The Mob, The President and Congress

01-statue-of-liberty-factsHow many times do I have to say it? Over time government and crime merge. Without explicit preventative efforts the merger becomes complete. Crime is attracted to government for a number of reasons.  Mostly the profits are enormous and there is no way to be prosecuted.  With enormous political power, the mob transfers the risk to elected officials. With government working for them, the mob can have laws passed that make their activities legal and even the preferred method of doing business. Certainly The Affordable Care Act is a mob inspired piece of legislation. The law has negative utility to society. Its biggest accomplishment is that of providing a way for numerous enterprises to skim enormous sums of money out of the healthcare market without providing any benefit whatsoever. The mob uses government to make their crimes legal.

Notice the panic in both parties when the political status quo is threatened. When politicians support Trump, Sanders or any other candidate who has a chance of disrupting the system, they fear upsetting the mob and suffering consequences.

Much has been written and observed with respect to how historical crime families operated. The Republican National Committee and The Democratic National Committee  function according to the traditional crime family model. Notice the enormous effort that goes into circumventing the democratic process. Congress hordes information and all kinds of effort goes into overriding the will of voters.

You already know that you have no representation because you have no political power. The lesson here is that those you vote into office are not autonomous even thought they don’t serve the folks who elect them.

 

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About Fantasy Free Economics

James Quillian independent scholar,free market economist,and teacher of natural law. Who is James Quillian? Certainly I am nobody special, Just a tireless academic and deep thinker. Besides that, I have broken the code with respect to economics and political science. Credentials? Nothing you would be impressed with. I am not a household name. It is hard to become famous writing that virtually no one in the country is genuinely not in touch with reality. But, if I did not do that, there would be no point in my broking the broken the code. If you read the blog, it is easy to see that there are just a few charts, no math and no quantitative analysis. That is not by accident. Given what I know, those items are completely useless. I do turn out to be highly adept at applying natural law. Natural law has predominance over any principles the social science comes up. By virtue of understanding natural law, I can debunk, in just a few sentences , any theory that calls for intervention by a government. My taking the time to understand the ins and outs of Keynes General Theory is about like expecting a chemistry student to completely grasp all that the alchemists of the middle ages thought they understood in efforts to turn base metals into goal. Keynesian theory clearly calls for complete objectivity. Government can only make political decisions. Keynesian techniques call for economic decisions. So, why go any further with that? Fantasy Free Economics is in a sense a lot like technical analysis. Technical analysis began with the premise that it was impossible to gain enough information studying fundamentals to gain a trading advantage. Study the behavior of investors instead. Unlike technical analysis, I don't use technical charts. What I understand are the incentives of different people and entities active in the economics arena. For example, there is no such thing as an incentive to serve with life in the aggregate. In the aggregate, only self interest applies. It is routinely assumed otherwise. That is highly unappealing. But, I am sorry. That is the way it is. I can accept that because I am genuinely in touch with reality. Step one in using Fantasy Free Economics is for me to understand just how little I really know. A highly credentialed economist may know 100 times what I do based on the standard dogma. Compare the knowledge each of us has compared to all there is to know and we both look like we know nothing at all. There is always more than we don't know than what we do know. I am humble enough to present myself on that basis. Why? That is the way it is. I am not bad at math. I have taught math. What I understand is when to use it and when to rely on something else. Math is useless in natural law so I don't use it. While others look at numbers, I am busy understanding the forces in nature that makes their numbers what they are. That gives me a clear advantage.

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