Obama Goes Conservative

President_Barack_Obama

President Barak Obama

Right wing conservatives are all opinion and absolutely nothing else. Nothing is accomplished through government without coercion. So that is not true you say? To you, Common Sense Economics says name one example in the past 50,000 years.

Common Sense Economics is constantly looking for conservative acts by politicians. Rhetoric and opinions don’t count.

During the fall election a handful of potentially conservative Republicans were elected to congress. Republicans hurried to pass important liberal legislation before the new bodies might interrupt their plans after the first of the year.

Please understand, the President is not a conservative. Still, he is the only American politician to try and implement any conservative initiatives. This month there have been three.

Here they are the initiatives

Civil forfeitures: Through the Attorney General, the president is attempting to end the practice of civil forfeitures. Government’s taking assets from citizens without a trial is a huge infringement on constitutional rights.

Cuba: The fastest way to free the Cuban people is to introduce trading opportunities. Free trade always empowers people over a government. Sanctions never work.

Tax the rich: Who should pay the highest taxes? Common Sense Economics knows it should be the group that lobbies for expensive self serving legislation, rigs markets and in general causes government to grow in size.

In addition to raising revenue, incentives and disincentives change every time tax laws change. Government will continue to grow in size until it is too expensive for the rich to use it as a tool.

Tax the rich enough and they will lobby for less government instead.

Using government to exploit an unwitting population is very damaging and will eventually cause the demise of the country.

Don’t misunderstand. The president is a sociopath and his doing conservative things has nothing to do with beliefs. Right now he can get some support by doing some conservative things. Though these things are conservative, none of them that offensive to his liberal supporters. Even if it is for political; expediency, the right thing is the right thing.

Special thanks to the first lady for not covering her head in Saudi Arabia.

The Grazin’ is Good. They love this one in the Ukraine. It is a great Curbside Jimmy tune,

 

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About Fantasy Free Economics

James Quillian independent scholar,free market economist,and teacher of natural law. Who is James Quillian? Certainly I am nobody special, Just a tireless academic and deep thinker. Besides that, I have broken the code with respect to economics and political science. Credentials? Nothing you would be impressed with. I am not a household name. It is hard to become famous writing that virtually no one in the country is genuinely not in touch with reality. But, if I did not do that, there would be no point in my broking the broken the code. If you read the blog, it is easy to see that there are just a few charts, no math and no quantitative analysis. That is not by accident. Given what I know, those items are completely useless. I do turn out to be highly adept at applying natural law. Natural law has predominance over any principles the social science comes up. By virtue of understanding natural law, I can debunk, in just a few sentences , any theory that calls for intervention by a government. My taking the time to understand the ins and outs of Keynes General Theory is about like expecting a chemistry student to completely grasp all that the alchemists of the middle ages thought they understood in efforts to turn base metals into goal. Keynesian theory clearly calls for complete objectivity. Government can only make political decisions. Keynesian techniques call for economic decisions. So, why go any further with that? Fantasy Free Economics is in a sense a lot like technical analysis. Technical analysis began with the premise that it was impossible to gain enough information studying fundamentals to gain a trading advantage. Study the behavior of investors instead. Unlike technical analysis, I don't use technical charts. What I understand are the incentives of different people and entities active in the economics arena. For example, there is no such thing as an incentive to serve with life in the aggregate. In the aggregate, only self interest applies. It is routinely assumed otherwise. That is highly unappealing. But, I am sorry. That is the way it is. I can accept that because I am genuinely in touch with reality. Step one in using Fantasy Free Economics is for me to understand just how little I really know. A highly credentialed economist may know 100 times what I do based on the standard dogma. Compare the knowledge each of us has compared to all there is to know and we both look like we know nothing at all. There is always more than we don't know than what we do know. I am humble enough to present myself on that basis. Why? That is the way it is. I am not bad at math. I have taught math. What I understand is when to use it and when to rely on something else. Math is useless in natural law so I don't use it. While others look at numbers, I am busy understanding the forces in nature that makes their numbers what they are. That gives me a clear advantage.

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