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Bureaucratic Swine at the Trough

November 2, 2014 By Richard C. Young

Cato Institute Senior Fellow, Dan Mitchell

The Cato Institute’s Dan Mitchell goes three for three in this compelling expose.

  1. The crowd in Washington benefits enormously from a complicated tax system, a Byzantine regulatory regime, and a bloated budget.
  2. The Republicans will take the Senate.
  3. Nothing will change in Washington

Until We The People force the change needed. And the required revolution will necessarily involve some unpleasantries, as the French are about to find out. You see, in France a third party, the far right Front National, is setting up for a takeover in the next French presidential election. Socialist President Francois Hollande, if it is possible, has an approval rating of about half Obama’s grizzly, election-losing rating. And potential #2 candidate Nicolas Sarkozy was so rotten as president last time around it is hard to envision even the French putting him back in office. As a radical nationalist, anti-EU, anti-Muslim third party candidate, Marine Le Pen is making a whole lot of noise. Debbie and I have seen this coming for over four years and have written regularly on the astounding ascendancy of such a polarizing far right candidate.

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Richard C. Young
Richard C. Young is the editor of Young's World Money Forecast, and a contributing editor to both Richardcyoung.com and Youngresearch.com.
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