Understanding Unintended Consequences

As you get older and start thinking more, you realize there are more layers to even seemingly straightforward problems. When you are young, solutions are simple: If drugs are bad, we should make them illegal and put people in jail for using them. Or if we need to raise revenue, we should raise taxes on everyone, especially the rich. Perhaps this is the logic behind the saying, “If you are young and not liberal, then you have no heart; but if you are old and not conservative, then you have no brain.” Once you’ve been around the block and seen enough shenanigans, you realize things aren’t so simple. When you’re young, you’re what I like to call a do-gooder; you don’t even realize there is such a thing as unintended consequences.

Unintended consequences come in many forms. There are unintended consequences in our foreign policy, such as those that came from the CIA-led overthrow of the democratically elected Prime Minister of Iran. We put the brutish Shah of Iran in power, making the Iranian people suffer for 26 years, which led to the radical movement there and the instability in the Middle East. Unintended consequences. The average person my age thinks I’m making these kind of things up because they don’t read. I let them wallow in their ignorance- these are generally accepted historical facts that you must know and accept to peer into the future. If you don’t have the ability to objectively view history, then you will not be able to see what’s coming; you are too biased.

Then there are finance and economics-related unintended consequences. For example, if our leaders fear a stock market crash, they ban short selling. Little do they realize that short sellers are the only buyers in a panic and that stocks fall like a rock without short sellers. Or better yet, we overregulate markets with things like Sarbanes-Oxley to the point that new companies don’t want to do business here. Solutions like these evidence a complete lack of knowledge of markets. This is the hallmark of government- they graduate with degrees in law and think they can preside over an economy. Who are they fooling?

Our leaders are clueless and you will be hard-pressed to find one politician, besides Ron Paul, who saw this crisis coming. Most politicians have their focus on the wrong problem. The debate now is whether we should raise taxes on the rich or not. Well let me tell you, the rich happen to be the movers and shakers in the economy who create jobs; they can easily take their businesses abroad if they have to. Instead of attacking domestic capital, we should worry about the problem of sending hundreds of billions of dollars abroad annually to service our debt to foreigners. It is the debt that is going to bring this ship down!

The worst is yet to come because our leaders don’t know how to deal with this debt crisis. Cut spending and you will see a dramatic rise in unemployment from the public sector and civil unrest. Raise taxes and you will see rising unemployment, slower economic growth, and a flight of capital abroad. Print money and kick the can down the road and you will see most assets, including stocks, go to record highs. Because this cycle will be one where people generally lose their faith in government, gold is going to rise even higher in percentage terms than most assets. I feel like this is 2007 all over again: the storm clouds are painfully obvious, I’m warning everyone around me about what’s coming, but people are too apathetic to prepare or they flat-out don’t believe me. Fine. Let’s see how this plays out; I am positive the magnitude of this crisis will be shocking.

Share this article
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  • Mountainhiker38

    “people are too apathetic to prepare or they flat-out don’t believe me.” 
    It’s funny how people don’t want to see what is coming. I try not to waste my time and energy one on one with friends / family anymore.  I throw out a test which could be anything from a couple of sentences or a question or two with a comment referring to what is really going on.  No response or interest…. I drop it and move on.  I usually find that people hooked on tv are fairly clueless.

    Thanks for the thoughtful article!

  • http://www.siomunzus74.com Matthew C. Kriner

    I just want to say I am beginner to blogging and truly liked your blog. Most likely I’m going to bookmark your blog . You amazingly have remarkable articles. Kudos for revealing your web page.

  • http://www.elokings.net/ viagra

    851565 129432Really fascinating details!Perfect just what I was searching for! 914897

  • http://www.sexoilustrado.com click this site

    Howdy! I just would like to offer you a huge thumbs up for the excellent information you have got right here on this post. I will be returning to your web site for more soon.

  • http://www.smutlinxxx.com/12/morena-tetona-adicta-a-los-rabos-grandes/ read content

    I enjoy looking through a post that will make men and women think. Also, many thanks for permitting me to comment!

  • http://www.freepornrevenge.com go to this website

    This is getting a bit more subjective, but I much prefer the Zune Marketplace. The interface is colorful, has more flair, and some cool features like ‘Mixview’ that let you quickly see related albums, songs, or other users related to what you’re listening to. Clicking on one of those will center on that item, and another set of “neighbors” will come into view, allowing you to navigate around exploring by similar artists, songs, or users. Speaking of users, the Zune “Social” is also great fun, letting you find others with shared tastes and becoming friends with them. You then can listen to a playlist created based on an amalgamation of what all your friends are listening to, which is also enjoyable. Those concerned with privacy will be relieved to know you can prevent the public from seeing your personal listening habits if you so choose.

  • http://www.troxlerlabs.biz/?p=4464 penny stock egghead

    How to install a custom blog design while using ftp publishing?

