Sunday, February 17, 2008
Please, no more government solutions
In these times, with the ever-present media blitz that the plummeting Real Estate market has caused, many politicians think what the people really want is some kind of government-based solution to the markets' woes, as shown in the bullshit stimulus package that slipped out of congress and Bush’s' asses last week. At the same time hearing, even from the GOP frontrunner, the same old crap about "corporate responsibility" and "greedy corporate interests", it's important to recognize the disasters that have befallen the business world following the implementation of these so-called solutions. Sarbanes-Oxley, the infamous Enron laws, have had a lasting negative impact on all sectors of our economy and I'm sad to report that the corporate business environment in Europe and Asia are thriving compared to the USA. This article at City Journal lays it all out there for your inspection. Then you can grieve with me about the sad state of business in this country.