A Stitch in Haste

A Stitch in Time Saves Nine...But Haste Makes Waste

A collection of real-world libertarian, individualist and laissez-faire rants on law, economics, politics, culture and other current events
by an average, everyday lawyer & investment banker and part-time pop scholar.

Where Does One Draw the "Liberal-tarian" Line?
(Why aren't you reading this at the new website?)

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I don't think it's supposed to be here:
Democratic presidential candidate Barack Obama sought to tap into Americans' anxiety over high gasoline prices on Monday by saying he would impose a windfall profits tax on U.S. oil companies if elected.
...
"I'll make oil companies like Exxon pay a tax on their windfall profits, and we'll use the money to help families pay for their skyrocketing energy costs and other bills," the Illinois senator said.
I was sure that a post-Clinton Obama would immediately move to the center and refrain from blathering hopeless gobbledygook like this. I hope this one issue is an isolated exception and not a sign of things to come.

I especially chuckled at this -- apparently from the same speech:
Obama said he would seek a reform of the U.S. tax code if elected in November, saying the current tax system is a "10,000-page monstrosity."
But of course reform can only come after Obama first adds his "liberaltarian" 10,001st page on behalf of the ignoranti who irrationally loathe Exxon -- and, vicariously, themselves.
Posted by Kip on 9 June 2008


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