Welfare, like greed, has many faces.
Thomas Jefferson warned us that as soon as people learn they can vote themselves money from the treasury, it will signal the end of our republic.
The occupiers talk about the 1%. Americans point fingers at Wall Street. Ron Paul tells us to audit the Fed. All are bemoaning the same prediction Jefferson warned us about. A most insidious “get rich quick” scheme may just be the use of the ballot to tap into the public treasury and separate citizens from their wealth. The new business model is simple. Pull together a few wealthy, conflicted interests, and stick a tax on the ballot making baseless promises and vote yourself largess from the public treasury. It works like a charm and it is being copied everywhere.
In 2004, Stowers Institute spent over $30 million and passed the constitutional right to clone and kill in Missouri. Cloners felt so good about their prospects that they duped California voters into going much further and voting a $3 billion bond issue - Billion with a B - to annually fund cloning research. Proposition 71 passed with almost 60% of the benevolent but deluded Californians hoping to find cures for their ill neighbors and celebrities like Michael J. Fox. So how have Californians done? The score: Researchers: $ Billions-Sick people: Nada.
California is broke. Katy Grimes, at Cal Watchdog reports that the figure is over $41 billion, which is far higher than the $17 billion that the lapdogs in the mainstream media will report. How can taxpayers justify junkets to Vegas when they cannot afford their mortgage? The answer: Who cares? Californians voted to obligate themselves, so dialing the spending back is not an option. Sadly, California taxpayers have shown themselves so pathetically gullible that they have been targeted again.
The state that spends almost as much as the national treasury on cloning research, with zero cures or payoffs of any sort, is now polling in favor of voting over $800 million a year in new spending. This time, the sell exploits cancer victims.
Today, at 11:20 AM PT: Get the Market Movements in Advance; Williams Edge Webinar for July 28th, 2014 | John Ransom