(5/10/2004)
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Proposed List Of Demands For Occupy Wall St Movement!
A guy named Lloyd J. Hart proposes a list of DEMANDS the Occupy Wall St. protestors might make, assuming they succeed at, well, I’m not exactly sure what they are trying to accomplish, though I sympathize with the impulse. The demands are listed here. Iam going to take the bait and critique each demand;
This is actually two or three demands, as far as I can tell. The first demand, a high, protectionist tarriff, has an easy answer – Mr. Smoot, meet Mr. Hawley ( from the US State Department website); “U.S. exports to Europe fell from $2,341 million in 1929 to $784 million in 1932. Overall, world trade declined by some 66% between 1929 and 1934.” Also a $20 minimum wage, which will have the immediate effect of rendering everyone whose marginal revenue product is less than $20 unemployed and unemployable forever, or at least as long as it takes for the stupidity of said law to become grotesquely apparent.
Actually, the only effect medical insurance would have in a completely free market for medical care is that people who have uncertainty about the likelihood of future major medical medical expenses purchase inexpensive catastrophic coverage, and the provider of said coverage makes a profit. Otherwise, everyone else enjoys cheap, freely-available healthcare, unburdened by the awful AMA and FDA.
Extends demand 1A to people who cannot or will not produce a marginal revenue product at all. As if subsidizing unemployment has ever done anything but create more of it.
Already done. You can get the very best college education imaginable completely free ,well, almost. You have to have a computer and an internet connection to access MIT’s entire curriculum for free, on line. Beats the hell out of spending $250,000, and six years at a shitty state school, drinking beer and hooking up, doesn’t it?
Already well underway. The rise in price of fossil fuels (when you tease out Fed inflation) is moving slowly and steadily upward. Or, at least it would be without massive government subsidies to fossil fuel industries such as pollution permits, tax policy, and direct military intervention. Nuclear power has an even worse government subsidy regime. And as for current alternative energy policies, they only serve to subsidize old tech, are economically dubious at best, or, as in the case of Solyndra, ethanol, and other boondoggles cross the line into criminality and fraud.
Again, mostly done. the Obama Stimulus spent, what, $750 billion on exactly that. And as you can see, all of our pressing infrastructure needs are completely resolved.
7a) Give all federal lands back to nature and allow anyone to homestead them. 7b) End the TVA and BPA, here and all other monstrous Federal Dam authorities. 7c) End Price-Anderson, The Department of Energy, the Nuclear Regulatory Commission, and all state Public Utility Commissions, and make the contractors who built them and the companies that run them fully liable for any damage to persons or property.
8a) Done, see the 13th amendment. 8b) Tried that, almost passed until women realized what a raw deal it was for them.
Easy enough. End the Drug War and the Welfare state, or at least put a time threshold on collecting benefits, say 5 years. Then an open border would be welfare-neutral. Small side-effect though – immigrants will work you out of a job, kinda neutralizes Demand 1A.
Not sure how this helps, when there is no real choice in US elections, but OK, I’ll give you that one.
11a) Forgiveness of sovereign debt – Well, finally a demand we wholeheartedly agree with! I didn’t consent to any politician running up a debt, I damn sure don’t want me, my children, or my great-great-great-great grandchildren held responsible to pay for Bush’s and Obama’s wars; 11b)Commercial loans already have a forgivenness provision, it’s called BANKRUPTCY; 11c) Ditto for individuals; 11d) I told you you can get a college education for free, why the hell did you take out crushing loans?; 11e) See 11a); 11f) Are you sh!tting me? Letting the BANKS out of their obligations? They have already been bailed out tho the tune of $TRILLIONS. You sound like a corporatist! I assume this was an oversight.
Tough to do, we do have a thing called the First Amendment.
DONE. Any worker can sign any paper at any time now. Oh, you mean then that an employer has to recognize said paper as a legal binding obligation on him under penalty of law! Um, that’s going to be difficult to do. There are a lot of unemployed people already who will not likely favor this idea once it becomes apparent that this will make unemployment worse.
A complete non-sequitur, but OK, let’s see how it pans out.
But come on, people, where is the radicalism? Where are the demands to End the Wars, End the Drug War, and End the Federal Reserve? Too busy grabbing socialist loot I guess.
That’s OK – Ron Paul has got you covered.