Saturday, April 14, 2012

Arab Spring Good For Business

With governments distracted by self-preservation, the people who took to the streets across Arab countries to re-assert their right to work, are now settling down to start up businesses in the void.

Rothschild said the time to invest is when blood is flowing in the streets.  Out of the chaos fomented by US intervention, small business people are stepping forward and bringing order with anarchy (no-king).  The new rulers are finding small business people efforts a double solution, as people help others as they help themselves.

AS we watch the USA poliical and economic situation descend into chaos, keep in mind the good example of the merchants of Arabia.

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Ex Im Bank and Solyndra

What Ex Im Bank boosters do not want you to know is when the government picks a winner, like Solyndra, and gives it billions to burn, it also must finance its customers.  The Ex Im bank is a big backer of winners who lose anyway, like Enron, Solyndra and of companies like GE, which earns billions but pays no taxes, yet benefits at taxpayers expense from the Ex Im Bank.  Sometime, somewhere, we just gotta say "no" to something.  Ex Im Bank is a place to start.

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Friday, April 13, 2012

Strangling Crowdfunding in the Crib

The usual assorted welfare queens and rent-seekers have rammed through congress a bill that regulates crowdfunding.  The very same people who could not see Enron, Madoff, Solyndra and whose judgment is to bail out what has died now believe they can manage a perceived threat.

Note how they all talk about how crowdfunding must be regulated because someone might rip off the people who are offering money.  Not that it has ever happened, just that it might. The article calls the law a pre-emptive strike.  Note again how "pre-emptive strike," a war crime in international law, has become standard for all government action, ever since we used it to criminally invade Iraq.

This was led by lawyers, and the article names names.  Always remember, all lawyers are government workers, and anything you pay them is a direct tax.

Lawyers have no role in business.  If you look a the two most critical sets of laws governing commerce, the law merchant and the UCP, both came out of merchants practices, in essence self-governance among merchants.  We need no welfare queens interfering with self-governing bodies, we need separation of self-government and state. States have arrogated unto themselves "jurisdiction" where none was needed, in either case, in order so that they may seek rents.  This effort makes as much sense as the state writing down the rules of Chess and then charging people $1000 to play.

If a problem emerges, let private companies come up with ways to deal with it, not regulators and the vulture lawyers who suck the lifeblood out of people trying to start businesses in USA.

The article names people who pushed for this who ought to be considered pariah among business people:

Sara Hanks
Kevin Berg Grell
http://www.crowdcheck.biz/
Jeff Stibel, chairman and chief executive officer of Dun & Bradstreet Credibility
and of course the politicians who voted for it...

No
26
(2501)
Not Voting
1
(010)



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