Please note that Pete Abel edited the letter to Republican leaders. He changed the seventh paragraph and published the names of the ones who signed the letter thusfar.
At this moment, 14 individuals signed the letter and Pete is waiting to hear more from moderate Republican organizations who agreed to circulate the letter among their members. If you have not signed the letter yet, do so now (this goes for Independents and Republicans). It sends, I think, a healthy message to the Republican leadership: one of individuality, responsibility, freedom and unity.
If you have not signed it yet (yes I am talking to you), stop hesitating: all it takes to make a difference is sending Pete an e-mail.
I for the mostpart agree with the tenets of the argument made on Abel’s blog. I have a long time said we need the paleoconservative branch of our government back, and the shackles placed upon them by the Reaganites/Robertson’s thrown off. They’ve become an even worse version of the far left, because unlike the far left they’ve successfully enacted many of thier intrusive agrendas on the nation as a whole.
One problem I have, and a major one it is….”We believe in personal responsibility, self-reliance, capitalism, and the power of markets – markets that are allowed to operate with the least possible degree of regulation that is necessary to safeguard fair play and equal opportunity.”
This is unfortunately a fantasyland kind of thinking. Without a big shift in business/corporate culture in this country we’ll only see the same results we’ve seen from what deregulations have already happened, which have been almost totally bad for the consumer, and furthered monopolization, and wholesale greed for the sake of greed of the CEO’s of this country. While deregulation is an admirable goal, untill people at the highest reaches of the ladder find a moral business compass it is only a fantasy. If enacted as is for the sake of doing so I fear we’d have feifdoms, and a return to what caused regulations to begin with….robber baron’s and very few with all of the wealth even worse than we currtently see.
Pyst – I think the “magic balance” is found in regulation that is “the least possible .. to safeguard fair play and equal opportunity.†That last phrase may mean that we don’t de-regulate much from where we currently are, or (more likely) it means we de-reg in some areas but re-reg in others. We’re not anti-reg, we are anti-reg that goes beyond “fair play” and “equal opportunity” and attempts to shape winners and losers in the market. The market is capable of picking its own winners and losers, and usually smarter about it than government is. hope that helps clarify.
Yes, that makes alot more sense, and thank you for clarifying that for me.
But to claim the same markets that allows hedge funds to exsist (betting on betting, and undercutting actual business returns in advance of quarterly reports), nah I just don’t see them being smart enough to be allowed to operate without a “principal” watching over them LOL.