February 03, 2011
— Ace The term "feudal" is, I am thinking, fairly commonly used in libertarian circles. I don't read libertarians very often, though, so to me the term is novel. (I hate admitting I'm way behind on knowing something I should have known long ago but that's the truth of it.)
Anyway, Reason magazine drops the f-bomb (feudal, I mean) so casually I have to think this is a common criticism. For me it's a bit of a (embarrassed to say) revelation, because I hadn't conceived of the socialist/corporatist model of Obamanomics as being, among other things, essentially feudal in nature, involving a raft of special privileges for baronial elites (and the reciprocal promise of those barons to support their liege in war).
But it's completely apt. It's spot-on.
reason: Is it politically plausible to expect Congress or the president to actually act that way and say, “Look, the bailout stops here”?Epstein: It’s very, very hard to do it, to put it mildly. But it’s going to get worse. So what you really want to do is reverse the earlier situation. You want to get Washington Mutual out from underneath Chase and have them as a separate bank with a fairly substantial size. The market depends on having a large number of intermediate-sized players. Something like BB&T bank has about $150 billion of assets. That’s plenty big to do virtually any transaction that you need, but it’s not going to create systemic risk. The real systemic risk that you create is having five major banks which amongst them have $10 trillion worth of assets floating around in their coffers.
What you want to do is to encourage new entry by smaller banks in a specialized niche, so that every time somebody gets big, fat, and happy, thereÂ’s some competitor whoÂ’s coming in there. To the extent that you make it difficult to charter new banks, youÂ’re going to only increase the dominant position of those banks that are already in effect.
You want to tell the bankruptcy courts to do their jobs, not to pull another stunt like they did with Chrysler and General Motors. If you had some degree of regularity in your political and social institutions, then the environment for private banks to operate will be a bit more wholesome, and without those perturbations the risk of failure starts to go down.
I wrote a book called Simple Rules for a Complex World. When you’re dealing in small families and intimate social arrangements, you can have a special deal for every one of your children, right? But when you’re trying to deal with a nation, the single largest mistake you can make is treating it as one large but rather dysfunctional family. You want to be able to establish ways in which people could act impersonally with strangers and very cooperatively with their intimates. So you don’t want a credit card system to essentially depend on all sorts of personal verifications—I can’t get this money out of the bank until I tell the teller what I’m going to do with it, and so forth.
Take the two markets that matter the most in many ways for long-term stability: real estate and labor. Both of them are overregulated at both the federal and the state level. Every regulation should have to be justified, because the moment it limits gains from trade you have to explain why it’s needed. But Obama’s guys treat these regulations like they’re candy going down the throat of a 2-year-old. “They just taste sweet; we’d better do more of it.” The Republicans are guilty of it in the sense that they don’t fight it very hard. And the Democrats are guilty of it because they think it’s a real panacea.
reason: In shifting from a rule by fiat, where you come and plead your case and get your special single deal, to a government of rules, you shift from a kind of feudal mentality to a republican one. What do you do to spread that and make that more persuasive to people?
Epstein: You show people that all of the ingenuity of gimmicks fails. We have more debt, more unemployment, and less happiness in this country now because hope and change turn out to be discord and confusion. And thereÂ’s no way that you can stop that. You cannot stop the blunders of one government program by putting another one on top of it.
That’s what I learned in Yale Law School. You don’t like what the minimum wage does, you create a welfare program. You don’t like what a welfare program does, you have a back-to-work program. If you just got rid of the minimum wage, you’d get rid of three programs and you’d free up lots of economies. Mies van der Rohe was essentially a political theorist when he said “less is more.”
This lens of a new feudalism gives me a new understanding of what is going on with Obama's waivers on health care for all his bestest baronial buddies and Obama's very special waiver for very, very powerful baron GE as regards global warming rules.
Reason puts the feudal system (personal favor-banking and influence peddling) as the opposite of a "republican" system, a system of laws not barons, where everyone stands equal under the law -- everyone subject to the punitive compulsions of law and no afforded special monarchial dispensation from the law.
In that context, I'm wondering at what point a system of waivers becomes actually unconstitutional -- because anyone not granted a waiver is being burdened by a restrictive and possibly punitive law that others aren't. Isn't he?
