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Elon Musk Is Correct: End the Fed and the CFPB
What people actually paying attention know? Is Big Business and Big Government work in tandem – to their ongoing mutual benefit. And the country’s destruction.
Big Business writes laws making Big Government bigger. Which Big Government then passes. Bigger Big Government then works to make Big Business even bigger. Bigger Big Business then writes laws…. Lather, rinse, repeat….
Nauseatingly over-remunerated Big Bank employees become Big Government bureaucrats. Who then help the Big Banks get even bigger. Then the Big Government bureaucrats are rewarded by becoming nauseatingly over-remunerated Big Bank employees. Who then become…. Lather, rinse, repeat….
To wit: I give you the United States’ financial sector. The Big Banks are titanic, dominant forces that control great and growing percentages of the market. The Big Government agencies that allegedly exist to prevent Big Bank abuses? The Federal Reserve and the Consumer Financial Protection Bureau (CFPB) chief amongst them? Are titanic, dominant forces that control great and growing percentages of the market.
Together? They dominate and have destroyed their huge portion of the US economy. (more…)
THE (NOT QUITE) LATEST
Let’s Please Return DC to Regular Order and We the People
The US government is $36+ trillion in debt. And counting…. The US government’s Social Security and Medicare are almost $200 trillion short. […]
Biden Stymied Wireless Internet Expansion. Trump Won’t
It’s always hilarious when people want government to do stuff. Because not only is government awful at everything? It is excruciatingly slow […]
Marc Andreessen on Joe Rogan: ‘CFPB…Gets to Run and Do Whatever It Wants’
For MANY years, I have incessantly pointed out that there is supposed to be no such things as “independent agencies”: “The Constitution […]