10-26-2012: Competition Works

Posted: October 26, 2012 in Conservative Policy Neighborhood
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Barack Hussein Obama and most others in his forlorn, feckless Administration, wandering aimlessly through the dark emptiness of their use challenged minds, continually parrot, falsely, as instructed by their irresponsibly mistaken NWO study group mentors that free markets have never worked.  Not sure how Barack, hatched somewhere in 1961 knows that since we haven’t seen free markets or capitalism in the United States since 1913, but hey, he spouts lots of other nonsense as well?

Does this conditioned academic blindness even begin to explain how the people of the United States became the wealthiest, most creative, most industrious, most powerful, most generous people on earth in less than 200 years?  Socialist Europe, downtrodden Africa, the despotic Far East and the tyrannical Middle East, after a head start of centuries cannot imagine duplicating the reality of the American Dream.

The simple secret of the liberating American Dream is COMPETITION, orchestrated within the protective cocoon of a Constitutional Republic.  It isn’t perfect, but it rises far above any socioeconomic system ever attempted anywhere through the course of human history.  Its successful track record in lifting the poor out of poverty is not arguable.

Historically confused socialists would have us believe the reason foreign nationals have for more than 200 years of American existence, emigrated to America is because everyone on earth understands as American Progressives do, that free market capitalism does not and has never worked.  This ostensibly motivates immigrants to courageously uproot their families and everything they have known, in order that they too can experience the horrid financial hopelessness of free markets in America.  I don’t know how ignorant a person must be to swallow this Progressive hook, but the bar seems set pretty low and the appetite for envious delusion and historic contradiction, enormous.

To the extent that Americans have listened and unfortunately, acted on delusional Progressive nonsense by faithfully imitating endemic European failure; America has steadily declined economically, until now America’s historic ability to lift the poor out of poverty and provide upward mobility for anyone willing to work for it is practically nil.  Increasingly, hard working Americans are being financially suffocated by government imposed, uniformly distributed poverty as a futile means of providing so-called social justice.  These historically proven, brutally failed fascist/socialist policies are an insulting disgrace and a hard slap in the face to any rational person who believes in freedom.  Fascism is failing in America, not capitalism.  No American alive today has ever lived under capitalism, but most of us are too history challenged to comprehend that.

What if the deluded, special interest beholden Representatives we have erroneously been electing to legislate in Washington D.C., supposedly on our behalf, were per their oath of office, to actually apply the capitalist free market principles of our Founding to a few of our more obvious economic woes?  What might the incredible future bring?

As a couple of specific examples:

Let’s look at Obamacare with its unconstitutional, 15 member, unelected rationing board; more than 150 new government agencies; 16,000 new IRS enforcers with legislated access to our private bank accounts; and 100’s of billions of dollars in hidden costs.

As an alternative, one facet of policy might be to foist raw, unfettered competition upon today’s monopolistic health care insurance providers with one single piece of Federal legislation as follows:  “Health care insurance is interstate commerce.”  This single sentence passed by both the House and Senate, signed by our President would destroy the government created, legislatively protected, intrastate insurance monopolies currently in place.  Any U.S. citizen would suddenly be able to purchase health insurance from any provider in any State.  This one sentence would cost the American tax payer nothing and would not risk  strangulating our health care industry with the ligature of big government bureaucracy.  Over-night, it would become in the best interest of health care insurance providers to immediately scramble , providing customers with the absolute best, lowest cost, most convenient coverage.  Competition, not corrupt regulation is the best and most transparent cure for health care availability and cost.

Let’s take a look at oil / energy monopolies.

A bold U.S. domestic policy unleashing the development of our own North American coal, oil, natural gas, hydro-electric and  nuclear energy sources, while simultaneously encouraging the development of economically feasible alternative sources would dramatically impact world oil prices.  According to data compiled by the U.S. Energy Information Administration (EIA):

“In 2011, about 45% of the petroleum consumed by the United States was imported from foreign countries.1 This was the lowest level since 1995.

Petroleum includes crude oil and petroleum products.  Petroleum products include gasoline, diesel fuel, heating oil, jet fuel, chemical feedstocks, asphalt, biofuels (ethanol and biodiesel), and other products.  In 2011, about 60% of the crude oil processed in U.S. refineries was imported.” 