That is, there is no difference, effectively, between saying "All people are subject to 80% taxation rates, but a special category of Friends of Obama shall be waived from this general rule and only pay 35%" or directly making a law of specific persons (all conservatives) who will have to pay taxes at the 80% rate. The latter would be a clearly illegal, punitive law -- but the former would be allowed (or is being allowed now, at least) while accomplishing the exact same goal, penalizing some while privileging others.
A system of waivers from the basic law is no different than a system of legal burdens being legislated against specific named persons.
It's feudal. It's unconstitutional. It's bad law and bad policy, and it's time for the special Friends of Obama star chamber to be dismantled.
Another Example: Obama is being held in contempt by a judge for defying his ruling that the administration end the moratorium on drilling permits. They are pretending to comply by putting in place a permit process, but then, not actually granting any permits.
That's kind of feudal, the king above the judges and such. But that's not the feudal part I am thinking of.
The feudal part is the Obama Administration's report on the spill. BP caused it and almost every other oil company has been criticizing BP's unsafe practices for a long time. They seem to be a serial offender.
But BP is a major patron of Obama.
So the report blamed the entire industry, and the entire industry is being punished. Baron BP was spared. Everyone suffers for their misdeeds.
Feudalism.
Posted by: Ace at
11:03 AM
| Comments (114)
Post contains 1213 words, total size 8 kb.
Posted by: Mr Pink at February 03, 2011 11:09 AM (e+nfw)
Posted by: nickless the still-banned (99.174.64.43) at February 03, 2011 11:09 AM (qdtoY)
Yeah, but some of em look pretty good with their boobs all pushed together and up like that........
Posted by: Sponge © at February 03, 2011 11:11 AM (UK9cE)
The feudal model works. Another model is the communist states of eastern Europe which were ruled by a tiny elite which regularly exempted themselves from the burdensome regulations they placed on others.
Finally, can you imagine the hellfire and brimstone we'd be getting from the media if George W. Bush had taken donations from companies like Halliburton, then routinely provided them exemptions from laws everyone else had to obey? How is GE any different?
Posted by: Shooter McGavin at February 03, 2011 11:12 AM (kM3n4)
The full repeal isn't going to pass with Obama in the White House. That's just fact. We made our point now move on. If we push repeal for 2 years Dems will keep talking about stuff people like. (no pre-existing conditions for example).
Let's make them defend gifts for their friends at the expense of everyone else for the next 2 years.
Posted by: DrewM. at February 03, 2011 11:12 AM (HicGG)
Posted by: negentropy at February 03, 2011 11:12 AM (27KAF)
Posted by: Dennis at February 03, 2011 11:12 AM (QKKT0)
Yeah, but some of em look pretty good with their boobs all pushed together and up like that........
A shame that motorboats wouldn't be invented for another 400 years.
Posted by: Cicero at February 03, 2011 11:14 AM (QKKT0)
Posted by: Sponge © at February 03, 2011 11:14 AM (UK9cE)
Posted by: West at February 03, 2011 11:15 AM (cbBqs)
It's interesting how during the Bush years the liberals were screaming pretty loudly abou this sort of thing, the fat cat corporations in collusion with the government and getting special treatment, and yet now curiously when this kind of behavior is a magnitude worse than it ever was under Bush, they take it as the way things work.
Why is it OK to essentially be a serf under a Democratic President? Do they all think that somehow, because of their very liberalness, they have a shot at becoming one of the "royals"?
Posted by: ParanoidThursdayInSeattle at February 03, 2011 11:15 AM (RZ8pf)
Well, GE owns a media company that has been Obama's biggest water-carrier. Not that that makes it better, but it does make it worse: GE's bought favored-company status by providing propaganda value shrouding itself in the First Amendment.
Posted by: nickless the still-banned (99.174.64.43) at February 03, 2011 11:15 AM (qdtoY)
A shame that motorboats wouldn't be invented for another 400 years.
Posted by: Cicero at February 03, 2011 03:14 PM (QKKT0)
There HAD to be ye olde name for it, but my imagination is frozen........
