A view of life and commercial real estate from Newark and Licking County, Ohio
Thursday, June 14, 2012
Giving capitalism a bad name...........
Mark Perry riffs on the abuse of "regulatory schemes" for fun and profit. The spirit of Milo Minderbinder is alive and well. Excerpt here:
The NYC taxi medallion systemcartel is a good example of "government failure" and crony capitalism that harms consumers and impoverishes the citizens of New York City, while enriching a small group of wealthy, politically-connected rent-seekers. Where's the outrage from the OWS crowd, this seems like it would be a good issue for them?