Tag Archive for 'bob inglis'

Puppets of Bad Ideas

The book Pillars of Prosperity is a collection of speeches and essays by Ron Paul that lay out his “views of the proper role of government, namely that it should serve only to protect the life and property of its citizens.”  In a 1984 speech (page 3) he shows the folly of big government and how it is perpetuated by the politicians.  The problems of big government stem from the ease in which they are duped into supporting bad policy. Ron Paul points out that:

the politician, per se, is a lot less important than he appears. He is basically a puppet of public opinion that reflects the prevailing ideas of the intellectual and thought leaders.

Bob Inglis, the Republican congressman from South Carolina, gives an excellent example of this in his votes for the bailout bill.  He rejected sound economics that predicted the crisis.  He rejected free market solutions that would have eliminated the problem.  He failed to realize that current government involvement by congress and the fed means that we have nothing more than a centrally planned “free market” (socialism). He said that doing something was better than nothing while blindly following the socialist elite who said that the bailout was the only way.

Unfortunately as Ron Paul continues to explain:

Political success is the single goal that drives participants in our political system. No invitations to participants are sent to men of principle, upholders of equal rights, and defenders of the Constitution. Determined political aspirations under today’s circumstances are key to achieving a successful political career—the career being an end in itself. We must be aware that this system of politics is not conducive to bringing about changes necessary to solve our problems. The legislative and political intrigues that control the system for the benefit of the special interests must one day come to an end if personal liberty is to be restored.

We all must realize that no President or member of Congress will ever save us from our problems.  Central planning to prevent chaos will always turn into centrally planned chaos.  This chaos makes the politican think that he just needs to do more and that is always the wrong answer.

Final Bailout Vote Tally

A list of congressmen who changed their votes between the first and second time is posted at the Campaign for Liberty. A full list of the votes can be found at the house website.  Gresham Barret, who I spoke positively about before, change his vote and voted for the bill.  The two congressmen from New Hampshire and King from Iowa kept their no votes along with a total of 171 congressmen against.  Bob Inglis voted for the bill again because he fears that doing nothing is worse than doing something.  Too bad he’s wrong.

The stock market fell after the bailout was passed.  Not that it means much this soon, but it must not have immediately increased investor confidence.

Bailout Defeated!

It is exciting that for today the bailout was defeated in the house.  The first thing I wanted to know was who voted for it – so that we can get rid of them.  I was disappointed but not suprised to learn that Bob Inglis voted for it.  According to the Greenville News the South Carolina vote was 5 for the bailout and 1 against.  Good to see that Gresham Barrett did the right thing.

Update:  Gresham Barrett changed his vote the second time to vote yea a few days later.