On Leviathans and Jobs

Denninger, as usual, makes a succinct point.

If you want people like me to create jobs you have to stop threatening to steal my capital.  I have several ideas for new enterprises, but today I wouldn’t even consider committing that capital to these ventures.  Not because I might be wrong and fail – that’s always a risk, and one that entrepreneurs accept as inherent in the game – but because government wishes to reserve the right to steal my capital any time they wish with their unconstitutional and outrageous mandates and demands.

Let’s be very clear about this: I have every right to dissipate my capital doing nothing more or less than enjoying it, and I will do exactly that before I allow the government to steal it and give it to someone who has done nothing to deserve it.

I feel exactly the same way.

So, what are the odds Leviathan is listening and paying attention? Hint: I have stock in a bridge to sell you…

Extend & Pretend

Read this post and subsequent discussion from Mr. Denninger.

There is no politician, right or left, who is currently in power who will even speak to any of this like an adult, much less act on it.

The party will continue. The band will play on. The Once Great Republic will go full speed ahead to whatever the Crisis is this go round.