Monday, May 05, 2008

An Unexpected Choice to Make

Capitalism should not be condemned, since we haven’t had capitalism. A system of capitalism presumes sound money, not fiat money manipulated by a central bank. Capitalism cherishes voluntary contracts and interest rates that are determined by savings, not credit creation by a central bank. It’s not capitalism when the system is plagued with incomprehensible rules regarding mergers, acquisitions, and stock sales, along with wage controls, price controls, protectionism, corporate subsidies, international management of trade, complex and punishing corporate taxes, privileged government contracts to the military-industrial complex, and a foreign policy controlled by corporate interests and overseas investments. Add to this centralized federal mismanagement of farming, education, medicine, insurance, banking and welfare. This is not capitalism!
-- Ron Paul, "Has Capitalism Failed?", July 9, 2002

John McCain demonizes Big Pharma — i.e., the private pharmaceutical companies that create, develop and manufacture the drugs that all these socialized health care systems in every corner of the planet are utterly dependent on. He voted for Sarbanes-Oxley, a quintessential Congressional overreaction (to Enron) that buries American companies in wasteful paperwork and hands huge advantages to stock exchanges in London, Hong Kong and elsewhere. But why stop there? McCain is also gung ho for all the most economically disruptive Big Government solutions to "climate change." Apparently, that's the only change these candidates aren't in favor of. When it comes to the climate, McCain and Hillary are agents of non-change. John McCain has an almost Edwardsian contempt for capitalism, for the people whose wit and innovation generate the revenues that pay for your average small-state Senator's Gulf Emir-sized retinue of staffers. -- Mark Steyn

The Wizer was planning on sitting this one out. By reading the newspapers here in Indiana and watching the news, you would think that an important decision was about to be made, and that it involved one of only two candidates. Yet, the simple truth is there's no practical difference between the two that they are talking about. Yet Hoosiers (at least, Hoosier media) seem enthralled with the fact that we are cause célèbre this week.

In fact, there is a more important race, and one which the choices are far more meaningful and dramatic. The media has not mentioned this one (I found out myself by perusing the ballot sample), but hey, Ron Paul is on the Indiana ballot!

I guess there is a choice after all, if only a symbolic one, but at least it means my vote won't be wasted. And yes, you can call this a wizersblog endorsement of Congressman Paul in this election. Can't wait to see how the media will report on the election results of the Republican primary in Indiana.

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