Monday, January 31, 2011

Bookworm Room » Democrat, Corruptocrat!

The tendency of the Democrats is to regulate heavily, and then take "contributions" from partners in big business in exchange for waivers. Bookworm Room » Democrat, Corruptocrat!
Democrats are the friends of big business, Conservatives are the friends of small business. Democrat government inevitably ratchets its way to corruptocracy.

If you don’t agree with this, can we at least agree that Democrats favor highly regulated economies and societies and conservatives don’t?

Let me explain with two examples.

1) The Wall Street Journal recently ran a story about how the EPA has decided that milk, because it contains 4% butterfat, should be regulated under the same environmental control standards as petroleum. Consequently, dairy farmers will have to file Federally approve emergency plans on how to deal with “oil spills” and such. Large dairies (some dairies in California milk 10,000 or more cows at a time) will probably be able to comply. Small dairies (goat and sheep milk farms, Vermont dairy producers etc. ) are just out of luck. I happen to know something about the dairy industry – it’s a highly politicized, highly subsidized industry that operates on very thin margins. I’m sure that they will come to an accommodation with the EPA and Federal Government…at a very steep price, politically and $-wise!

2) As it becomes increasingly clear the degree to which Obama Care really is a pig-in-a-poke, there is frantic activity to opt out of it. The numbers of entities that have received waivers from ObamaCare (other than Congress) magically rose from about 200 to 700+ immediately after the SOTU speech. Those entities are large companies and unions on the inside track. The way you get a waiver is to have a lobbyist obtain it on your behalf. Money exchanges hands. Large companies can afford this, small companies…out of luck! If ObamaCare is so great, why the rush by Congress, favored businesses and union to obtain waivers?

Increased regulation is inversely proportional to lobbying activity. The less regulation there is, the less the need to influence government. The more regulation, the more the need to petition the royal aristocracy at a heavy price.
Years ago, I wrote an essay titled "Let's Hear It For Corruption!" Corruption is valuable because it shows where government has assumed too much power. Where you see corruption, that's a sign that there you need to roll back government power and turn things back to the private sector.

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