Paul Davis
2 min readAug 13, 2018

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I hope you meant every word you said, because I see some doors opening into territory you might not have, at some level, wanted to consider.

For example, you said, “… a government that feels secure in standing up against special interests and not become their lapdogs or merely an extension of K-Street.” My first thought was, “Where does this government come from?” Do we do it with fairy dust? Maybe you have this all set up in your mind, the mechanism for producing this magical, secure government impervious to special interests and so on. I don’t mean to be making fun of you here, it just seems really implausible, but that wouldn’t be the first time I missed out on something, so please bring me up to speed.

The next thing that caught my eye was “The Congress became weak when it got filled up with a bunch of guys who had no interest in governing …” and my response was much the same: “How did that happen?” Was it an astrological alignment of the planets? Sorry again for being sarcastic, but wha…? If this is a key part of the problem, what’s the cause of it, and then what’s your solution after you’ve told us the cause? Or are they all just accidentally bad people, so we could fix everything by doing a re-enactment of the Defenestration of Prague?

And then we get to the paragraph justifying, apparently, the morass of Federal regulations. As if, “No problems here, folks, just whiners carping about the little nits they don’t like. Let’s move along.”

I’m like, “Really?”

This would be too huge of a subject to delve into in a little exchange like this, but it’s so loaded with shaky premises about the value of these regulations that I want to exhort you to look into this more deeply. For example, “… signed away rules that had protected average Americans since the 1930s. Result was the 2008 financial crises where million lost their homes.”

I’m like, “Whoa, whoa, whoa!”

That narrative is self-serving to its State promoters (and their media lackeys), but that would be okay if it weren’t false. I’m not motivated enough here to do the scholarship one might want to see in an article … providing citations and links. All I can say is there is a ton of economic analysis that puts the roots of the 2008 crisis right at the doorstep of the Federal regulators themselves. The big banks were big players, yes, and they pulled some nasty shenanigans, true, but they weren’t the ones that distorted the market to the point where it had to crash to heal itself. That was the handiwork of the Federal mortgage lending system and, to some extent, the Federal Reserve.

Again, this is far too big a subject for us to resolve in a little comments dialog like this. I just want to encourage you to give the matter some further critical examination, with a mind open to the possibility that the politicians and bureaucrats aren’t the master race they want us all to believe in.

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Paul Davis
Paul Davis

Written by Paul Davis

Nomadic writer, realist, voluntaryist, nudist, singer, drummer, harmonica and recorder player, composer, gadfly, runner, troublemaker, survivor so far.

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