Posted by: Sponge © at February 03, 2011 11:15 AM (UK9cE)
Currently that is a mixture:
About 50% socialism
About 30% fascism
About 10% pure communism
About 5% pure corruption in government
About 5% capitalism and that is rapidly disappearing
Posted by: Vic at February 03, 2011 11:16 AM (M9Ie6)
After that, move on to granting waivers for anyone who wants out of Social Security.
Posted by: Jimmuy at February 03, 2011 11:17 AM (8RfPc)
Posted by: Kelly at February 03, 2011 11:17 AM (e+nfw)
Someone really smart should write a document, a blueprint for governing, that recognizes that while styles and technology may change, people really don't. This document would incorporate some basic rules that restrict the government from doing the things which it always, inevitably wants to do to the ruled. We could call it a compact, or a charter, or wait, wait, a CONSTITUTION.
Posted by: pep at February 03, 2011 11:17 AM (P18+/)
Yeah, but some of em look pretty good with their boobs all pushed together and up like that........
That's because one of the few ways they could get ahead in the world would be to attract some feudal baron or earl and bear his bastard child.
Posted by: West at February 03, 2011 11:17 AM (cbBqs)
Agreed. The best way to get rid of bad laws is to enforce them vigorously.
Posted by: toby928™: Free nickless the still-banned (99.174.64.43) at February 03, 2011 11:17 AM (GTbGH)
About 30% fascism
About 10% pure communism
About 5% pure corruption in government
About 5% capitalism and that is rapidly disappearing
May I rearrange?
About 50% socialism
About 30% pure corruption in government
About 10% fascism
About 5% pure communism
About 5% capitalism and that is rapidly disappearing
Posted by: Sponge © at February 03, 2011 11:20 AM (UK9cE)
Posted by: soothsayer deeds done dirt cheap at February 03, 2011 11:20 AM (uFokq)
Posted by: ace at February 03, 2011 11:20 AM (nj1bB)
Posted by: pep at February 03, 2011 11:21 AM (P18+/)
The people who agitate for communism always envision themselves as ending up as a member of the politburo.
Posted by: negentropy at February 03, 2011 11:21 AM (27KAF)
All of which are special members of the Federal Reserve Bank. And were saved in bailouts with your money. And have cronies in the Treasury Dept, Commerce Dept and Congress.
And by saved, I mean made whole, profited and continue to profit from a collapse of their making. Its almost as if it were planned.
Posted by: Guy Fawkes at February 03, 2011 11:21 AM (xdHzq)
Yes, i am in a lousy mood.
Posted by: new jersey at February 03, 2011 11:21 AM (DHNp4)
This all stems from a different problem however.
When the Government is not held to the same laws as the people, then this is almost inevitable.
A Policeman can lie to a citizen, but a citizen cannot lie to a Policeman.
If the Government makes a mistake on your taxes, there is no penalty, but if YOU make one you can end up in Jail.
Congress constantly exempts itself from laws.
You cannot sue the Government for NOT doing its job... and cannot sue individual members of said Government, but THEY can sue you.
This started an Oligarchy made up of Government people, above the very laws they pass (I think of them as Mandarins).
Now, they have figured out that they can write Laws so that these very same Oligarchs, can provide those benefits to Companies, who then fill their Campaign coffers, or give Jobs to them or their minions (or family)... all legally.
The Oligarchy, led to a Bankocracy... and now we're pretty much boned.
Posted by: Romeo13 at February 03, 2011 11:21 AM (AdK6a)
Posted by: Captain Hate at February 03, 2011 11:22 AM (eh+ki)
And are always surprised when they are put up against the wall.
Posted by: pep at February 03, 2011 11:22 AM (P18+/)
Posted by: Sponge © at February 03, 2011 11:22 AM (UK9cE)
Why is it OK to essentially be a serf under a Democratic President? Do they all think that somehow, because of their very liberalness, they have a shot at becoming one of the "royals"?
Posted by: ParanoidThursdayInSeattle at February 03, 2011 03:15 PM (RZ8pf)
Yes, yes they do. Courtesans is actually the word--and it fits perfectly. They fancy that because they backed the right "team" they'll get all the spoils, invited to the parties. etc. It never dawns on them that the communists and socialists they so dearly love who have come to power are nothing more than another, more brutal and oppressive tyrants.
