Showing posts with label Maxine Waters. Show all posts
Showing posts with label Maxine Waters. Show all posts

Monday, September 5, 2011

Mad Max(ine) is at it again


The distinguished Maxine Waters (D-CA) had this to say on Meet the Press on Sunday (emphasis mine):

"I'm talking about a jobs program of a trillion dollars or more. We've got to put Americans to work. That's the only way to revitalize this economy. When people work they earn money, they spend that money, and that's what gets the economy up and going,"

I just.. I mean.. wha.. um, are you (fill in the bad word of your choice here) KIDDING ME? The only way to revitalize the economy is a $1,000,000,000,000 plus 'jobs' program? Is it just me or did we try this already and failed miserably?

I can only assume that the Honorable Congresswoman has never had an economic course in her life. Her degree is in Sociology after all, whatever the hell that is.

Okay, let's help her here, think back to Econ 101 and see if we can't enlighten her congressionalness:

You have businesses on one side - households on the other. Businesses need resources to create and sell their products. Households have recourses they willing sell to businesses (human recourses/rent etc). In this (bizarre) scenario, firms compete for resources to create products and services driving prices down and selling to consumers more efficiently.

Households get money in the form of wages and rent that they can then spend on goods and services of their choice. This generates more investment in businesses as they expand to meet consumer wants and needs in the market. Sweet! Everybody wins right? Well everyone but the big-government liberals.

For Maxi, this is evil free-market nonsense is just - well unacceptable. You see in her world, the unwashed masses just can't make the right decisions. Free-market is just not enough. According to her view of the world, we need to add another element to 'boost' the economy. And that of course is intervention by the federal government. The only answer (her words not mine).

So her solution is to take 1/14th of the entire U.S. Economy from those who are best suited to create jobs (and thus deliver us from our economic doldrums), and simply transfer it to non-market driven goods and services. So who wins here? Well the Feds of course. By circumventing market forces, she gets to pick the winners and losers. And I am sure that those winners will be disproportionately distributed to those entities (unions) who have consistently stuffed the democrat's coffers.

In her defense I am certain that she couldn't string two coherent sentences together defending Keynesian economics. So we might cut her a break here. That being said she was not even challenged on Meet the Press on this absurdity. Par for the course I guess.


 

Wednesday, August 24, 2011

Insults are the last refuge of the out-argued


Members of the black caucus are on a mission, a mission of making themselves completely irrelevant. And I must give them credit; they are doing a masterful job of it. I'm sure you've already heard the always delightful Congresswoman Maxine Waters' (D-Calif.) insightful comments concerning the tea party, where she invites them to 'go to hell'. And not to be outdone in the arena of well thought out debate, we find Congresswoman Frederica Wilson (D-Fla.) indicating to her constituents in Miami that the 'real enemy' is (you guessed it) the tea party again.

And these are just a few of our esteemed members of congress who hold this view of the tea party. Now, I am not one to shirk an argument, but if all the other side has is name calling and disparaging remarks there is no discussion to be had. That being said, the issue these folks have with the tea party goes much deeper that a difference of opinion. In fact it goes to the core of the liberal's power base. If the tea party succeeds in reducing the level of government involvement in everyone's lives, then the game is truly up for Waters and her ilk.

Why? Simple, she and her constituents have enjoyed unlimited access to the treasury for over forty years without having to participate fully in the democratic process. And now, here comes these dastardly tea partiers trying to upset the gravy train. Unbelievably to the liberal side of the aisle, the tea party can't be bought off. No, they do not want access to the treasury; they simply want to keep some of what they earn.

This concept of individual choice, without government interference, is both foreign and terrifying to the establishment. The tea party is bound by its principle to (re) create this country as it was intended to be. And in order for that to happen, all of those who choose to live in this country must participate fully. That means, not only exercising the right to vote, but to pay taxes as well. Currently, almost half of the county's citizens do not pay income taxes. Thus, the incentive of these people is to keep voting for people that will continue giving them something for nothing. As a closing argument against this fiscal policy, I give you a quote from the great Alixis de Tocqueville (emphasis mine):

"A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largesse from the public treasury. From that moment on, the majority always votes for the candidates promising the most benefits from the public treasury with the result that a democracy always collapses over loose fiscal policy, always followed by a dictatorship. The average age of the world's greatest civilizations has been 200 years."
Alexis de Tocqueville