Government Ineptitude Destroys Economic Growth

by Wes Bridel on July 11, 2011

in Economic Updates

Government is inherently bad for economic growth.The more of one, the less of the other. This is proven throughout history & location. We look at recent events demonstrating this fact in today’s economic update video.  The first video in this latest iteration of a continuing series of economic updates can be found here.

In this video we look at stories such as: lifeguards in Orange County being paid over $200,000/year, the Indiana Supreme Court deciding that it could throw out 500 years of Common Law and the US Constitution to give police absolute authority to enter your home without warrant, the US Treasury playing the stock market, the fact that the guys “fixing” the financial regulatory environment are the ones most responsible for crashing the system 3 years ago, the perplexing coincidence that members of Congress drastically outperform the market with their investments…. And these are just the first few stories.  Without further buildup, Here’s the video…

We hope you enjoy this video.  If you have not seen The Coming Storm video, you should do so immediately to have a fuller understanding of what lies ahead.  You can do so for free by going here.  Please let us know what you think of this presentation or if you have any questions, leave them in the comment section below.

The first few videos in this series can be found at:  1) Update on the Economy, 2)  European Debt Crises, & 3) World Economic News.  Some previous economic update videos we did can be found at 1) Hyperinflation in the US?, 2) Hyperinflation signs worldwide,  3) Stock Market & Economy Update, 4) Gold & Silver, and at 5) Government Horrors.  If you are receiving this post as an email or in a reader, you might have to click the post title to take you to the internet to watch the video.  thanks for watching!

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