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    « The rich are getting poorer | Main | Mark Calabria on Obama's Mortgage Plan »
    Wednesday
    Oct262011

    Morning Joe 10/26/2011 -- the middling ideology of no ideology

    On Morning Joe today the crew started out with some giggles directed at Herman Cain, then they discussed the growing wealth disparity between the top 1% and those not in the top 1%, then Scarborough discussed how ideology won't fix our problems, although ideologically he's for cutting taxes and eliminating regulations. Scarborough said that neither the Democrat's stimulus schemes nor the Republican's tax cutting schemes will do the job, so what is the answer? Scarborough and crew didn't really say, except that we need to work toward rebuilding our manufacturing base. Oh, well, that doesn't beg any questions, does it?

    On the first part of the show today the guests were Howard Dean, Pat Toomey, Christine Hefner, Mark Halperin and Arne Duncan. Howard Dean was his usual hackish self, praising Obama for getting out on the road fighting for jobs. Arne Duncan promises that more spending and central mangement will reform education and Mika and Scarborough argued over who's really attacking or not attacking Wall Street -- Mika said Obama has fought against Wall Street, and Scarborough scolded her for being so partisan, saying that Obama is owned by Wall Street. The implication is that Wall Street is the problem, and all we need are government officials who will fight against Wall Street.

    Pat Toomey said that the tax code needs to be reformed, and regulations need to be reformed, so that the cost of doing business is lowered and therefore people will have more money to buy the things they want, and, thus, businesses will expand. Scarborough said he agrees ideologically with Toomey, but...but, Ideology is not enough -- we need to do something non-ideological, something practical that works, like...like...uh...rebuild the manufacturing base. So what does this mean? Should government rebuild the manufacturing base? What will create the environment in which America can compete in manufacturing with China and Korea and Singapore in the global market? Scarborough and gang didn't have any answers, but ideology is not the answer, of course.

    Then there were more giggles regarding Herman Cain, and the Morning Joe crew shook their collective heads over the sad state of the Republican Party and how they say radical things which turn off independents and moderate Republicans. Obama's approval numbers have gone from 42% to 46%, and Herman Cain is leading Romney in the poll they showed. This is outrageous, they all agreed, and it's happening because Republicans are ideologically stubborn, while Obama is going out and doing all the small stuff to win re-election. I suppose the Morning Joe crew is saying Obama is not ideologically stubborn. Hmmm. Scarborough said that what Obama is doing is politically smart, even if it might not be good for the country. Might not be?

    What Obama, the Democrats and Big Government Republicans are doing is criminal, and it didn't start with Obama. Morning Joe made the same point about the problem building for decades, but they blamed Wall Street for influencing government. Yes, there are those on Wall Street who've been co-opted by government, and government has enriched these relatively few power players, but the State is the 1%, and these few on Wall Street owned by the government are simply part of the State. This is where the analyses on Morning Joe go awry. Government is the 1% and Wall Street cronies, just like Big Labor, are part of the State machine, and our inteventionist government is the muscle supporting the power elite of the State. It's all one gang and one power structure, and this is why government doesn't "fight" the made-up boogey-man "Wall Street". What the State is doing is killing small and medium sized businesses -- the State is killing free enterprise. But this can't go on much longer.

    State power players have always believed they can control the game and protect power, because they are smarter than the rest of us -- economic laws don't apply to them -- they can manage the entire country and international relationships, and they will throw enough scraps to the American people to keep them docile. Well, so many special interests have taken, been paid off, through an interventionist government to enhance State power it has killed business in America -- the goose is not laying golden eggs, and golden eggs we had are gone, or they are in a vault overseas. America is on the brink of financial collapse. State power players are not immune to economic laws and human nature. This type of hubris has brought down empire after empire throughout history, and America is no exception.

    No, Brother Joe, ideology is important, and the principles of limited government and a free market are real, not just theoretical talking points on which to run campaigns. Scarborough's political instincts have misled him, and his deification of political pragmatism in the status quo middle have blinded him, and all those like in the political class -- the truth is that one set of ideas is better than the other set of ideas. The set of ideas, which haven't been put into practice, that limited government and free market principles are our path to growth and widespread prosperity, is not just a theory, they're a reality.