Now for the rest of the country.
This is one of the great axioms of government. It is the reason why, no matter how bad, how complex, how dishonest, how generally damaging a government program is there are some (the Pauls) who will defend the program to the end. The “Pauls” are getting paid. (With someone else’s money.) They will say the sky is red. They will insist that water flows uphill. That, like in Orwell’s 1984 2+2=5.
Obamacare is of course a colossal case in point.
“I rob banks because that’s where the money is,” – Willie Sutton
FDR, the man who studied Mussolini, who birthed the current intrusive state, who started the drug war in earnest, who put Japanese Americans into concentration camps, who extended the Depression years longer than it needed to be and thereby contributed to the genesis of the Second World War, who tried to pack the Supreme Court, who gave away half of Europe to the Soviets at Yalta, and who confiscated the gold – the real wealth – of the American people.
What a guy. And he still has his face on the dime.
Make no mistake, the government wants your savings. They want as much as they can get politically. The president recently floated the idea of taxing 529 plans, used to save for college, to pay for community college for people other than your kids. Why should the money you earned, and saved, go to your family? Better for the government to take your money from you so that it can give a gift to political allies.
Some people might call this theft. But not us. Oh, not us.
David Stockman asks this question, though he knows the answer.
This essay is pretty good with a couple of important exceptions.
Even though Moyers and Winship take the Dems to task for being a part of the crony capitalist game in Washington DC they still clearly see the Dems as preferable to the GOP which they refer to as the Guardians of Privilege. Though there is some truth to this jab the Dems are absolutely a party of privilege also, perhaps even worse than the GOP. That said, both parties are terrible.
“Responsibility remains so diffuse, and top executives so insulated that any misconduct could again be considered more a symptom of the institution’s culture than a result of the willful actions of any single individual.” -Eric Holder on why he “could not” prosecute anyone in the top echelons of the big banks. What a guy.
Bill Black is no ideologue. He is someone who is committed as far as I can tell to legitimate justice in massive system of financial fraud we know today as “banking.” No doubt he and I would disagree about the size and power of government generally and probably about the fundamental nature of money itself. However, he helped prosecute the case against bankers during the S&L crisis and he is extremely knowledgeable, not to say was also effective.
How incredible is it that the police all across the country often seize cars, money, boats, from people who haven’t even been convicted of crimes. Heck, often people aren’t under reasonable suspicion and lose their stuff. Got a wad of cash? Must be a drug dealer. And that car? Well, we’d like that too. It’s as if all across this country the Sheriff of Nottingham is pulling people over and jacking their stuff. From sea to shining sea this is going on and cops are going to weekend seminars to learn how to do it.