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Jay's Tuesday Free Enterprise Quote - 3 April 2012

By
Home Inspector with Jay Markanich Real Estate Inspections, LLC 3380-000723

"Unfortunately, it is not in the power of government to make everyone more prosperous.  Government can only raise the income of one person by taking from another."

Hans F. Sennholz (1922 - 2007)

Austrian-school economist Hans Sennholz understood that gubment has a lot of power. 

But, as an economist, he understood that it only goes so far. 

It is not powerful to take.  It is powerful to be able to set the rules so that the taking can "legally" happen!  Especially under the guise of "doing good."

But what happens when gubment redistributes "wealth" with impunity, penalizing those who would not want to participate but create wealth instead?

IT IS NO DIFFERENT THAN TAKING WATER OUT OF ONE END OF A SWIMMING POOL AND PUTTING IT BACK INTO THE OTHER END - OF THE SAME POOL!

  • If money is taken, even if a small but ever-increasing percentage, from working people for, say, the medical care of "the elderly," (and the definition of medical care and "the elderly" changes all the time), and so much is transferred that the "program" is continually going broke, IT IS NO DIFFERENT THAN TAKING WATER OUT OF ONE END OF A SWIMMING POOL AND PUTTING IT BACK INTO THE OTHER END - OF THE SAME POOL!
  • If money is taken, even if a small but ever-increasing percentage, from working people for, say, the medical care of "the poor," (and the definition of medical care and "the poor" changes all the time), and so much is transferred that the "program" is continually going broke, IT IS NO DIFFERENT THAN TAKING WATER OUT OF ONE END OF A SWIMMING POOL AND PUTTING IT BACK INTO THE OTHER END - OF THE SAME POOL!
  • If money is taken, even if a small but ever-increasing percentage, from working people for, say, their "security" in "supplementing" their "retirement," (and the definition of how this money is set aside, "invested," what and who it is spent on, and and all the rules implemented to get the "program" started are broken, and what "retirement" means, changes all the time), and so much is transferred that the "program" is continually going broke, IT IS NO DIFFERENT THAN TAKING WATER OUT OF ONE END OF A SWIMMING POOL AND PUTTING IT BACK INTO THE OTHER END - OF THE SAME POOL!
  • If money is taken, even if a small but ever-increasing percentage, from working people for, say, the "general welfare" of a "needing" sector of the population (and the definition of "general welfare" and the "needing" sector of the population changes all the time), and so much is transferred that this "needing" sector STAYS a "needing" sector for generations and learns to expect such monies in ever-increasing amounts, IT IS NO DIFFERENT THAN TAKING WATER OUT OF ONE END OF A SWIMMING POOL AND PUTTING IT BACK INTO THE OTHER END - OF THE SAME POOL!
  • If money is taken, even if a small but time-after-time amount, from working people for, say, the "bail out" of a sector of the economy to "save the world from disaster" (and the definition of "bail out" and "disaster" changes all the time), and that transfer helps to enrich that sector at the expense of the rest of the population, IT IS NO DIFFERENT THAN TAKING WATER OUT OF ONE END OF A SWIMMING POOL AND PUTTING IT BACK INTO THE OTHER END - OF THE SAME POOL!

And all of these wondrous "programs" are scammed and scammed and scammed to the point of ridiculousness!

I could go on with the above bullets, now couldn't I!?

What we need instead is to be released and unfettered from the "wisdom" of the gubment takers so that we, as a people and creative operators can create wealth, and make the pool larger and deeper, with more and more for all. 

GUBMENT DOES NOT CREATE WEALTH.  GUBMENT DOES NOT ENLARGE THE POOL.  GUBMENT DOES NOT MAKE THE POOL DEEPER.  IF ANYTHING, IT DOES THE OPPOSITE.  ONE WONDERS IF THAT IS NOT THE GOAL OF THIS GROUP.  TO MAKE THE POOL SMALLER AND SHALLOWER, WITH MORE AND MORE PEOPLE TRYING TO SWIM IN IT?

Wealth transfer IS NO DIFFERENT THAN TAKING WATER OUT OF ONE END OF A SWIMMING POOL AND PUTTING IT BACK INTO THE OTHER END - OF THE SAME POOL!

Get real people.  Vote smart.



Posted by

Jay Markanich Real Estate Inspections, LLC  

Based in Bristow, serving all of Northern Virginia.

Office (703) 330-6388   Cell (703) 585-7560

www.jaymarinspect.com


Comments(20)

James Dray
Fathom Realty - Bentonville, AR

Morning Jay never heard of the man but he was a wise man.  Sad to say we was and is right in his thinking.  Enjoy the day sir

Apr 02, 2012 07:31 PM
Jay Markanich
Jay Markanich Real Estate Inspections, LLC - Bristow, VA
Home Inspector - servicing all Northern Virginia

James - he taught economics for 40 years at Grove City College and afterward, until his death, worked for the Foundation for Economic Education.

Apr 02, 2012 07:37 PM
Bob Miller
Keller Williams Cornerstone Realty - Ocala, FL
The Ocala Dream Team

Hi Jay, hope you don't mind.  Your post fit so nicely with a series I did last year that I re-blogged it.

