Better And Better

If you don't draw yours, I won't draw mine.

Monday, February 09, 2009

Socialism is coming tragically into sight.

Tamara makes a prescient comment here:
Of course the .gov thinks it's right and proper to tell you the minimum you can pay someone, so why not dictate the maximum, too? And if CEO's are limited to $500k/yr, how about CFO's? Regional marketing directors? What about customer service supervisors, server maintenance guys, and janitors? Heck, why don't they just gin up a table of the acceptable wages for every job title in the country?
As fun as it is to see the instructive lesson being demonstrated of what happens when you take Ceasar's coin, Tamara's point is disturbingly spot-on. Think of the eventual ramifications.

'Way back in 1942, Wickard first said that the Fed could tell you whether or not you could grow wheat even for your own use, because it was a fungible item, subject to control by the Interstate Commerce clause. I've already ranted on how that got extrapolated into Raitch [2005].

Between the occasional tax break given for businesses, and federally-secured college loans for company officers, I reckon that the fed could claim to have a finger in the pie of every business in the U.S., to justify its interference. Using the Raich standard, it probably doesn't even need that; it's got the Interstate Commerce Clause.

Somebody stop this train. I believe that I'd like to get off.

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4 Comments:

At Monday, February 09, 2009 5:50:00 PM, Blogger Old NFO said...

Yep, time to get off the express train to hell... I "think" I can jump and still survive :-)

 
At Tuesday, February 10, 2009 12:48:00 AM, Anonymous Anonymous said...

Off? Me too.

Take a look at: www.bloomberg.com/apps/news?pid=20601039&refer=columnist_mccaughey&sid=aLzfDxfbwhzs

The bill basically nationalizes control of our medical care- and our solons haven't even discussed those provisions.

It's all about control.

Peter

 
At Wednesday, February 11, 2009 10:46:00 AM, Blogger Farm.Dad said...

We are truly in an era of " Hope and Change " .

For myself and mine I just hope we are not affected too much by the change. We do tho approach the " interesting times " from a certain old parable .

 
At Wednesday, February 11, 2009 1:43:00 PM, Blogger GUYK said...

The public has voted for free bread and circus in exchange for their freedom. ANd this will work just fine as long as there are those who will work and give up a large portion of their earnings to provide the bread and circus...but once those working realize they can join the looters it will all come falling down.

 

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