Imports in both the U.S. and Europe are down, of course, because our economies are in shambles and demand is down.  Prices, however, are not down because overall global demand (read China & India) is up and the U.S. dollar is being devalued and manipulated (read sterilized in banker lingo) by our own Federal Reserve Bank.  Additionally, the Obama drilling moratorium and cut back on public land oil leases have reduced public land oil output by 50% since Obama was elected and have forced producers onto more expensive private land using more expensive fracturing techniques to recover the more expensive oil.  This policy direction is insane by any rational standard.

Again, per EIA, of total U.S. imported oil, 40% comes from OPEC countries and 16% from Persian Gulf countries.  This establishes the United States as a major consumer of imported oil regardless of international source.  If U.S. oil imports fall to zero or even if they threaten to fall to zero, world oil prices will be driven lower due to increasing supply.  OPEC, Venezuela and others will be forced into a more competitive market and not one person will have to die to accomplish it.  This will not only be advantageous to Americans, but also to our friends in Europe and across the globe.

As a side note, the U.S. currently purchases about 24% of its oil from our friends in Canada to the North and about 11% from our friends in Mexico to the South.  These North American imports can be increased, providing sovereign benefits to the entire North American continent – all without Elite Globalist influence, Middle East War or the silly Globalist idea for a socialist, totalitarian North American Union.  The Keystone Pipeline would enable this business and benefit folks in both countries, not just Obama’s insider monopoly buddy, Warren Buffett and his Burlington Northern Santa Fe (BNSF) railroad.

In the less specific case, our 150,000 or so pages of small business crushing, regulatory nightmare working in tandem with 75,000 pages of obscene, insider written tax code are used to create, foster and protect enormous monopolies in key industries such as banking, energy, farming, insurance, etc.  I’m sorry, but this is unconstitutional, un-American and ridiculous in the extreme.  Big government does not build – it binds.  Big fascist government married to big business monopoly no longer binds, it crushes and enslaves.

Free market capitalism is, by its very nature, always chosen and enacted by free people.  Socialism and its twisted sister fascism are always imposed, either through force as in Russia, China and Cuba or by propagandized deceit as throughout Europe, South America and now the U.S.  To the degree this enslaving ideology is imposed, the hapless victims are less free or may become totally enslaved without any choice remaining.

By far and away, the greediest, most controlling, most destructive of all these many, big government sanctioned monopolies is world central banking.  World central banks are created by out of control governments that they (central banks) themselves sponsor through propaganda and ignorance, with such governments then relinquishing all oversight and transparency to the families who own these central banks.

Central banks are a good and beneficial idea when they function as banks and nothing more.  When the money supply of nations is turned over to families owning the fifty three or so primary world central banks (maybe 173 or so total);  virtual control of all up and down business cycles is now fully within their singular coordinated control and is fully subject to their own disciplined or undisciplined interbred family greed.  Quite literally, the destiny of the world socioeconomic system is determined by a small group holding ownership control in the Bank of International Settlements (BIS) in Basel, Switzerland, its private club, the Financial Stability Board (FSB), which all G20 countries are signatory to and several other little sovereignty eating clubs we won’t bother with today.

The World Bank, International Monetary Fund and all BIS sanctioned central banks including our own privately owned Federal Reserve Banks are directed through the BIS, with absolutely zero legislative oversight by any government.  The owners of these banks stand above law;  above taxation;  above competition; and above any possibility of audit by anyone.  As an example, Swiss government officials must obtain permission to even be allowed entry to the BIS offices in Basel.  World central banking in its current form is a disgrace to civilization;  the cause of most wars, a promulgator of feast or famine and is the sole source of economic power in financing agricultural, industrial and military might.  Present day world central banking and individual freedom are directly intertwined in a desperately adversarial grip.

We no longer have free market capitalism in America.  We have instead, a hybrid system of socialist/fascist, government sponsored, government protected monopoly in all our major industries.  Competition is squelched through unconstitutional,  insider written tax code and discriminatory regulation designed to protect the monopolies, while controlling and fleecing we the people – all clothed in euphemistic deceitful language that the uninformed swallow hook, line and sinker.

We should not be deceived.  Competition works.  History proves it.  Socialism fails.  History proves that too.  Please consider these simple facts when voting for Establishment Right or Marxist Left political candidates, none of whom accept their limited power under our Constitutional Republic nor hold any respect for our individual liberties and right to live our own lives, unfettered by Globalist self deception and irresponsible ambition.

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