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February 2012
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Scott Brown, Big Government Republicans, third parties and “winning”

Scott Brown is a great example of the lunacy of our two party system.
Brown is the newest GOP hero for winning Ted Kennedy’s senate seat. He was nigh on canonized by Republicans for his victory.
Those of us when some sense of perspective realized Brown was a major player in the socialization of Massachusetts health care and did not join in on the canonization.
As a U.S. Senator, he voted for Obama’s Keynesian “jobs bill.” As of tonight, he has now voted against the “Audit the Fed” bill. You are what your record says you are.
The newest GOP poster boy has demonstrated that he is just another Big Government Republican Statist. He fits right in with the last GOP nominee for President, John McCain. He fits right in with the last GOP governor of Colorado, Ref C cheerleader Bill Owens.
I know, I know, my Republican friends will retort, “but Brown is so much better than any Democrat!”
So?
Driving into a tree at 90 miles per hour is better than running into a tree at 100 miles per hour. The result is the same. There certainly is no sense in cheering the 90 mph collision. There is less sense in hoping for it. There is even less sense in actively praising it.
Our two party duopoly makes otherwise intelligent small-government minded people praise the likes of Scott Brown. It is an absurdity.
My good GOP friends will say that Libertarians have no chance of winning, so they must vote for Republicans, regardless of how statist the Republican is. This is an interesting play on words. Their definition of “winning” includes “losing.” For example, Republicans could have “won” the election if McCain defeated Obama. Of course, this “victory” would have been a huge defeat for freedom.
Hence, some Republicans define “winning” to include “losing.” It’s a neat trick.
Regarding the compulsive desire for Republicans to “win,” Michael Bednarik had a great analogy. He said:
If you were in prison and faced a 50% chance of death by lethal injection, a 45% chance of the electric chair, and a 5% chance of escape, would you vote for lethal injection because it meant you where more likely to win?

Winning an election means nothing if it includes losing your principles. Now, I know lots of principled Republicans, including my dad. They exist in no small number. But that number is insufficient to actually elect a significant number of small government candidates under the GOP banner. The GOP is what its record says it is.
A third way, however, is not impossible. Notwithstanding significant differences in the voting system, the recent UK elections have demonstrated it.
While I have no praise for the policies of the United Kingdom’s Liberal Democrats, I have tremendous praise for their success as a third party in their most recent national election.
Nick Clegg, the LibDems’ leader, did not work within the Labour Party to make change. His principles did not allow it. For that, I admire him and all those Britons that voted for the third party. To quote El Presidente, “supporting party before principle does a disservice to both.”

The Fed as Officer Barbrady: “Nothing to see here. Move along.”

The Wall Street Journal ran an op-ed yesterday against the “Audit the Fed” bill pending in Congress. Anil Kashyap and Frederic Mishkin contend that “The Fed is Already Transparent.”

Their imperial smugness and condescension to us mere subjects is palpable.
This passage speaks volumes:
What’s more, it is highly doubtful that the GAO has the technical competence to evaluate monetary policy. If it did try to conduct these audits, at best it would merely rehash known information. At worst, the GAO would generate confusion by offering its own analysis.

In other words, you serfs need not concern yourselves with what is going on behind the curtain. You are too dumb to understand. Monetary policy is best left to your betters.
Kashyap and Mishkin, of course, are your betters.
Trust them.

From our friends at Downsize DC

D o w n s i z e r – D i s p a t c h



Share this message with friends: http://www.downsizedc.org/blog/another-success-milestone-for-audit-the-fed

Quote of the Day: “Economists used to worry about government using up the nation’s savings. But now Americans have no more savings to use. Still, the nation that can’t save a dime sets out to save the entire planet.” — Bill Bonner and Addison Wiggin, Empire of Debt, pg 35.

Subject: Another success milestone for Audit the Fed

DC Downsizers have joined with many thousands of Americans to ask members of Congress to co-sponsor Ron Paul’s Audit the Fed bill. Your pressure worked! The legislation now has 27 co-sponsors in the Senate and 290 in the House (that’s 2/3rds of the House!).

That should have been enough to spark committee hearings, and perhaps even an expedited vote, but Congressional leaders didn’t want either thing to happen, so . . .

In early August we asked DC Downsizers to call the House Finance Committee Chair, Barney Frank (D-MA), and its Ranking Member, Spencer Bachus (R-AL) to ask for hearings on the Audit the Fed bill. Many of you did that, and guess what?

The House Finance Committee will hold hearings on the Audit the Fed bill this Friday at 9AM. You’ll be able to monitor the proceedings here.

Once we know what happens at these hearings we can decide what to do next. Meanwhile . . .

President Obama is seeking expanded regulatory power for the Fed.

This must not be permitted.

It’s bad enough when Congress allows the Executive Branch bureaucracy to write regulations that have the force of law, but at least we can hold both the President and the Congress accountable for what the bureaucracy does. However . . .

The Fed is an independent institution accountable to no one. In fact, without an audit, we’re not even allowed to know what the Fed is doing with many of the powers and resources it already has.

* Let’s use our “Tell Congress to Cut Red Tape” campaign to fight expanded regulatory powers for the Fed.
* Send a letter to Congress using DownsizeDC.org’s Educate the Powerful System.
* Use your personal comments to say you oppose President Obama’s plan to give the Federal Reserve expanded regulatory powers.
* You can send your letter here.

Congratulations. Your pressure keeps working, so keep doing it!

Thanks for being a part of the growing Downsize DC Army. To see how fast your Army is growing please check out the Keeping Score report below my signature.

Jim Babka, President
DownsizeDC.org, Inc.

KEEPING SCORE REPORT

Your Downsize DC Army grew by 32 net new members yesterday. This brings our total growth for the year to 3,883. The Downsize DC Army now stands at 28,229, nearly 23% of the way between 28,000 and 29,000.

YOU can make the army KEEP GROWING by following our quick and easy instructions for personalized recruiting.

We can also grow faster by spreading the word through the media. Please help us do this by starting a monthly credit card pledge — it can be as low as $5 a month (which is just 17 cents per day). You can start your pledge using our secure online contribution form.

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