Posts belonging to Category free market



Infinite Monkey Theorems 20100701

More bad news for Obama & the Democrats for 2010 elections.  Via The Atlantic here:

Chris Cillizza’s Morning Fix reports new data from Gallup showing that independents now favor a generic Republican candidate for Congress over a generic Democrat by 12 points….

& as is continually the case with this congress, more bad news for freedom.  Via The Hill here:

The 30-second campaign ad could become a thing of the past for third-party groups if the Democrats’ campaign finance legislation becomes law.

Media strategists argue the new disclosure requirements would eat into the majority of their ad time….

& while we’re talking about lack of freedom…. what might Kagan do about this “disclose” act?  Via Reason.com here:

As solicitor general of the United States, Elena Kagan argued in front of the Supreme Court that the federal government had the constitutional authority to ban certain political pamphlets. She also strongly implied that some political books, if they were partisan enough, could also be censored…..

Does is matter that she’s against free political speech?  Unlikely…. via Yahoo News here:

…Kagan’s performance in the Judiciary Committee drew praise from Democrats and compliments even from some critics, putting her on a path to confirmation by the full Senate sometime in July.

“She will be confirmed. I believe she will be confirmed,” said Republican Orrin Hatch, a member of the Judiciary Committee, predicting there would be at least some Republican support…..

& least we forgot, there’s still an oil spill…. which is being screwed up by the same government that is promising to “fix” healthcare….  Via The Heritage Foundation here, all kinds of people are offering help, but we’re still considering it:

In total, there have been 27 countries and 5 international organizations offering boom, dispersants, skimmers, vessels, bird rehabilitation equipment as well expertise. Along with the other important action items for the administration to undertake, accepting international assistance must be a more urgent priority. The Department of State has a chart that lists the equipment and expertise sitting on the sidelines with most of the status orders “under consideration.” Owners of the equipment have been rapid in their response to government queries but the equipment remains idle. It simply needs to be better….

Not to mention the economic killing impact the asinine moratorium is having:

Meanwhile, the Gulf continues to suffer. It’s not just government incompetence when it comes to the environmental cleanup; the administration’s policy decisions are making the economic harm much worse – especially the offshore drilling moratorium. Although the ban was only meant to affect those rigs operating in water 500 feet or deeper, it has led to a de facto ban on shallow water drilling….

Butler said that only one of his four drill rigs are operating; all four were drilling before the spill. Spartan has six contracts that would put his entire fleet back to work, but he can’t get going until the permits come through, he added. The week before last, Butler said he had to lay off 72 employees. Come Tuesday he’ll have to let another 140 go. “That’s 140 families, is how I look at it,” Butler said….

Not only incompetence in the clean-up, idiocy in quickly implemented, but poorly thought out regulations (DA post here), The Atlantic takes all this and poses an interesting moral question here:

In this video from Climate Desk partner Need to Know, Atlantic correspondent and oil expert Lisa Margonelli talks to Jon Meacham about halting drilling in the Gulf. She explains her view that Americans don’t have a right to drive cars and use gasoline unless we’re willing to drill for it in our own backyard….

For good news – research conducted on parents and children in reference to video games demonstrates that most parents actually don’t need government help.  Via The Technology Liberation Front (here):

  • 93% of the time parents are present at the time games are purchased or rented
  • 64% of parents believe games are a positive part of their children’s lives
  • 86% of the time children receive their parents’ permission before purchasing or renting a game
  • 48% of parents play computer and video games with their children at least weekly
  • 97% of parents report always or sometimes monitoring the games their children play
  • 76% of parents believe that the parental controls available in all new video game consoles are useful

It might be scary to those in government who are continuing to try to push more laws concerning how parents raise their children as it discounts the need for those laws, but for us normal folk – it gives us what we see everyday:

Once again, these findings illustrate that parents are parenting!

