Wednesday, September 28, 2005

Hurricane Bailout Boondoggles

The lobbyists in Washington are licking their chops and salivating at the prospect of the untold billions of dollars that will be disbursed by congress in hurricane recovery funds.

Even entities outside the affected states are lobbying for tax breaks and grants. For-profit, private hospitals want the government to rebuild them so their investors won't lose so much money. Oil interests, air travel companies and farmers are all looking to gorge themselves at the trough.

We just need to get away from this paradigm that the government can best decide who is worthy of their largesse. It always ends up being whoever has the most political connections. Large and powerful companies become larger and more powerful and more profitable, while small businesses and families suffer. This happens regardless of Democratic or Republican oversight.