Hidden Effects: Candidate Proposals -08

-Posted by D. Worth (US) | for- M. Barbay (France)
-Barbay painting in Moujan for Moscow Exhibit. Recent posts (below)

Americans who used bad judgment resulting in destructive sub-prime...
Bastiat of the 1800's warned us of candidates (below) who favor Gov. bail-outs; and this will target taxpayers who used good judgment... But subprime is not the only questionable threat toward Free Enterprise...

Interesting article at instapundit which speaks of Free markets and their hard-to-find defenders. Political classes have nothing to gain from freedom.#

Programs by Clinton and Obama: Extend toward downturn...

Are positions laid out for 08 elections? # and # and: # and #
Where are the economist blueprints to substantiate the liberal's "feel-good promises" during a weak economy?

Claude Frédéric Bastiat Warns of Excessive Economic Liberalism.
I’ve an interesting position of analysis from here in France… And from a libertarian perspective, we might choose to take a closer look at the "hidden effects" proposed in a US Democrat programs of leadership...

From 1846 French defender of the free market, private property, and an opponent of government mandated destruction; & forgotten figure in Europe:
Bastiat's Warnings of Hidden effects of Protectionists' Policy:
"But how is this legal plunder to be identified? Quite simply; see if the law takes from some persons what belongs to them, and gives it to other persons to whom it does not belong. See if the law benefits one citizen at the expense of another by doing what the citizen himself cannot do without committing a crime."
— Frédéric Bastiat from The Law

"If the natural tendencies of mankind are so bad that it is not safe to permit people to be free, how is it that the tendencies of these organizers are always good? Do not the legislators and their appointed agents also belong to the human race? Or do they believe that they themselves are made of a finer clay than the rest of mankind?" #
Frédéric Bastiat's Definition of, "The Common Good"
“LÉtat c’est la grande fiction à travers laquelle tout le monde s’efforce de vivre aux dépens de tout le monde.”
(The state is a great fiction, where everyone tries to live at the expense of everyone else)

NOTE: Democrats, Republicans, or Libertarians... Be sure you examine the extra taxation; and know the consequence of a vote which might require a look beyond your loyalty to specific party; to avert the potential for Class conflicts & Racial Divides... (Often disguised as a strive for economical Harmony.)

Bastiat described economics as an intellectual endeavor is virtually identical to what modern Austrians label the science of human action, or praxaeology.Example of promises by new candidates...(BIO)

Bastiat is a good example of how the French intellectual tradition is not merely limited to socialists and European style conservatism; but that there is a strong classical liberal/libertarian strain as well...
Tocqueville et Claude Frédéric Bastiat -2008!

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