Home > SD 2014 Ballot, South Dakota > Token EB-5 post for this week

Token EB-5 post for this week

September 24, 2014
Angus Cow, Curious by Kim Newberg

Angus Cow, Curious by Kim Newberg

The Democrats have continued to pound Republican US Senate candidate Mike Rounds for his ties to EB-5. The latest move was made by Democratic Minnehaha County Commissioner Jeff Barth; who is filing a lawsuit against Rounds and other interested parties to get documents about the failed EB-5/NorthernBeef/SDRC/Etc.. scandal. Personally I think the lawsuit was a bad move on the Democrats part, especially since they didn’t name a key person at SDRC.

With all of the developments in the EB-5 scandal I am often asked why I don’t blog about it more often. There are a couple of reasons. First, I try to focus on areas I feel the mainstream media (print and TV) or other political bloggers in South Dakota are overlooking. There are vast amounts of articles and blog posts constantly being written on the EB-5 scandal by reporters and bloggers. If I have something to say about EB-5 it is usually contained within a post about a connected party, such as a post about Rounds or Daugaard. Second, I believe the concept of government intervening in the free market is wrong. The Democrats attacking Rounds are not doing so because they believe in free markets, they are doing to so for political opportunism. My opposition to EB-5 and related Northern Beef issues has more to do with opposing market interventionism. I think the whole concept of market interventionism should be the public debate; and not simply whether a Republican and his cronies were wrong doing the same types of market interventionism that both Democrats and Republicans enjoy.

As I close this post I will mention that I don’t think any illegal activity will ever be tied to Rounds in regards to EB-5 or Northern Beef. At most the Democrats can maybe make Rounds look incompetent. But in a red state I believe more people would rather have an incompetent Republican than a competent supporter of socialism. Personally I would rather have neither kind of candidate, maybe its time to look at the Independent candidates some more…

  1. September 27, 2014 at 6:45 am

    We’re a group of volunteers and starting a new scheme in our community. Your site offered us with valuable info to work on. You’ve done an impressive job and our whole community will be thankful to you.

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