Our Idiot Brother

by
Steve MacDonald

Walter Hudson over at Pajamas Media has a great commentary on OWS and the comparison to the TEA party, called ‘Our Idiot Brother…’

The consensus such as it is among Occupiers is that bankers, corporations, and the wealthy are to blame for the nation’s wrecked economy. The Tea Party recognizes that government is the chief actor. It’s not as though Goldman Sachs or Chrysler can tax Americans. Only government can do that. Only government can bail out private interests with public funds.

By failing to recognize the government’s role in the bailouts, Occupiers find themselves in the paradoxical position of advocating precisely what they claim to protest. Occupiers typically call for some form of wealth redistribution. They call for taxing the wealthy to provide for everyone else. What they don’t seem to realize is that the bailouts they claim to be against were precisely that! By definition, a government bailout is the seizure and redistribution of wealth to insulate bad actors from malinvestment.

Read the whole thing here.

Author

  • Steve MacDonald

    Steve is a long-time New Hampshire resident, blogger, and a member of the Board of directors of The 603 Alliance. He is the owner of Grok Media LLC and the Managing Editor of GraniteGrok.com, a former board member of the Republican Liberty Caucus of New Hampshire, and a past contributor to the Franklin Center for Public Policy.

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