Monday, June 23, 2008

Frankenstein Lives


The Farm Bill Fiasco
It has happened again. The RINOS, Republicans In Name Only, have helped the Democrats to override the President's veto of the new farm bill.

Another loss for free market economics.
Another win for BIG government.


Farm Bill 101: what the bill does:
  • Sends checks to farmers for NOT growing crops.
  • Since the formula is based on the size of the farmer's operation, the bigger the farmer, the bigger the check.
  • Laughably, the "cap" on the payments is for farmers making less that $2.5M in adjusted gross income.
Frankenstein Lives
This is a great lesson in how government works and why you should NEVER EVER CREATE NEW GOVERNMENT PROGRAMS. The original idea of a farm bill sounds so safe, so good, so pure... who could be against it? It was designed to help small family farms at a time when prices were collapsing. Now that Frankenstein is alive, you can't kill it... it grows and grows.
And that is just what the Frankenstein Farm Bill has done.... grown and grown:
- A "small family farm" now = $2.5 million in AGI ... Is that a small business to you?
- Prices have risen so much that farm incomes are 51% above the past 10 year average... is that an environment of collapsing prices?

Small farms .... nope!
Prices collapsing ... nope ... the opposite!


2 Lessons For All Of Us To Learn
  1. Until we hold Republicans accountable, we will get RINO behavior. Until we hold RINOS responsible and kick them out, we will have more and more conservatives tempted to migrate away from our core values in order to buy power with our tax dollars.
  2. There is no such thing as a small, safe, targeted government program. Every single one is Frankenstein. You can't kill it and it will continue to grow. (The Prescription Drug Bill from a few years ago is the next Frankenstein Farm Bill.)
Homework
  1. Join THE CLUB FOR GROWTH ... do it today. The link is to the left. They support candidates that are truly free market and truly small government advocates. Further, they are great at targeting races where your $$$ can make a difference. Your ROI is terrific!
  2. Find out how your Congressman and Senators voted. If they voted to override the veto. ...call to complain, show up at a town hall and complain, find another candidate to support, or run yourself.
Do something! Do it now!                                                                  Byron Smith Blog

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