August 19, 2009 • 10:36 PM
Arrrggghhh! Where do we get these people?!
I read tonight in a local weekly paper this economic nugget about Cash for Clunkers from Candice Miller, a local Republican representative in Congress, “I think that, by anybody’s standards, this has been the best economic stimulus program that the government has enacted.” Later on she continues, “This is going to be a critical component of how we get out of this recession, especially in Michigan. Throughout our nation’s history, it has been auto sales that have pulled our country out of the recessions. Talk to any economist.” [emphasis added]
The article further states without quoting that she sees another upside – a goose to the state revenues through new license and registration fees and increased sales taxes. Now I feel better.
Perusing her Issues and Endorsements pages one sees that her policies and associations smack of modern day mercantilism and are similar to those of the socialists Bastiat warned against in The Law.
I repeat. Arrrggghhh! Where do we get these people?!
Filed under: Uncategorized, Austrian Economics, Bailout, Bastiat, Economics, Leviathan, Politics, Rant
October 2, 2008 • 6:41 AM
Warning: Rant ahead.
Senator Harry Reid (D-NV) has lost his sense of direction. The Crypt blog at The Politico quotes him after the passage of the Senate bailout bill as saying, “We sent a message to America, all Americans, that we will not let this economy fail,” He went on to say the bill “…will help stabilize the economy and helps people on those little side streets across America…”
I think the Senator missed the point this week. America sent a message to Washington. He is the elected one, we are the electors. He doesn’t send us “people on the little side streets” messages. We do the message sending. If he wants to help me then repeal the income tax, let me keep what’s mine and leave me alone. Don’t pass a bill that’s going to leave my kids and their kids in finacial dire straits and tell me you’ve fixed the economy. That’s a crock and I’m not buying.
Reid has received over $1 million in PAC money this year. The biggest chunk from the finance industry. Do you think he’s concerned about the people on the little streets or on Wall Street?
Filed under: Uncategorized, Bailout, Economics, Leviathan, Politics, Rant