The OWS crowd is really ticked off about education and student debt. So am I. Why the heck do we have so many subsidies for education? It simply drives up the cost. Education is one gigantic bloated bureaucracy. However, the OWS answer is “free education and forgiveness of student loans.” Well, screw that.
The knee jerk reaction is that if I don’t concur with Occupy Wall Street and their assault on capitalism, that I must be a greedy capitalist and think the bankers are great guys that should be left alone.
When Gutenberg passed away, I don’t think the people of the middle ages stood around and moaned “Who’s next?”. They kept innovating and perfecting. One idea led to another and the printing press gave way to the modern computer desktop publishing system and this blog.
The iconic mental image people have is a cowboy entrepreneur striking out and taking on the big bad world on their own. But, those cowboys still need someone to support them. Even in old westerns, lonesome cowpokes had someone they could lean on. It's never been the government.
China is manipulating the value of its currency. No doubt, it’s artificially low. Lower value makes Chinese goods cheaper than they would otherwise be. It also makes our goods more expensive to buy within China. The US can’t control that. By trying to, we will touch off a trade war at the very worst time. Currency manipulation might work for short periods of time, but it’s not a policy for long term growth.
As IBD points out, Eric Holder, that paragon of Gun Runner ethics, is blocking Freedom of Information Act requests into Kagan’s activity while she worked for the Obama White House. If Kagan rules on this case, it’s a travesty of justice and it might even be an impeachable offense. Lawyers-sharpen your pencils.
Ah yes, the Obama campaign team is hard at work. Occupy Wall Street would like a totalitarian government and an Obama reelection or retention by other means. That fits nicely with the Roseanne Barr statement about guillotines and re-education camps. This must be the new tone.
We cannot put up a fence and solve our problems. We can’t put more patrols and solve our problems. Illegal immigration is an economic problem, not a law and order one. We solve for the economics, and the law and order will take care of itself.
Changing policy and programs will change the economics. Government spending will go down, and production will go up. America is so innovative, that we will make up the gap in our lifetimes. The road map to change is simple. All we have to do is have the will to do it. Otherwise, debt will overwhelm us and we will be doomed.