Friday, March 13, 2009

The Elite Culture of American Democrats

Democrats: feeding the hungry… clothing the naked…

WSJonline – Best of the Web Today, 3/12/2009

Your Tax Dollars at Work
"More than one out of every five dollars of the $126 million Massachusetts is receiving in earmarks from a $410 billion federal spending package is going to help preserve the legacy of the Kennedys," the Associated Press reports from Boston:

The bill includes $5.8 million for the planning and design of a building to house a new Edward M. Kennedy Institute for the Senate. The funding may also help support an endowment for the institute.

The bill also includes $22 million to expand facilities at the John F. Kennedy Presidential Library & Museum and $5 million more for a new gateway to the Boston Harbor Islands on the Rose Kennedy Greenway, a park system in downtown Boston named after Kennedy's mother and built on land opened up by the Big Dig highway project.

We suppose if you can't make history, you might as well buy it with other people's money.

Wednesday, March 11, 2009

Wage Protection Will Slow Recovery

Since the federal government has decided to expropriate the future earnings of America's children to avert an economic 'catastrophe', its only fitting that these resources be used most efficiently, guaranteeing a rapid return on investment. Otherwise, what we will see is the debilitatingly prolonged recovery of the depression era.
 
Even government bureaucracies should use sound market principles and fiscal responsibility in dealing with crisis. Meaning Davis-Bacon policies should have no place in the effort to restore our country's economic stability.
 
Just as the Bush administration suspended the Act in Katrina ravished Louisiana to facilitate rapid response and recovery, so the Obama administration and Congress should do the same for the sake of our national economy.
 
In conservative circles, wage standards discriminate against poor communities and drive up unemployment in general. With unemployment climbing of its own, job protectionism and labor unions as the primary beneficiaries of stimulus contracts, will retard growth.