Posted by: Jimmuy at February 03, 2011 11:23 AM (8RfPc)
Posted by: Mr Pink at February 03, 2011 11:23 AM (e+nfw)
Posted by: BackwardsBoy at February 03, 2011 11:23 AM (b6qrg)
Posted by: Kelly at February 03, 2011 03:17 PM (e+nfw)
How to deal with the threat of oppressive, corrupt governments has been the great issue of the last three centuries. The Founders fought and died over it, and eventually gained the victory. Our soldiers shed their blood on the fields of Europe and the atolls of the Pacific to fight tyranny. We fought and won the Cold War which was waged over this exact issue.
Keeping the government fair and within its proper bounds is a necessary part of maintaining our hard-won freedom, and yes, we are still debating it to this day, even in the age of Obama. It has nothing to do with race and everything to do with personal liberty and constitutionalism.
Posted by: Shooter McGavin at February 03, 2011 11:23 AM (kM3n4)
They forbade any export of locally manufactured items. They made restrictions on production that ended private ownership of iron factories. In the late 16th century they made it impossible to get the raw material needed to operate the foundries. When the owners of the foundries failed to pay taxes, because they couldn't produce anything, the Polish rulers seized them and them operated them using corvee labor.
By the 17th century there was only a narrow range of middle class craftsmen. They were the ones that catered to the needs of the nobles. Goldsmiths, furniture makers and skilled builders.
Posted by: Quilly Mammoth at February 03, 2011 11:24 AM (gQF+b)
A shame that motorboats wouldn't be invented for another 400 years.
Posted by: Cicero at February 03, 2011 03:14 PM (QKKT0)
There HAD to be ye olde name for it, but my imagination is frozen........
Posted by: Sponge © at February 03, 2011 03:15 PM (UK9cE)
Trimerenes... and slaves...
Slow speed.... Med speed... Battle speed... Ramming speed... Capt. wants to waterski speed (OH SHIT! say the slaves at the oars...)
Posted by: Romeo13 at February 03, 2011 11:24 AM (AdK6a)
Posted by: joeindc44 at February 03, 2011 11:25 AM (QxSug)
If not let me know, I'll send you a copy.
Posted by: Kemp at February 03, 2011 11:25 AM (JpFM9)
Posted by: Captain Hate at February 03, 2011 11:25 AM (eh+ki)
Posted by: joeindc44 at February 03, 2011 11:25 AM (QxSug)
A 70,000 page tax code for example, only benefits the politically connected.
You want to stop alot of the feudalism, pass a flat tax.
Posted by: Guy Fawkes at February 03, 2011 11:25 AM (xdHzq)
Posted by: Quilly Mammoth at February 03, 2011 11:26 AM (gQF+b)
Posted by: Mr. Sar Kastik at February 03, 2011 11:26 AM (8fiyZ)
Posted by: Zimriel at February 03, 2011 11:26 AM (3Z8hd)
How many law are pushed through Congress to "get ahead of the courts" based on opinions by liberal judges designed specifically to do that even though nobody thinks will actually stand up on appeal?
Posted by: Rocks at February 03, 2011 11:27 AM (Q1lie)
Posted by: joeindc44 at February 03, 2011 11:28 AM (QxSug)
Posted by: Mr Pink at February 03, 2011 11:29 AM (e+nfw)
Exemption from the law for some will only breed resentment among those who have to live under said laws. While the elite and favored constituencies are exempted from Obamacare and EPA regulation, the rest of us will be participating in the regularly scheduled revolution also known as "elections".
Posted by: BigDaddy1964 at February 03, 2011 11:30 AM (pOcKt)
Posted by: joeindc44 at February 03, 2011 03:28 PM (QxSug)
Good point... Timmy Geithner is the poster child for the Bankocracy.
Lets put a Banker, in charge of watching Banks... yeah, the same Tax Cheat who is now in charge of collecting Taxes!
