Wednesday, April 7, 2010

Obama's Second Chance on the Predominant Moral Issue of This Century

The financial crisis was caused by de-regulation, meaning the weakening of regulatory bureaucracy.

Largess to petroleum, coal, nuclear and corn ethanol polluters is also just given, with no additional regulatory oversight, aka bureaucracy.
http://www.grist.org/article/2009-09-22-fossil-fuel-subsidies-dwarf-clean-energy-subsidies-obama-wants

And the re-distribution of wealth from the producing workers to the unproductive financiers was also accomplished by the combination of de-regulation of finance and corporate lobbying for multitudes of tax exemptions only available to the over-privileged.
http://www.huffingtonpost.com/thom-hartmann/the-great-tax-con-job_b_242065.html
http://www.huffingtonpost.com/jonathan-tasini/the-bigger-shame-the-rich_b_162485.html

Your hatred of "bureaucracy" is irrational unless you believe all men are angels. And in that case, you must logically support no government at all. And that is anarchism, and that disqualifies you from being taken seriously.
About China
Read the Article at HuffingtonPost

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