Well, guys, it's all a matter of scale, isn't it? No one's
screaming when our government gives huge tax breaks to companies just to move
here. No one analyzes where the break even points in those subsidies are. Hatch
proudly advertises he keeps the federal government from closing Hill AFB and
saving local jobs, and no one complains about cronyism there. When the scale
affects your paycheck it's right on, right? It is probably the right thing
to do, the federal government supporting in relatively small ways some kinds of
new industry that could be very useful to the country in the long run, both
green projects. We are falling behind the rest of the world in "innovative
development," actually. This is not a pro Hatch statement, it's a pro
intervention comment--intervention is sometimes a good thing, sometimes not. To
aid some rich guy, probably not. To make progress toward a cleaner world,
probably good. To close your mind and brain and "just say no" or just
say "yes" is not a good use of what your creator gave you, though.
This is precisely what happens to you when you stay in Washington DC too long.
You become a part of it. You become a pickled politician.This story
makes me want to rush out and make up some fake company and then lobby Senator
Hatch for some sweet government cash. It'd be the quickest million
I'll ever make.
Orrin Hatch has now become an industry. For dozens of former staff members (not
to mention his campaign team), he has become a source of six-figure salaries,
paid for by the kind of crony capitalism Erik so delightfully skewers in his
article. This is not capitalism, but rent-seeking: the use of government power
to gain a competitive advantage, through regulation of competitors, subsidies,
or trade and tariff protections.These things are the antithesis of
capitalism, but they are the warp and woof of Hatch Inc. (established 1976, and
still going strong).g
Raser Technologies is Sen. Hatch's "Solyndra." And, as last
week's radio debate shows, Hatch makes no apologies for diverting taxpayer
funds to this bankrupt "green energy" company. Wow. Voters should be
as outraged at Hatch as they are about Obama and Solyndra.But maybe
this story shouldn't surprise us, because it's consistent with
Hatch's other big-government/over-spending behavior in recent years. Too
much time in Washington tends to corrupt honest motives and principles. Now
Hatch's primary motive is to keep his grasp on power. He used to be a
great senator, but he should have stepped down several terms ago, like Jake Garn
Hatch knows who his friends are and what they need his to steer their way.
To "LDS Liberal" I am not sure what article you read, but I don't
think it was this one. This was NOT an anti-capitalism article. It was an
anti-Hatch article in that it showed how he was abandoning the free market in
favor of the government picking the winners and losers.
Senator Hatch's campaign slogan ("Orrin Hatch--Unapologetically
Fighting for Utah!") tells the entire story. He really believes that Utahns
crave more federal dollars landing in Utah (he is careful not to mention the
massive additional cost for the projects promised in trade to other Senators to
bring home that bacon).Really Senator? We’re broke! We already
owe more than $5,100,000,000,000 to China, Japan and more than 35 other
countries! I know that pork-barrel politics has been standard operating
procedure in Washington from since forever, but it HAS TO STOP!! That $5.1
trillion represents $68,000 for every child in America—truly fiscal child
abuse as Dan Liljenquist noted.Enough of this nonsense! Senator
Hatch should not get a pass for all the big spending programs for which he has
voted just because a) they were “good” programs or b) because they
“came in less than the projections” or c) because they are
“for Utah”.When you’re broke, you’re broke.
TIME FOR BEANS AND RICE, NOT PORK!
All the MORE reason to oust Hatch. Crony capitalism and/or "backdoor
deals" are a good part of whats bankrupting our country whether its by the
"R's" or the "D's".
My Stars!The Deseret News actually published an anti-Capitalism
article?!Maybe because it's the TRUTH.And we all know
sometimes, the TRUTH hurts.Way to go DN.There's hope with
Foolish people vote without studying the issues and knowing the records of the
candidates. Poor baby Orrin Hatch was called out for crony capitalism again was
he, it's time to retire Hatch. All the GOP care about is more big guns
for the hunters, subsidies for the Koch Brother's and their "Rich and
Famous" friends. That's "welfare for the rich" government,
subsidies to big business, pork-barrel Pentagon contracts to weapons makers,
huge tax breaks for wealthy individuals, and most recently, colossal contracts
for reconstruction to politically connected companies like Halliburton.
Bureaucrats and politicians in Washington DC reminds me of "Elite
Showdogs" that is an invitation-only e-mail list of long-time breeders, K
Street and Wall Street exhibitors and judges that are judicial activist's.
These politicians in Washington DC wear a GPS collar attachment to be found
faster, so these K Street and Wall Street exhibitors can walk them around using
a chain in circles until their dizzy enough to cave into them and give them what
they want.No RNC or DNC organization owns my vote, I will give it to
whoever I feel will serve the nation best. My truthful views.