Russian & Free Market Reforms

In what has to be good news in the world & especially Russian citizens, Russia appears to be moving forward towards free market reforms with help from former President Putin.

For Russia, the last 30 years has been marked by instability.  Russia in the 80′s was in a descent from crumbling Communism which limited real individual freedoms.  They moved from that, to a poorly implemented and corrupt form of cronyism, which also limited real individual freedoms.

Then to stabilize and reassert themselves to the international community, former President Putin worked towards a stronger central government.  In doing so, he too worked towards the removal of individual freedoms.  For example, having the government buy the the main press outlets, using the judicial system to attack  corporate heads who were against Mr. Putin’s reforms, changing election laws to reduce citizen say, and many other things.  All of which seemed a sure march back to Communism and the stage for a new global dynamic with Russia trying to be the main international opposition to the US.

However, in recent months Stratfor and other publications have been noticing changes inside the Russian government.  Many reformers have been pushing the new President and Mr. Putin to begin to make real free market reforms through privatization and it looks like they’ve won some ground (Stratfor Video below):

Since I have a strong belief in the morality and pragmatism of individual freedom, this is a good sign.  Let’s hope it continues.

Odd thing is – those without freedoms or with lesser freedoms around the world have been pushing for market reforms, including Germany, France, China, Russia… while the US is pushing centralized control over banking and health care (to name two things).

Proving once again, that the price of freedom really is eternal vigilance.

The Free Market in a Global Recession

Bank of America announced today it’s plans to repay the $45 billion dollars in tarp money to get out from under the restrictions of the government (AFP):

…The bank based in North Carolina said it would repurchase the preferred shares issued to the US Treasury as part of TARP, but would not immediately buy back the warrants, or options to buy additional shares.

“This is good news that the bank can get out of the TARP and can stop having to answer to public and government criticism,” said Jon Ogg at 24/7 Wall Street….

The policies BoA is trying to escape from includes restrictions on the top 25 individuals in the company including the CEO.  I and many others wrote about what a disastrous policy from the new administration this truly was (here):

Even without bothering with the fact that the government is not in any position to understand what kind of compensation any single employee should have, this is still a radical and arbitrary move that if continued can work to destabilize the economy.

…this decision is an anathema to a free society breaking not only the contract rights of ordinary citizens, but also violating all individuals by pushing a blatant ex  post facto punishment…

Just two days earlier, I also wrote about BoA’s issues with getting a new CEO hired under all the government restrictions (here).  Indeed, at least four potential candidates have simply stated they don’t want the job.

Now, if these policies were actually designed to do this, incentivize those companies with TARP money to pay it back as quickly as possible, bravo!

Taking the language from the administration I doubt it, but it’s always good news when a major business under intense governmental scrutiny shows the quickest to its financial health is to remove the additional scrutiny.

This also  parallels with a recent NBER Paper on the global economic recession (abstract here, full paper purchase price $5).  In the full paper they try to prove the thesis that the main problem with the global economy is that investment money from developed countries should be flowing into developing countries, but instead developing countries such as India and China have investment income flowing into developed countries like the US & Britain.

& This seems pretty intuitive.  In general, investment money will flow to inefficient markets, industries, and companies in an immature market.  The reason is easy – it’s more and faster bang for the buck.  However, in a mature economy like the US and as we move forward in time, there are less and less efficiencies to be gained through anything other than new technologies.

In an immature market it’s the opposite case.  Industries and companies are new.  Small amounts of investment money can return great efficiency gains and therefore monetary gains.

Some people try to blame us citizens, consumerism, and capitalism in general for this failure, but that’s actually the opposite of the truth as well.  The reason Chinese citizens save so much more of their disposable income than do US citizens isn’t because they are more frugal, but have less real options to invest domestically even though major efficiency gains are theoretically possible.

