Thursday, October 22, 2009

You Can't Take the Sky From Me

While this may be true if you're Malcolm Reynolds, it's apparently not true here in the American reality we've elected ourselves into. Here's an interesting article on the government capping pay for bank executives who lead companies that took TARP money. This should be disturbing to everyone, even those who cheer for the rich to be humbled. Put very simply, when the government is encouraged by the masses to target and punish a minority group (and they actually do it) we are heading down the road to tyranny.

From a liberty standpoint, this move only highlights that when liberty is reduced anywhere, it is reduced everywhere. What happens to the next target of the wrath of the masses? What happens when we run out of minority targets and we start in on other groups within the majority? Eventually, my friends, they will come for you and your salary.

From an economic standpoint, this is national suicide. The problem with socialism is that you eventually run out of other people's money. We say we'll only tax the rich in order to pay for all these wonderful government handouts. How can we tax the rich when we systematically destroy their wealth? After a time, what's left to tax? Eventually my friends, they will come for you and your income.

It's staggering to me that people are actually applauding this move. They clearly can't see where this is headed. To quote Star Wars: So this is how democracy ends? With thunderous applause?

We live in interesting times.

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