Bribe the politicos and they might leave you alone


But don't count on it

I thought this was interesting.

Eighteen Libertarian candidates for Congress in California today issued a joint statement opposing the current financial bailout and asking whether the votes for it were openly bought with campaign contributions. The candidates released a table of data (below) from OpenSecrets.org, which shows that the bailout votes of the Libertarian candidates' incumbent opponents correlate with 2008 campaign contributions from PACs in the finance, insurance, and real estate industries to the incumbents.

If campaign contributions DID buy votes for the bailout, then that is another proof that we have crossed from the free market to merchantilism. Crony capitalism. The people who grease the politico palms are the ones who get special treatment from the government.

The question is, what are you going to do about it?

Meanwhile the hostile takeover of Wall Street continues. The Treasury Department is threatening to take over banks, whether they want to be taken over or not. All for the "common good" of course. Officially, the FedGovs aren't seriously considering nationalize banks. Supposedly. But that is the weekend's story, it will probably change by next week.

Here's the truth.

Government can't "manage" the crisis. Every time it tries, things get worse. Economies can't be centrally managed, that just drives cashflow from the official economy to the underground economies.

Cash wants to be flow freely.

— NeoWayland

Posted: Sun - October 12, 2008 at 03:04 PM  Tag


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