As the abstract states:

…The inability of emerging economies to absorb savings through domestic investment and consumption due to inadequate national financial markets and difficulties in enforcing financial contracts; the currency controls motivated by immediate national objectives; and the inability of the US economy to adjust to the perverse incentives caused by huge money inflows leading to a breakdown of checks and balances at various financial institutions. The financial crisis in the US was but the first acute symptom that had to be treated. A sustainable recovery will only occur when the natural flow of capital from developed to developing nations is restored….

This doesn’t mean the US doesn’t have fault – so long as we continue to allow the government to write blank checks of any amount without respect to the deficit and ignoring huge unfunded liabilities such as MediCare – we seem to be on a sure path to a back slide.  I’m not really into prediction making as it’s obviously fraught with so many problems, but I’ll never understand how the solution to cheap money and an over investment of housing, is to keep money cheap and incentivize home buying (here).

Either way, it’s good news for BoA, with investors showing their interest with heavy after hours trading (here).

An Alternative: The Market Option

Late last week, Michael F. Cannon @ Cato released a study entitled, Yes, Mr. President A Free Market Can Fix Health Care in response to a challenge made by President Obama in March 2009:

“If there is a way of getting this done where we’re driving down costs and people are getting health insurance at an affordable rate, and have choice of doctor, have flexibility in terms of their plans, and we could do that entirely through the market, I’d be happy to do it that way.”

This is very much a presumption based question, like “When did you stop beating your wife?”  It holds within an assumption the only plausible answer is one which uses the power of the government to control the market, and by extension individual citizens, with complete skepticism about any power of the free market.

While this seems to be the default assumption of many of my fellow citizens these days, I don’t know that I’ll ever understand how an objective look at market success versus an objective look at governmental success would lead one to believe the government is capable of much more than simple, repetitive tasks.

Having said that and even knowing the Democratic leadership and the White House is likely to ignore the answer, Mr. Cannon presents a pretty convincing case about a market solution (@Cato).  He explains:

how Congress can remove the impediments that currently prevent markets from doing so:

  1. Give Medicare enrollees a voucher (adjusted for their means and health risk) and let them purchase any health plan on the market,
  2. Reform the tax treatment of health care with “large” health savings accounts, which would give workers a $9.7 trillion tax cut (without increasing the deficit) and free them to purchase secure coverage that meets their needs,
  3. Free consumers and employers to purchase health insurance across state lines (i.e., licensed by other states), which could cover up to one third of the uninsured,
  4. Make state-issued clinician licenses portable, which would increase access to care and competition among health plans, and
  5. Block-grant Medicaid and the State Children’s Health Insurance Program, just as Congress did with welfare.
  6. Whole thing here.

    The Public Option

    If you’re anything like me, you too are getting nauseous about the “public option” in the health care debate.  One day it exists, the next day it will never exist.  The day after, it’s required…

    Well, apparently legislators might have a compromise to pass a bill including an “opt-out public option” (@theHill.com):

    Democratic senators continued to remain bullish on the chances of creating a government-run public option as part of health reform….

    …Schumer echoed the calls of several senators who this week said that Democratic negotiators has garned the 60 votes necessary to invoke closure on the measure. Sen. Arlen Specter (D-Pa.) last week put it in even stronger terms, saying that Reid had 60 votes for a “robust” public option.

    …According to Schumer, Reid “is leaning strongly” toward including a provision that would allow states to opt out of public health insurance if they want to keep private insurers.

    Schumer added that the liberal senators are “able to live with” an opt-out public option under which states could decline to participate in a public program….

    So there we are;  in a compromise between moderate and liberal Democrats only, a public option seems likely.  Not only has the White House and Democratic leadership dropped any pretense of working across the isle, but people at large seem unwilling to question the claims of their leaders.

    One suc spurious claim, is that this option will result in increasing competition:

    …”We need some competition for the insurance companies,” Schumer said on NBC’s “Meet the Press.” A government-run insurance plan would “have to play by the same rules as the insurance companies and it would negotiate rates with the providers,” Schumer said. Having a public option would bring competition to states that only have one or two insurance providers, Schumer said….

