by Gary C. Gibson

Created on: January 10, 2009   Last Updated: January 12, 2009

The Republican Party has a number of historical positions on issues, one that is alive and well is the no-regulation myth. Externalities to corporate profit are at the heart of private interest. Private interest defense against the sticky fingers of others such as raiders, thieves and government is a perennial battle. People like Robert Mugabe just took all those privately held farms and everything else of value, while the colonizers before representing foreign government expropriated the lifestyle and natural resources of those indigenous that had formerly lived nearly carefree lives (except for all the pestilence, famine and war that were ambient natural elements of life back then). The balance between the public right to halt encroachment upon public liberties and properties both public and private by special interests and vice versa is one of the basic dynamic properties of a free government and a democratic society. Government's necessary role is to direct free enterprise and capitalist ventures in right rather than wrong directions.

The no government regulation myth is one of the most favored ideologies of right wing talk radio. It is the premise being used presently in opposition to the Obama economic reinvestment plan to stimulate the U.S. economy with an 800 billion dollar program to create jobs (3 million). Right wing radio descries the theory of big government and big government spending whenever a Democrat plans to spend a lot of money (its o.k. if a Republican spends the money generally).
President-elect Obama's plan to spend 800 billion seems a tit for tat follow up to the easy breezy Democratic Congressional sign-off to give President Bush the 750 billion he wanted to buy up mortgages in default but that he used to give banks with cash liquidity draught spending money for their formerly deep pockets. It was a see you and raise you political move to overcome the' false political consciousness' and dis-ingenuousness of the Republican big government is the problem platform.

Reasonable people know that debts cannot become more than income over a substantial period with creating economic harm that need be corrected in some way. Crank realists of the Republican globalist set tend to believe that absolute material wealth is the highest good and that it must be their own. The way that wealth is created such as through oil, autos and stick frame houses may be increasingly anachronistic and anti-modern but that is o.k. as it's the real possession of wealth

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