brickcityman (< 20)

Beware the Nazis

August 20, 2009 – Comments (1) | RELATED TICKERS: CNBC

So I happened to turn on CNBC the other night to fill my need for inane headlines and to check the futures...  And low and behold the Kudlow report was on...  I thought great... I like a little Kudlow every now and then...  If only to keep a young to middle aged buck like myself focussed on what not to become when you I get older.

Instead of my favorite AARP candidate and Larry King doppleganger I'm treated to some youngish woman doing her best impression of him.  Obviously Kudlow's writers were not granted time off, so she was delivering his lines but with a nearly Sarah Palin'ish grasp of the content on which she spoke.

The topic was UBS being forced to turn over account information and how bad this was for both the U.S. and all human-kind.  As far as I can tell the central thesis of this argument centered around these points...

1.  It damages "competition" in terms of taxation and will cause taxes to rise.

2.  It removes a barrier to totalitarianism

3.  By virtue of precident it will trigger similar actions around the world

Fortunately one of the guests was kind enough to point out that competition can and does exist without secrecy...  Sadly this particular "Champion of the Free Market" was not yet up to speed with that concept.  Though I do think some remedial lessons may be needed...  She didn't quite seem convinced that allowing people to cheat at a game seldom makes the game rules less onerous.  

So then it was down to 2 remaining points.  As for triggering similar actions the usual "we're acting like france and italy" type of stuff was spewed.  And in terms of totalitarianism she brought up both Hugo Chaves and the NAZIs. 

I'd have to say that's the trifecta...  Equating enforcement of the law to the acts of the most notoriously evil government of the 20th century, the most comically flamboyant banana republic in the southern hemisphere, and adding in the usual socialist punching bags for good measure.

Well anyway, does anyone out there in Fooldom agree with this?  Is this a travesty for freedom (the freedom to avoid playing by the rules you don't like)? 

And most importantly where the heck was Larry Kudlow?  Did his flight back from Switzerland get delayed?