A Quote by Ludwig von Mises
If the members of parliament no longer consider themselves mandatories of the taxpayers but deputies of those receiving salaries, wages, subsidies, doles, and other benefits from the treasury, democracy is done for.
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We have decreased the salaries of everybody who partakes in politics, from the president to the prime minister to the MPs [members of Parliament]. We have cut expenditures that have to do with parliament. Everybody knows we are serious.
Parliament is for discussion. Parliament is to show dissent. Parliament is to give an argument for one's opposition, to present an argument when they support. To uphold this basic spirit of Parliament, is the responsibility of every person who values democracy. It is the responsibility of those present in the Parliament and those outside. It is the responsibility of those in power and those not in power. This is a matter of spirit and it should be followed.
There should be some other provisions in the Constitution whereby if the Government is not functioning well, it can be dealt with. In a parliamentary democracy, this should be done only by Parliament. The prime minister should be answerable only to Parliament and it should only be Parliament that can install him or remove him.
We enter parliament in order to supply ourselves, in the arsenal of democracy, with its own weapons. If democracy is so stupid as to give us free tickets and salaries for this bear's work, that is its affair. We do not come as friends, nor even as neutrals. We come as enemies. As the wolf bursts into the flock, so we come.
The public subsidies provided to miners, loggers, and ranchers are as extravagant and as harmful to the public interest as the subsidies that the Federal Reserve and Treasury provide to the 'banks too big to fail.'
Requiring the payment of higher wages will lead to a loss of some jobs and a raising of prices which drives companies to search for automation to reduce costs. On the other hand, those receiving higher wages will spend more (the marginal propensity to consume is close to 1 for low income earners) and this will increase demand for additional goods and services. Henry Ford had the clearest vision of why companies can actually benefit by paying higher wages.
I think when ordinary working people come home, turn on the TV and see a gala of a bunch of people at, you know, a rich gala all subsidized by taxpayers claiming their subsidies aren't high enough, when they know those subsidies have actually gone up - I'm not sure that's something that resonates with ordinary people.
I've said repeatedly publicly, and other members have, that until you adjust the eligibility for entitlements, do things like raising the age for Medicare for future beneficiaries. Not for those currently receiving or those about to receive. Have serious means testing for high income people. You know Warren Buffett's always complaining about not paying enough taxes. And what I'm complaining about is we're paying for his Medicare. We ought not to be providing these kinds of benefits for millionaires and billionaires.
The nature of man is such that people consider themselves put under an obligation as much by the benefits they confer as by those they receive.
No doubt, you've got a parliament now - I mean, Malcolm Turnbull says he'll work with the parliament he's got. He's got a parliament where a majority of the members of parliament want that law to be changed. He's got a parliament where there's a majority in each House who have publicly said they want to have a Royal Commission into banks.
There is something about a Luger that separates it from all other handguns, and Luger devotees and Luger society members speak of it in romantic terms that must sound plain nuts to those who consider themselves level-headed.
A saying from the area of Chinese medicine would be appropriate to mention here: "One disease, long life; no disease, short life." In other words, those who know what's wrong with them and take care of themselves accordingly will tend to live a lot longer than those who consider themselves perfectly happy and neglect their weakness. So, in that sense at least, a Weakness of some sort can do you a big favor, if you acknowledge that it's there.
Sadly, too many corporate leaders still believe that the way to boost productivity and profits is to continually reduce salaries, benefits, and training expenditures, a strategy that can be taken only so far. At a certain point in a developed society, salaries and benefits can't be slashed further and, in the long term, comparative economic advantage then must be realized through the effective mobilization of an educated, engaged, and loyal workforce.
When they are 50 yards from Parliament Hill, they are no longer honourable members, they are just nobodies.
Democracy, finally, rests on a higher power than Parliament. It rests on an informed and cultivated and alert public opinion. The Members of Parliament are only representatives of the citizens. They cannot represent apathy and indifference. They can play the part allotted to them only if they represent intelligence and public spiritness.
Suppose two-thirds of the members of the national House of Representatives were dumped into the Washington garbage incinerator tomorrow, what would we lose to offset our gain of their salaries and the salaries of their parasites?
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