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How Political Corruption Is Responsible For 80% Of Your Cell Phone Bill
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<blockquote data-quote="wkmac" data-source="post: 960303" data-attributes="member: 2189"><p>Tex,</p><p></p><p>Great piece. Textbook example of Crony or State Capitalism at it's best and what is known as regulatory capture. Between gov't itself in regulatory form and the monopolized monetary system and it's ever inflating fiat currency, rent seeking costs are so toploaded onto the end user costs of goods and services that a growth class of poor is all but guaranteed. This opens the door for statism to step in and fill this market void as a solution and savior while empowering the connected as electoral power brokers and their appointed lackey power players who get held up as some kind of leader. All the while guiding everyone back to the snakehole everytime to just be bitten again and again. </p><p></p><p>Once we realize that State Corp. Capital and the State are not our friends and work against us at every level, then we can begin to work outside that manipulated markets as pirates and black marketeers especially in the local market and start building structures that undercut this market manipulation.</p></blockquote><p></p>
[QUOTE="wkmac, post: 960303, member: 2189"] Tex, Great piece. Textbook example of Crony or State Capitalism at it's best and what is known as regulatory capture. Between gov't itself in regulatory form and the monopolized monetary system and it's ever inflating fiat currency, rent seeking costs are so toploaded onto the end user costs of goods and services that a growth class of poor is all but guaranteed. This opens the door for statism to step in and fill this market void as a solution and savior while empowering the connected as electoral power brokers and their appointed lackey power players who get held up as some kind of leader. All the while guiding everyone back to the snakehole everytime to just be bitten again and again. Once we realize that State Corp. Capital and the State are not our friends and work against us at every level, then we can begin to work outside that manipulated markets as pirates and black marketeers especially in the local market and start building structures that undercut this market manipulation. [/QUOTE]
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