Comments on: Asian Markets Have Been Hit Hard By The Subprime Crisis http://www.dailyreckoning.com.au/asian-markets-subprime-crisis/2008/04/07/ An independent perspective on the Australian and global investment markets Mon, 22 Mar 2010 10:33:48 +0000 http://wordpress.org/?v=2.8 hourly 1 By: Smack MacDougal http://www.dailyreckoning.com.au/asian-markets-subprime-crisis/2008/04/07/comment-page-1/#comment-16019 Smack MacDougal Mon, 07 Apr 2008 17:50:33 +0000 http://www.dailyreckoning.com.au/asian-markets-subprime-crisis/2008/04/07/#comment-16019 Bill "Dear Reader" Bonner says, "But mostly, grosso modo, the free market gives people what they've got coming." All should run for the hills when you hear or read someone write, "the free market". No monolithic one market exist. Yet, many markets exist, although calling them "Free Markets" would be a stretch. No worthy advice can come from anyone who thinks that capitalism means "the free market" or that a monolithic "the free market" exists. Folks don't get what they have coming to them. Nearly all Everday folks become indoctrinated shortly after birth into the many Statist rhetorical schemes filled with words like democracy, freedom, land of opportunity, self-made man. Yet, behind the scenes, Statists build their Barriers to Entry with regulation and regulatory agencies staffed by armies of technocrats and bureaucrats. Statist insiders trade on asymmetric intelligence from Central Bankers, legislators, lobbyists. No, folks don't get what the have coming to them. However, one day, all of these effeminate, half-men who can't compete in aboveboard games might one day see their kind slaughtered when the Everyday Folk awaken from their slumber and give what others will get. Bill "Dear Reader" Bonner says, "But mostly, grosso modo, the free market gives people what they've got coming."

All should run for the hills when you hear or read someone write, "the free market". No monolithic one market exist. Yet, many markets exist, although calling them "Free Markets" would be a stretch. No worthy advice can come from anyone who thinks that capitalism means "the free market" or that a monolithic "the free market" exists.

Folks don't get what they have coming to them. Nearly all Everday folks become indoctrinated shortly after birth into the many Statist rhetorical schemes filled with words like democracy, freedom, land of opportunity, self-made man.

Yet, behind the scenes, Statists build their Barriers to Entry with regulation and regulatory agencies staffed by armies of technocrats and bureaucrats. Statist insiders trade on asymmetric intelligence from Central Bankers, legislators, lobbyists.

No, folks don't get what the have coming to them. However, one day, all of these effeminate, half-men who can't compete in aboveboard games might one day see their kind slaughtered when the Everyday Folk awaken from their slumber and give what others will get.

]]> By: John http://www.dailyreckoning.com.au/asian-markets-subprime-crisis/2008/04/07/comment-page-1/#comment-16017 John Mon, 07 Apr 2008 17:49:16 +0000 http://www.dailyreckoning.com.au/asian-markets-subprime-crisis/2008/04/07/#comment-16017 It seems to me that a dictatorship (China) actually has more potential for economic growth, as they are not susceptible to "mob rule", which usually results in socialistic policies... Of course, you can end up in a police-state communism as well, depending on the dictator... It seems to me that a dictatorship (China) actually has more potential for economic growth, as they are not susceptible to "mob rule", which usually results in socialistic policies... Of course, you can end up in a police-state communism as well, depending on the dictator...

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