"We elect those who take power from us" Mike Reddell
My old high school friend, John Sample, whose column I share on this op-ed page, has been a financial advisor since his days at Texas Tech, notes in today’s column on the stock market’s efficiency because it discards emotions.
While John and I typically are light years apart in our political beliefs, perhaps he is right about the stock market’s laser-focus on earnings.
When a laymen, such as myself, reads the straight-on market reports, it becomes clear that some international and national developments affect the market.
But not much, the market is following different business and industry trends.
I struggle with the emotions of what’s happening in today’s world, as all people do, although from different perspectives.
John said he reads both sides of the news spectrum – forcing himself to read articles he knows he’ll disagree with. I do that as well – to see the other side.
But John and I are the exceptions, I believe, because we live in a country today where one half believes in our leaders at the state and national level and the other half recoils in horror.
I look at the Texas Legislature with such horror.
I see a governor who wants a convention of states with the ultimate goal of weakening the federal government and giving it to the states.
I see a legislature proposing bills to limit local government control to give the state more sway over local affairs.
The governor, of course, likes those kinds of bills because he believes in taking from the federal government and the local governments and bestowing it on Austin.
A legislature that continues to shirk its responsibility to give Texans a good education with adequate funding and force local school districts buck up and tax more and give the state more.
Then, the same people tell Texans they’re being taxed too much by the local districts and propose bills limiting how much school districts – and other local governments – can raise taxes.
Then there’s the Texas Senate with its plans for taking the ever-dwindling education money and divert it to school choice.
Half of Texas shrugs its shoulders at such hand-wringing, presumably they agree with these moves.
I will note that Matagorda County Commissioners Court approved a resolution opposing a Texas House Bill that would make it more difficult for local governments to take civil action against people who pollute.
I guess our expectations for state government never have been that high, so a lot of Texans have tuned out what comes out of Austin. What they’re not getting is the fact that we’re sending folks to Austin to take power away from us.
And who will stop them?