RANT: The marketplace is Lady Liberty’s friend


Casinos and the American way
By Jeff Jacoby, Globe Columnist | August 26, 2007

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So it goes, year after year, in state after state: Entrepreneurs and investors who ought to have the same freedom to operate a casino as they would to open a shoe store or start a newspaper are forced instead to run an exhausting and expensive political gauntlet, often with no guarantee that casino gambling will even be permitted, let alone that they’ll win a license to build one. How many other peaceful businesses offering a popular form of entertainment face such formidable legal and political barriers to entry?

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It’s that the politician want more “slush money”. Usually Jeff is more perceptive about motivations. Motivations of politicians are very transparent — more. More control of the people. More money to “do good”. Of course, if along the way a little change falls into the pockets of their friends, family, and themselves, so much the better.


The marketplace is Lady Liberty’s friend. It makes everything transparent. If we had truly free markets in gambling, then the politicians would be able to steal from either your losings or your winnings. If we had a free market in drugs, there’d be no collateral damage. If we had a free market in products, everything would be cheaper. If we had a free market in money, there’d be no inflation tax. And on and on and on.

See the free market is like a global election with every small purchase. If we had free markets, how would politicians “save” us? They’d have to go find honest work!

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MONEY: The Inflation Tax


August 26, 2007
Top 8 Ways Hard Money Would Change Your Life
Posted by Chris Brunner at August 26, 2007 12:57 AM

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2. No more Inflation Tax for the poor

Inflation occurs when the Federal Reserve expands the money supply by creating more money. Each time this happens, and lately it’s been happening at a frighteningly rapid pace, the money that already exists – that is, the paper in our wallets and bank accounts – loses its value. This is why prices increase. Each time your money loses its value, it takes more and more of it to purchase the same goods. These guys literally make a living stealing our wealth and giving it to others. However, unlike Robin Hood, the recipients of this wealth tend to be people who are already wealthy, and the people who are hurt the most are arguably the poor. That is, the people who get screwed the most are the poor who can’t afford the rising prices – those on with minimum wage jobs or fixed-incomes. A hard money policy would put a stop to this by cutting off the Fed’s ability to inflate, or abolishing the Fed entirely.

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Never mind just the poor. What about me!

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INTERESTING: Open Door During Flight


Passenger Arrested After Trying to Open Door During Flight
Sunday, August 26, 2007

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DENVER — A passenger tried to open a plane door during a Frontier Airlines flight on Saturday morning but was subdued by airline staff and passengers, an airline spokesman said.

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Duct tape to the rescue

We need Homeland security? No one is ever hijacking a plane again.

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