Apr 02, 2012 08:00 PM
Jay Markanich
Jay Markanich Real Estate Inspections, LLC - Bristow, VA
Home Inspector - servicing all Northern Virginia

Thanks Bob!  I do these Free Enterprise blogs every Tuesday, on different things like topics, quotes, etc., and have something over 80 of them published on AR.

Apr 02, 2012 08:04 PM
Dale Terry
Yadkinville, NC

Jay, the goal of this administration is to redistribute wealth to those it deems to have been injured by capitalism.  It can get away with all of its policies because in each case it finds a "winner"  and ignores the loser. 

Apr 02, 2012 08:24 PM
Jay Markanich
Jay Markanich Real Estate Inspections, LLC - Bristow, VA
Home Inspector - servicing all Northern Virginia

That is the new battle Dale.  It is no longer between left and right, or conservative and "liberal."  The battle is between givers and takers, producers and non-producers.  And those who feel entitled to be non-producers and takers.

Apr 02, 2012 08:40 PM
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

I have read a few thing that this guy has shared previously. He understands, too bad the current administration doesn't read some of his work and learn from it.

Thank you for sharing the post with all of us.

Apr 02, 2012 08:53 PM
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Take it out of one end and put it back in on the other end. What a useless exercise, not to mention the spillage in transport! Maybe the spillage is the reason to do it? Enjoy the day!

Apr 02, 2012 08:56 PM
Jay Markanich
Jay Markanich Real Estate Inspections, LLC - Bristow, VA
Home Inspector - servicing all Northern Virginia

Joe - there are MANY people this regime could read and look to, most quoted in these blogs over the last two years, but they don't fit the template!

Wayne - there is a lot of spillage!  The other word for that would be SCAM.

Apr 02, 2012 09:19 PM
Lisa Von Domek
Lisa Von Domek Team - Dallas, TX
....Experience Isn't Expensive.... It's Priceless!

Good morning Jay,

Excellent post, and I agree with you and Mr. Sennholz completely.  The Gubment's only claim to fame is the increased number of people with entitlement attitudes.

Apr 03, 2012 03:00 AM
Jay Markanich
Jay Markanich Real Estate Inspections, LLC - Bristow, VA
Home Inspector - servicing all Northern Virginia

Lisa - that's called redistributing the poor...

Apr 03, 2012 04:49 AM
Mike Cooper, Broker VA,WV
Cornerstone Business Group Inc - Winchester, VA
Your Neighborhood Real Estate Sales Pro

The sad thing is that too many Americans don't use common sense when listening the message many of our politicians are spreading.  There is always a message under the message.  In an effort to help all and make things better people accept the government's rational for what they do.  Little do they know that it's a little cheese leading to the trap that will enslave them.  

Apr 03, 2012 09:21 AM
Jay Markanich
Jay Markanich Real Estate Inspections, LLC - Bristow, VA
Home Inspector - servicing all Northern Virginia

And notice, carefully Mike, how the politicians have different stuff for themselves.

Apr 03, 2012 09:24 AM
Lisa Von Domek
Lisa Von Domek Team - Dallas, TX
....Experience Isn't Expensive.... It's Priceless!

Yes Jay, my mistake - I always forget to state this correctly(LOL)...Washington prefers "redistribution" to "entitlement", don't they!?!  The other term I always forget, is they never use the word "tax"!

Apr 03, 2012 09:42 PM
Jay Markanich
Jay Markanich Real Estate Inspections, LLC - Bristow, VA
Home Inspector - servicing all Northern Virginia

Yes, Lisa, it's an "ïnvestment!"  And only certain groups are entitled.

Apr 03, 2012 09:53 PM
Steve Hoffacker
Steve Hoffacker LLC - West Palm Beach, FL
Certified Aging In Place Specialist-Instructor

Jay,

The big shell game - moving money around taking from one and giving to another. :)

Steve

Apr 10, 2012 03:02 PM
Jay Markanich
Jay Markanich Real Estate Inspections, LLC - Bristow, VA
Home Inspector - servicing all Northern Virginia

Of course it is Steve.  And that is where the power is, and why each party wants to be chairmen of the different committees.

Apr 10, 2012 07:40 PM
Steve Hoffacker
Steve Hoffacker LLC - West Palm Beach, FL
Certified Aging In Place Specialist-Instructor

Jay,

Interesting how many millionaires come out of Washington that didn't start out that way. :)

Steve

Apr 11, 2012 03:25 PM
Steve Hoffacker
Steve Hoffacker LLC - West Palm Beach, FL
Certified Aging In Place Specialist-Instructor

Jay,

Congratulations. This post is now featured in "Celebrating Free Enterprise." :)

Steve

Apr 11, 2012 03:25 PM
Jay Markanich
Jay Markanich Real Estate Inspections, LLC - Bristow, VA
Home Inspector - servicing all Northern Virginia

And all on our dime Steve!  Well, not really a dime...

And thanks for the feature!  As always.

Apr 12, 2012 09:27 AM