“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/
Related posts:
"Polish" Death Camps and Censorship's Unintended Consequences
Obama administration task force wants to make unauthorized streaming a felony
The European Economy You Must Own
The End Game, or Just a Pause?
The Secret Plot to Prop Up the Municipal Bond Market
The Booming Industry of Legal Marijuana: The Next Dot-Com
Artificial Leaf Generates 100 Watts of Power from Dirty Water
100+ complaints and only a demotion: What does it take to fire a bad cop?
Man gets drunk randomly because his own body brews beer from carbs
Australia To Start Taxing Bank Deposits
Ex-Marine Arrested for Wearing Wrong T-Shirt at Supreme Court
Elon Musk condemns the ‘perversion of democracy’ in Texas
New law will ban protesters from riding mass transit in California
Match.com Founder: Fed Spyware Searching For Bitcoin Wallets
Sudden spike of Tor users likely caused by one “massive” botnet