Monday, November 17, 2008
This and That . . .
My sister-in-law forwarded this photo to me. It reminded me of a friend whose sister just found out she's got breast cancer. I'm joining the fight against breast cancer bandwagon. In fact, I'm up for fighting all types of cancer.
And now, before I forget, here's a link to the report created by the consultant hired to look into the costs of a County Wide Library system. I'd love to know that you think about having a county-wide system. My gut reaction is that there's no time like the present to work toward providing library coverage for every county citizen. But I haven't read the report. I don't know what tax increase would need to be made to fund a county-wide system. Give me a week to read the report and do a little thinking before you hold me to my opnion. :)
Finally, let's not forget that is Money Management Monday. USU economics professor, Tyle Bowles, wrote a letter to the editor that appeared in Thursday's edition of the Herald Journal. I think it is great food for thought, and I'm reprinting it here. Let me know what you think.
Bailout Gets More Disturbing
To the editor:
In this paper (Oct. 31) and in a series of radio interviews, I spoke out against the $700 billion government response to the nation's financial problems. My opposition was based on the economic merits, or lack thereof, of the specific legislation. As it turns out, I did not fully appreciate the most negative aspect of this legislation. This grandiose extension in the role of government has resulted in a substantial movement of the line in the sand that separates resonable from unconscionable proposals for government intervention into the economy.
Now, U.S. auto companies are asking for a $50 billion handout. (This is in addition to the $25 billion already promised.) They are not even going through the fiction of making the arguement that their failure would constitute a systemic failure. Rather, the auto companies are being slightly more honest than were the financial firms. They acknowledge that government money would be used to fund, among other things, the health costs and pension benefits of members of the United Auto Workers Union (UAW). And here is the rub: this proposal has immediate and considerable political suport, and few are pointing out the immoral nature of this proposal.
Democratic government derives its strength from its moral legitmacy. When the primary function of government becomes thinly veiled policies that take from the politically unpowerful (and who could be less politically powerful than unborn future voters) and give to the politically powerful (e.g., UAW, teacher's unions, the ethanol lobby, Fannie Mae, etc.) it loses that legitimacy. The effect on society is corrosive and dangerous.
Although our democracy has been gradually sliding toward this corrosive state for a generation, the recent dramatic increase in the pace is remarkable and deeply disturbing.
Tyler Bowles, Weston, Idaho
at 2:15 PM