Wednesday, December 31, 2008

Phil Gingrey, (R) Marietta, Ga

Phil Gingrey, (R), State Rep. from Marietta writes a love sonnet to the market maniacs in the Marietta Daily Journal.

Phil, a doctor, knows very little about risk and punishment from life as a Georgia doctor. If a Georgia doctor takes too many risks, the patient is punished. The punishment to risk taking doctor is giving a death notice to the next of kin. Then, collecting the medical bills from the estate. That's certainly not any different from the bailouts in Washington and other major capitalistic countries.

And capitalistic is an adjective that modifies a noun. The noun, country, isn't all one thing or all another. It's a spot on a map. With the modification, capitalistic, we can almost surely find the subject countries on a map.

Simply those locations that would favor private wealth. That would be private wealth versus Royal Wealth in the USA, if we look at our heritage prior to 1776.

We didn't choose between communism and capitalism in 1776. Our choice was entirely different from that. We defied a King and the entire system of monarchy. In the absence of Hobbs' Leviathan, we have a representative democracy. And, the dregs of mercantilism.

Gingrey's bastardized fusion of mercantilism and capitalism needs to die a sudden and violent death. But, Gingrey and GOP apologists aren't the only protection for the economic bastard.

People, too many people at least, really believe a "free market system" exists, somewhere. A system where hard work is always rewarded in this world with wealth.

The Wealth of Our Nation has always been in the hard work of the many and not in the gold of King Midas to a few.

King Midas wished for the ability to turn everything he touched into gold.

Ask his daughter how that worked out for his family.


[Yes, there are malpractice law suits. Just remember, Herr Doktor Gingrey voted himself tort reform which limits punishment to a cap of $300,000 for all medical malpractice suits. Well, some will argue that was needed to save insurance companies. Well, Wall Street didn't get the first government bailout, did they?]

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