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Wednesday, May 24, 2006


A Fantastic Free Market Speech…

...from Barney Frank?

Mr. Chairman, I am here to confess my reading incomprehension. I have listened to many of my conservative friends talk about the wonders of the free market, of the importance of letting the consumers make their best choices, of keeping government out of economic activity, of the virtues of free trade, but then I look at various agricultural programs like this one. Now, it violates every principle of free market economics known to man and two or three not yet discovered.

So I have been forced to conclude that in all of those great free market texts by Ludwig von Mises, Friedrich Hayek and all the others that there is a footnote that says, by the way, none of this applies to agriculture. Now, it may be written in high German, and that may be why I have not been able to discern it, but there is no greater contrast in America today than between the free enterprise rhetoric of so many conservatives and the statist, subsidized, inflationary, protectionist, anti-consumer agricultural policies, and this is one of them.

In particular, I have listened to people, and some of us have said let us protect workers and the environment in trade; let us not have unrestricted free trade; but let us have trade that respects worker rights and environmental rights. And we have been excoriated for our lack of concern for poor countries.

There is no greater obstacle, as it is now clear in the Doha round, to the completion of a comprehensive trade policy than the American agricultural policy, with one exception, European agricultural policy, which is much worse and just as phony.

Sugar is an example. This program is an interference with the legitimate efforts at economic self-help in many foreign nations. So I appreciate the leadership of the gentleman from Arizona [Jeff Flake] and the gentleman from Oregon [Roy Blumenauer]. Here is a chance for some of my free-enterprise-professing friends to get honest with themselves, and now maybe we will see some born-again free enterprisers in the agricultural field.


To hell with partisan politics...go get 'em Barney.

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Comments

Avatar for graeme

The left has been saying this for years.

graeme on May 24, 2006 at 09:02 pm
Avatar for robert108

I believe farm subsidies are a gift from the Dems, continued because anyone who would mess with them is criticized for being against the American farmer.  Behind Soc Sec, it’s the other third rail of American politics.  The conservatives have been wanting to get rid of farm subsidies since they were instituted.  This was all about the Dems protecting the small farmer from the “evil corporate farms”.  You know who hates corporations, don’t you?

robert108 on May 24, 2006 at 10:41 pm
Avatar for graeme

who are you kidding, the farm bill is a bi-partisan supported bill that has the backing of big ag, much more than small farmers

graeme on May 25, 2006 at 01:46 am
Rob
Rob
22123 comments
Send a private message

First Graeme says this:

The left has been saying this for years.

Then he says this:

the farm bill is a bi-partisan supported bill that has the backing of big ag, much more than small farmers

So which is it?  Are leftists against farm subsidies or are all our politicians just a bunch of pandering jerks?

What surprises me is that you would say leftists oppose subsidies.  Your hero Evo down in South America, Graeme, is busy nationalizing industry.  What is the nationalization of industry if not taking subsidies to an extreme?

You support subsidies, you just want to pretend like you don’t.


The purpose of government shouldn’t be to do good, but simply to refrain from doing evil.

Rob on May 25, 2006 at 06:06 am
Avatar for MikeAdamson

Barney is pretty sharp for an old liberal…I enjoyed his genteel slapping of Secretary Snow over Snow’s claim that real wages are rising in America.

MikeAdamson on May 25, 2006 at 07:14 am
Avatar for graeme

all of are politicians are pandering jerks.

Morales ran on a renegotiation of the contracts with gas companies. When he got elected, he kept his word. YPFB, the state owned petrol company, still pays foreign companies for their services, it is just that a larger share goes back to the Bolvivian government in the form of higher taxes. This is what the Bolivians overwhelmingly voted for. This is what Morales ran on. These companies had been making a killing while Bolivia remained dirt poor, Morales is the first leader to do what the people elected him to do.

graeme on May 25, 2006 at 09:09 am
Rob
Rob
22123 comments
Send a private message

Morales is a communist who will end up declaring himself President for life and controlling all aspects of his citizens’ lives with an iron fist.

Socialism begets totalitarianism.  It happens every single time.


The purpose of government shouldn’t be to do good, but simply to refrain from doing evil.

Rob on May 25, 2006 at 09:13 am
Avatar for Chief RZ

Rob— Thanks for calling a spade a spade.  Too many people are afraid to utter the word, communist out of unfounded fear of McCarthyism.

Chief RZ on May 25, 2006 at 09:20 am
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