Posts Tagged ‘The Deficit’

Say It Ain’t So

Monday, August 24th, 2009

The following excerpt is from a post on the blog The Daily Reckoning. This is a blog that I occasionally read because their take is usually contrary to what the popular financial pundits (and the Feds) are saying at any given time.  While I don’t always agree with them they do make for good reading.  BTW, I think his take on government below is right on.  Click here to read the entire post.

In its naked form, government is not evil; it is merely a self- interested parasite, like a bank lobbyist. Its main value comes from its ability to elbow out other parasites. Of course, the typical citizen is no saint either. Instead, he is merely a parasite in the larval stage. If he is lucky enough or cunning enough, he could grow into a parasite himself. The citizen, generally, doesn’t mind being lied to and robbed - just so long it is by someone he elected. Or at least by someone whom tradition or local connivance put in place. He does not usually resent his homegrown government, even though it routinely costs him a substantial part of his output. On the contrary, he grows so fond of it he even dons his helmet from time to time to protect it. Naturally, the feds return the favor.

The basic business model of government is to keep order, protect campaign contributors and lure supporters with the promise of other peoples’ money. The game plan of the typical citizen is even simpler: to be on the receiving end, not the paying end. Over time, more and more of them get into position. And the whole society becomes more costly, and more corrupt.

I Wonder…..

Thursday, July 16th, 2009

….. what is the writer really saying?

Worthwhile Reads

Thursday, July 9th, 2009

Being on the road in West Texas this week gave me a good opportunity to read the book I.O.U.S.A.  The book is a non-partisan look at the four deficits that could very well ruin this country if they are not dealt with quickly.  It is a short and easy primer on this very important issue. I am planning on reading thru it with my eldest daughter this Summer as well. I am now moving on the prequel to this book Empire of Debt.