Townhall.com, Where Your Opinion Counts
Talk Radio:   Bill Bennett   Mike Gallagher   Dennis Prager   Michael Medved   Hugh Hewitt   
BREAKING NEWS  LeftArrow - Townhall.com : Conservative, Political, Republican   RightArrow - Townhall.com : Conservative, Political, Republican  
Columns, funnies & more in your inbox!
  • Check the boxes and send us your email address to receveive your free newsletter
  • Your daily must-read of conservative columns, cartoons and news. Coulter, Sowell, Krauthammer and more.
  • Townhall.com’s weekly inside scoop on what’s happening behind the scenes in the world of politics. When news breaks, we report.
  • Signup to receive the latest daily Townhall cartoons
Wednesday, March 05, 2008
John Stossel :: Townhall.com Columnist
Influence-Peddling
by John Stossel
Vote on It:
Average Vote:
[+] Text [-]
 
Poll
Will the Dems' health care Christmas Present to America be an improvement or detriment to our health care system?


The root is government power. When government is free to meddle in every corner of our lives and regulate the economy through taxes, regulation and subsidies, then "special interests" have every incentive to work on the politicians to preserve their turf or gain an advantage.

A tax, regulation or subsidy can make the difference between an industry's success and failure. If the government were not giving preferential tax treatment to ethanol, the corn farmers and ethanol processors would have to find something else to do because their product can't compete against regular gasoline on a level playing field.

In a real free market, a company succeeds only by making things consumers want to buy and keeping costs low enough that the market price yields a profit. Sadly, in our mixed economy, success can be achieved another way: by lobbying the government for advantages over one's competitors. The prospect of favorable government intervention creates incentives for producers and their lobbyists to strive to satisfy legislators and bureaucrats instead of consumers. The resulting competition for privileges sets the stage for the improper relationships that reformers fret about.

The irony is that the "good government" types favor big government, so they undermine their own efforts to eliminate corruption.

It is naive to think that government can hold the power to grant privileges without also setting off a mad scramble by special interests to get a piece of it. All the good-government legislation in the world cannot prevent unsavory dealings between the wielders of power and those who seek to profit by it. To think otherwise is to ignore human nature.

There is one way to rid the political system of this sort of corruption: severely restrict government power as the founders intended. Only when we eliminate the state's ability to meddle in business will business will stop meddling in government.

A genuine free market, unburdened by government interference, is the route to cleaner politics.

1 2
| Full Article & Comments | < Previous
Share:
Vote on It:
Average Vote:
 
About The Author
John Stossel blogs at http://blogs.abcnews.com/johnstossel/ is an award-winning news correspondent and author of Myths, Lies, and Downright Stupidity: Get Out the Shovel--Why Everything You Know is Wrong.
 
TOWNHALL DAILY: Be the first to read John Stossel's column. Sign up today and receive Townhall.com daily lineup delivered each morning to your inbox.
 
©Creators Syndicate
Keep it up, John.
Don't get discouraged.

Stossel gets and A+ from James Madison
Here a quote from James Madison: "I own myself the friend to a very free system of commerce, and hold it as a truth, that commercial shackles are generally unjust, oppresive and impolitic - it is also a truth, that if industry and labor are left to take their own course, they will generally be directed to those objects which are the most productive, and this in a more certain and direct manner than the wisdom of the most enlightened legislature could point out". Part of a speech to he Congress, 9 April 1789. Yes, Ron Paul, demeanded to the lowest level by so self-labeld Conservatives! Yet, that is all he has spoken about. Oh yes, the Republicans constantly calling the Democrats liberals. Most certainly reveling nothing but ignorance. Howeve, well said by Stossel, there is now way that America can even change anymore. Now George W. offering handouts to save the economy, that this very Federal Government is destroying even more with this Socialims/Communism. Yes, now Imperialism, with borders open with up to 40 million of illegals. Yes, in all previous Empires, Socialism/Communism was always the forerunner of Imperialism, with different shades. Yes, in all those Empires borders meant nothing and immigration the same, in a much as all people under their control one way or another became defacto citizens. If my information is correct Margaret Thatcher stopped that in Britain during here reign. George W. as an Imperialist he is has no interest to fix borders, etc. Neither does McCain should he become president. Yes, while all the while America's guns roar in may parts of the world to do what? Conquer more territory, for the sake of oil. God have mercy upon America, is my prayer?
Sign Up to Post Your CommentsSign Up to Post Your Comments
If you are already registered, click here to login. Otherwise, please take a few seconds to register with Townhall.com. Once you sign up, you’ll be able to post your comments immediately, use the action center, get podcasts, and more!
Note: Fields marked with a red asterisk (*) are required.
Salutation:
First Name:
*
Last Name:
*
Email:
*
Nickname:
*
Note: Nick name will be shown when you post comments.
Address 1:
*
Address 2:
City:
*
State:
*
Zip:
*
Phone:
      
Your daily must-read of conservative columns, cartoons and news. Coulter, Sowell, Krauthammer and more.
(Bi-Weekly) We highlight the best opportunities from our partners for surveys, action items and more.