    Proponents everywhere continue to take this stance, even though a public option is logically inconsistent with their stated goal of increase competition.

    If Mr. Schumer and others truly wanted to add some competition for insurance companies, adding a new company would not be necessary.  In deed, removing the laws the disallow selling of insurance over state lines doesn’t cost the tax payers one single dime, yet increases competition dramatically, both in the total number of competitors and the speed at which they can begin competing.    Additionally, given the benefits a public option will have over its private competitors, this isn’t really competition.

    As Michael Tanner wrote over @ Cato, this support for a public option isn’t likely what it seems (@Cato):

    Cognitive dissonance is defined as holding two completely contradictory ideas at the same time.

    That seems to be the case with the American public, with a new poll showing rising support for a so-called public option in health care, even as the public continues to oppose greater government control over the health care system….

    All in all though, the Democrats hands seem to be very strong hand right now with recent polls showing 57% of the country expressing approval of a public option.   With uninformed voters, an uninformed and uninformative press, and politicians more worried about winning than engaging in honest debates, this compromise might soon become law.

    That’s freedom for you – as unfortunate as it seems, whether most people truly understand what the public option entails is irrelevant.  So long as they are willing to approve things they know little about and skip any hard work necessary to critically analyze the problem and various solutions, this new government boondoggle will just continue going forward.

    Is this reality or a weird parody?

    Without apparent concern about the percentage of people who loudly proclaim their dislike of the DMV and use it as an analogy for all that is wrong with the government… the Senate version of the health care bill includes a portion that would allow citizens the pleasure of getting health care insurance through the DMV (Townhall.com):

    The most revelatory passage in the so-called “plain English” version of the health care bill that the Senate Finance Committee approved on Tuesday (without ever drafting the actual legislative language) says that in the future Americans will be offered the convenience of getting their health insurance at the Department of Motor Vehicles.

    This is no joke. If this bill becomes law, it will be the duty of the U.S. secretary of health and human services or the state governments overseeing federally mandated health-insurance exchanges to ensure that you can get your health insurance at the DMV.  You will also be able to get it at Social Security offices, hospitals, schools and “other offices” the government will name later. …

    I guess a Social Security office makes a little sense and even perhaps schools as a temporary sign-up location, but it seems to me signing up at a hospital or school isn’t a good idea over the long run.  I think the idea is that we will all live in the beautiful world with top of the line health care we got when  dropping our children off at school…  If so, it seems that getting insurance at the hospital or waiting until my child goes to school would  be a little late…

    Even assuming all three of those are brilliant ideas – did they really mean to include the DMV?

    I have this sinking feeling politicians everywhere laughing at us.  Either that or we need a new term other than “out of touch” that connotes the gap between everyday individuals and our leaders is so large as to make the Grand Canyon seem tiny by comparison.

    Do they honestly think adding health care insurance to the duties of the the normal DMV clerk will help them pass the bill?

    Who knows though?  Maybe I’m completely off base and this is setup behind the scenes by some mysterious genius who brainwashed unwitting politicians. <begin dream sequence>

    In fact, it’s not stupidity that created this language.  Not at all; in fact, it’s a creative attempt at a self destruct device for the bill as is.  Where exactly in the world is Hank Scorpio <end dream sequence>

    Of course the latter would assume a complex network of contacts and some people with super powerful persuasion skills while the former only requires a belief in the group ignorance of our current set of politicians.

    In experience and recent history is any guide, the safe bet is on idiocy.  All day, every day, and twice on Sunday.

    Social Service Verification for Helen   Kelly


    America’s Leader in Employment & Income Verification

    UNOFFICIAL COPY    For Demonstration Purposes Only
    This information is provided as historical information and cannot be used to verify employment or income.

