Saturday, October 10, 2009

Honest Reaganites: Ponder a Contradiction and the Theocracy Threat (July 19, 2009)

A Tea Partier at says he is an Independent, his favorite book is Atlas Shrugged by Ayn Rand, and his favorite President is Ronald Reagan. He says, “I am a Tea Partier because I have a strong intrinsic commitment to individual freedom, free markets, and the constitution….”

Reaganites profess to revere individual freedom and free markets, yet President Reagan was anti-capitalism. Not a single antitrust law was repealed or amended under his watch. In 1985, more than a dozen executives from electrical contracting firms were jailed for antitrust violations.

Free competition enforced by law is a contradiction. Under the Antitrust laws, no matter what a businessman does, he becomes a criminal. If he charges prices deemed too high, he is guilty of monopoly or the ‘intent to monopolize’; if he charges prices lower than those of his competitors, he is guilty of ‘unfair competition’ or ‘restraint of trade’; and if he charges the same prices as his competitors, they are all guilty of ‘collusion’ or ‘conspiracy.’

Full disclosure and insider trading laws allow intervention by force into the very process of gaining and using knowledge. Intellectual egalitarianism, the belief that the minds and the knowledge of all men must be equalized, is their root premise.

John Shad, SEC chairman in the Reagan Administration, initiated the explosive growth of insider trading prosecutions in 1981. He said about defining unfair use: “Once you get one, it doesn’t take sophisticated minds long to figure out where the edges are.”

Laws without edges are tyrannical. A conscious effort to avoid defining unfair use, rendering the most honest bankers and investors vulnerable to prosecution and persecution, is evil. President Reagan sanctioned this evil.

Politics defines the principles of how man should treat other men. Political freedom is an individual’s freedom from physical compulsion, coercion, or interference by the government. The government holds a monopoly on the use of force. Injecting private matters, e.g. family values, into the realm of coercive power is rights-infringement.

Advocates of a law declaring that a human zygote is an actual human being are theocrats, the moral descendants of Galileo’s persecutors. Using a zygote to justify imposing a tortured life on a girl/woman and the child she would bear is akin to decreeing “The sun revolves around the Earth” as scientific fact.

Theocrats spurn God’s greatest gift: reason. Instead of using reason and persuasion to advance their values, they advocate using coercion.

It is logical that anti-capitalists, like President Reagan, would insidiously pave the way towards theocracy.

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