Sunday, May 01, 2016

Central Bank Interventionist Policies 
Are Inflicting Damage
[Hayek tried to warn the world that Central Bank intervention, instead of free markets, is a FATAL CONCEIT. Who was right? Keynes or Hayek? Think about why it is that governments & bankers chose Keynes.]
"Big Brother cannot take care of us. Only we can do that. Big Brother is us; the government is us. If we think a bureaucrat can take care of us better than we can take care of ourselves, or cares more about us than we care about ourselves, we’re deluded. The more we think we can offload our own responsibility for self-reliance—the longer we take to look under the bun and ask, 'Where’s the beef?'—the more we invite our elite leaders to continue with the interventionist policies that have inflicted so much damage already."
link here to the reference


Anonymous said...

There are lots of things that inflict damage. One of the worst is the tax system. Canadian tax is a needlessly incredibly complex affair. The politicians don't seem to recognize the enormous overhead they inflict upon the Canadian public. The thing is their are little pressure groups all sparing for their little advantage, be it arts grants of children or whatever. Nobody seems to be able to get elected that will do anything. Every year it gets more complex.

Anonymous said...

China to take new measure to make gold import and export much easier

Anonymous said...

Is the Supreme Court About to Further Legalize Political Corruption?

This idea that access doesn’t lead to corruption is ludicrous. If you don’t believe me, watch Cenk Uyger make the case in the excellent video below:

Anonymous said...

Wall Street Whistleblower Turns His Scrutiny on the Clinton Foundation Charles Ortel: ‘This is a charity fraud’

The Wall Street analyst who uncovered financial discrepancies at General Electric before its stock crashed in 2008 claims the Bill, Hillary, and Chelsea Clinton Foundation has a number of irregularities in its tax records and could be violating state laws.

Charles Ortel, a longtime financial adviser, said he has spent the past 15 months digging into the Clinton Foundation’s public records, federal and state-level tax filings, and donor disclosures. That includes records from the foundation’s many offshoots—including the Clinton Health Access Initiative and the Clinton Global Initiative—as well as its foreign subsidiaries.

This week, Ortel is starting to release his findings in the first of a series of up to 40 planned reports on his website. His allegation: “this is a charity fraud.”

Ortel said his reports in the coming months would also provide evidence that the foundation is not complying with state laws on fundraising, financial disclosure, and audits.

“I’m against charity fraud. I think people in both parties are against charity fraud, and this is a charity fraud,” he said.

Ortel said he hoped the reports would encourage investigative journalists to follow up on his findings.

A spokesperson for the Clinton Foundation did not comment on the claims.