Tea Party Patriots Ordinary citizens reclaiming America's founding principles.
Showing posts with label free markets. Show all posts
Showing posts with label free markets. Show all posts

Sunday, August 25, 2019

Socialism in a nutshell




Mark Levin’s guests on Sunday evening were talking about socialism in general, and free "Medicare for All" in particular. Prof. Robert Lawson explained the fallacy:

If you want to find out how expensive something is, make it free.
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Saturday, March 16, 2019

Income inequality is fair


Image credit: ventura632.wordpress.com

A core Tea Party value is "free markets." Walter E. Williams and Thomas Sowell are two economists who are able to make complicated subjects accessible to Everyman. In his column today, Mr. Williams explains why capitalism is not a zero-sum game:

Some Americans have much higher income and wealth than others. Former President Barack Obama explained, "I do think at a certain point you've made enough money." An adviser to Rep. Alexandria Ocasio-Cortez who has a Twitter account called "Every Billionaire Is A Policy Failure" tweeted, "My goal for this year is to get a moderator to ask 'Is it morally appropriate for anyone to be a billionaire?'" Democratic presidential hopeful Sen. Elizabeth Warren, in calling for a wealth tax, complained, "The rich and powerful are taking so much for themselves and leaving so little for everyone else."

These people would have an argument if there were piles of money on the ground called income, with billionaires and millionaires surreptitiously getting to those piles first and taking their unfair shares. In that case, corrective public policy would require a redistribution of the income, wherein the ill-gotten gains of the few would be taken and returned to their rightful owners. The same could be said if there were a dealer of dollars who — because of his being a racist, sexist, multi-nationalist and maybe a Republican — didn't deal the dollars fairly. If he dealt millions to some and mere crumbs to others, decent public policy would demand a re-dealing of the dollars, or what some call income redistribution.
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A system that requires that one serve his fellow man to have a claim on what he produces is far more moral than a system without such a requirement. For example, Congress can tell me, "Williams, you don't have to get out in that hot sun to mow a lawn to have a claim on what your fellow man produces. Just vote for me, and through the tax code, I will take some of what your fellow man produces and give it to you."

Let's look at a few multibillionaires to see whether they have served their fellow man well. Bill Gates, co-founder of Microsoft, with a net worth over $90 billion, is the second-richest person in the world. He didn't acquire that wealth through violence. Millions of people around the world voluntarily plunked down money to buy Microsoft products. That explains the great wealth of people such as Gates. They discovered what their fellow man wanted and didn't have, and they found out ways to effectively produce it. Their fellow man voluntarily gave them dollars. If Gates and others had followed President Obama's advice that "at a certain point" they'd "made enough money" and shut down their companies when they had earned their first billion or two, mankind wouldn't have most of the technological development we enjoy today.
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The only people who benefit from class warfare are politicians and the elite; they get our money and control our lives. 

Say what you like about Bill Gates; Mr. Williams has a point. The full article is here
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Monday, November 19, 2018

Mike Rowe's Job Market



I’ve been a fan of Mike Rowe’s ever since accidentally seeing him as a guest on Fox News. Rowe is known for his work on the Discovery Channel series Dirty Jobs and the CNN series Somebody's Gotta Do It. He recently received the Independent Women’s Forum “Distinguished Gentleman” award, and the report on his acceptance speech is here. He expands on five major themes and closes with:

“We don’t need American Idols,” he said. “We need American icons. Icons of work. The country needs a parapateia [turning point, or as Rowe put it “a reversal of fortune or a sudden change in circumstances”]. We need to tell better stories of men and women who master a trade. We have to stop telling kids to blindly follow their passion and show them the opportunities that exist. That was the big, overarching message of ‘Dirty Jobs.’ The message that the headlines that ultimately caught up to: There is dignity in all work and opportunity is alive and well.”

Rowe talks about

finding people who were willing to show up early and stay late and learn a skill that was actually in demand. The business of recruitment was a difficult thing. Everywhere I went on the road was ‘Help wanted’ signs. The least I could do was to shine a light on some opportunities that typically go ignored.

The statistics back Rowe up. There are currently 1.5 trillion dollars of student loans on the books, and seven million jobs available, 75 percent of which don’t require a 4 year degree. But they do require training. Rowe wanted to provide such training as a way to begin to bridge the gap between goals and completion, college and a job, and failure and dignity.

Help wanted. In demand. Opportunities. The Tea Party is all about free markets, and Rowe is doing a lot to bring them back in focus. The rest of the report at The Federalist is here; Rowe's speech is linked at the top of the page, including the video. 
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Thursday, October 11, 2018

Google memo 'The Good Censor'

image credit: spartareport.com



Yesterday’s blog was about the film Gosnell, free speech, and free markets. Now comes an American Thinker report by Thomas Lifson titled

“Stunning 85-page Google memo 
'The Good Censor' leaked to Breitbart”

Lifson's blog begins:

If you are not worried about the power of Google to shape debate and elections according to its leftist political bias, you're not paying attention.  I congratulate Breitbart.com for the scoop, and I urge everyone – I am looking at you, President Trump and Congress – to read and ponder the fate of the Republic unless this company is defanged, most likely by antitrust action, but possibly also via civil courts. 

He then quotes Allum Bokhari's introduction and summary of the memo here, including:

An internal company briefing produced by Google and leaked exclusively to Breitbart News argues that due to a variety of factors, including the election of President Trump, the "American tradition" of free speech on the internet is no longer viable. ...

[T]he 85-page briefing, titled "The Good Censor," admits that Google and other tech platforms now "control the majority of online conversations" and have undertaken a "shift towards censorship" in response to unwelcome political events around the world.

The briefing labels the ideal of unfettered free speech on the internet a "utopian narrative" that has been "undermined" by recent global events as well as "bad behavior" on the part of users. ...

It acknowledges that major tech platforms, including Google, Facebook and Twitter initially promised free speech to consumers.  "This free speech ideal was instilled in the DNA of the Silicon Valley startups that now control the majority of our online conversations," says the document.

The briefing argues that Google, Facebook, YouTube and Twitter are caught between two incompatible positions, the "unmediated marketplace of ideas" vs. "well-ordered spaces for safety and civility."

Terrifying. The Breitbart scoop is hereOur household is exploring alternatives to Google, including Brave. Does anyone see an alternative to Facebook? 

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