Posted by: Romeo13 at February 03, 2011 11:31 AM (AdK6a)
Posted by: Zimriel at February 03, 2011 03:26 PM (3Z8hd)
The Bakuninist list I get has been saying this from the beginning, now you see it on Trotskyite lists as well. They're calling him "Stalinist" and "usurping the People's Vanguard". Stalin did the same thing as Hitler with the difference that he gave his supporters factories instead of his supporters already owning them.
Posted by: Quilly Mammoth at February 03, 2011 11:31 AM (gQF+b)
Posted by: joeindc44 at February 03, 2011 11:32 AM (QxSug)
The term "feudal" is, I am thinking, fairly commonly used in libertarian circles. I don't read libertarians very often, though, so to me the term is novel.
The Road to Serfdom would be closely related, I think.
Posted by: Randy at February 03, 2011 11:33 AM (D0PNd)
Posted by: joeindc44 at February 03, 2011 11:34 AM (QxSug)
Posted by: angler at February 03, 2011 11:36 AM (SwjAj)
One of the things those who emigrated from communist countries always marveled at were grocery stores...all that wonderful food on display and available for purchase. They would invariably think they were in a "special store for party members" and were about to be arrested.
The Obama Democrats have set up a system of "special stores" and special favors that the rest of us cannot access but must pay for in the form of higher taxes.
It is feudalism. It's the road to serfdom.
Posted by: Boots at February 03, 2011 11:36 AM (neKzn)
You want to stop alot of the feudalism, pass a flat tax.
While we're at it, we can purge progressives from our politics. Whether they pose as Republicans or Dimocrats, the result is the same: bigger, more intrusive government that tramples on our rights, ignores the Constitutional limits of power and generally thinks it owns you.
Just like a feudal lord.
IMHO, we're dealing with a formal institution that has succumbed to the worst human failing possible, the urge to control another human for no good reason. We're watching the corruption of power play out in front of our eyes, and we're all suffering from the ill effects. It's codified insanity. Our leaders have ignored the single unwritten rule of our form of government: we're free to do anything unless there is a law specifically against it. Our last Congress was hailed as the most productive in our history for the depth, breadth, and number of new laws enacted. This sad fact should be mourned, not celebrated.
With each new law comes a reduction of our freedom, but go try to find anyone in Washington today who believes that principle.
Posted by: BackwardsBoy at February 03, 2011 11:36 AM (b6qrg)
"In that context, I'm wondering at what point a system of waivers becomes actually unconstitutional -- because anyone not granted a waiver is being burdened by a restrictive and possibly punitive law that others aren't. Isn't he?"
Yes. So, so obvious, but no one (to my knowledge) has really put this dirty little secret into these words yet.
And what are the objective criteria for a waiver? Is it something anyone who has a problem with the law could get? Or is it just for mega corporations who don't like the law? Is it a requirement to be a Democrat? An Obama supporter? What if you are a Democrat but you support Hilary?
This is the thing that undercuts their whole theory of governance. I know unfettered capitalism can be ugly at times. But at least the "decisions" of the market are objective selections made by "the people". Success is based on merit rather than by political connections. I'll buy that you need a certain amount of regulation to keep someone from deciding that it's OK to slash costs on food preparation because it's cheaper to settle wrongful death lawsuits than keep your food clean, or keep gas tanks on cars from exploding, or selling ponzi scheme retirement plans, whatever.
But the other way, when the baronial elite are the "deciders" of who has to obey what laws and which regulations - you are headed for the abyss.
Posted by: RM at February 03, 2011 11:37 AM (1kwr2)
Posted by: BlackOrchid at February 03, 2011 11:38 AM (SB0V2)
Every two-bit two-years-of-state-kollij lefty I know thinks they're going to be the ones sitting on the porch sipping a julep. Gonna be a rude awakening when they find themselves in the fields next to us.
Posted by: HeatherRadish at February 03, 2011 11:39 AM (TUpD9)
Posted by: joeindc44 at February 03, 2011 11:40 AM (QxSug)
Posted by: Waterhouse at February 03, 2011 11:41 AM (3YYhR)
Posted by: joeindc44 at February 03, 2011 11:42 AM (QxSug)
Posted by: new jersey at February 03, 2011 03:21 PM (DHNp4)
This is true - what we are going toward is in some respects worse than feudalism. Not only was there bottom-up obligation, but also top-down. In theory, at least, those at the top were supposed to be using their power to look out for those below. We're setting up a system where those at the top see those of us below them as nothing more than disposable resource generators. We're less than slaves to them - we don't have to be maintained in good shape to maximize an investment - we can just be replaced as we die off. The Libtards would burn us like cord wood if it suited their selfish desires and they had the power to make it happen.
