More government tampering

Instead of letting the market work, the government has yet another new law that will stifle the economy. As you can read here, renters are now "protected" from getting kicked out of their apartments if the landlord is foreclosed on. Never mind that the bank wants to deal with the property in their own way, which many mean sprucing it up. The bank may also want to sell the land to an investor, who may want to raze the complex and build something else. It seems the government wants to protect us from every little hazard and risk in the world. Maybe I need a bureaucrat to drive me around to make sure I'm safe and I don't get into an accident. Got one, Barack?

Baby Boomers vs. Millenials?

CNN.com interviewed a young man named Matthew Segal today; he's the head of a new organization name 80millionstrong.org. The "80 million" are the Generation Y Americans, otherwise known as "millenials."

During the short interview, the young Mr. Segal never once mentions capitalism, private property, personal responsibility, hard work, or any other valuable attribute that built this country. Instead, he states that his group wants to convene in Washington D. C. with similar groups to "propose solutions . . . to create legislation." So the government is the solution once again! Instead of reading How Capitalism Saved America by Thomas DiLorenzo and then embracing the most moral economic system yet devised, he does what a typical big-government loving American always does - looks to the government to solve his economic problems.

He also wants special treatment for the millenials. He states that the government should be "freeing the flow of credit," while providing "tax breaks and lower interest rates." Never mind that I may need a loan (I'm a baby-boomer) - this program is for "young companies with young ideas" according to Mr. Segal.

Segal is also upset that "young people are targeted by credit card companies." He admits that many college students use the cards for textbooks, food, shelter, etc., but it doesn't sit well with him. He wants yet another government solution. (I think many of his fellow millenials will be upset if the government starts restricting their credit cards).

He's also upset that kids whose parents have money seem to have an advantage - "parents help subsidize their living, their food, and their transportation costs." Hmm, maybe I should let my two young daughters know now that Matthew disapproves of what I plan to do (help my kids) and maybe I shouldn't do it.

In summary, we have a young man who probably has no training at all in life, liberty, and private property. He's probably been brainwashed by both parents and schools that the market doesn't work, capitalism stinks, and that we need more government. Poor kid. Even if introduced to great sites like mises.org, fee.org, or fff.org, he probably wouldn't get it.

Capitalism at its finest

Walt Disney was a wealthy man. Why? Because he pleased millions of people. One of his dreams, Disney World, is a true testament to the power of the most moral economic system on the planet: capitalism.

Having just returned from my first visit there, I am still blown away. The food was great, service awesome, shows and rides incredible. And it costs Disney World a fortune to provide all of that to the world. The payroll at the Magic Kingdom alone is $1.1 billion a year. The amount spent on maintenance: $100 million!

Anyone who advocates socialism should spend a few days at Disney World. No government in the world can plan the parks the way the Disney corporation has. Without the incentive that capitalism provides, a government-run theme park would be a disaster. The government can't even run a simple railroad (AMTRAK) properly - so how could they plan theme parks that employ thousands? The old saying will always hold true: markets work, central planning doesn't.