2012 Endorsements: Benjamin Franklin

Posted by PITHOCRATES - October 15th, 2012

2012 Election

Franklin understood Wealth was not Money but the Talent and Ability of the Entrepreneurs and Artisans

Benjamin Franklin was born into the middle class.  A proud member of what he called the middling people.  Entrepreneurs.  And the very definition of what it meant to be American.  Hard-working people.  Who built success based on diligence, frugality and honesty.  People who strived to live a virtuous life.  Even if they sometimes faltered.  Franklin believed doing good works led to salvation.  He believed in God and was tolerant of all religions.  Especially if they were charitable and helped others, making the world a better place.  So when he could he gave back to his community.  And to his country.  He would die a famous rich man.  But he always thought of himself as that middle class printer.  Who worked hard.  And tried to be virtuous.  Sometimes he failed.  But he did a lot of good along the way.

When he arrived in Philadelphia he had only one Dutch dollar.  He secured employment with a printer where he worked with industry and frugality.  From his first days as an apprentice.  To when he was a small business owner.  Later, on a return trip from London, he came up with four resolutions to live a better life.  1.) It is necessary for me to be extremely frugal for some time, till I have paid what I owe.  2.) To endeavor to speak the truth in every instance; to give nobody expectations that are not likely to be answered, but aim at sincerity in every word and action—the most amiable excellence in a rational being.  3.) To apply myself industriously to whatever business I take in hand, and not divert my mind from my business by any foolish project of suddenly growing rich; for industry and patience are the surest means of plenty.  4.) I resolve to speak ill of no man whatever.

When Franklin opened his own business with a partner he put in long hours.  He worked late into the evening (even working overnight when the work required it).  And started work before most others started their workday.  Being a businessman he understood money.  And the cost of borrowing.  He favored the expansion of the money supply to lower interest rates to lower the cost of borrowing for business.  However, he also understood wealth was not money.  But the talent and ability of the entrepreneurs and artisans.  Those middling people who worked with industry and frugality who offered goods and services for sale.  Purchased largely by other middling people.  The basic barter system improved by money.

Franklin believed in Limited Government and worried about too much Social Engineering

When Franklin became a newspaper publisher (i.e., writer/printer/marketer of a newspaper) he refused to become partisan.  In part because he didn’t want to limit his income.  But also for another reason.  He believed in free expression.  And said, “Printers are educated in the belief that when men differ in opinion, both sides ought equally to have the advantage of being heard by the public; and that when Truth and Error have fair play, the former is always an overmatch for the latter.”  Words framed and hung in many a newsroom since.  But he wouldn’t print everything.  He refrained from printing things that were scurrilous.  Immoral.  Or might hurt someone personally.

Franklin believed in rugged individualism.  He worked hard to acquire wealth.  And after he did he helped his community.  He helped organize volunteer fire companies.  Suggested a progressive tax on property to pay for a full-time police force.  Improved the post office.  Organized the Pennsylvania Militia during King George’s War against the French and their Indian allies in America.  (The local militia company elected Franklin to command it but he declined, saying he was unqualified and, instead, served as a common soldier.)  He retired from his printing and media empire at 42.  Set for life financially.  Then he became a scientist.  An inventor.  Then statesman.  With always an eye to detail.  And favored being practical over being rigidly dogmatic.

Franklin believed in limited government.  And had a problem with authority.  But he also believed in order.  And a place for government.  He believed in public-private partnerships and created the matching grant (matching a sum raised privately with an equal sum from the government).  He believed in charity.  Offering a helping hand.  And he was a civil activist.  Always tried to improve his community.  However, he worried about too much social engineering.  And unintended consequences.  Even worried that by helping the poor too much government could make them dependent.  And lazy.  For he built his wealth after arriving in Philadelphia with one Dutch dollar in his pocket.  It was hard work that made his success.  Not charity or dependence.

If Benjamin Franklin were here Today he would likely Endorse the Republicans in the 2012 Election

Franklin would go on to be one of the strongest supporters of Independence from Britain.  He helped edit the Declaration of Independence.  Sat in the Constitutional Convention.  And signed both documents.  As well as the Franco-American treaties bringing the French into the American Revolution.  And the Treaty of Paris officially ending the American Revolution.  He was a Founding Father.  Perhaps as indispensable as George Washington.   So if Franklin were here today what would he think about the country he helped create?  And who would he endorse in the 2012 election?

First of all he would be appalled at the size of the federal government.  Which would be unrecognizable to him from the limited government he helped create.  He would find the taxes and regulations on business suffocating to the entrepreneurial spirit.  Dissuading who knows how many from working those long hours.  Like he did.  He spent his time doing what he loved.  Printing, publishing, writing, etc.  Not hiring lawyers and accountants to help him pay his taxes and comply with regulations.  He would like the cheap credit available to business but he would have been shocked by the level of government spending and the level of the federal debt.  For the federal government is anything but frugal.  And the size of the welfare state, the amount of people receiving federal benefits, would have confirmed his fears about too much social engineering.  The blatant bias in the media would have disturbed his nonpartisan senses greatly.  Finally, being someone who rose from the middle class and built his own wealth he would have been greatly offended by the class warfare in politics today.

