Thursday, January 12, 2012

Why I Hate Politics

 (AP/CBS News) WASHINGTON -- First lady Michelle Obama is challenging assertions she's forcefully imposed her will on White House aides, saying she's tired of people portraying her as "some kind of angry black woman," adding with a dagger-sharp glance at the unfortunate reporter, “and I’m going to start kicking some honky ass if it doesn’t stop.”
GOP Contest Suffers from Leftist Rhetoric Infestation

In other news, Mitt Romney is taking heat for his predatory capitalism, being called a “Vulture Capitalist,” not by poop-throwing OWS monkeys, but by big statist Newt Gingrich and inarticulate Texas Governor Rick Perry.

It’s helpful to remember that Bain didn’t swoop down in their flying Greedmobile and gobble up these companies. When a company or an investor group is in trouble (and everyone's job is in peril) they often turn to a capital group like Bain as their last chance. Sometimes they can save the patient, sometimes they can’t. Sometimes it takes an amputation. Bain’s job is to look out for the investors that hire them, not unfortunately, for the poor schlubs who have the misfortune of being deck hands on a sinking ship.

Capitalists do not enter the market to “create jobs” or destroy jobs. That doesn’t put food on the table; making money does, and that is the goal of a capitalist, or a cab driver for that matter. Asking why Mitt threw all those people out of work? You may as well ask why cab drivers don’t give rides to freeloaders, why restaurants insist on charging for their meals, and why retail stores don’t give away free stuff. Why don’t you work for free?
Yes, it's true that unlike some Republicans, Democrats don't "enjoy firing people." They enjoy "investing" your money in exploding electric vehicles, bullet trains and other highly unprofitable but morally satisfying economic misadventures. Venture socialism is certainly empathetic. (David Harsanyi)
Unlike Mitt, Obama’s Job Destruction has Cost us Hundreds of Billions

Romney beats Obama because Romney’s Bain actions didn’t cost taxpayers any money. Obama’s “job creation” programs have cost us hundreds of billions, and his job destruction programs even more, ending in solar panel company scandals, green battery factories closing down, and government-funded car fires.

The alternative to Schumpeter’s creative destruction is malaise-filled stagnation, where a society of government-protected betamax and rotary phone manufacturers goes down the economic tubes.

Finally, to wrap it all up and put it in Election 2012 perspective, I ask you this question: Which is worse, a candidate saying “I like to fire people who give me bad service!” while empowering ordinary Americans to choose their own health care, or a sitting Vice President declaring The Taliban is not our enemy?

Jim Manzi has a cogent summation in his National Review Article, Romney and Bain.