Thursday, August 7, 2014

USA Corruption - Escape to Anarchy

Gallup has interesting poll results.

79% of USA citizens believe the federal government is generally corrupt.

Then there is this:
 Fewer Americans are satisfied with the freedom to choose what they do with their lives compared with seven years ago -- dropping 12 percentage points from 91% in 2006 to 79% in 2013. In that same period, the percentage of Americans dissatisfied with the freedom to choose what they do with their lives more than doubled, from 9% to 21%.
Well what does that mean?  Does it mean the are unhappy with less choice or happy with less choice? I've read it several times and I come up confused.  I hope the underlying questions are better than the summary for clarity.

Either way, keep in mind the analysis framework I have been pushing...  the ability to lend limitless credit at usury is the heart of the malinvestment and misallocation that erupts as a USA crisis.  Border problems, Iraq and Afghanistan, unemployment, food costs, energy costs, medicine crisis and on and on.

What we see as corruption is simply "no rational limits, no known limits."  We will find those limits soon enough, good and hard.


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