Posted by: Reactionary at February 03, 2011 11:42 AM (xUM1Q)
Feudalism, cronyism, good-ole-boy network, they're all the same thing. It was either in the thread or the main post that said our problems really started when the government started exempting itself from the law. Just the latest addition to this is Dear Leader and his regime rejecting the Ocare ruling in FL by a federal judge. And to really make things hard to swallow; we've allowed them to do it.
Posted by: Soona at February 03, 2011 11:42 AM (N2GVy)
Recognizing the sameness of feudalism, fascism, socialism, the thing called liberalism that's really socialism, the thing called conservatism that's really Toryism, Toryism, what-Marx-called-capitalism, what-Marxists-actually-do, etc., is the fundamental thing that libertarianism gets, and the terms are mostly juggled based on rhetorical convenience.
Good luck on your adventure, if you're actually starting one. Self-described libertarians mostly aren't, so you might get put off the good stuff before you find it, and the good stuff is so right, you might get purified by its touch. Shields up.
Posted by: oblig. at February 03, 2011 11:45 AM (xvZW9)
Posted by: Soona at February 03, 2011 11:48 AM (N2GVy)
Feudalism involved a fief, a parcel of land granted in exchange for military service, as distinct from allodial land which was held outright. So no, it is not "feudalism." Feudalism didn't exist for a large part of the middle ages.
Posted by: Grey Fox at February 03, 2011 11:50 AM (dBG0+)
Posted by: HeatherRadish at February 03, 2011 11:51 AM (TUpD9)
Posted by: Alex at February 03, 2011 11:52 AM (J2ejK)
In that context, I'm wondering at what point a system of waivers becomes actually unconstitutional -- because anyone not granted a waiver is being burdened by a restrictive and possibly punitive law that others aren't. Isn't he?
You're more right than you know. A system of waivers nullifies a system based on law. If there are rules, and there are institutionalized exceptions to these rules, then you really don't have rules at all.
Example: You want to paint your house orange, but you can't because a local ordinance says you can't. I live in the same town and I want to paint my house orange, but I can because I got a waiver.
What, then, is the local law for our town?
Trick question! There really is no law regarding orange houses, despite what's in the city's code. It's all up to the guy or committee handing out the waivers.
So, Ace, you ask "at what point?" I say immediately.
Posted by: FireHorse at February 03, 2011 11:55 AM (sWynj)
Speaking of aristocrats exempt from the rules they make for the rest of us...<a href=http://onmilwaukee.com/sports/articles/barrettsuperbowl.html>the White House Super Bowl party is having sausage.</a>
Do you think that JugEars will pressure JLo's hubby to pay his damned taxes?
Posted by: IllTemperedCur at February 03, 2011 11:59 AM (TAjuH)
Posted by: FireHorse at February 03, 2011 11:59 AM (sWynj)
Posted by: Bald Ninja at February 03, 2011 11:59 AM (4pdbX)
Yes, yes they do. Courtesans is actually the word--and it fits perfectly. They fancy that because they backed the right "team" they'll get all the spoils, invited to the parties. etc. It never dawns on them that the communists and socialists they so dearly love who have come to power are nothing more than another, more brutal and oppressive tyrants.
Posted by: Jimmuy at February 03, 2011 03:23 PM (8RfPc)
Actually the word you want is Courtier. Courtesans were clever whores.
PS Sorry for repeating the Hayek reference. I searched the page for serf and didn't find any somehow.
Posted by: Randy at February 03, 2011 12:04 PM (D0PNd)
Posted by: Soona at February 03, 2011 12:08 PM (N2GVy)
What we need is someone to actually enforce them. We also need to some voters who actually care more about their government than just another check in the mail.
But we are not going to get either one of those.
