[MD] BBC documentary 'the trap'

[khaledsa]

> dmb says:
> Thanks for that, Khaled. I've started watching it and find it to be 
> quite delicious. I found a succinct little summary of the kind of 
> stuff people will find in the film, at least in the first part. 
> Hopefully, this will help explain some of the main ideas...
>

[khaled]
I am halfway through part 2, and it gets very interesting.

So part of me says that if the free market really wants to be free then
it should be free of all government rules and regulation and bailouts,
and this is how I interpret it:
1. When a financial institution is on the verge of collapse because of
bad management and Las Vegas Style investments, then we should let it
collapse
2. Wars for raw resources should be privately financed
3. If I can travel to Canada or Mexico to obtain cheaper medications,
Government agents should not be stopping me the border ( on behalf of the
drug companies) and confiscating my medication.

I am yet to see a true free market. All i see is corporate welfare.

Then again, we have moved up a notch or two on the evolutionary scale and
we have created societies. So it's time to override some of the selfish
genetic code that is built into us and start using our reason and
intellect to built a more equal and just society. Even in this society
not all will be equal, there will be leaders and followers, poor and
rich, ambitious and so ambitious.

here is a story form the wire a week ago, it's so bizarre, it's sounds
like an urban legend. This is the sort of free market run amok
====================================================
NYC hot dog vendor evicted over whopping rent bill
(AP) – Aug 8, 2009
NEW YORK — Homeowners aren't the only ones in hot water over overpriced
real estate. A New York City hot dog vendor has been evicted from his
prize spot outside the Metropolitan Museum of Art because he couldn't pay
a whopping rent bill of nearly $54,000 a month.
Snack cart owner Pasang Sherpa of Queens had a deal with the city's parks
department that required him to pay almost $643,000 per year for the
vending rights near the museum steps.
He says he was $310,000 behind on his payments when he was evicted.
The Parks Department had auctioned off the rights to the spot last year.
Information from: Daily News, http://www.nydailynews.com
Copyright © 2009 The Associated Press. All rights reserved. 

=====================================================

it's this sort of imbalance in a free market, that points toward its
demise.

Khaled
____________________________________________________________
Easy-to-use, advanced features, flexible phone systems.  Click here for more info.
http://thirdpartyoffers.juno.com/TGL2141/fc/BLSrjpTQZan6grVSbBCpV9CVpBjsB0Pcolmd0L4l1hlaclxchhZzFdHwH08/