Cronyism, corruption, bailouts, favored status, confiscation through eminent domain, picking winners and losers. Sound familiar?
This documentary premiered yesterday in Washington DC, and offers some historic perspective to the decline of Detroit.
Perhaps even, an explanation (a warning) of what is to come next, as long as we allow our governments to engage in corporatism; a way in which our taxpayers dollars are funneled into the pockets of special interests and how corruption has abused Detroit, providing little benefit to those paying the bills. At one point Thomas LaDuke makes a great point about not questioning “people’s heart or motives,” but his frustration of how city residents don’t actually see how the city has been run.
Then consider that aside from Snyder’s inaccurate representation of Dow family history, it wasn’t a government program that brought the best and the brightest from other countries to the United States, and to Michigan in particular. It was that immigrants could be left alone for the most part to ply a trade, offer a unique service or product, and be free to compete in open markets.
By skewing the field in some way to aid immigrants coming to Michigan, or to pay off ANY interest to settle here, the governor fails to acknowledge he must first steal from existing taxpayers who are made of immigrants and natives alike. He takes from some, to favor others in a bizarre preference game.
Conveniently, the bigger power concerns in the state capitulated to ridiculous 10% energy mandates during the Granholm administration.
In 2012, an even MORE ridiculous 25×25 requirement was promoted (and failed) as a constitutional amendment, in a state which has a monstrous electricity appetite as a leader in manufacturing. Now as the legislature approaches the crossroads of [Oh gosh we can’t meet the 10%!] and [What the hell happened to electricity prices?] in Michigan, another 35% ‘mandate’ pusher shows up with a ‘conservative’ emphasis and the useful idiots who have already signed on.
Have conservatives and conservative Republicans ever felt that no matter how correct we are, the wind is always in our faces?
Jack Hoogendyk has an interesting look at something that shows those of us on the conservative side of the fence face opposition from even those who are presumably our friends. An analysis of contributions apparently reveals we (or at least “Republicans’) face roughly complete financial opposition from union interests, and a fence sitting 50% from business interests.
“I did a little research using OpenSecrets.org, the web site that tracks campaign contributions. Here is what I found. No matter how far down the list you look, union PAC’s all give donations to Democrats at about a 24 to 1 rate. 96% of all union PAC dollars go to the Democrats. But what about “business” PAC’s? This is where it gets interesting.
Of the top 8 business PAC’s, 52% of the dollars go to Republicans, 48% goes to Democrats. The union bosses are putting all their eggs in the Democrats’ basket. The business groups like to play both sides of the fence.“
So did Humpty Dumpty. We know how THAT ended.
At this point, best advice to business would be that its time to pick a side, as chances of avoiding the crossfire are less with that fence between you and the enemy.