    The following information is provided in response to your request on: 10/15/2009 .
    The employer provided this information to The Work Number to act as their official agent for employment and income verification. Any inconsistency between the most recent start date and the total time with the employer is due to a prior work period. If you have questions, please call our Client Service Center at 1-800-996-7566 (Voice) / 1-800-424-0253 (TTY/Deaf).Information not provided by the employer is shown as “Data not provided.”

    Where can I go?
    Print This Verification Print Verification
    Back to previous page
    Get another verification


    Exit/Logout
    Social Service Verification

    Employment and Income Information current as of: 09/15/2009
    Reference Number for this verification: 22578611
    EMPLOYER
    Employer: 11472 – Johns Hopkins University
    Headquarters Address: 3400 North Charles Street
    Baltimore , MD 21218
    US
    Federal Employer Identification Number (FEIN): 52-0595110
    Division: 52-0595110
    EMPLOYEE
    Employee: Helen  Kelly
    Social Security Number: XXX-XX-0652
    Address: 307 S Cornwall St
    Baltimore , MD 21224
    US
    Employee Phone Number: Data not provided
    Date of Birth: Data not provided
    EMPLOYMENT
    Employment Status: Active
    Most Recent Start Date: 02/15/1999
    Original Hire Date: 02/15/1999
    Reason for Termination: Data not provided
    Total Time with Employer: Data not provided
    Job Title: Administrative Program Coordinator
    Union Affiliation: Data not provided
    Work Location (Job Site): Data not provided
    MEDICAL INSURANCE
    Medical Insurance Available: Data not provided
    Employee Eligible: Data not provided
    Reason for Ineligibility: Data not provided
    Employee Enrolled: Data not provided
    Eligibility Date: Data not provided
    Next Open Enrollment Date: Data not provided
    Coverage Start Date: Data not provided
    Coverage Termination Date: Data not provided
    Medical Carrier Name: Data not provided
    Medical Carrier Address: Data not provided
    Medical Carrier Phone Number: Data not provided
    Medical Insurance Policy Number: Data not provided
    Medical Insurance Group Number: Data not provided
    Coverage Level: Data not provided
    Annual Cost for Medical Insurance: Data not provided
    Dependent Coverage Available: Data not provided
    Per Pay Period Cost to Add Dependent: Data not provided
    Number of Dependents Covered: Data not provided

