Re: Lucas: Shame on the redistributionists
royls_at_telus.net
Date: 06/18/04
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Date: Fri, 18 Jun 2004 02:09:30 GMT
On Thu, 17 Jun 2004 19:36:59 GMT, Grinch <oldnasty@mindspring.com>
wrote:
>On Wed, 16 Jun 2004 23:47:57 GMT, Les Cargill
><lcargill@worldnet.att.net> wrote:
>
>>royls@telus.net wrote:
>>
>>> On Wed, 16 Jun 2004 01:13:12 GMT, Les Cargill
>>> <lcargill@worldnet.att.net> wrote:
>>>
>>> It is often astonishing how cheaply massively valuable political
>>> favors can be bought. AFAICT, the normal return on a political
>>> donation in excess of $1000 is about 100,000%.
>
>If I donate $2,000 to a campaign I'll get a million dollars back?
Sorry, only if you are smart enough to arrange it. That lets you out.
>That sure as heck explains what George Soros is doing!
>
>Hell, I'll donate to *both* parties!!
>
>But geeze, should one dare ask for a source for this "normal" figure?
I gave some typical examples in another post. I'm sure the same sort
of thing goes on in the USA on a larger scale.
>After all, they are the ones with the *power* in the relationship --
>the power of the state -- and I don't know of many greedy capitalists
>who like to voluntarily fork over money to others, or of many *honest*
>politicians who would dispense favors for money.
Actually, money gives more power than political office. Voters can't
take it away.
>While if the politicians are dishonest, what's to stop them from using
>the power of the state to line their pockets with legal graft -- it'll
>be legal, of course, because *they* set the legal rules.
>
>Rent seeking, anyone?
It's everywhere.
>So perhaps when money passes from private parties to politicians in
>significant amount we should always be open to the possibility that it
>is extortion rather than bribery?
Well, ordinary taxation of earned income is extortion, too, so...
>Of course in the US stories like this and characters like Plunkitt are
>kind of amusing looking back at them over 100+ years because we've had
>mostly a happy ending -- but when one looks at all the people in all
>the third-world nations that are still in grinding poverty today in no
>small part because they are still ruled by such mass scale
>extortionists, it's not so amusing.
Right. In fact, it's horrifying beyond words.
-- Roy L
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