Every time we cede more control to the government, we become more dependent on it. The better choice is not dependence on government to solve problems for us, but binding together in our community and solving problems together, voluntarily.
When a parliament wants to sidestep an issue rather than resolving it, it calls for a study! The studies can use up lots of resources and parliaments typically ignore them, making them a waste of money. The Wall Street reform bill of the U.S. Congress called for fifty studies, an impressive level of trying to look busy while dodging controversy.
The cost of government regulation is truly staggering; it is also a barometer of how free we are to pursue our own interests and to determine the course of our own lives. The cost of regulations is one trillion dollars in USA and two trillion euros in Fourth Reich(EU) every year. Financial costs are not the only burden. Regulations also result in a tremendous loss of one of our most valuable and limited resources, time. The private sector is spending over 10 billion hours a year just to meet government paperwork demands in USA, and 20 billion hours in Fourth Reich. It is no wonder that regulation discourages the creation of new businesses, new jobs, new products, and new services. Starve the beast by fighting taxes.
One government intervention inevitably leads to more interventions in order to address the crises that are generated by the previous interventions. Ultimately the crises continue getting so bad that the government ends up taking over the entire sector. "I'm from the government, and I'm here to help." Ronald Reagan considered those nine words the most terrifying in the English language. And the government has been offering a lot of such help lately.
The government has the opposite of the Midas touch. This has been observed over and over by the reduced quality and rising prices in every private industry in which it entangles itself. Yet somehow people still seem willing, even eager, to relinquish to government control the most important and sensitive portions of our economy and society. Education, healthcare, and energy are all unfortunate examples of industries that are far too important to be left to government control when it is the market that has the golden touch.
Venitis Law of Intervention: Any government intervention deteriorates an existing trend. Laissez-faire is the only progressive policy.
Premier George Papandreou of Greece crossed the Rubicon on October 18, 2010, when his deranged minister destroyed a distinguished professor and dissident blogger. That's why the Global Tax Revolt declared October 18 as the International Day Against Cybercop Brutality. http://groups.yahoo.com/group/globaltaxrevolt
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