    Dependents SSN Birth Date
    Data not provided
    Participating in Medical COBRA: Data not provided
    DENTAL INSURANCE
    Dental Insurance Available: Data not provided
    Employee Eligible: Data not provided
    Employee Enrolled: Data not provided
    Dental Carrier Name: Data not provided
    Dental Carrier Phone Number: Data not provided
    Dental Insurance Policy Number: Data not provided
    VISION INSURANCE
    Vision Insurance Available: Data not provided
    Employee Eligible: Data not provided
    Employee Enrolled: Data not provided
    Vision Carrier Name: Data not provided
    Vision Carrier Phone Number: Data not provided
    Vision Insurance Policy Number: Data not provided
    WORKERS’ COMPENSATION
    Receiving Workers’ Compensation: Data not provided
    Carrier: Data not provided
    Date of Injury: Data not provided
    Date of Award: Data not provided
    Claim Number: Data not provided
    Claim Pending: Data not provided
    INCOME AND DEDUCTIONS
    Average Hours per Pay Period: 81
    Rate of Pay: $2,237.25 / Semi-monthly
    Pay Cycle: Semi Monthly
    2009 2008 2007
    Total Gross: $37,989.39 $51,359.92 $48,890.04
    Payroll Deduction for All Insurance Coverage: Data not provided
    PAY PERIOD DETAIL   9/15/2009
    Income Withholding
    Total Gross Earnings $2,274.75
    Pension Data not provided
    Other Income Data not provided
    Federal Tax $152.13
    State Tax $52.03
    Local Taxes $34.81
    Social Security $141.03
    Medicare $32.99
    Retirement/401k $916.66
    Cafeteria Plan $0.00
    Garnishments $0.00
    Other Withholding $0.00
    HISTORICAL PAY PERIOD SUMMARY
    Pay Period End Date Pay Date Hours Worked Gross Earnings Net
    09/15/2009 09/15/2009 $2,274.75
    08/31/2009 08/31/2009 $2,274.75
    08/15/2009 08/14/2009 $2,274.75
    07/31/2009 07/31/2009 $2,274.75
    07/15/2009 07/15/2009 $2,274.75
    06/30/2009 06/30/2009 $2,274.75
    06/15/2009 06/15/2009 $2,445.09
    05/31/2009 05/29/2009 $2,189.58
    05/15/2009 05/15/2009 $2,189.58
    04/30/2009 04/30/2009 $2,189.58
    04/15/2009 04/15/2009 $2,189.58
    03/31/2009 03/31/2009 $2,189.58
    03/15/2009 03/13/2009 $2,189.58
    02/28/2009 02/27/2009 $2,189.58
    02/15/2009 02/13/2009 $2,189.58
    01/31/2009 01/30/2009 $2,189.58
    01/15/2009 01/15/2009 $2,189.58
    12/31/2008 12/30/2008 $2,189.58
    12/15/2008 12/15/2008 $2,189.58
    11/30/2008 11/26/2008 $2,189.58
    11/15/2008 11/14/2008 $2,189.58
    10/31/2008 10/31/2008 $2,189.58
    10/15/2008 10/15/2008 $2,189.58
    09/30/2008 09/30/2008 $2,189.58
    09/15/2008 09/15/2008 $2,189.58
    08/31/2008 08/29/2008 $2,189.58
    08/15/2008 08/15/2008 $2,189.58
    07/31/2008 07/31/2008 $2,189.58
    07/15/2008 07/15/2008 $2,189.58
    06/30/2008 06/30/2008 $2,189.58
    06/15/2008 06/13/2008 $2,487.08
    05/31/2008 05/30/2008 $2,040.83
    05/15/2008 05/15/2008 $2,040.83
    04/30/2008 04/30/2008 $2,040.83
    04/15/2008 04/15/2008 $2,040.83
    03/31/2008 03/31/2008 $2,040.83
    03/15/2008 03/14/2008 $2,040.83
    02/29/2008 02/29/2008 $2,040.83
    02/15/2008 02/15/2008 $2,040.83
    01/31/2008 01/31/2008 $2,040.83
    01/15/2008 01/15/2008 $2,040.83
    12/31/2007 12/28/2007 $2,040.83
    12/15/2007 12/14/2007 $2,040.83
    11/30/2007 11/30/2007 $2,040.83
    11/15/2007 11/15/2007 $2,040.83
    10/31/2007 10/31/2007 $2,040.83
    10/15/2007 10/15/2007 $2,040.83
    09/30/2007 09/28/2007 $2,040.83
    09/15/2007 09/14/2007 $2,070.79
    08/31/2007 08/31/2007 $2,033.34
    08/15/2007 08/15/2007 $2,033.34
    07/31/2007 07/31/2007 $2,033.34
    07/15/2007 07/13/2007 $2,033.34
    06/30/2007 06/29/2007 $2,033.34
    06/15/2007 06/15/2007 $2,033.34
    05/31/2007 05/31/2007 $2,033.34
    05/15/2007 05/15/2007 $2,033.34
    04/30/2007 04/30/2007 $2,033.34
    04/15/2007 04/13/2007 $2,033.34
    03/31/2007 03/30/2007 $2,033.34
    03/15/2007 03/15/2007 $2,033.34
    02/28/2007 02/28/2007 $2,033.34
    02/15/2007 02/15/2007 $2,033.34
    01/31/2007 01/31/2007 $2,033.34
    01/15/2007 01/12/2007 $2,033.34

    The War on People

    Gun advocates have long contended the anti-gun lobby is only using guns as a stepping stone to slowly remove other freedoms.  Like the saying, “They first came for the communists, but I wasn’t a communist.”  Indeed, this is truism that writers have told us for centuries: freedom is precious and must be protected.  As Hayek stated:

    “If we wish to preserve a free society, it is essential that we recognize that the desirability of a particular object is not sufficient justification for the use of coercion.”

