Tag Archives: Deregulation

The Only Thing Morbidly Obese in D.C. is the Government, by Tom Luongo

The federal government could lose 80 percent of its body fat to the benefit of the productive people who are being squashed by it. From Tom Luongo at tomluongo.me:

So House Speaker Nancy Pelosi continues to prove the observation as true that the “Left Can’t Meme” by going on TV to decry President Trump prophylactic use of hydroxychloroquine and zinc to fend off COVID-19 by calling him “morbidly obese.”

 

What’s so sad about this exchange isn’t the obviously awkward set up by Anderson Cooper, the unctuous virtue signaling by Pelosi or the pathetic pandering to her base it is that Pelosi gets everything exactly wrong.

If Trump is morbidly obese, which would be a co-factor in falling to COVID-19, wouldn’t it make sense then for him TO be taking whatever precautions he and his doctors deemed helpful?

I guess Nancy would know all about morbid obesity because that’s the only kind of legislation she’s capable of sponsoring.

Her latest legislative fiasco was a new $3 trillion stimulus bill with precious little ‘stimulus’ in it whic was rejected by members of her own caucus (because truly who at this point could be stimulated to anything other than nausea by Pelosi).

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Deregulation, by Tom Woods

Deregulation’s many benefits are seldom noticed, and it’s often blamed for the sins of regulation. From Tom Woods at lewrockwell.com:

Ten years after the financial crisis of 2008, your friends are still saying the same thing:

“Don’t you libertarians know the financial crisis was caused by deregulation?”

It was not in any way caused by deregulation. We have to get this right, and we can’t let it pass.

F.A. Hayek once noted how important history was to current events: if we misunderstand history, we’re going to do the wrong things in the present. So if we think the late nineteenth century was characterized by “monopolies” from which wise government officials rescued us (and, unfortunately, this is indeed what most people believe), we’ll have different views on antitrust law than we otherwise would. Likewise, if we think the Great Depression was caused by “laissez faire,” that will influence the kind of economic policy we advocate today.

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