So who would Franklin endorse in the 2012 election?  Well, the Democrats want to make government bigger.  They want to increase taxes and regulations.  With Obamacare being a big one that will discourage many small businesses from growing.  The current Democrat administration has been the least frugal of all administrations.  Their spending having even caused a credit downgrade.  Their stimulus bill did not benefit the middling people.  Instead, most of that money went to rich Democrat donors.  They want to increase an already immense welfare state.  Which under the current administration has set a record for the number of people on food stamps.  Other than one cable channel (FOX News) and talk radio most media has a liberal bias.  Where truth and error do NOT have fair play.  And it’s the Democrats that push class warfare.  Who want to transfer even more of the tax burden to the wealthy.  Even though the top 10% of earners are already paying about 70% of the taxes.  While the Republicans want to cut taxes and regulations.  Cut spending.  Shrink the size of government.  And provide a business-friendly environment.  So others may start a business and rise up from the middle class.  Who can then give back to their community.  Like Franklin did.  So it is likely that if Franklin were here today he would endorse the party that was closer to his political and business philosophies.  The Republicans.  And the Romney-Ryan ticket.

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Liberals are more Concerned with Poop, Pee and Booze than Jobs

Posted by PITHOCRATES - October 15th, 2010

Liberals Legislating How We Go to the Potty

President Obama talked about using a laser-like focus on creating jobs.  A year or so later, the economy is worse.  No surprise here.  It’s just not their forte.  Creating jobs.  The Left likes telling us how to live our lives.  Not getting out of the way and allowing business to do what they do best.  Create jobs.  No.  They’re more interested in other things.  In particular, what we do in the toilet.

When you talk about liberal cities, you can’t get more liberal than New York.  And they have spoken.  They have passed a new law that will police you in the toilet.  Apparently, giving us low-flow toilets wasn’t enough.  (And how did that work?  A single flush of a low-flow toilet just didn’t take care of business, if you know what I mean.)  We’re still wasting too much water when we tinkle.  With the new law, new toilets shall be dual-flush (see ‘Dual flush’ toilets among conservation proposals OK’d by Council by Peter N. Spencer on www.silive.com).  And god help you if you choose #2 to flush #1.  But it doesn’t end there.

The package of water conservation bills also requires water fountains have separate spouts for drinking and for filling water containers; commercial buildings install alarms and sub-meters to detect water leaks; and limits the use of “once-through” cooling systems, such as those used to cool ice-making machines, walk-in coolers and older medical x-ray and laser equipment.

Taxes and regulations are out of control in New York.  It’s exploding the cost of living in the city.  And the cost of business.  The city is on the brink of bankruptcy.  There is an exodus of rich people.  And other rich people take one look and say, “no thanks.”  Don’t believe me?  Ask LeBron James (who chose Miami over New York when he left the Cleveland Cavaliers).

Nancy Pelosi Gets her Marie Antoinette On

Meanwhile, liberals in high positions continue to tell us to do as they say and not as they do.  During the worst recession since the Great Depression, scores of people are out of a job.  Cutting back costs to the bare essentials.  While still paying their taxes.  Because if they don’t, they will go to jail.  And Nancy Pelosi couldn’t have that.  Because she wants your money.

In the height of hypocrisy, Pelosi is living like royalty.  Private military jets at her beckon call.  For her and her family.  And some of her friends.  And a kick-ass open bar.  Mark Tapscott (Editorial Page Editor) writes on www.washingtonexaminer.com (see New documents uncovered by Judicial Watch show Pelosi took 85 trips on military aircraft):

“For example, purchases for one Pelosi-led congressional delegation traveling from Washington, DC, through Tel Aviv, Israel to Baghdad, Iraq May 15-20, 2008 included: Johnny Walker Red scotch, Grey Goose vodka, E&J brandy, Bailey’s Irish Crème, Maker’s Mark whiskey, Courvoisier cognac, Bacardi Light rum, Jim Beam whiskey, Beefeater gin, Dewar’s scotch, Bombay Sapphire gin, Jack Daniels whiskey, Corona beer and several bottles of wine.”

You could almost hear her say referring to the unemployed and hungry, “Let them eat cake.”  (Shortly before her execution during the French Revolution, Queen Marie Antoinette allegedly said that the hungry could eat the scrapings & crumbs (i.e., cake) from the ovens.)

Jobs?  Don’t hold your breath.  But if you gotta pee, you best be sure which flush you chose.  Because if you flush a #1 with a #2 flush, they may just be coming after you.  For they care about the environment.  Not enough to cut down on their carbon footprint while they fly their private military jets across the globe.  But enough to take time in their busy day to take a closer look at what you do when you unzip your pants or lift up your skirt.  And the next time you do, remember, Big Government is watching you.

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