Over the weekend the Cyprean government decided to move in on anyone who makes more than 120,000.00 dollars a year. They took 40% of their bank accounts. Tomorrow the banks in Cyprus reopen. Will people try to withdraw all their money? Shall other governments follow suit? Shall the world economic system begin deconstructing?
This is the result of the failed socialistic policy-it never succeeds. People need to work and government needs to let the private sector handle as much as it possibly can. The law of unintended consequences: everyone allows the government to do more and take more until the whole thing melts down. Then the alternative-the normal flow of economic activity in the free market-is revealed to be something you should not have toyed with.
The only way to keep politicians from wasting your money is to keep politicians to a minimum and apply the severest penalty when they steal from the treasury.
Monday, March 25, 2013
Friday, March 22, 2013
The Blob:The Infinite Health Care Plan
A week or so ago the government announced it has written another 800 pages of rules and regulations to add to the health care plan. Today new York Times admits there will be loss of wages and layoffs. There was a movie years ago called The Blob. Well folks, we've got one. Imagine, one day you are a doctor and the next day a government employee. I thought there was a war fought to prevent the government from owning and controlling everything-I think it was called the American revolution.
And who knows, you may get up one morning and walk over to the window with your morning cup of java in your hand and find a drone hovering there. The Blob. Ihcp!
And who knows, you may get up one morning and walk over to the window with your morning cup of java in your hand and find a drone hovering there. The Blob. Ihcp!
Monday, March 4, 2013
Kick the can
A boy kicks a can down the road. Again and again, getting tired he kicks it a shorter distance each time. The economy is like that can. The boy kicks it a shorter distance because he is losing. If the distance remained same or if distance could increase he would not run out of road. The road ahead is being erased. The economy is sucked dry by government taxes. The boy comes to the end of the road-a brick wall. He is in prison. And those behind the wall-they have all the money and all the power. They tell him what to do as work, where to live and how long to live. And it is impossible to wrest the control from their hands.
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