Home > Free Market, South Dakota > Representative Kaiser advocates free markets as an alternative to GOED

Representative Kaiser advocates free markets as an alternative to GOED

December 16, 2013

chlopaya_BuildingThe  Aberdeen American News had a good mini-summary of the current investigations into the GOED and EB-5 scandal. The story also includes stances from legislators in NE South Dakota. For the most part the legislators followed party lines. The Democrat legislators generally supported an investigative forensic audit proposed by Rep. Kathy Tyler (D-4) looking into GOED and the EB-5 program (although not all Dems supported a special session). On the other side, the Republican legislators preferred to let current investigations finish before deciding if a deeper investigation is needed.

There was one legislator that wasn’t afraid to stand up for a fiscally conservative viewpoint:

State Rep. Daniel Kaiser, R-Aberdeen, has concerns about the state’s involvement in the EB-5 program and the GOED. He prefers free market principles. The less government involvement in the private sector, the better, he said.

Kaiser bucks party lines in that he is a Republican in favor of a forensic audit. He also said the state should reduce or suspend money given to the GOED until the audits are done.

“I hope nothing illegal happened, but the questions have been brought, and it’s been my life experience that the more eyes you have on an investigation, the more clear the facts are going to be,” Kaiser, an Aberdeen police officer, said.

There are just too many unanswered questions, he said.

I agree with Representative Kaiser completely. The very reason this scandal was allowed to happen was because a state agency, GOED in this instance, was intervening in the private sector. Currently the publicly known information shows nothing done by GOED was “illegal”. But even if the actions taken by GOED were not illegal I would say these actions were not proper from a fiscally conservative viewpoint. Government programs like GOED use taxpayer dollars to choose winners and losers in the market. Usually such programs put money into a certain company so it can ‘win’; the main unintended consequence of which causes other companies in the market lose money and become the ‘losers’. The Aberdeen Beef Plant is even worse than the usual crony-capitalism that bureaucrats love to use. In this case the government agency backed a loser; and continued to back that loser after many signs the project was destined to fail. That is about as far from free market principles as you can get.

Until we know for sure what (if any) illegal activity was involved in the Aberdeen Beef Plant & EB-5 scandal it would be best to suspend all new activities in GOED. More specifically the $30 million from Governor Daugaard’s budget set aside to pre-fund the GOED Building South Dakota program should go elsewhere. Last week Daugaard said he wants an outside look at all economic programs while speaking at the Aberdeen 2013 pre-legislative luncheon. Wouldn’t an external forensic audit of GOED be a good place to start? I would hope other Republican legislators will take this logical and fiscally conservative approach. Somehow though I believe this will be quite an internal struggle within the Republican caucus going into the 2014 Legislative Session.

  1. December 17, 2013 at 7:28 am

    What’s up to all, since I am truly keen of reading this blog’s post to be updated regularly.
    It includes nice information.

  2. December 17, 2013 at 8:31 am

    Dare I suggest we need more cops like Rep. Kaiser in the Legislature?

    • December 17, 2013 at 1:08 pm

      I think that would be great. Not necessarily just cops. But people from all walks of life. Unfortunately running for the office really doesn’t pay the cost of getting there for the average person.

  3. Drew
    December 17, 2013 at 9:08 pm

    Dan is doing a great job representing Dist. 3, Thanks Dan!

    • December 17, 2013 at 9:11 pm

      I agree. Proud to have him in my district

  1. No trackbacks yet.
Comments are closed.
%d bloggers like this: