Washington and the Fed think they can plan out society. That they can manipulate the levers of the economy to elicit positive outcomes (mostly for them). That leaving the world to the “whims of the marketplace” is madness. That dispassionate managers (no one is dispassionate, especially political managers) can and will make the world anew. There is no God. Government is God and it will giveth and taketh as it pleases.
An excellent piece from Mark Hendrickson at Forbes.com.
He is right on the money. The size and scope of the government is a threat to our liberties. A massive political class has emerged in this country. At the lower levels it’s public school teachers (Certainly not most teachers. Most teachers are interested in teaching.) county clerks, and water use inspectors. At the top are the folks in Congress, the President, the Pentagon and the alphabet soup agencies. It is Leviathan and it grows each and every day.
It is interesting what people can justify when they think they are on the “good” team. A case in point are Anthony and Heather Podesta 2 lobbyists who are in the midst of a nasty and public divorce. Of course no one really cares about the ins and outs of the couple outside of a few hundred people who populate Washington between Constitution Avenue and Chevy Chase, but the dirt which has been floated down the public stream by the warring couple exposes the culture of privilege and hypocrisy which permeates much of “progressive” Washington and is of interest to us.
The Obamacare “exception” made by the White House for congressional staffers is blatant crony capitalism. It is nothing more than a gift bestowed upon the political class because the law would hit the connected and in some cases powerful on Capitol Hill in the pocketbook. It’s not like these same staffers wrote the Obamacare bill or anything.
Why are so many bills introduced in Congress if only 5% will ever become law? One of the reasons is that these floating bits of legislation can be used to compel companies to give money to politicians.
Remember the STOCK Act? It was the law that passed last year that made it illegal for members of Congress to use inside information to trade in their own accounts.
That’s right, until last year a member of Congress, who knew what regulations were going to impact which industries and/or companies was allowed to trade on this information.
If you or I did what they did regularly we’d go to prison.
In an article entitled Washington, DC, The Land of the Well Educated Rent Seeker, I say that Washington, DC reminds me a lot of the gleaming capital in The Hunger Games movie.