Posted on 09/25/2011 7:18:45 PM PDT by Razzz42
Things out there in the real world are getting pretty bad. The illusion of Marxism that handed the power to government to intervene and manipulate the people to control the economy is crumbling before our eyes falling to nothing but dust. This turn for the worst is being caused by a collapse in in government. The polls show we are approaching two-thirds of Americans don’t even trust government any more. This feeling is rising mutually on a global scale. While it is true that the Austrian School of Economics at least recognizes that there is a Business Cycle and “mainstream” economics calls trying to measure the Business Cycle numerology because they are closet Marxists who believe the economy can be manipulated, my work is squarely between these two schools with the former at least acknowledging there is a Business Cycle and the other stuck in a state of denial clinging to their Unattainable Illusion...This is what is collapsing. Years of manipulation by intervention and over-regulation is now coming back to tear everything apart at the seams. They refuse to listen. You cannot force capital to flow to unprofitable regions any more than you can force water to flow up instead of down...
(Excerpt) Read more at 10sigma.com ...
“The polls show we are approaching two-thirds of Americans don’t even trust government any more.”
Actually that’s great news...
Milton Friedman had a very simple way of explaining why a small government on a short leash is the preferred system.
It has to do with 4 types of money...
1. your money that you spend on yourself
2. your money that you spend on somebody else
3. other people’s money that you spend on yourself
4. other people money that you spend on other people
Government spending falls in the third and fourth type, and that is the reason that you want to keep it small and watch it like a hawk.
http://www.youtube.com/watch?v=-MQp-5lZToE
A really smart guy...
“The illusion of Marxism that handed the power to government to intervene and manipulate the people to control the economy is crumbling before our eyes falling to nothing but dust.”
Yes, it is.
But only for those who never heard of Russia, China, Vietnam, Cuba, Laos, Cambodia, Poland, Romania, Yugoslavia, and countless others.
The remainder of the human beings on Planet Earth could see this “crumbling” striding down Main Street fifty feet tall with a neon sign on its head.
Watch government even closer now because they can't afford the interest of debt they spend on other people.
100% of the people agree: Martin can't form complete and coherent sentences.
You forgot to include all his spelling errors you Nazi.
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