Showing posts with label Economics. Show all posts
Showing posts with label Economics. Show all posts

Sunday, September 13, 2009

9/12 March On Washington, DC

From The Rhetorican:

"I dunno if that’s 2 million. But really, who the hell cares? Put any number you want on them. The video speaks for itself. And this is what it says: It’s not just a Mob. It’s a popular movement."


It was easy for the administration and the MSM to dismiss the the Tea Parties because they were dispersed all over the country. But if you took the time to tally up attendance numbers you would have found 500,000 in March, over a 1,000,000 in July and the only thing I can say about the August town halls is Congress is lucky there were only 31 days in the month. EVERYDAY CITIZENS DON'T HAVE THE TIME TO TRAVEL TO DC. WE'RE BUSY MAKING THIS COUNTRY WORK AND WE ONLY WANT THE GOVERNMENT TO GET OUT OF THE WAY.

But yet here they are, and yes indeed, that is a lot of folks by any measure. As I have said from the very beginning - this administration is working overtime to piss off all the wrong people. I wish I could have been there myself but instead I am flying my Gadsden flag and am there in spirit. When you have that many everyday citizens that feel they need to march on Washington to show their disapproval for the current administration's policies, someone, somewhere had better start to pay attention. If they don't, this isn't going to end well for them.

Any other interesting side note from Instapundit:
"I’ll tell you what I find impressive. I’m watching the Fox news video about 15 minutes after the end of the event. The crowd has thinned out enough that you can see the ground and there is not a speck of trash on the grass. Absolutely clean. To contrast, google ‘pictures of litter on the mall after the inauguration.’”

Sunday, May 31, 2009

Some Iron Laws of Political Economics

From Armed and Dangerous:

There is no form of market failure, however egregious, which is not eventually made worse by the political interventions intended to fix it.

Political demand for income transfers, entitlements and subsidies always rises faster than the economy can generate increased wealth to supply them from.

Although some taxes genuinely begin by being levied for the benefit of the taxed, all taxes end up being levied for the benefit of the political class.

The equilibrium state of a regulatory agency is to have been captured by the entities it is supposed to regulate.

The probability that the actual effects of a political agency or program will bear any relationship to the intentions under which it was designed falls exponentially with the amount of time since it was founded.

The only important class distinction in any advanced democracy is between those who are net producers of tax revenues and those who are net consumers of them.

Corruption is not the exceptional condition of politics, it is the normal one.