Month: October 2022

“Law never does anything constructive. It can never be more than a policeman, and so it is a waste of time to look to our state capitals or to Washington to do that which law was not designed to do. As long as we look to legislation to cure poverty or to abolish special privilege we are going to see poverty spread and special privilege grow.… read more “Henry Ford on Laws”

“Speculation in things already produced – that is not business. It is just more or less respectable graft.”

Ford: “Experience and reform do not go together. A reformer cannot keep his zeal at white heat in the presence of a fact. He must discard all facts.”

Many government regulations are set up by smart people with the best of intentions. Government regulations are an extraordinarily powerful tool and quite frequently the results of those regulations are the opposite of what people had originally intended. A few examples:

• National parks were originally set up to be “pleasuring grounds” – areas all Americans to recreate and enjoy.

… read more “Accidental Perverse Incentives”

https://www.newsweek.com/fact-check-has-biden-sold-off-more-oil-every-past-president-combined-1754084

Risking energy security to win an election is a bad look.

Everyone wants a good life, but most people don’t have it because they aren’t willing to do the hard things they need to do to get there.

https://www.spokesman.com/stories/2022/oct/20/seattle-councilmember-sawant-says-her-property-is-/

Sawant defunded the police, now she wants special investigations of trivial pranks?! Who would vote for this hypocrite?

America needs true bipartisanship to fight the return of slavery around the world and right here at home. I built a business from scratch without any outside funding or partners that now employs 270 full time employees, and the study of economic and political systems has been a big factor in my success. Slavery comes in many disguises, but is at its root the loss of individual freedom to choose what to do with your life.… read more “Bipartisanship Needed To Fight The Return Of Global Slavery”

The stock market is essentially a giant auction for shares of stocks. The fact that it runs 5 days a week all day long everyday means that at any given point in time there are only a few people willing to transact. That leads to much greater bid ask spreads which hurts the average investor. The average financier can sit there and watch the stock market all day long everyday is often able to take advantage of people who have to sell and there’s no buyers or people who have to buy when there’s no sellers.… read more “Stock Market Hours Need To Be Reduced”

https://www.reuters.com/business/energy/oman-says-opec-decisions-based-purely-economic-considerations-tweet-2022-10-16/

Iraq should be a US province now instead of being run by semi-warlords. What a waste of money and time and blood and sweat and tears to remove the evil dictator who ran Iraq just to turn it over to new ones. Saudi Arabia has long been an evil dictatorship, committing genocide against it’s neighbors and enslaving migrant workers via indentured servitude.… read more “Saudi Arabia, Iraq Supporting Russia’s War on Ukraine with Oil Output Cut”