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Archive for the ‘socialism’ Category

Murray N. Rothbard wrote:

In truth, there is only one way to regard a minimum wage law: it is compulsory unemployment, period. The law says: it is illegal, and therefore criminal, for anyone to hire anyone else below the level of X dollars an hour. This means, plainly and simply, that a large number of free and voluntary wage contracts are now outlawed and hence that there will be a large amount of unemployment. Remember that the minimum wage law provides no jobs; it only outlaws them; and outlawed jobs are the inevitable result.

Then, of course, the government can come to the rescue of the suckers it just unemployed with welfare (unemployment). Amazing how this works isn’t it?

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How the public is conditioned at their own expense to accept their economic exploitation. The outrage of non-science being taught as fact in our educational system should be protested by intellectuals and scientists everywhere.

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Robert Wenzel reports:

As far as Germany putting a ban on all naked short-selling, it will suffocate many legitimate market makers and make the markets less liquid and efficient, and make them much more volatile. It will do nothing to make it easier for Greece or the other PIIGS to pay their bills. Naked short selling has nothing to do with the PIIGS crisis. The PIIGS are in crisis because of their own doing.

The real issue is they (PIIGS and banksters) are bankrupt due to spending more money than they have and making poor investment decisions. They are at fault, not investors profiting from their irresponsible behavior.

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Learn why democracy destroys your standard of living (starting at 11:30 mark):

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Another example from David Kramer:

Bankster puppet Sen. Chris Dodd (D-CT) has inserted into the upcoming financial “reform” bill a clause that would more than double the minimum net worth of a potential venture capital investor…

We wouldn’t want those pesky poorer folks given the same opportunities as the rich.

The purpose of regulation is to benefit the few (rich, corporations) at the expense of the many.

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Joel Skousen reports:

Campaign Finance Reform didn’t stop the political payoff system and only restricted private political speech. Health Care Reform did nothing to stop all of the evils of the government and business subsidized insurance system, but it did destroy our liberty to choose. Likewise, Financial Services reform was written many months ago by insiders who will give it the appearance of reform, but it will do nothing by put a regulatory noose around those few financial institutions that remain in this country–who were not part of the problem.

All government regulation (aka “reform”) is designed to create and maintain monopolies.

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