    Well, not to be ones to go against a historical truth nor stop our descent into statism,  statists moved from guns, to smoking, to obesity.   We’ve seen smoking bans in most states, some so restrictive that it makes illegal smoking in tractor trailers as they are assumed to be a “place of business”, banning handguns in major cities,  to the banning of actual cooking ingredients such as transfats.

    It never seems to dawn on any of the proponents, that each of these laws removes one additional freedom.  Nor do statists seem to understand that humans will find ways to behave exactly as they wish regardless.  This is especially true of economic regulations, but also of business regulations meant to influence individual behavior.

    For instance, during the recent concentrated attacks on America’s obesity “problem”, many local and state governments have looked into legislating calorie counts and nutritional value be available on the menu itself.  Apparently, having to ask for the nutritional value which is already available was too difficult, hence the reason to further regulate.

    It matters little that giving nutritional value by request or forcing it on the menu doesn’t to change behavior.  Than proposed bans on food advertising will have little effect:

    George Mason University’s Todd Zywicki noted at a forum last summer that the average American child actually watches less TV than he did 15 years ago. What’s more, children face less exposure to food ads now than they did then, for a variety of reasons. The remote control has made ad-watching optional over the last 20 years, and more recent technology like TiVo may make traditional commercials completely obsolete…

    Indeed, the reason also has little to do with good business, such as McDonald’s excelling by giving clients good tasting food at relatively cheap prices very quickly.  Research has shown:

    …The economist Tomas Philipson and I have written about the economics of obesity. We have pointed out that the decline in the price of fatty foods, along with the rise in the opportunity cost of physical activity (work is more sedentary than it used to be, so one has to invest extra time to get exercise, and television and video games have increased the utility that people derive from sedentary leisure pursuits), explains the dramatic long-term increase in the percentage of Americans who are seriously overweight….

    Same with gun control advocates.  They don’t seem to worry about inconvenient facts like banning handguns in very high crime areas does little to prevent crime, but does a lot in preventing citizens from exercising their freedom to self-defense.  In Chicago:

    Far more of the guns seized at crime scenes in Illinois come from Illinois than any other state.

    It doesn’t even matter that we can see the slippery slope happening right in front of us.  For instance,  if we can ban smoking in private business establishments, why not private vehicles?  Crazy you say?  It’s already happening in limited fashion as we speak for child custody cases.

    No, proponents everywhere of using government force for your own good, don’t seem to be able to see any consequences other than their pet project.  All that seems to matter today, is that enough people think the action is bad and are willing to use government coercion as a means to an end.

    For a country with a history of trying to prevent the exploitation of minority groups by the majority, and indeed a Constitution to enshrine that very ideal, we’re moving quickly into tyrannical rule by the majority.  Let’s all remember, that we are a Constitutional Republic, because true Democracy is nothing more than allowing 51% of the population to enslave 49% of the population by simple majority vote.

    Can we get this in writing?

    From Mother Jones:

    Michael Moore is at it again. In Fahrenheit 9/11, he took on US foreign policy as brought to us by George W. Bush and Dick Cheney. In Sicko, he dissected the health insurance industry. And in his new documentary, Capitalism: A Love Story, he challenges the fundamental organizing principle of American society: private enterprise….

    Yes, it’s yet another propaganda film  from Michael Moore (as if he’s capable of much else).  As with his previous films, it will probably be entertaining and no doubt some parts of society will use it as proof that capitalism is evil.  All the while, they will ignore the irony that the system the are despising is responsible for the very freedom they use to speak against it.  That capitalism has done more to raise people out of poverty than Hugo Chavez, Che, Trotsky, and all the other “revolutionaries” combined.  History has proven this to be true time and time again.

