Category Archives: Politics

Those Evil And Greedy Hotel Owners

My family and I recently traveled cross country and I looked for inexpensive hotels for our overnights. I discovered that the average price for a decent hotel was about $70.00 a night. So let me see. $70.00 a night equates to about $2100.00 a month for rent. Wow, what a rip off for a one-room kitchenless, unit in a so-so neighborhood next to a freeway.

So there I was, getting sleepy, in dire need of a place to lay my head, and waiting for me were these greedy hotels wanting to gouge me just because they could. Man! Greed is so ugly.

So, what I propose is a law that makes it illegal for these shady types to charge so much to people who have no other place to stay. Let’s see, the going rent payment for a family of 4 is, say, $1000.00 a month. This equates to about $32.00 a night. But since hotels only give you one room, then it ought to be at least half that. So the proper rate should be about $15.00 a night. That would be fair.

“But wait”, you say, “hotels are different than houses. What you’re saying is completely absurd.”  To this I respond, “Yes it is, very.”

But what if I were to change the discussion to loans? Suppose I said that all loans ought to look like a home mortgage. Suppose I looked at the payday-loan business down the street and started a crusade to force them to lend their money for a more “fair” rate?

In the same way that finding a place to sleep would become virtually impossible if rates were forced to be less than $15 a night, then so would getting that much needed loan to keep my lights on, or being evicted; both of which are much more expensive to remedy than the interest rate for high risk loans.

But hey, at least my do-gooderness would get a boost from “helping” the poor, even if I actually did more to hurt them, and that’s what it’s all about… isn’t it?

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Filed under Economics, fairness, Money, Politics

Marxism, Capitalism And Their Politics, Explained

Why can’t government use its power to force equality?

What are some real problems with Marxism’s idealistic theories?

Does Capitalism really exploit the weak?

This video is a great short lesson in answering these questions:


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See also:

Bob And His Apples

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Filed under Economic Science, Economics, Government, Harsh Reality, Politics, Worldview

Free The Slave? Not So Fast!

The prominence of slavery was a reality for all but the tiny slice of recorded history we call the present.  But mankind appears to have rejected this practice  in modern Western Civilization, which, given the stock from which I come myself, probably saves me from being one… which is good.

But fortunately for us lazies and unfortunates another kind of slave has emerged.   This new slave is cheap, works hard day and night, never complains, and separates us by leaps and bounds from the toils, cares, and harsh realities that were ever present in the lives of our ancestors.  But, best of all, this slave is willing to be enslaved, and needs no crusader on his behalf… until lately.

The slave of which I speak is “energy”.  This slave looks like a washing machine, a dishwasher, air conditioner, automobile and so on. And for those who in the past needed armies of slaves for building pyramids and harvesting crops and so on, those armies now look like bulldozers, cranes, and combines.

Also, we generally associate slavery with back-breaking labor.  But this slave does much more than that. It will take us 2000 miles in a few hours, or pump blood through our bodies while another heart is installed, and much more. Let’s see our mental image of a slave do that!

There’s an old Chinese proverb that supposedly goes like this: “If you want to know about water, don’t ask a fish”. Everyone alive today has benefited so much from this slave, and in so many ways,  we now take “him” for granted.  It’s almost as if this slave is as sure to us as tomorrow’s sunrise, and as plentiful and certain too.

Perhaps life immersed in a world filled with the benefits of energy explains why so many, who daily depend on this willing slave for life as we know it, also believe that it can be done away with, and life as only we few humans in history have experienced it, will continue unchanged.

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Filed under Economics, Harsh Reality, Politics, Words, Work, Worldview

Was Hitler A Radical Right Wing Extremist, Or A Leftist?

To answer the question one needs to define the terms. What does it mean to be a leftist, or right winger?  Confusion on these terms lead many to embrace more laws and government intrusion in the name of liberty.  Taking ten minutes to watch this little explication will be ten minutes well spent for the sake of clarity.

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and more:

http://suyts.wordpress.com/2013/06/19/shock-news-nazism-is-short-for-national-socialists/

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Filed under Government, Morality, Politics, Worldview

“Words Are Wise Men’s Counters… But They Are The Money Of Fools”

In the post before last I excerpted a passage from “The Road To Serfdom” concerning the redefining of “words”. Below is a short video that builds on that idea.  It also explains how the words “social justice” are “money of fools”.

H/T Right From Yaad.

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Also check out this series on social justice:

Part 1

Part 2

Part 3

Part 4

Part 5

Part 6

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Filed under Economics, Equality, Harsh Reality, Morality, Politics, Social Justice, Words, Worldview

The Anatomy Of Debt

Living in a debt based economy has a way of obscuring reality, perhaps especially when it comes to the basics of debt.  So to get back to those basics, and right to the point, let’s look at 3 basic components of all debt:

  1. Something of value
  2. The lender’s past
  3. The borrower’s future

“The past” you ask? How can debt involve the past?  Well, let’s say you hit me up for ten bucks.  That ten spot doesn’t just pop into existence because you need it.  No, In order for me to have it, it had to be earned at some point in the past.  If I now lend it to you, with interest, I am in effect delaying the benefit of my past effort so that you may use it as a present benefit.  Of course I don’t forgo that benefit for free, I charge you interest.

This loan, in essence, was a transaction.  I exchanged, or sold, a piece of my past for a piece of your future, with a profit margin.  This is debt in a nutshell and there are perfectly logical and good reasons, both for the lender and the borrower, to engage in such transactions.

The purchase of knowledge, (education) a modest home and transportation are excellent reasons a lender might “invest” in someone’s future.  And the borrower, who uses the benefits of his future early, enables himself to profit from earning more for longer.

These kinds of transactions take place across the spectrum of scale everyday.  Even government gets in on the action, only it plays out much differently there.  While its transactions still have these three components, they become mixed up.  The politician confiscates the pasts of some, sells the futures of others, invests that capital into his own political future through vote buying schemes, and then calls the whole thing compassion.

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Related posts:

On Political Motivations

On Fractional Reserve Banking

On Saving/Borrowing

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Filed under Banking, Economics, Government, Politics

Unless Deceived, Or Intending To Deceive, Effective Communication Requires Words Have Universal Meaning.

Following are a few excerpts  from “The Road To Serfdom” by F. A. Hayek concerning “words”

From page 174:

The people are made to transfer their allegiance from the old gods to the new under the pretense that the new gods really are what their sound instinct had always told them but what before they had only dimly seen. And most efficient technique to this end is to use the old words but change their meaning.

And continuing on page 175:

If one has not one’s self experienced this process, it is difficult to appreciate the magnitude of this change of the meaning of words, the confusion which it causes, and the barriers to any rational discussion which it creates. It has to be seen to be understood how, if one of two brothers embraces the new faith, after a short while he appears to speak a different language which makes any real communication between them impossible. And the confusion becomes worse because this change of meaning of the words describing political ideals is not a single event but a continuous process, a technique employed consciously or unconsciously to direct the people. Gradually, as this process continues, the whole language becomes despoiled, and words become empty shells deprived of any definite meaning, as capable of denoting one thing as its opposite and used solely for the emotional association which still adhere to them.

Clarity, unlike obfuscation, is not only required for discourse it is medicine for the deception that ails.

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Filed under Economics, Politics, Worldview