by MN Gordon
Gross Regulatory Overburden
Corporate life in America these days is fraught with tedium. First the MBAs imposed their silly six sigma processes and reduced workers to mere widgets. Then the regulators went through and squashed out any fun that remained.
Gone are the days when shrewd eccentrics could get rich using technobabble to hawk the Turbo Encabulator. Alas, there are rules and regulations stymieing all creativity. In fact, as a matter of law, such restrictions are shoved in the worker’s face each morning as they fill up their morning cup of coffee.
By our rough (Read More....)
. . . → Read More: Putting an End to the Regulatory Industry
by MN Gordon
Over the years, we’ve come across many bad ideas. Rap music, for instance. Or legal tender laws. But the real measurement of a bad idea is how much popular destruction it can bring.
It’s a real shame there’s no warning system, like an air raid siren, to tell people to take cover from the bad idea de jour. For a bad idea coupled with a good story will compel vast populations to ruin themselves. Once established, there’s no turning back. Bad ideas must run their natural course leaving destruction in their wake. Then they must run their course again, and again.
Communism, for example, made an utter mess of the 20th century. Armed with all the smartest guys in the room, the Soviet Union’s state planning committee drafted up five year plans for what it called the centralized development of the national economy.
The first five year plan brought to realization the grand idea of collective farming. What could be more efficient than commanding what crops to plant and acreages by (Read More....)
. . . → Read More: One Destructive Bad Idea
Almost every store that you visit uses hidden camera technology in order to protect their merchandise, and it is also common to run into surveillance equipment at ATMs and banks. Additionally, there are some areas that have cameras in place to help local law enforcement officials monitor traffic violations such as running a red light, and it is now common for police cars to have cameras installed on the dashboard. It is understandable how someone can become uneasy when you consider how many different times a day you are probably being recorded. However, many people believe that the protection that these cameras provide is worth having their privacy invaded.
How Does Hidden Camera Technology Impact our Rights?
Although most people have gotten used to the idea that they will encounter hidden cameras throughout the day, this does not mean that each of them has been installed in accordance with the law. In fact, each state has its own guidelines about (Read More....)
. . . → Read More: Smile! Why Hidden Camera Technology Is Everywhere
by MN Gordon Economic Prism
Buying low and selling high is an investment strategy that guarantees success. But few are capable of doing it. Most people have an uncanny ability to buy high and sell low.
They’d rather buy Facebook at 80 times earnings than DOW Chemical Company at 13 times earnings. The simple fact is, where financial markets are concerned, most people couldn’t recognize a good deal if it hit them square in the face. If something’s selling for 80 percent off its peak price they won’t even consider it.
Of course, you can’t go by price alone. A certain stock may be beaten down because its business is failing. What appears to be a bargain price may not be such a good deal after all if shares eventually fall to zero.
Warren Buffett, the world’s most successful investor, noted that “It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.” He also clarified “…that a business or stock is [not] (Read More....)
. . . → Read More: Putin’s Revenge?
Article By J Vanne
Scarely a day goes by, in which you and I don’t read about some outrage by the leftist police state against the Constitution and our basic human freedoms, as understood going as far back as the Magna Carta. The days seem very black – and indeed, they are very black. Fascism – the term here not used as a slur, but as defined by both Mussolini, as well as Webster’s Dictionary, denoting the merger of the socialist state and large, co-opted organizations – runs rampant uber alles. Profits are privatized (Read More....)
. . . → Read More: Distant Hoofbeats: Western Refusniks and the End of Fascism