“Fathom the stupidity of a Government that will require every citizen to prove they are insured……but not prove they are a citizen”
George Rebane
Today we are reminded again that there are legally sane people out there among and even ruling us who believe that doing the same stupid thing which caused their problems in the first place are worth doing over again in order to solve them. Both New York and California are vying for the ‘Economics Idiot of the Century’ award by attempting to cure their economies and budgetary ills in one swell foop by raising taxes on their residents. Given that both states are union ruled, any serious economic reform is out of the question.
And, of course, the advertised source of the new tax revenues is those ever evil ‘rich’ who already pay the lion’s share of the states’ taxes, and whose unreliable income streams and ready defections to more suitable tax climates have left New York and California high and dry. California especially is hurting because our dumbed down electorate is already way beyond the Peter/Paul Principle tipping point. And Moonbeam knows this as he prepares the state’s tax increase to be voted on by the Golden State’s gimmes. It’s a lead pipe cinch that the initiative will pass because it will be promoted as part of the national ‘fair share’ and new progressive taxes campaign that 0bama has been preaching from the pulpit. (More details on these dual tragedies here)
Speaking of President 0bama, the man again made it official yesterday in Kansas when he clearly touted his “progressive administration” as the saving grace of the nation. For the last several years on this and other blogs we’ve noted that our neighbors on the Left continue to accuse those using ‘progressive’, 'liberal', and ‘socialist’ to label their political behavior as launching ad hominem attacks using dirty words. It is hard to tell where one should restart their educational process. No attempts on these pages have made any impact.
Kakistocracy? That’s a delightfully useful word that means “government by the worst persons; a form of government in which the worst persons are in power.” When it comes to pursuing ignorant and unproductive policies, it’s hard to think of a worse dynamic trio than 0bama, Cuomo, and Moonbeam leading their jurisdictions to ruin. (BTW, 0bama is spelled with a zero isn’t it?)
[8dec2011 update] The Jon Corzine farce is playing out on its own. As he stands in front of Congressional committees attempting to deflect the blame for MF Global’s collapse and the mysterious disappearance of $1.2B of investors’ money, he displays himself as a man of comprehensive incompetence in both his political and professional lives. He is detached from the goings on of operations in which he should have had both hands on the wheel. The man made his bones by dodging and weaving and being endorsed by other significant know-nothings into positions that allowed him to assure his ascendancy by writing big checks to politicians in power. But all that is neither here nor there.
To continue the theme of this post, we have to recall the kinds of people our experience-free President has surrounded himself with. The point in fact is that Jon Corzine was another example of candidates for top jobs. Corzine and Geithner were both on the SecTreas shortlist. Given Geithner’s record, I’m not sure that Corzine would have done worse.
[10dec2011 update] Another semanticist and RR reader included this contribution to the present theme.
Finally, a way to describe Obama and his voters.
Ineptocracy (in-ep-toc’-ra-cy) – a system of government where the least capable to lead are elected by the least capable of producing, and where the members of society least likely to sustain themselves or succeed, are rewarded with goods and services paid for by the confiscated wealth of a diminishing number of producers.
rebanesruminations.com 
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