Words are the only thing the GOP can give you …

Yesterday the CNBC debate aired; ninety minutes of sheer absurdity and tom foolery.  To all those that watched it in it’s entirety, my apologies – that’s ninety minutes of your life you will never get back.

Today there has been enough talk about how silly it all was.  No need for more words about that.

Several hours before the debate, however, legislation passed the house of representatives raising the debt ceiling, once again – furthering political commitment to financial irresponsibility.  The worst part about it is that 79 republicans, most of which (including our own Tom Cole and Frank Lucas) were elected for their “conservative principles”  voted in favor of the deal.

We can always count upon these politicians to give speeches and talk about principles, conservatism, fiscal responsibility and all that.  There is never any shortage of rhetoric, especially during election years.  But action?  We cannot be so sure.

Maybe they wanted to avoid a government shutdown.  Government shutdowns are difficult politically, as it always reflects badly upon the GOP.  But that shouldn’t matter, right?  Don’t you have bedrock principles on which you stand on, thick or thin?

We should not fear government shutdowns.  After all, the necessary functions of government remain open.  And, as I have said before, if a function of government is not necessary during times of financial difficulty, why is it a function of government at all?

We can always count on words from the GOP.  But action, meaningful action, is quite another matter.

This election circus will continue, with no foreseeable positive result.


Bernie Sanders and the erosion of property rights…

It has once again become fashionable to demand all sorts of services and conveniences from government which was never intended to meddle in such things.

Health-care has long been a demand, but now?  The Sandarsians want free college, child care, maternity leave and now I read that a multi-billion dollar job initiative for the “disadvantaged youth” of the nation is in the works.   All noble things I’m sure, but how is it going to be possible?

The familiar refrain begins – tax the rich!  Tax the corporations!  Now is the time for the wealthiest among us to pay their fair share!

Somehow or another, a large segment of our voters, perhaps a majority, feel entitled to the property of others just because those others have more.  The typical assumption is that if you are rich in this country, you must have become so by stepping on someone’s toes.  If you are rich, someone else must be poor because of it.  But wealth creation is not a zero-sum proposition.

Would I like to see all persons cared for, all persons employed, all mothers able to spend proper time with their newborns?  Of course.  But government and the rampant plunder that must be carried out to accomplish these things is not the answer.  I genuinely believe, just as the free market led to improved working conditions and increased salaries for all, it will also lead to these other things, if left alone.   But this isn’t even the point of my article here.

Something actually quite dangerous is going on.  Well, it’s been going on for a long time but it is currently intensifying.   The erosion of the right to property.   Do you have full rights to the wealth you have earned?  To save or spend your wealth as you see fit, no matter how little or how much?

One of the foundations of a civilized society is the mutual respect of each other’s private property.  When the concept of private property comes into question, so does the idea of civilization – when the property of some is subject to the whims of a majority, I daresay that the foundations of this civilized society will begin to crumble.  A stretch?  I don’t think so, because it’s certainly happening.


Sanders assures us that taxing the big corporations that “don’t pay anything” will help us out of this fiscal hole and on to our road to utopia.   And his supporters are all over this – “Down with the corporations!” they proclaim from their Iphones.

The irony does not end there.

Is it not true that a business, when selling a product, ends up passing onto the consumer every expense related to the production of that product?

Of course.

Is a tax on corporations another cost of doing business, which will ultimately fall upon the shoulders of the consumers?  Naturally.

Companies and corporations are simply a middleman between the consumer and a finished product.  Every expense incurred by that corporation will be ultimately incurred by us.   Corporations never have, and never will pay taxes.