Tuesday, January 4, 2011

Thought of the day

If I walk up to your door with a gun and demand your wallet, what is it? Robbery.

If I walk up, demand the wallet at gunpoint, and tell you I'll spend 20% on your road improvements and 10% on the charity of your choice, what is it? Still robbery.

If I and my neighbors (all of us with small homes) form a political entity and vote to put in new sewers and sidewalks, and hand the bill to your local business, or just "assess values of property" and tax proportionally (sorry, you own much more valuably property than the rest of us), what do we call it?

Self rule. Democracy. Representative government. Pick your euphemism for what it really is: Robbery.

Blog commment from http://js-kit.com/api/static/pop_comments?ref=http%3A%2F%2Fglobaleconomicanalysis.blogspot.com%2F%2F&path=%2F2011%2F01%2Fconsumer-becomes-consumed.html&permalink=http%3A%2F%2Fglobaleconomicanalysis.blogspot.com%2F&label=Add%20New%20Comment&title=Mish's%20Global%20Economic%20Trend%20Analysis&adminBgColor=%23DDDDDD

No comments: