Wednesday, August 24, 2016

The Road To Serfdom

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The term war has many meanings, not all of which have to include hostile or violent.

A boycott is a peaceful war to express your opinion about the services you've been promised but nearly never get from big business. It is also another way--before it is banned, and don't think they won't go there--to let corporations know how you feel about corporations that financially support firms and ideas that threaten your liberty and freedom of movement and expression.

The recent Olympics was clearly a case of this. Sports Illustrated's recent cover featured three exceptional gold metal winner from politically accepted sports. Coca Cola, not by any means alone here, has displayed similar behavior. Yet there were other gold metal winners, exceptionable in what they did in Rio, who are shunned because their sports are not PC. Misconstrue not, these are political decisions.

Big banks and big bankers are a case in point. Responsible as they are today for many of the globe's financial woes, they're just another species of politicians, promising much for your money but delivering little. They do all they can with the technology spurt to get you, the customer, to do their work for them. A few years back the complaint was about jobs getting outsourced to foreign countries. Today it's a form of internal outsourcing of non-paying jobs right to your home.

Think of it as another branch of ZIRP. Free labor. It holds their costs down and buoys their profits and those big bonuses. Like inexpensive Beverly Hills attorneys, big banks and service is an oxymoron. Your purchasing power is what they're after. It's way beyond greed. It's the road to serfdom. And you've been wheedled and ultimately forced there by the magical term convenience. But prices at convenience places are always higher. Check out a paycheck cashing place. Or buying an airlines ticket at the last minute.

Nothing wrong with this if you get the service you're paying for since it's about freedom of choice. But when someone can't get a bank account or a loan, what's left is called a monopoly. And that's what big banking wants, a legalized monopoly. It's their way or else.

There's an old saying if you snooze you lose. That might explain why big pharma and their cohorts in medicine have half the nation between the ages 10 and 45 on anti-depressants and anti-angst pills.
Snooze if you must while you still have the freedom to check that box. But like the Tooth Fairy, free lunches don't exist. Serfdom does.





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