If you really want to get into it, the only entities that can actually enforce a monopoly are governments. If every one was well informed enough to not buy whatever product was monopolized, that company could do nothing about it besides get a law made. So use your currency wisely.
For Iowa it took flood relief promises. I E-mailed my Congressmen and Senators and told them I didn't want it, and that if any other bill had merit it could get passed on it's own. Obviously they didn't listen. But obviously you assumptions that the Republicans are the worst about this is wrong...
I'd imagine that the money would be used by banks to create a credit bubble that fuels a debt based realestate industry and when that pops and the prices of said realestate start to swig back to where they should be and every one will think it's a crisis when it's just the business cycle reacting to market intervention.
Oh, and the dollar will probably collapse as a world currency.
Oh I agree they should have a better understanding of what's going on than general constituents. But coming from the Austrian economics point of view, they are lacking in understanding if they think they need to bail out bad investments and cause inflation with the same bill. Eventually if you keep egging on the bull market like the Federal Reserve has done, your are going to get the horns.
I think most people have come to your conclusion and that's why there was an overwhelming cry saying "DON'T DO SHIT YOU BASTARDS!" At least that's what I told my representatives.
However, overall public perception clearly stated the desire to not act, don't you think? Can you fault Congress for actually listening to it's constituents?
Frankly, having the government snap up a chunk of semi-stable investments which, in all likelihood, will render an eventual profit isn't a bad deal if it will get all the goddamn market amateurs to stop having hourly shit-hemorrhages.
And you think this should be the government's job?
Doesn't that make the obvious solution to legislate against those undesireable actions? As far as I'm concerned all these nanny laws should just go away. If you can do something without hurting another person righty, body, or property (or government property) then I say there is not crime. Preventative laws restrict the freedom of the individual and alway punish every one for undesirable action that might occur. It's that undesirable action that "might occur" that should be legislated against, not any other action that could lead up to the undesireable action.
Don't worry, When the dollar crashes due to inflation we will have a competitive advantage against china in manufacturing especially when it comes to the emerging markets in South America.
Business just wants to do what the Federal Government can get away with... What's the problem?
By the way if you mean this in reference to Zed Shaw and ABGs then you should read the link from my sig. I think you will enjoy its out look on production vs. non-production.
I wouldn't call that American-style competition, rather stock-market-publicly-owned-get-the-share-holders-what-they-want-screw-customers-style competition. Maybe the problem is that popular usage, as you have pointed out, would have them as synonyms...
If your definition ideal is grandma or commercial.
My ideal is defined as swift but not more than 10mph over, which means I need brakes.
If you really want to get into it, the only entities that can actually enforce a monopoly are governments. If every one was well informed enough to not buy whatever product was monopolized, that company could do nothing about it besides get a law made. So use your currency wisely.
LOL... if I only had Mod points.
Who is John Galt?
Is BSD actually considered FOSS?
Republicans (26 floppers):
Alexander, Barrett, Biggert, Boustany, Buchanan, Coble, Conaway, Dent, Fallin, Frelinghuysen, Gerlach, Hoesktra, Knollenberg, Kuhl, Myrick, Ramstad, Ros-Lehtinen, Schmidt, Shadegg, Shuster, Sullivan, Terry, Thornberry, Tiberi, Wamp, Weller (did not vote the first time)
Democrats (33 floppers):
Abercrombie, Baca, Berkley, Braley, Carson, Cleaver, Cuellar, Cummings, Edwards (MD), Giffords, Green, Al, Hirono, Jackson (IL), Jackson-Lee, Kilpatrick, Lee, Lewis (GA), Mitchell, Ortiz, Pascrell, Pastor, Rush, Schiff, Scott (GA), Solis, Sutton, Thompson (CA), Tierney, Watson, Welch (VT), Woolsey, Wu, Yarmuth
For Iowa it took flood relief promises. I E-mailed my Congressmen and Senators and told them I didn't want it, and that if any other bill had merit it could get passed on it's own. Obviously they didn't listen. But obviously you assumptions that the Republicans are the worst about this is wrong...
A better question would be: why did it pass the second time?
I'd imagine that the money would be used by banks to create a credit bubble that fuels a debt based realestate industry and when that pops and the prices of said realestate start to swig back to where they should be and every one will think it's a crisis when it's just the business cycle reacting to market intervention.
Oh, and the dollar will probably collapse as a world currency.
This sounds like a botnet to me. See guys Microsoft is going to embrace, extend and extinguish, but this time it's for the internet's own good...
Oh I agree they should have a better understanding of what's going on than general constituents. But coming from the Austrian economics point of view, they are lacking in understanding if they think they need to bail out bad investments and cause inflation with the same bill. Eventually if you keep egging on the bull market like the Federal Reserve has done, your are going to get the horns.
It was a problem started by market intervention in the form of cheep credit.
You are telling me more market intervention is going to solve it?
I think most people have come to your conclusion and that's why there was an overwhelming cry saying "DON'T DO SHIT YOU BASTARDS!" At least that's what I told my representatives.
No but you would wish they would have a conscience and at least write a little blog about why they voted this way or that...
I wish my country was still a Constitutional Republic...
However, overall public perception clearly stated the desire to not act, don't you think? Can you fault Congress for actually listening to it's constituents?
Frankly, having the government snap up a chunk of semi-stable investments which, in all likelihood, will render an eventual profit isn't a bad deal if it will get all the goddamn market amateurs to stop having hourly shit-hemorrhages.
And you think this should be the government's job?
Doesn't that make the obvious solution to legislate against those undesireable actions? As far as I'm concerned all these nanny laws should just go away. If you can do something without hurting another person righty, body, or property (or government property) then I say there is not crime. Preventative laws restrict the freedom of the individual and alway punish every one for undesirable action that might occur. It's that undesirable action that "might occur" that should be legislated against, not any other action that could lead up to the undesireable action.
Don't worry, When the dollar crashes due to inflation we will have a competitive advantage against china in manufacturing especially when it comes to the emerging markets in South America.
I think it's hardest to make something that truly makes peoples lives better and not not make a profit. Maybe I'm just too practical though...
What about a legitimate rental of land?
There is plenty to drink about these days...
Business just wants to do what the Federal Government can get away with... What's the problem?
By the way if you mean this in reference to Zed Shaw and ABGs then you should read the link from my sig. I think you will enjoy its out look on production vs. non-production.
I wouldn't call that American-style competition, rather stock-market-publicly-owned-get-the-share-holders-what-they-want-screw-customers-style competition. Maybe the problem is that popular usage, as you have pointed out, would have them as synonyms...
Uh, no. It's called a filling a niche.
Not the real business types, just the non-engineer business types who can't provide value any other way.