Archive for June 2010

Government Ponzi Starts Going Exponential « Monty Pelerins World

June 30, 2010

Follow the links in this article to see how much trouble the U. S. is in.

Government Ponzi Starts Going Exponential « Monty Pelerins World.


A Big Step on The Road to Ruin « Monty Pelerin’s World

June 27, 2010

An interesting take on the recently passed financial regulations.

A Big Step on The Road to Ruin « Monty Pelerin’s World.

VERY IMPORTANT – Why We Will Continue to Decline « Monty Pelerins World

June 27, 2010

Below is a link to a blog that we found. I really can’t add anything to this article.

VERY IMPORTANT – Why We Will Continue to Decline « Monty Pelerins World.

Criminal charges for Gulf explosion, why? — The American, A Magazine of Ideas

June 5, 2010

Is anyone wondering why the Obama administration is now looking at criminal charges before the Gulf of Mexico oil leak has been stopped? Apparently the price for fairness in this matter is higher than the million $+- that BP contributed to Obama’s campaign.

Established businesses generally like a stable political climate regardless of the form, however,  communist or socialist governments are more useful at limiting competition, therefore, a favorite of established business. The only question is what is the price.

If you consider starting a competitive business you will find the regulations over whelming. These regulations are erected to keep out competition, not protect consumers, you may be able to raise the necessary capital to start and run the business, but the bureaucratic hurdles are designed to make you think twice before starting a competing business. Look at the article from the American Magazine about what Washington DC is doing.

How Washington Just Worsened the Gulf Oil Spill — The American, A Magazine of Ideas.

Can anyone imagine George Washington, Samuel Adams, Ben Franklin, et. al. taking money from a group to pass laws favorable to limitation of competition?

If you read the Declaration of Independence and the original U. S. Constitution you will note that these documents refer to individuals rather than fictious beings (corporations).