Monday, April 5, 2010

Part II: The Big Lie

Bureacracy is the death of all sound work.--Albert Einstein

The BIG LIE started for me when I was taught in school about the great depression…the financial one (the disco era was only the little depression). Many of you can relate. Great Depression-Bad. New Deal-Good. The stock market crashed due to people buying stocks on margin. Margins were called, people could not pay, banks failed, jobs lost; SEC, FDIC, WPA, Social Security etc. were born. Wonderful! We are saved!

Saved? So after that time there were no more bank failures, no more stock crashes and no more jobs lost? Certainly, you could argue that it hasn’t been as bad as the Great Depression, but I would then argue that if government programs are the answer, then they should work 100% of the time, not only be occasionally efficacious.

Likewise, I would argue that it was not these Government programs that have kept us safe-ish, but instead it was the individual who chose to be financially prudent and educationally prepared that lessened the blow. The people who have best weathered the subsequent financial follies, are not those on the government dole, but those who heeded the lessons of the past. In short, as far as I can tell, the only thing the government programs have done is taken the credit and thickened the quagmire.

The government has layered bureaucracy upon bureaucracy resulting in intolerable taxation and unfathomable regulation. Did anyone see any personal benefit mentioned in the previous sentence? If you did, you must be a bureaucrat.

Part III: Who is in Control?