The Command Perspective

Republicans profess a great belief in free enterprise, a chaotic economic competition described by Adam Smith's as individual's working in their self interest creating a general prosperity through an invisible hand; yet appear incapable of understanding the implication that such a system requires many undirected players. On the other hand being of the managerial class they have an aversion to undirected individuals. Quick to decry the nanny state yet eager to be the nanny the GOP needs a redirect back to the Wealth of Nations if they are not to wither into oblivion.

Joe Biden's response last week in the Vice Presidential debate that in spite of deeply held Catholic belief he was not inclined to impose his will on women in particular and those of other faiths in general. Paul Ryan on the other hand came across as beyond reproach and willing to do the Ayatollah's bidding. Ouch! So many instances in history of economic freedom masking an inquisition. It doesn't take much to further assume that Ryan is against gay marriage, which is difficult to square with the pursuit of life, liberty and the pursuit of happiness. And while we are in the mood of telling people what to do; how about increasing our military budget so that we get to tell other countries what to do?

Until the GOP can shuck aside the command perspective and let the Church provide moral persuasion and Government a free economic environment the party is doomed. Let's take Dodd Frank for example. Democrats concoct a heavily regulated nightmare of a piece of legislation and what is the Romney response? Yes we need regulation, but Dodd Frank needs some tweaking. Really? Is that all? The simplest and cleanest solution is the NTBTF title of this blog. Make every banking institution small enough so that no one but it's stockholders cares whether it fails or not. If it is government insured then it is regulated and managed by the FDIC. If it's not, then expect greater compensation to cover risk from a non bank and un-insured investment. This solution strikes me as rather more similar to the broad make up of the Constitution than the micro managing legislation determining the gallonage of a toilet flush. Is Romney enough of a TR to bust up the current bank trusts? I don't see it not nor do I think that Republicans think in terms that if Democrats are the party of the minutiae that they should be the counter to it.