Humpty Dumpty

As more banks are failing, I'm becoming more and more disenchanted with the Republican stance on commercial or economic success, or better put how to go about it.

Free markets are a nice thing to have. And as general of a statement that was, it's subvertly saying 'When it works, it works wonderfully.'

Myth #1: Companies want to give you low prices because they want to obtain business.
Fact: Companies get large enough or create enough partners to become a oligopoly or cartel, they don't need to worry about your business because they'll get it one way or another.

See Wal-Mart, OPEC, Time-Warner/Comcast


Myth #2: Giving tax breaks to the wealthy helps the poor by the upper class creating more jobs for the proletariat.

Fact: People with tons of money will put it where they think they get the most reward vs. risk, whether that be business, commodity, housing, or even other financial institutions. Economic downturn is a correction on high prices of a given object, unless artificially inflated and sustained.


Myth #3: An elected President is the one who drives the economy one way or another through policy.

Fact: While having sway over the national party, the President doesn't make the financial calls, Congress does. You want more fiscally responsible government? Then worry about the chuckleheads in your local district on Capital Hill. The problem is they are too busy listening to lobbyists then to their own constiuency, but your email will get read on their Blackberry while they're waiting on their steak paid for by Pfizer, right? Wrong.


Call me a pessimist but there seems to be a lot more work to be done then just to say you're a maverick who votes with the party 90% of the time, or someone who has pretty Change! posters but not enough plan to enact on.

BTW Republicans: Not even your own pundits like Palin.