Friday, March 20, 2009
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Random thoughts and interesting tidbits. . .
. . .focused on current economical and political events.
"But rightful liberty is unobstructed action according to our will within limits drawn around us by the equal rights of others. I do not add 'within the limits of the law,' because law is often but the tyrant's will, and always so when it violates the right of an individual."
Thomas Jefferson
8 comments:
What a moron. He rambles on about how the entire collapse is about Americans spending credit, but only at the end does he acknowledge that it is downsizing and the export of jobs to China that has created a generation of Americans without the REAL MONEY to spend.
Schiff always talks about the gutting of the manufacturing sector in the US as a major problem.
at the end of his rant about the financial mess.. and he never gets into depth and he never suggests a solution other than "we need to produce something".
What a retard.
he knows people would produce more with less regulation and less taxes
That's sophistry. People DON'T produce more when the possible competition is as big as the trans-nationals are. Oligarchies and monopolies = less new competitors.
they would produce more if these big trans-nationals weren't writing regulation and passing laws that kill small business.
Ah, yes, a big contradiction of capitalism!
That's not capitalism. That's fascism.
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