Posted by: Vic at February 03, 2011 12:11 PM (M9Ie6)
And the Tea Party is another Jacksonian electoral revolution against the now-apparent hereditary elite.
Now, who will be our Andrew Jackson? - Mitt? Huntsman? Thune? Huckabee? Pawlenty? Daniels?
Or will it be Sarah Palin, who is hated by the Ruling Class with the heat of a thousand suns?
One thing is for sure, Ace, now knowing what a LOT of us have known for years, you have an explanation for the intensity of Palin's supporters. It is not a cult of personality - it is a demand for a leader who will protect and defend the Constitution, so that we may remain a nation of laws, not of men.
Posted by: mrp at February 03, 2011 12:14 PM (HjPtV)
Posted by: ya2daup at February 03, 2011 12:17 PM (HmCnI)
Oh, I thought you meant Feudal as in the Hatfields and McCoys popping caps in each others' asses across the treeline seperating their properties.
This makes much more sense when I think of Kings and stuff, instead.
Posted by: Sharkman at February 03, 2011 12:20 PM (sqNU7)
After Hayek, serfdom itself is another word occasionally kicked around. Medieval serfs owed service of around one third of their weekly labor on their lord's land. Take the federal income tax rate alone, or the combined federal and state income tax rate in some states and you're looking at an equal or greater percentage of labor demanded by the government. Serfdom by taxation. (And withholding was an evilly brilliant PR ploy.)
You can argue the income tax hurts less when the bare necessities of life are so cheap and it's largely coming out of discretionary income, but then that's only the case as long as the economy stays prosperous. What we're looking at now is a tax and regulatory regime that keeps people of ordinary talents from ever getting ahead. A Bill Gates can still make his fortune, but an average worker gets to live hand to mouth all his life until he's ready for the trailer park and social security. And it's not evil capitalists keeping him down, it's the do-gooders in Congress and the bureaucracy taking anything beyond a minimum income to redistribute to the "needy."
Posted by: Dave R. at February 03, 2011 12:22 PM (wOadd)
This is the thinking that broader rules, harsher rules, can solve a specific problem. Plus it gives the appearance of doing something, which the very reason for a bureaucrat's existence (in their minds).
Somehow we need a government Hippocratic Oath to first do no harm. We are 180o from there right now.
Posted by: GnuBreed at February 03, 2011 12:30 PM (h0RtZ)
Posted by: Dave S at February 03, 2011 12:42 PM (uHiz2)
This is why the original bailouts, which were just plain un-Constitutional, were stupid on top of that.
The bigger problem, though, was seen as the feral government started claiming that it had the right to be dictating all sorts of policies to these institutions that got bailed out - where we saw retro-active decisions about bonuses and the like. That was the truly dangerous aspect of the federal government having mucked around buying and bailing out private companies and why the federal government is Constitutionally restricted from taking those sorts of actions.
This became all too apparent as we heard the arguments that the feral government would offer. They would say, as they decided that they should be controlling these corporations (retro-actively, again, as there were no real strings on the bailout money as it was doled out), "they asked us for the money ... therefore we have the right and the responsibility to make these insane dictats over the operation of these companies." It doesn't matter if the companies begged the feral government for help. The feral government wasn't allowed to help them in that way, because of this exact problem - we now need to exercise control, since we have "invested" government money in them.
The initial idea of TARP was within the powers of Congress (as argued, not as written), as Congress certainly is charged with maintaining the integrity of the dollar, but TARP never even served to do that (as was clear by everyone arguing over the ECONOMIC situation, and not the MONETARY situation) and ended up being nothing short of a blatantly un-Constitutional expansion of the federal government. From there, they were just off to the races, and now, there is no end in sight. We even went so far as to use monies authorized in order to save our monetary system, in order to buy car companies and "save the economy", which was bullshit and un-Constitutional itself - though our judiciary (all the way up to the SCOTUS) was happy to give its seal of approval to this savage behavior.
But, once the law is broken like this, there is no real stopping of it. This is part of basic logic: all theorems are provable in an inconsistent logical theorem. But, sadly, American lawyers and judges know nothing about logic. That would be okay if they would, at least, hold the Constitution in some respect - but we don't even have anything close to that.
