So the bubble finally burst. The Keynesian Socialism which has run California as a Progressive-Liberal State since the days of Edmund G. “Pat”, has finally spent itself into its inevitable oblivion, and now the populace must pay the Austrian School Piper.
For years Californians have passively paid their very high income taxes on top of an immorally large sales tax in order to jail tens of thousands of innocents on Cannabis charges, and pay the salaries of the Prison Guard industry which benefits so lucridly from these immoral incarcerations. They have paid for the bloated salaries of countless state commission boards, whose members earn in a year multiples of what the average Americans AGI is, while only having to attend a handful of meetings. They have wasted it on their profligate State pension schemes, which delivers to state workers a pension equal to the income of a retired multimillionaire after only a score of years on the job. They have wasted it on the exorbitant salaries of the Chancellors of the University of California who salaries are in the multiple hundreds of thousands of dollars (not including benefits, pension, and residence in something more than a dorm room), and the thousands of administrators and bureaucrats who run not only the University, but all the other countless branches of California government. And the students have not cared, just as the pensioners and medicaid receivers never cared, as long as the Socialist gravy train kept a-comin.
And now they have butted their heads up against the many-pronged horns of economic reality, and the reality is that California is the shining example of the failed welfare-Keynesian State, with welfare for the triumvirate of some of the poor, the corporations, and the state bureaucrats and pension-grabbers. And the students are angry.
Well, we’re sorry, kids, but the 32% tuition increase you are getting is just what you deserve for ignoring all the fiscal injustices that we listed above, and not voting for Libertarian politicians. And still the ignoramus Liberals calling in to John Rothmann’s talk show demand more taxes on the rich. Yes, drive even more of the affluent out of your state, so that you can shift the “fair share” of your welfare to the working youth and the students. After all the students have their whole life — and forty years of drudgery paying for your pensions and welfare — ahead of them, so let’s throw part of the burden on their backs.
UCLA students, you have only yourselves and your fellow Californians to blame for the 32% increase in tuition, because you failed to understand Capitalist Economics. You were very easily suckered into the Keynesian lies, that money doesn’t need a commodity backing, and that a benevolent central bank will always do what is best for the nation, not best for the corporations and their close associates. One reason your costs are going up is because the dollar is being undermined by the Obama-Pelosi-Bush-McConnell collectivists, and their minions at the FED, who want their warfare-welfare state as planned, no matter what the sincere voters may believe, by spreading their propaganda messages of “change”. Ha, they have left you with small change, and only a year into their regime.
But actually, students, you individually are to blame if you didn’t vote for Ron Paul for president in the primaries, or later Bob Barr of the Libertarian Party. If you voted for Obama or McCain, you voted for massive inflation and a continuation of the warfare-welfare state, and you’re getting exactly what you voted for. And there is a certain justice in that.
If you didn’t vote for Ron Paul, then don’t get mad at the cops; get mad at the face staring back at you from the mirror.
Enjoy your poverty, socialists. You voted it on yourselves.
Hooooooooooooooooooooooooooooooowwwwwwwwww! — Silverwolf