    I know what they’ll say though, “All we need is the right leaders this time and all will be well.”  So they might as well use their idol to sum up the film:

    …The film climaxes with never-before-seen footage Moore’s researchers uncovered of FDR telling the American public in 1944 on the radio that the nation needed a second Bill of Rights that would guarantee Americans the right to a job, to a home, to an education, and to medical care. “Unless there is security here at home, there cannot be lasting peace in the world,” Roosevelt says….

    Ah, the fabled FDR… fabled that is so long as you ignore history; like the fact he made the Great Depression 7 years longer through his “New Deal” policies:

    Two UCLA economists say they have figured out why the Great Depression dragged on for almost 15 years, and they blame a suspect previously thought to be beyond reproach: President Franklin D. Roosevelt….

    …”Why the Great Depression lasted so long has always been a great mystery, and because we never really knew the reason, we have always worried whether we would have another 10- to 15-year economic slump,” said Ohanian, vice chair of UCLA’s Department of Economics. “We found that a relapse isn’t likely unless lawmakers gum up a recovery with ill-conceived stimulus policies.”…

    Or the fact he tried to use court stacking tactics to bypass that pesky, out of date, worthless document formerly known as the US Constitution, basically making the point that “If it’s unConstitutional, find new judges”:

    …Since the U.S. Constitution does not limit the size of the Supreme Court, Roosevelt, having won an expanded electoral mandate in his reelection, sought to counter this entrenched opposition to his political agenda by expanding the number of justices to create a pro-New Deal majority on the bench.  Opponents viewed the legislation as an attempt to stack the court leading to the name “Court-packing Plan”….

    Or the fact he ran for his fourth term when he was too ill to govern.  Yes, let’s ignore the fact he was so self-absorbed and arrogant, that he demonstrated through his actions, he was willing to stay President of the US, with all its power, even though it was obvious he was no longer up to the task (here):

    …Roosevelt, who turned 62 in 1944, had been in declining health since at least 1940. The strain of his paralysis and the physical exertion needed to compensate for it for over 20 years had taken their toll, as had many years of stress and a lifetime of chain-smoking. By this time, Roosevelt had numerous ailments including chronic high blood pressure, emphysema, systemic atherosclerosis, coronary artery disease with angina pectoris, and myopathic hypertensive heart disease with congestive heart failure. Dr. Emanuel Libman, then an assistant pathologist at Mount Sinai Hospital in New York City, reacting to Roosevelt’s appearance in newsreels, remarked in 1944 that “It doesn’t matter whether Roosevelt is re-elected or not, he’ll die of a cerebral hemorrhage within 6 months” (which he did, five months later)….

    Yes, after all those reasons to re-think the glory that is the Presidency of FDR, we know have, thanks to Michael Moore, proof that FDR was a true socialist.  Like many socialists, he was more than willing to spend your money in furtherance of his goals, even though it’s failed ever single time it was tried…

    But when defeating evil, the goal is righteous:

    …”Capitalism is an evil,” Moore narrates, as the film concludes, “and you cannot regulate an evil. You have to eliminate it.” …

    It’s an odd position to take that allowing people the freedom to enter into contracts for work or to barter or for any other economic reason they choose is evil, but he knows what’s best and that’s just the way it is.  After all, if you disagree, you’re probably “evil”.

    Irregardless of Michael Moore’s lack of understanding as it relates to gun rights, health care, 9/11, and now… his complete lack of critical thought on capitalism, there is a silver lining:

    …After a screening in Washington on Tuesday night, Moore told the audience that if people don’t rise up and take action after watching this film, that’s it—he’s done making movies. I can do other things, he remarked….

    One can hope those other things include spending his own money to provide health care and housing for the poor, instead of using the government as his weapon to force everyone else to do what he thinks is right.