Article

2009-03-14 Home Front Economy

Archived material is restricted to Rantburg regulars and members. If you need access email fred.pruitt=at=gmail.com with your nick to be added to the members list. There is no charge to join Rantburg as a member.

Posted by Omoter Speaking for Boskone7794 2009-03-14 00:16|| || Front Page|| [4 views ] Top

#1 So long as the looters persist she will remain relevant.

Posted by Ragnar Danneskjöld 2009-03-14 04:23|| 2009-03-14 04:23|| Front Page Top

#2 Selfishness & dealing "with others voluntarily to mutual benefit" are mutually exclusive. Too much cognitive dissonance for me, but YMMV.

Posted by Anguper Hupomosing9418 2009-03-14 04:54|| 2009-03-14 04:54|| Front Page Top

#3 "Selfishness & dealing "with others voluntarily to mutual benefit" are mutually exclusive. Too much cognitive dissonance for me, but YMMV."

It's not mutually exclusive.
TO mutual benefit is different than FOR mutual benefit.

Posted by Chuck 2009-03-14 06:10|| 2009-03-14 06:10|| Front Page Top

#4 Rand is not, perhaps, an end point for a mature, rational, and intelligent adult, but definitely a necessary way-marker.

She understood the basics and communicated them well. Others have picked up the ball and run further with it. But her ideas get you most of the way to the goal line.

Posted by no mo uro 2009-03-14 06:41|| 2009-03-14 06:41|| Front Page Top

#5 The evil of the world is made possible by nothing but the sanction you give it.
Ayn Rand, Atlas Shrugged

Posted by Besoeker 2009-03-14 07:44|| 2009-03-14 07:44|| Front Page Top

#6 no mo uro. True but as you point out it is a good starting point. In these times of cliff note based learning anything which can touch a chord and cause people to respond with an idea that resonates is valuable. Much of what is being experienced now in the US is a repeat of the UK experience from the time of the Speeham Land Act up until the Poor Law Reform of 1832. But few if anyone today would have a clue about it much less an understanding of the debates that occurred at that time. The Benthamite arguement won the day at that time and it will win in the US again in time but in the age worn but undiminished adage "those who ignore history are bound to repeat it".

Essentially over that period the UK introduced the Corn Laws which guaranteed a basic income. It didn't take long for the obvious to occur. If you didn't work at all you got everything. So as time progressed the growing tax burden fell on the middle class which ultimately revolted. It took 30 years but it did usher in the Reform Act and the Poor Law Reform which remade the political landscape of the UK. Essentially the lesson learned is that it is the middle class which is the most relevant in bringing about change because they are the biggest group of producers, they have the most to lose and they respond most adversely to confiscatory taxation. Obama is instigating the Allinsky mode of deception to con the middle class that only the wealthy are going to pay the taxes. It is unmitigated crap. Because the middle class is the only real source of revenue. It will fail. The question is how much do people want to suffer before it is evident? You would be aware of the frog analogy. The good thing about the current rush to change is that it is noticeable and therefore is getting a reaction unlike the creeping changes which have sneaked up on the UK and Europe, emasculating them.

Personally, I disagree with the libertarian view on the role of the Military, but the last thing that anyone should do is try and fit their own thinking within the narrow confining walls of the predetermined philosphy.

Posted by Omoter Speaking for Boskone7794 2009-03-14 10:40|| 2009-03-14 10:40|| Front Page Top

#7 Everything I'm reading says that those who make up the middle class are acting as if they realize the taxes are going to hit them, sooner rather than later, no matter what they believe at the conscious level.

Posted by trailing wife 2009-03-14 14:52|| 2009-03-14 14:52|| Front Page Top

#8 Rand and her followers or Who's On First?

I supplied the answers, you supply the question.

Posted by Shipman 2009-03-14 21:23|| 2009-03-14 21:23|| Front Page Top

23:57 abu do you love
23:16 Rambler in Virginia
23:12 Cromoter McGurque2749
22:37 Frank G
22:31 DarthVader
22:21 lotp
22:13 whatadeal
22:09 ryuge
22:07 whatadeal
21:51 KBK
21:41 GolfBravoUSMC
21:37 Flagg
21:35 Flagg
21:32 Flagg
21:28 GolfBravoUSMC
21:23 Shipman
21:23 mhw
21:19 Shipman
21:15 CrazyFool
20:57 Redneck Jim
20:54 ed
20:49 ed
20:46 Redneck Jim
20:43 ed