There's Goes Your Pension

Never let a crisis go to waste, and the best crises are pretend ones.  One government policy failure, monetary, is wrecking another government policy, pension plans.  No need to look at the carnage on wall street, the answer will be more government policy, in this case they will take control of all of the pensions to  keep them safe from speculation.  it is only a matter of time.

The way out is freedom, but that is not an option on the table.  Freedom from dairy industry rules that say you must make ice cream their way.  We must be free from all of these rules.

But we cannot have deregulation without a return to property rights.  Morton Horvitz in his book Transformation of American Law shows, court case by court case, among other things, how USA legal system eliminated property rights so that big business could pollute and steal with no restraints.

Deregulating without the property rights rule of law will lead to even more chaos.  That is too tall an order for the people of USA.  Probably the best thing is for the country to break up into smaller units, so people can fix the problems.

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