Saturday, January 28, 2012

Free kibbles

SOCIALISM:

Unions are hurting themselves by protesting right-to-work legislation at the Superbowl.

TAX AND SPEND:

The European debt crisis continues, and it will continue until the debt is liquidated. All attempts to fix it so far have just made the situation worse.

REGULATION:

It always cracks me up when people blame our problems, and of our problems, on capitalism.
"With the existence of the Federal Reserve, Fannie Mae, Freddie Mac, the Securities and Exchange Commission, the Commodity Futures Trading Commission, and other bodies that make up the 115 regulators that oversee the financial sector in the United States, the claim that such a system constitutes free-market capitalism is preposterous."
The problem wasn't too little government intervention in the market. There was way too much. This is an important point:
"Contrary to popular belief, capitalism is not a system of rugged individualism but rather one of social cooperation that expands the division of labor and offers new opportunities of employment even for those less able to compete with more-productive workers."
Contrast that with government which acts through coercion and violence, dividing people into winners and losers with its every action.
"As a rule, capitalism is blamed for the undesired effects of a policy directed at its elimination. The man who sips his morning coffee does not say, "Capitalism has brought this beverage to my breakfast table." But when he reads in the papers that the government of Brazil has ordered part of the coffee crop destroyed, he does not say, "That is government for you"; he exclaims, "That is capitalism for you.""
No kidding.

EDUCATION:

Obama wants to do price-fixing on tuitions. Price fixing always leads to shortages.

POLITICS:

Maybe the bankers backing Romney and Obama are pressuring establishment Republicans to run Gingrich out of the race because Gingrich isn't owned by them. The bankers want to insure they control both candidates. Funny how this New York Times article showing Romney's ties to bankers doesn't mention Obama's equally powerful ties.

MISC:

Two grandchildren of the tenth president, John Tyler, are still living.

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