Saturday May 01, 2010
TALK TO THE INVISIBLE HAND. Joshua Green is pleased that new government regs made it easier for him to figure out the details of home loans offers, which in his previous experience had been difficult to parse ("I remember poring over lenders' estimates for hours trying to spot the junk fees and figure out which deal was best"). He thinks that's a good use of the power of government. At Ace of Spades, DrewM disagrees:
Look, congrats on the new home and all but the government doesn't exist to make it easier for people to understand what they are getting themselves in to when they are buying a house.
In a way this is a refreshing change from the usual "Blargh-har, gummint cain't do nuthin' right, Obamacare will kill you!" argument we get from rightbloggers. And it cleaves to the pure, doctrinaire libertarian argument that if you like any government services beyond national defense and the post office -- oops, forgot, the post office has been removed from the "acceptable" list -- you are a sheeple-looter.
The Obama fascist-socialist agenda is just kicking off and conclusive proof that it is destroying America has yet to emerge. So most of that kind of talk -- I was going to make a link here, but you can just go to Hit & Run and look around -- is speculative. You just know these government schemes will all end in Hitler! It just stands to Reagan!
And if even one of them seems to produce a good effect, there must be some mistake. DrewM advances the Randian argument that helping is futile ("I don't want to rain of Green's parade but being relived of individual adult responsibilities is not a triumph"). And he insists that if the Market did not provide this kind of service, it must not be worth having:
I bet there are banks or lenders out there that would provide this kind of service if requested or because that kind of customer service is a selling point for them. Why should the government take away their competitive advantage by mandating everyone provide the same information? How do we know the bureaucrats mandated the right information be shared? There's no feedback like in a market place, simply commands.
Americans' awareness of their own history has degenerated to the point where many citizens believe the American Revolution was a Tea Party at which the colonists battled socialism, and that the ensuing 200+ years have been a protracted struggle against socialism in its many guises (Indians, Spain, Hitler, Obama).
If they've heard of the FDA, they probably disapprove of it, and believe that without it the Market would have eventually gotten around to limiting the amount of rat shit they get in their canned food, and it would be much better than what we have now because it'd be from the Market. And the same goes for integration, voting rights, clean air and water, etc.
Like a lot of people, I could easily say "I'm libertarian when it comes to..." and then rattle off a bunch of stuff like gun rights, smoking bans, etc. I don't, though -- not because I'm ashamed of my positions, but because I'm ashamed to be associated in any way with libertarians.