  • http://tokumei10.blogspot.jp/ Dee Wadleigh

    this site is cool!! http://tokumei10.blogspot.jp/ thx read

  • http://tokumei10.blogspot.jp/ Arlinda Beger

    this site is cool!! http://tokumei10.blogspot.jp/ thx read

  • http://www.sykose.net/index.php?do=/blog/136130/penny-stock-egghead-review/ penny stock egghead

    I read through quite a few from the weblogs during the meals and drink category and they are all educational in one way or a further. I love meals and have an awesome offer of meals style and design working experience. Be sure to

  • http://www.videospain.es/red/index.php?do=/blog/156132/penny-stock/ penny stock egghead

    What is the best way to search for blogs you are interested in?

  • http://www.suessexysites.com/18/karen-follando-duro-hasta-correrse-de-gusto/ find more

    You’re so awesome! I don’t believe I’ve read something like that before. So wonderful to discover someone with some unique thoughts on this subject matter. Seriously.. many thanks for starting this up. This web site is something that’s needed on the web, someone with some originality!

  • http://www.all4scrapebox.com Auto approve list

    Rattling nice design and style and excellent content material , very little else we require : D.

  • http://tokumei10.blogspot.jp/ Dee Wadleigh

    this site is cool!!!!!!!!!!!!!!!!! http://tokumei10.blogspot.jp/ thx read

  • http://tokumei10.blogspot.jp/ Dee Wadleigh

    this site is coooooooooooooooooooooool!!!!!!!!!!!!!!!!! http://tokumei10.blogspot.jp/ thx read

  • http://tokumei10.blogspot.jp/ Arlinda Beger

    this site is coooooooooooooooooooooool!!!!!!!!!!!!!!!!! http://tokumei10.blogspot.jp/ thx read

  • http://tokumei10.blogspot.jp/ Dee Wadleigh

    this site is cooooooaaaoooooooooooooooool!!!!!!!!!!!!!!!!! http://tokumei10.blogspot.jp/ thx read

  • http://www.locksmithsfinder.com/md/ellicott-city/20-min-locksmith-ellicott-city-md.html locksmiths

    22939 256076A thoughtful insight and tips I will use on my site. Youve certainly spent some time on this. Congratulations! 700714

  • http://tiny.cc/sugaringzuerich Waxing Zürich

    I just made a batch tonight but it truly is as well late to wait for it to interesting down so I will just should wait til morning (perhaps this is certainly terrible…?) But I was wondering in case you get it off the stove right immediately after it changes that amberish colour? We possess a candy thermometer but the temperature just wouldn’t go over 220. So eventually I just took it off the stove and place it from the jar. I just wished to make certain I didn’t cook it also extended. I’m so energized for this! I truly hope it operates… :]

  • http://url.site.bz/stdtestingathome99902 std testing at home

    Each of us is a product of his/her circumstances, upbringing, believed procedures and so on. Uncertainty seems to be the theme of this week. It’s much more of a belief than a confirmed fact.

  • http://you-can.com.tw/phpinfo.php?a%5B%5D=website+%28%3Ca+href%3Dhttp%3A%2F%2Fmy.desktopnexus.com%2Fsarworek44%2F%3Esneak+a+peek+here%3C%2Fa%3E%29 Tad Callari

    It is actually a great and helpful piece of information. I am satisfied that you simply shared this helpful information with us. Please stay us up to date like this. Thanks for sharing.

  • http://www.tuxmachines.org/node/66712 Marvin Murphey

    This is a great internet page, could you be interested in doing an interview about just how you designed it? If so e-mail me!

  • http://ow.ly/yav1q Sugaring Zuerich

    Christi under stated she utilized baby powder and it worked fine. I believe corn starch is less expensive although, if you are sugaring as being a budget saver.

  • http://www.youtube.com/watch?v=pGhkpBgGeTc beat maker software

    The data mentioned in the article are a number of the ideal readily available

  • https://github.com/bondrafal zabawki dla chłopców

     credit agencies very often impose higher costs next to us after two consecutive publications we sell shares to purchase my material I invite you in this area is that which was , since this growing economy and where to

  • Pingback: Acheter des follower

  • http://www.cbsexe.com/15/cibersexo-con-una-morena-con-las-tetas-grandes/ browse page

    Apple now has Rhapsody as an app, which is a great start, but it is currently hampered by the inability to store locally on your iPod, and has a dismal 64kbps bit rate. If this changes, then it will somewhat negate this advantage for the Zune, but the 10 songs per month will still be a big plus in Zune Pass’ favor.

  • Pingback: Who is Urazov Nuray

  • http://www.youtube.com/watch?v=LH5koAPe2SI commercials funny

    we came across a cool website that you simply may possibly delight in. Take a look in case you want

  • Pingback: gadgets

  • http://arthritisreduction.com/node/327615 Dominick Greet

    How could be the new year going? I hope to read more fascinating posts like last year

  • http://www.wtoruniu.com/pokaz_sz_ogl.php?idogl=11123 sprzedaż gotowych spółek warszawa

    Hi, I achieve have faith in this is an first-rate net locate. I stumbledupon it I will resume yet again as i have bookmarked it. Currency and freedom is the supreme sense to vary, possibly will you be creamy and continue to guide others.

