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To: PerConPat
Thanks to a freeper who directed me to this:

http://www.mises.org/books/vampireeconomy.pdf

THE Berlin Stock Exchange still exists—as a building,
as an institution with large offices, with brokers and
bankers, with a huge organization for daily announcement
of stock and bond quotations. But it is only a
pale imitation of its former self and of what a stock
exchange is supposed to be. For the Stock Exchange
cannot function if and when the State regulates the flow
of capital and destroys the confidence of investors in
the sanctity of their property rights.
The glorious days when millions of marks daily
poured into the Stock Exchange, when the bonds and
securities of foreign countries were handled, when new
concerns and trusts were promoted and exciting speculative
maneuvers were staged—those glorious times have
long since departed, and even the doorkeeper who
vividly remembers the excitement of the “good old days”
does not believe that they will ever return. Yet the
decrepit machine still runs.

Repeat: YET THE DECREPIT MACHINE STILL RUNS

104 posted on 03/02/2009 10:24:29 AM PST by PeterPrinciple ( Seeking the truth here folks.)
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To: PeterPrinciple

Yes, indeed...It is truly the time of the the fiscal vampire. Now that I think of it, I have never seen president Zero’s reflection in a mirror!


122 posted on 03/02/2009 11:07:39 AM PST by PerConPat (A politician is an animal which can sit on a fence and yet keep both ears to the ground.-- Mencken)
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