A Quote by Charles Koch
Far from trying to rig the system, I have spent decades opposing cronyism and all political favors, including mandates, subsidies and protective tariffs - even when we benefit from them.
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To end cronyism we must end government's ability to dole out favors and rig the market.
Far too many businesses have been all too eager to lobby for maintaining and increasing subsidies and mandates paid by taxpayers and consumers. This growing partnership between business and government is a destructive force, undermining not just our economy and our political system, but the very foundations of culture.
Businessmen are notable for a peculiarly stalwart character, which enables them to enjoy without loss of self-reliance the benefits of tariffs, franchises, and even outright government subsidies.
There was nothing natural about laissez-faire; free markets could never have come into being merely by allowing things to take their course. Just as cotton manufactures were created by the help of protective tariffs, export bounties, and indirect wage subsidies, laissez-faire was enforced by the state.
Far too many businesses have been all too eager to lobby for maintaining and increasing subsidies and mandates paid by taxpayers and consumers.
If we had a flat tax code rather than a 70,000-page document full of cronyism and favors, bureaucrats and elected officials wouldn't have the power to do you any favors. That's what we need. You would have to compete on your own on a level playing field, but that's not what the government permits now.
Giving subsidies is a two-edged sword. Once you give it, it's very hard to take away subsidies. There's a political cost to taking away subsidies.
We want a comprehensive package that covers export subsidies, tariffs and overall levels of support. British Prime Minister Tony Blair is making central to his summit speech that he wants to abolish all export subsidies. It is up to him to push the European Union in that direction, and the U.S. needs to reciprocate.
To create such people, such People's Representatives in Indonesia, would take decades, and they can only grow up in a fundamentally different political system, and in a totally new culture. What is now governing Indonesia is morally defunct, it is corrupt. What is ruling the country now is not even a culture or a political system: it is a disease.
In almost every case, whenever a tariff or quota is imposed on imports, that tax is strongly supported by the domestic industry getting the protective shield from lower-priced foreign competition. The sugar industry supports sugar tariffs; textile mills lobby for tariffs on foreign clothing.
Richard Shelby has a long history of sponsoring legislation that would only benefit his largest contributors, for trading earmarks of pork-barrel politics and personal favors in order to benefit himself, his campaign war chest, political action committee, and former members of his Senate staff.
Society can and does execute its own mandates: and if it issues wrong mandates instead of right, or any mandates at all in things with it ought not to meddle, it practices a social tyranny more formidable than many kinds of political oppression, since, though not usually upheld by such extreme penalties, it leaves fewer means of escape, penetrating much more deeply into the details of life, and enslaving the soul itself.
Where do I get the confidence to be different? A lot of it comes from curiosity. I spent years as a young man trying to understand the business I'm in. I have spent decades staying connected to how the rest of the world works.
Each State has its own health insurance mandates, and some of them are good, but there are about 1,800 of them all across the Nation, including provisions for acupuncturists, massage therapists, and hair replacements.
From my point of view, the American financial system - including banks and investment banks - is far safer because of capital and liquidity requirements. Despite all the turbulence so far this year, I don't think anyone's questioning our system. And that, obviously, is a good thing.
No political party can ever make prohibition effective. A political party implies an adverse, an opposing, political party. To enforce criminal statutes implies substantial unanimity in the community. This is the result of the jury system. Hence the futility of party prohibition.
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