“The establishment media and many economists and other social scientists continually bemoan the varying income differences generated by voluntary and ever changing consumer choices on the market. In the U.S., the political class regularly and forcibly extracts a massive amount of income from productive workers, investors, and entrepreneurs via taxation and money creation (‘quantitative easing’ and ‘zero interest-rate policies’) and funnels these stolen funds into its own pockets and those of privileged financial institutions, giant agribusiness corporations, government military contractors, construction unions, etc.”
http://bastiat.mises.org/2013/09/plundering-the-provinces/
(Visited 38 times, 1 visits today)
Related posts:
Reporter Baffled After TSA Rejects His D.C. ID, Demands Passport
Gold in them bits: Inside the world’s most mysterious Bitcoin mining company
The EU Robs the Bank In Cyprus - Coming to the USA Too?
Cyprus gets €2bn EU bailout despite money laundering concerns
New Mexico Bans Civil Asset Forfeiture
In San Francisco, It’s Illegal to Store Your Own Stuff in Your Own Garage
Bitcoin’s Evolution Will be SWIFT
10 Shocking Examples of Police Killing Innocent People in the "War on Drugs"
The Unfathomable Depravity of the CIA
Smith & Wesson Ends Most CA Sales Due to Microstamping Regulation
Breakthrough process turns skin cells into protective brain cells
$200 to set up a lemonade stand in Illinois is 'insane': senator
A (relatively easy to understand) primer on elliptic curve cryptography
Does Facebook Help the Prosecution, But Not Defense?
A View Down The Road