Posted by: iknowtheleft at February 03, 2011 01:00 PM (N49h9)
-tax exempt status, and
-special deference in criminal trials.
In which case, the entire New Deal state can be challenged under the (completely?) dormant Nobility clause...if the Supreme Court would recognize anybody anywhere with standing to file suit....which they won't.
Posted by: James at February 03, 2011 02:34 PM (B+bmP)
I'll buy that you need a certain amount of regulation to keep someone from deciding that it's OK to slash costs on food preparation because it's cheaper to settle wrongful death lawsuits than keep your food clean, or keep gas tanks on cars from exploding, or selling ponzi scheme retirement plans, whatever.
No, you don't.
The people who'd follow the regulation wouldn't do that anyway. The people who wouldn't, wouldn't anyway.
When someone sells you poison and calls it food, you charge them with criminal fraud. Or alternately, reckless endangerment, criminal negligence, manslaughter, murder, whatever.
There's no sense to thinking Congress can prevent this by letting a gaggle of lawyers personally control the content of all foodstuffs via regulation.
Posted by: Entropy at February 03, 2011 03:41 PM (eL+YD)
I see that most commenters here haven't bothered to see what the (real) Left has been saying about this guy. I don't mean those boneslurpers on TV. I mean people like Noami Klein and Barbara Ehrenreich. (Not sure if Taibbi counts as Left, but he used to.) They're saying what Ace is saying.
Sure, but they're no better. He's of them. Put any one of them in a position of actual power and responsibility and they will fair no better.
It's like Animal Farm.
They think Stalin usurped their system. Stalin is the fucking product of their system.
Their philosophies do not work - they do not comply with reality. When attempting to impliment them, at some juncture you must confront this, and then - you either give up, or decide to force the matter.
Posted by: Entropy at February 03, 2011 03:55 PM (eL+YD)
Posted by: unseen at February 03, 2011 04:44 PM (aVGmX)
Posted by: Guy at February 03, 2011 04:46 PM (V+AvD)
Not all of them, but a lot, although for many of them I think their ambition does not rise above, say, political commissar for the block they live on.
Another important factor is their desire to be taken care of. It's a big, scary world out there, full of things like science and killer robots made by Dell and Apple. Some of them (with college degrees even) are unable to use a cell phone or connect a VCR to a TV. But Big Brother will save comfort and protect them. No more hard decisions to make. No more thinking that makes the head hurt. No more responsibility.
In fact, there are a lot of "renaissance faire" type people who really do long for the good old days when there were no machines and your local Lord took care of you. Morons yes, but morons who vote.
Posted by: pst314 at February 03, 2011 05:00 PM (wKfRY)
Posted by: Zimriel at February 03, 2011 03:26 PM (3Z8hd)
So the fuck what? Seriously, what does it matter? Why do we care?
Why does it even enter the discussion that the far left also thinks Obama is a corrupt skeeze? What, you think they're going to team up with us to get Obama out and replace him with someone... oh, we run into a problem there, don't we?
Posted by: Merovign, Bond Villain at February 03, 2011 05:33 PM (bxiXv)
What, you think they're going to team up with us to get Obama out and replace him with someone... oh, we run into a problem there, don't we?
"Do they all think that somehow, because of their very liberalness, they have a shot at becoming one of the 'royals'?"
Basically, it breaks down like this:
I am (belatedly) reading Atlas Shrugged, and it almost perfectly describes this system of feudalism/favoritism/command-and-control economy.
Basically, they would destroy the very things that sustain them, and then die screaming.
Oh sure, they hate Stalin. They still keep making Stalins. And then die screaming.
Posted by: Entropy at February 03, 2011 05:53 PM (eL+YD)
wage slaves and political elites (lords) round out the American feudal system.
Epstein brings it home.
Posted by: 13times at February 03, 2011 06:50 PM (h6XiD)
As the guy upthread said, though, don't let the awful stuff turn you off from the good stuff. Epstein's among the best.
Posted by: MlR at February 03, 2011 07:32 PM (uxyPr)
Posted by: GD at February 03, 2011 07:53 PM (BOLSO)
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Posted by: Cicero at February 03, 2011 11:07 AM (QKKT0)