Mr. Cain, please raise more Cain

Mr. Cain, please toughen your fiscal criticism of the US Government. In your Cain Commentary this morning, you used the following phrases: “patchwork”, “Taxmageddon”, “recent history […] does not inspire confidence”, “Congress can never seem to agree”, “serious drag on economic growth”, and “endless tinkering”.  Those phrases are listed here out of context (guilty as charged), but hopefully that choice won’t detract from this request.

a humble request for Mr. Cain

“Patchwork” brings to mind a nice quilt Grandma made. “Taxmageddon” sounds like late-night Discovery Channel fare. Compare your words to the current Wikipedia words remembering Charles Keating’s legal consequences for his involvement in the 1980s S&L Scandal: “duped”, “worthless”, “junk bonds”, “fraud”, “racketeering”, and “conspiracy”.

Presidents and Congressmen can and do use words like “patchwork” and “endless tinkering” to defer blame away from themselves when it comes to taxes and government spending. That’s not leadership.  These servants’ actions (or inexcusable inaction) would be high crimes in any other setting. Mr. Keating’s fraud was in the single digit billions, for which he spent 4.5 years in jail. Our federal government defrauds our future generations of tens of trillions. And yet, too many modern US politicians act as if the true question should be “who’s counting?”  If those politicians aren’t actively working or supporting virtuous economic purpose, we must frame our criticism in criminal terms.

As Doug Bandow points out today at American Spectator, even the CBO admits we’re headed to national insolvency very soon.  Bandow explains why even these reports are too optimistic, because they include fairy tale projections (i.e. fraudulent budgeting).

No comments yet

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: