Columnist Jill Krasny at Inc Magazine is surprised that welfare-queen intense Silicon Valley has people who call for secession. (Why not, Black Muslims checked out and have done quite well, like the Amish.) She finds other magazine writers who agree with her.
But of course, Jill, we all love a system that works for us and cannot fathom why anyone, for whom the system does not work, might feel different. Or more likely, she feels there is something wrong with anyone who does not want to be essentially a welfare queen.
Ms Krasny reassures us that the State-run media remains utterly clueless as to any alternative but to a welfare regime. So let's work through her piece... first she quotes an offending seminar speaker...
"We need to run the experiment, to show what a society run by Silicon Valley looks like without affecting anyone who wants to live under the Paper Belt," .... "We need to build opt-in society, outside the US, run by technology."
The reason we had 13 colonies called 13 states so people could experiment with other polities. What is wrong with bringing that back? Why, lack of welfare queenism!
Do they really think they can protect their intellectual property, stave off patent trolls, pay for healthcare, and innovate all on their own?
Jane, do you really think they cannot? Or better yet, do you think any of these people would not instantly eliminate IPR regime, and open a free market in healthcare in which any and all can afford what medicine they need? By means of free innovation? Jane, you truly live on another planet from those who are in business.
Here are three other reasons these guys sorely need a reality check.
Uncle Sam innovates
Think government funding only harms innovation? Allow us to introduce you to Uncle Sam's most successful start-up: Silicon Valley. As editor-in-chief Eric Schurenberg outlined in Inc. recently, for a number of years, Stanford was essentially a research lab for the CIA and several of its engineering Ph.D. theses were actually classified because they were so integral to its technology.
Jane, you should read this out loud to yourself. You say the military industrial complex is a fountain of innovation. And then you say they classify ideas, making them non-marketable. This happens more than you know. Where does the money for Murder, Inc research come from? Well, it is taking from other, non-war productive uses. Reflect Jane, how is all that warmaking working out for us? Afghanistan, much? Since you were born, have we won anywhere? We keep getting our asses kicked by farmers, who do not have "intellectual property rights." Visit Vietnam.
Martin Kenney, a professor at UC Davis, described the Department of Defense on Marketplace as "the greatest venture capitalist of all." To his mind, much of the technology we use today was funded by the government, from cell phones to satellites to global positioning systems and even the Internet. So think of that the next time you're in line at the post office.
This is funny. Jane, ahem, the Post Office is a Govt gig. Darpa made the internet when, before you were born, all economics, law and theory said there could be only one phone company at a time. thus, no cell phones, internet, etc, for the rest of us. Jimmy Carter challenged that, Ronald Reagan took the credit. Perhaps the DoD is the greatest VC of all, but that would be horrific, if true. Think of all the good things we've been denied because of it.
Imagine that,
In-Q-Tel backs cutting-edge start-ups
While most VCs have their eyes trained on the social-local-mobile craze, the CIA's venture arm, In-Q-Tel, has been quietly investing in start-ups that help the organization with its super-secret work. Among them are RedOwl Analytics, which harnesses the power of big data to keep the financial sector honest, and Destineer, a videogame developer whose first IQT project was created with help from active duty U.S. Marines.
Yes, when disgraced Adm Poindexter came up with the TIA and was shot down instantly, the CIA came up with its own thing, and all of a sudden there was google and a series of other intel based services, that crowded out earlier successful ventures. It is no secret Oracle was started as a CIA contractor, and countless others. And what has it got us? Google is outlawed in China, sued relentlessly elsewhere, and IBM watched its sales drop 40% in China now that it is known their products carry spyware. And imagine that, the military assists in making video games that tell 10 year old boys that violence is glorious and they will always win. (But really, they know better, so they go to gun-free zones like grammar schools, theatres and such when they act out their fantasies.) Jill, where is the good part in all of this?
And there is more in that paragraph. Why is the CIA interested in keeping the financial sector honest? Don’t we already have some seventeen federal agencies on the job? And by the way, how has that been working out? Finally, way to out a few more companies. You should get an Edward Snowden Award.
Small business owners need access to capital
With the current economy in the shape that it is, everyone can agree that a loan would be helpful.
No Jill, you are wrong. We are in this mess because of State manipulation of credit. No doubt it is news to anyone at Inc magazine, but people need customers, not loans. In the history of mankind, almost all businesses are started with the resources at hand, not loans. But the State massively interferes in freely contracting between parties, which in turn discourages people to the point they too become welfare queens.
Yes, total volume for all small business loans has steadily decreased since 2008, according to the Small Business Administration's small business lending report for 2012. But while job growth, wages, and gross domestic product have remained stagnant, Inc.'s Jeremy Quitner reports that demand is stronger than ever. In July, the Federal Reserve's Senior Loan Officer Survey reported a general easing of loan policies for commercial industrialization and commercial real estate loans from banks just to meet it.
Ahh... here we go, another Inc writer assures us, in spite of getting blindsided by every popping bubble, things are opening up right now.
Yes, in a few years, we’ll see yet another disaster from each opening of the spigot, like clockwork.
In all fairness, the magazine is called Inc, which is short for incorporated, that state created entity that has morphed into the monstrosity that corporations are today. Why should anyone expect a magazine devoted to welfare-queenism promote anything but welfare-queenism?
Feel free to forward this by email to three of your friends.
