John Stossel - Free To Choose 6/10/2010

This program is great. Prosperity is simple. Get governmetn out! Keep government limited and let the people and the States govern themselves. Our country will not recover as long as governmetn continues to drain us of every cent and every bit of property.

I'm currently reading freedom to choose, and he definitely nailed it.

I am glad Stossel did a show on Freedom to choose and Milton Friedman’s work. I saw it the other night, and there is a segment that shows Milton Friedman’s talking about the federal register, and the explosion of federal regulations issued every year. In 1936 all the regulations from agencies in Washington fit into 3 volumes. Today 75 volumes comprised of over 78,851 pages of regulations exist! At any given time, any business is going to be in violation of scores of regulations.

There is a critical mass of legislation and regulation for every civilization’s legal system, when reached the economic and political system becomes so overburdened they collapse. Everything is regulated, yet the regulations are so numerous and extensive, that no one knows what the regulations are or how they work –not the citizens, the businesses, the enforcement agencies, or even the legislators. Laws are dusted off and pulled up to deal with a problem after it already occurs. The citizens hate and revile their government, jobs are scarce because small businesses have wiped out, and everyday citizens are subject to fine or punishment by the government because they are in violation of one of the millions of regulations and the law doesn’t allow ignorance of the regulation as an
excuse.

Milton Friedman was wrong. His basic thing was money making is good - which allowed "greed is good" to be the anthem.

Unfortunately it breeds, and has proven to breed dis-health by throwing the economic balance out.

Healthy economy is when everyone is taking part and creating wealth.

Taken up, Milton Friedman's call destroyed economic health by fragmenting and parsing out wealth, thereby destroying production; - which is the only value to a money.
When the economy is healthy, everybody's making it, everybody's creating wealth and everybody's happy. And everybody knows it.
Concentrated money, holdings and power destroys the actual value of the currency itself (which, in the end, is bad for even the people who took it).

But they're dummies. Oh, excuse me, "only human"

I just like his legalization stance on drugs...