In a free market any greedy bastard corporations would get taken care of by shareholders or decline in profits and die. Bastard government departments on the other hand...oh boy.
First off, this thread has gone completely off topic. Still want to put my 2cents in tho Both arguments have good points, governments have never shown themselves to be as cost efficient as private companies, but private companies will never do anything in in the interest of the nation, only their bottom line. So it sort of equals itself out. I used to work in the head office of a major toll road operator - what always blew my mind was over half the cost of the toll only paid for the collection of the toll itself. About 40% pays for debt/interest for building the road and under 10% only for road maintenance/ safety. Any company that has a monopoly, ends up just as inefficient as government. On topic, RE: PM corrections, I believe not much has really changed from a month ago. End of financial year will always cause some volatility, then Greek sovereign debt will either prop up the US$ or the AUD$ depending on how it plays out. Global economy is probably going to slump a bit as China tries to avoid reaching crazy inflation levels, Silver industrial use probably going to fall or move sideways for a few months at least, price prob isn't going to go that far in either direction. Gold might fare a bit better as long as everyone sees through band-aid solutions to deep economic problems.
It went off topic because we tried to argue about correction to win a silver maple. I agree with your sentiment, but nothing is absolute until it has happened.
This is really easy to fix. In this order because it is crucial: First you start and successfully administer a short term bloodless Coup. This has to be the first step as Ludwig would not likey. Secondly you clone Ludwig Von Mises and have him write and implement your economic policy (while cutting back the Federal government to about 1/4 of it's current size). Thirdly, you outlaw the word Keynes or any talk of his policies unless it is in the context of him being some sort of devil and indoctrinate the little kiddies coming through on the Austrian School of Economics. Fourthly, you write a bill of rights, similar what is currently used in the US with it's amendments, except instead of broad easily manipulated amendments that could mean anything like "The Right to Bear Arms". You have amendments like " Every citizen has the right to a medium of exchange issued by the government that is 100% redeemable in gold or it's equivalent in ounces of silver(16:1?) and the said exchange rate can not be altered under any circumstances. Fifthly, you hand back the freedom of the country (now fixed) but with a very tight set of bill of rights that can not be manipulated by future snakes in parliament or they may be brought in front of the full force of the law (or well knotted Rope). Pretty simple really YKY Please explain this SAVVY thing, I'm a late comer and it is driving me crazy. Cheers Chris
http://www.urbandictionary.com/define.php?term=savvy http://www.reelwavs.com/movies/pirates_of_the_caribbean/captjack.wav http://www.youtube.com/watch?v=2UO1Dm_HFAk http://www.moviewavs.com/php/sound...ead_Mans_Chest"e=savvy.txt&file=savvy.mp3 Jack: "(cannibals' language) Se se lom shup shup shaw swami lama shuku. Savvy?"