NITA LOWEY IS A CRONY CAPITALIST

Voted YES on regulating tobacco as a drug.
(Apr 2009)

This law calls for new FDA testing requirements, advertisement restrictions like a ban on words such as light, mild and low and also places a ban on all flavored cigarettes, (except of course menthol.)

This is a perfect example of how the government creates laws that hurt the consumer financially while at the same time bringing in more revenue for the government and protecting big business from competition. Now putting aside the fact that this is a total attack on consumer sovereignty and a person's individual liberties and freedoms, one has to wonder why Nita Lowey and Altria Group aka Philip Morris, one of the world's largest tobacco corporations, would favor this legislation.

It's simple really...regulation actually benefits big business and corporate greed, while simultaneously killing small businesses that are the backbone of our now faltering economy. Philip Morris can easily abide by these new regulations because they have the finances to do it, but a new smaller competitor does not. The result is a so-called consumer protection that only protects big business and cripples its competition. And as a result, by the time the bill was introduced and passed, Philip Morris' stock rose more than 35 percent.

But besides the billions of dollars of wasted capital spent in Washington DC by lobbyists on politicians every year, there is another reason why taxing cigarettes is so appealing...it brings in more revenue for the government. Let's face it, the government is broke and the only way to generate new revenue is either by printing new money or by taxing. And one of the first rules in economics is that if you are going to tax, tax items that have an inelastic demand curve. This is pretty much just a fancy way of saying that no matter what you charge for a particular product, people are still going to pay the higher price. This is why the government continues to tax highly addictive substances like tobacco and sugar. People are far more likely to pay a higher price for these products than for celery and carrots. So, do not fool yourself for a second that even the new proposed soda tax is for the "greater good" of society. New regulations and taxes are just another way for Nita Lowey to bring in revenue for a highly incompetent government while destroying the savings of lower-class Americans.

I'll leave you now with a pop quiz:

What does this vote tell you about Nita Lowey?
Either:
a) She is completely not compassionate to the struggles of the lower-class
b) She thinks that she knows how to run your life better than you do
c) She is a crony capitalist that takes the first chance she can get to help out big business.
or
d) All of the above

No matter how you look at it, it is time to vote her out of office.

DEFEAT NITA LOWEY!
Further Reading:
The Future of America: Rat Burgers