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dennyc
Member since May 2012
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The Evil 1%

- Lew Rockwell -

Jim C. had the obvious and appropriate response to the Rockwell article. A certain amount of 'state' is absolutely necessary. I recall after Bunnypants Bush took the teeth out of the FDA the number of Americans felled by food poisoning went through the roof and need I mention what happened when Clinton and Bunnypants took the teeth out of the regulatory arms of the SEC and the Federal banking watchdogs? We have the situation of today, right now. I humbly suggest that we think more along the lines of government departments being more monitors than regulators. It's obvious that there will always be those who want to run damaging self-enrichment scams which do NOT follow the principles of truly free enterprise. Who will deal with the unavoidable thieves and crooks? There ARE ways of making sure that state observation of the practice of capitalism need not become an intrusive and meddling impediment to the free enterprise process itself. I'll risk being hounded; but I will state that what we have today is NOT capitalism by any interpretation. It's rapidly progressing from a free-for-all to a complete and destructive anarchy.

Commented 4567 days ago

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Beginning of the headline : The "occupy" protest movement is thriving off the claim that the 99% are being exploited by the 1%, and there is truth in what they say.But they have the identities of the groups wrong.They imagine that it is the 1% of highest wealth holders who are the problem.In fact, that 1% includes some of the smartest, most innovative people in the country – the people who invent, market, and distribute material blessings to the whole population... Read More

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