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Family and Friends is my everyday journal. Captain's Log is where I pontificate on religion and politics.

Saturday, September 01, 2012

Comment thought

From my friend in Oklahoma who works in the oil industry, his comment on the Cross of Gold Speaches:
I'm pretty conservative in a lot of things and really into free markets and call myself a Republican but I really don't recognize them anymore. They seem to be living in a fantasyland these days. The moderates and Democrats seem to be totally bumfoozled by the whole thing and totally don't seem to know how to respond.

Listen my children and you will get a history lesson:
The United States has never been a free market economy!
The first thing Congress did at the urging of then Secretary of the Treasury Alexander Hamilton after the constitution was ratified and the government in place was to pass a tarrif on foreign goods. So much for a free market.
Slavery was the smokescreen for the Civil War. The first call for secession in the South was the Tarrif of Abomination when Andrew Jackson was president. Northern industries liked their unfree market place and didn't care that the exporting South was retaliated against by the countries the tarrif harmed.
A major contributing factor for the world wide Great Depression was tarrif's passed under the Cooledge administration.
What was one of the first acts of President George W. Bush? He passed a tarrif on steel from China.
If you really want a free market our government would have to:
suspend all farm subsidies. Every small farmer who receives a subsidy check should thank the Democrats.
suspend all corporate subsidies and tax credits
Face it corporations are buying the best government money can buy so they can still get their corporate welfare and have no regulations limiting their ability to slash salaries and benefits, increase hours for workers, gouge the public, and steal from the public coffers.