There is a great article bemoaning the statist and leftist nature of the "Occupy Wall Street" movement from the Mises Institute today, titled "Occupied by Government."
It lists out their key demands - and they make me cry! They are:
1. Raise the Minimum Wage to $20:
I wonder who teach these guys Economics or Law - for if poverty could be removed by legislation, India would have been rich long ago!
2. Free College Education:
If the government teaches them, what will they learn? Indeed, they will live forever on minimum wages, and forever go on demanding more!
3. Guaranteed Living-Wage Income, Regardless of Employment:
Further nonsense! What about "economic freedom"? What about "sound money and free, honest banking under law"? What about Ron Paul and his campaign to "End the Fed"? These guys seem to be led by duds!
4. Ending Free Trade And Opening Immigration:
This is the best - AUTARKY! Forget about the "international division of labour." American swadeshi!
5. Immediate across-the-board debt forgiveness for all; Outlaw all credit-reporting agencies:
The Fed is your enemy, stupid. What you are asking for is, strictly speaking, THEFT!
6. One trillion dollars in infrastructure spending:
As the dude who has written this article put it - If this were the solution, why not do 2 trillion? Why not 100 trillion? Why don't poor countries just spend more?
Thus, just as the Anna Hazare Movement here is all bollocks - so is the Occupy Wall Street Movement in the USSA. These guys sound like Noam Chomsky of Harvard U - the guy in the photo above, saying:
But, there is hope. Some guys are talking about "Fuck the Fed." EPJ has the video of the Boston Fuck the Fed Movement here. It's the third video.
And there is a smart young guy talking Mises, Rothbard, Hazlitt etc. in the OWS area - and there is that video here. Awesome!
If Anna Hazare will fail, OWS will fail too.
And then, perhaps, if guys with sense keep on and on hammering their points home, good sense will prevail, and the correct economic doctrines will rule the world.
It lists out their key demands - and they make me cry! They are:
1. Raise the Minimum Wage to $20:
I wonder who teach these guys Economics or Law - for if poverty could be removed by legislation, India would have been rich long ago!
2. Free College Education:
If the government teaches them, what will they learn? Indeed, they will live forever on minimum wages, and forever go on demanding more!
3. Guaranteed Living-Wage Income, Regardless of Employment:
Further nonsense! What about "economic freedom"? What about "sound money and free, honest banking under law"? What about Ron Paul and his campaign to "End the Fed"? These guys seem to be led by duds!
4. Ending Free Trade And Opening Immigration:
This is the best - AUTARKY! Forget about the "international division of labour." American swadeshi!
5. Immediate across-the-board debt forgiveness for all; Outlaw all credit-reporting agencies:
The Fed is your enemy, stupid. What you are asking for is, strictly speaking, THEFT!
6. One trillion dollars in infrastructure spending:
As the dude who has written this article put it - If this were the solution, why not do 2 trillion? Why not 100 trillion? Why don't poor countries just spend more?
Thus, just as the Anna Hazare Movement here is all bollocks - so is the Occupy Wall Street Movement in the USSA. These guys sound like Noam Chomsky of Harvard U - the guy in the photo above, saying:
Banks Derive Their Money From The State
So, Increase The State
And there is a smart young guy talking Mises, Rothbard, Hazlitt etc. in the OWS area - and there is that video here. Awesome!
If Anna Hazare will fail, OWS will fail too.
And then, perhaps, if guys with sense keep on and on hammering their points home, good sense will prevail, and the correct economic doctrines will rule the world.
Property Liberty Gold Peace
Ron Paul
OWS- excellent reading. Thanks for sharing the knowledge. Hope better decisions can be made now that you have given/shown the way. Manohar
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