Sacred Cows

We tax all the others and pass the revenue on to you

What about eliminating farm subsidies? "But prices will go up" is the lament. If market economics has any validity at all, higher prices will attract more sellers and growers and bring fallow land back into production, lowering and stabilizing prices. If there's money in beets then people are going to grow beets, even if they have to do it in their back yards.

"It will force more farmers out of business." Maybe, but they aren't the family farmers of Norman Rockwell paintings. They are the agri-giants and if they can't compete, they fail. Just like you. What they stop doing is sucking up your tax revenue in the process.

When milk price supports were eliminated did you notice? No. Dairies that couldn't make it without your tax dollars were either bought out by others who could or went out of business. That's the market for you.

I like the prez's position on this but I think it should go a lot further; I don't like his chances, though.

* * * * *

Last week Annette Nazareth looked like a cinch to become TimmyG's deputy. Nope. She dropped him like last summer's boyfriend.

H. Rodgin Cohen did the same thing yesterday, withdrew his name from consideration for DepSecTreas, not the boyfriend thing.

They must figure there's no point in taking the pay cut and losing your credibility.

Who ever imagined that the DeptTreas would run the American economy?

* * * * *

Switzerland and Austria are loosening their bank secrecy laws... a little bit. And I only mentioned it yesterday. Oh, the power of the press. Or the prez. Good onya, prez. And TimmyG? Good on you, too.

Taxation with representation ain't so hot either. -- Gerald Barzan