Showing posts with label regulation. Show all posts
Showing posts with label regulation. Show all posts

Sunday, October 6, 2013

Tuesday, July 23, 2013

What's the difference between governments & market-based organizations?

The key difference between private market-based institutions and government institutions is we have practical ways to control market-based institutions.  --L. Reichard White, July 23, 2013, 17:22:19

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Saturday, July 20, 2013

"Unfettered Capitalism" - - -

"Unfettered Capitalism" = protected from competition -- usually by "regulation" -- (and/or subsidy) by a government. Otherwise "capitalists" are seriously fettered by "we the customers." Which is why the capitalists engineer protection -- usually by regulation -- (and/or subsidies) from a government.  --L. Reichard White, Saturday, July 20, 2013 10:54 AM
P.S. This is the ultimate result of what, when applied to bank bailouts, is called "moral hazard" as businesses learn how to get governments to underwrite their operations -- using taxpayers' money. 


Friday, July 5, 2013

Where Chaos Comes From

Chaos doesn't come from folks with many different ideas, it comes when someone tries to impose one of those ideas on everyone.  --L. Reichard White, Friday, July 05, 2013 11:31 AM


Sunday, June 16, 2013

A little help please - - -

I heard yesterday that "There are some questions one just doesn't ask."  What are they so I can ask them?  --L. Reichard White, Sunday, June 16, 2013 2:48 PM


Sunday, May 26, 2013

Why not UNBANK?

Having money in a bank is like having a joint account with the government. --Dr. Amanda Kim Case, Sunday, May 26, 2013 10:19 AM
Why not unbank?

Friday, March 8, 2013

What controls governments?

Customers control businesses -- and can put them out of business by not patronizing them anymore.  What exerts the same control over governments?  --L. Reichard White, Friday, March 08, 2013 12:56 PM



Thursday, August 30, 2012

WE don't know what's good for us --- but YOU do?

We don't know what's good for us?  Really?  That assumes YOU know what's good for us, it's good for ALL of us -- and you have the right to force ALL of us to do it.  Really?  --L. Reichard White, Thursday, August 30, 2012 7:02 AM


Thursday, June 14, 2012

With protection like this, you need kevlar

One of the main repeating themes from U.S. Senators was, "We have to protect U.S. taxpayers from bailing out the banks again." Who was it that took your tax money and handed it to the banks the first time? The Senators are going to protect us -- from themselves? --L. Reichard White, Wednesday, June 13, 2012 1:42 PMon J.P. Morgan's Jamie Dimon testimony to the U.S. Senate Banking Committee (June 13, 2012)


Friday, June 8, 2012

Tuesday, June 5, 2012

Who Cares More?

Who's more likely to worry about a plane crashing, the pilot of the plane (who's life is on the line) and its owners (who's money is on the line) - - - or FAA bureaucrats in Washington D.C. with nothing on the line? --L. Reichard White, June 5, 2012, 09:07:27