Posted on 04/19/2015 1:59:34 PM PDT by afraidfortherepublic
In oral arguments Wednesday, the Supreme Court will hear the government defend its kleptocratic behavior while administering an indefensible law. The Agricultural Marketing Agreement Act of 1937 is among the measures by which New Dealers tried and failed to regulate and mandate America back to prosperity. Seventy-eight years later, it is the government’s reason for stealing Marvin and Laura Horne’s raisins.
New Dealers had bushels of theories, including this: In an economic depression, prices fall, so a recovery will occur when government compels prices to stabilize above where a free market would put them. So Franklin Delano Roosevelt’s “brains trust” produced “price stabilization” programs by which the government would fine-tune the supply of and demand for various commodities. In 1949, this regulatory itch was institutionalized in the Raisin Administrative Committee (RAC). Today it wants the Hornes to ante up about $700,000. They could instead have turned over more than 1 million pounds of raisins — at least four years of their production.
(Excerpt) Read more at washingtonpost.com ...
So liberals are too stupid to distinguish between cause and result? They think they can pump the causality pipe backwards? What am I saying, of course they're that stupid/arrogant. They're liberals.
The second hubris in this "plan": The idea that anyone, let alone a government drone, let alone a LIBERAL goobermint drone, knows what the free market price of something is without waiting for the market to tell him. Morons. ARROGANT morons.
The same ARROGANT morons who are going to control the climate.
Looters
I thought this was going to be an article about the Republicans on Capitol Hill. Same thing, different vein... ;)
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