Somebody pointed out to me yesterday that Ben Bernanke is from Augusta, Georgia -- the South. I am so ashamed.
But then the Federal Reserve scheme was hatched in Georgia, too. On Jekyll Island. What's the matter down there? Somebody from North Carolina -- I mention no names -- once said, if you want to know what 250,000 Confederate soldiers died to prevent, look at Atlanta.
On 25 June 1876 in the Battle of Little Bighorn the Sioux and Cheyenne wiped out the 7th Calvary, who had been led into a trap by their Commander, Lt.Col. George Custer. Frankly, considering Custer, & considering he was invading the Indians' lands, you just have to root for the Indians.
On 25 June 1938 a portentous and deadly federal minimum wage law was passed guaranteeing workers 25 cents an our (rising to 40 cents by 1945) and a maximum 44 hour working week. Did it really raise wages? No, it priced low-value labor out of the market, which it was intended to do. Since the New Deal all the favors done for labor -- Social Security, mandatory retirement, etc. -- are aimed at shrinking the number of available workers.
Y'all listen now, and don't forget this: ALL government help, like all government money, comes with a sock in the jaw.
No comments:
Post a Comment