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September 9, 2010
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Previous messages |
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| By
bluejay |
09/03/2010 9:49PM |
The following is a short exerpt from today's Casey's Dispatch:
And the mining industry added 8,000 jobs, as you would expect it to. All to the good, until the next round of legislation sends this and other “dirty” businesses back into retreat. (A major overhaul of the U.S. mining regulations was temporarily shelved because the Democrats were concerned it would hamper Nevada senator Harry Reid’s reelection chances. After the elections, expect it to resurface.) |
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| By
bluejay |
09/01/2010 7:45PM |
The following are some beginning exerpts by Vedran Vuk in today's Casey's Dispatch article, "Regulation to Nowhere:"
Regulation to Nowhere
By Vedran Vuk
China has some serious economic issues, but many are pointing to the wrong problems. A common culprit is the vast government spending that has created empty cities such as Ordos on the Mongolian border.
At first, the reckless spending on the empty city seems like the apex of government waste. But in a way, this isn’t so bad. In fact, it is a lesser evil as far as government expenditure goes. The United States has had similar projects on a smaller scale, such as the Alaskan bridge to nowhere.
Though many were outraged by the bridge, the spending could have been worse. Think about it this way. The bridge to nowhere would have cost nearly $250 million. The result would have been a redistribution of funds to a select few Alaskans and a useless bridge. Sure, it’s a waste. But suppose that instead, the government gave an additional $250 million to the Environmental Protection Agency or to the Internal Revenue Service to hire more employees.
With a bunch of new environmental busy-bodies to concoct and enforce regulations, we’d certainly be worse off. They would spend their time harassing and intimidating mines, power companies, and other productive industries. As a result, it would become more difficult to operate these important businesses. With more restrictions and obstacles, jobs are lost and costs increase. |
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| By
bluejay |
09/01/2010 5:56PM |
Rick
I thought you and others might have an interest in the following three part youtube interview of Stefan Molyneus by Max Keiser dealing with the reality of general aggression:
http://www.youtube.com/watch?v=cQbC-HrYqSk&feature=related |
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