Wednesday, March 24, 2010

Healthcare Bill PASSED!

I wish they would have passed on this bill but you could obviously tell that Kucinich, Stupak, and Boccieri were coerced into voting yes. I would like to think that the bill will be sent to the Supreme Court because of the insurance coverage mandates to the populace. Hopefully the court will rule that the mandate is unconstitutional. We shall see? I read quite a few blogs and many are in favor of health care for all. In my unscientific approach it seems to be roughly 7 against and 3 for the health care bill. Eventually a "single payer" system will evolve if we continue down this path. I'm not so optimistic and really only expect more waste and empty promises. I personally believe in eating whole, natural, raw foods and exercise. Listen to the health ranger.

Thursday, March 18, 2010

Constitution of Liberty and FA Hayek

As the economy and liberty go down the slope more people will espouse the teachings of the Austrian School of Economics. An amazingly ignorant posting that essentially demonstrates a lack of understanding of the Austrian position and Hayek in particular.
First. Libertarian ideas draw a clear line between free markets and crony capitalism which is essentially corporativism posing as a free market. Crony capitalism is what is going on in the US at present. You can call it by many names, socialism for the rich, or even facism.
Second. Hayek and all knew that pure free markets do not exist. That is why the Heritage foundation rates countries on a relative basis (mostly free, etc). The goal is to reduce government because government is almost always less efficient than private enterprise and because government is almost always kidnapped by special interests (In other words, socialism is nothing more than the protection of these special interests under the veneer of social benefit)
Third. The deconstruction of the state and of socialism does have short-term negative impacts / dislocations. However, it has huge long-term benefits. The socialist state has immensely negative consequences, that as Hayek correctly predicted, eventually include the loss of freedom. This is why the change must be made, it is also why the change is avoided by politicians.