anything else.

For leftists this is counter-intuitive; they reflexively feel that a benevolent elite properly educated about Marxism would make better choices for you than a hodge-podge of private outfits each making self-centered decisions.

The crowd is always wiser than the elites.

The rowdy tea partiers are always wiser than elitist tea sippers.

And you know best what to do with your own money.

Government governs best which governs least, taxes least and spends least.

And, the less government does, the less politicians can steal, mismanage, and ruin.

I think this is the real reason liberal politicians love big government. They get power, powerful friends and the power to help them.

Obama's so-called stimulus was the worst bit of government spending of all time.



And Obama's so-called stimulus did nothing for the economy - except perhaps hurt the dollar.

In only 8 months, Obama has us firmly on the path to ruin: ruinous socialism at home and calamitous appeasement abroad.

But it's not too late to chart a new course. Or to get us BACK ON OUR TRUE ORIGINAL COURSE - THE ONE CHARTED BY THE DECLARATION AND THE CONSTITUTION!

First, we have to fire Congress in 2010, and then fire Obama in 2012.

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