  • Pingback: iherb coupon

  • Pingback: iherb coupon code

  • http://www.youtube.com/watch?v=0-JBc001nXY funny painful fails

    Sites of interest we have a link to

  • http://ratubetting.com/safelinking/sims3free777430 where to find play the sims 3 game free online

    A nice reminder to say, “You should have checked the seals. When was the last time you were so scared of a game that you simply had to turn it off. Make sure your volleyball coach teaches you with proper form and technique.

  • https://www.facebook.com/led.lamps.shop LED Lamp Shop

    It’s the first time when i’ve seen your site. I can see a lot of hard work has gone in to it. It’s really wonderful.

  • http://kuponkodu.over-blog.com/ misspera

    That wasnt what i am searching but anyway it was good to ready. I am goin to share it on social media.

  • Pingback: iherb coupon

  • http://www.komfort-nt.ru/forum/6/ray-ban-producing-everlasting-design-statement ray ban mens sunglasses

    Tiffany Necklaces available.You definitely can potentially choose up wards one single will probably be prone that will to obtain. Tiffany involves excited many to stick to the manual of those Expensive jewelry building behaviour because of ancient creating? Tiffany silver plate necklaces a good superb business.Necklaces focused just by Tiffany wishes to repeat a new magnificence and elite with the trusted Tiffany objects,find more concerning here

  • http://http//www.lampk.com LED Bulb

    This is the best site for anybody who desires to find out about this topic. You notice so much its nearly onerous to argue with you (not that I truly would want…HaHa). You undoubtedly put a brand new spin on a subject thats been wrote about for ages. Nice stuff, simply nice!

  • http://http//www.lampk.com LED Bulb

    This is the best site for anyone who desires to find out about this topic. You notice so much its nearly onerous to argue with you (not that I truly would want…HaHa). You undoubtedly put a brand new spin on a topic thats been wrote about for years. Nice stuff, simply nice!

  • http://www.connectdirector.com/articles/apply-online-for-regional-general-manager connectdirector online portal

    My compliments, beneficial post and an outstanding web site. Also your post has inspired me to commence writing on items equivalent to what you are performing. We are generating a premium on-line portal a specially-produced web site that brings specifics collectively from diverse sources in an uniform way. The Connectdirector Online Portal – advertising networks & match making group portal is expert networking on the Connectdirector “all in one” premium world wide web portal offering business networking & social networking, contacts, matching, on-line content, (net) advertising & (company support) options. An distinctive multi-language web portal notion with a international exposure and a neighborhood concentrate on each wealthy greater high quality on-line content material and dynamic database generated listings for matching individual interest, enterprise interests and social interests and needs. We at Connectdirector marketing networks and neighborhood portal are an match producing authority in guiding and lowering barriers by direct linking company and social interests and needs interests on the principles of joint outcome, integrity, compliance and excellence. Summarized Connectdirector is Networking, Contacts, Matching, Content, Marketing & Solutions.If you did not spend a pay a visit to to our website however and/or you are not a member, then please sign up as we truly want to know your thoughts so we can boost our on the web portal. On our site you can start straightforward to develop your network contacts!

  • http://LesbianCams.org/ lesbian webcams

    I do feel all of the ideas you’ve introduced in your post. They are really convincing and can surely operate. Nevertheless, the posts are as well brief for newbies. Could you please lengthen them a bit from subsequent time? Thank you for the post.

  • http://www.lampk.com/led-bulb-shop.html LED Bulb Shop

    I found some wonderful info in your site and bookmarked to visit again . Thanks.

  • http://CamGirls.ws/ girl cam

    To utilize the no cost Worlds Very best graphic responses: Duplicate the HTML code from below the graphic picture and paste the code in your website

  • http://LiveGirls.ws/ WhoresCam.com

    very very good post, i unquestionably adore this wonderful web page, persist with it

  • http://www.parentswithdisabilities.com/blog/view/43336/free-skype-credit-hack-mac free skype credit mac

    Nice post. I learn something new and challenging on websites I
    stumbleupon every day. It will always be helpful to read
    through content from other writers and practice a little something from other web sites.

  • http://xunmeng.org Click For MORE INFO

    tiffany cheap jewelleryhandle quite a few earrings for a wedding event; bridesmaid rings, pendants, jewelry etcetera. Bridesmaid costumes bracelets is without a doubt crafts in a wide array of items and even colors combination; golden coated or even precious metal coated by means of jewels and then gems,http://www.timedancercorporation.com,in numerous colouring mix which inturn including a cheerful natural splendor for your requirements.

  • http://wiki.demo.support-tablet.com/wiki/Subway_Surfers_Coin_Generator_Download subway surfers hack

    I have read so many posts regarding the blogger lovers however this article is truly a good post, keep it up.

  • Pingback: City Gate Beach Road Keypoint Concourse

  • http://www.whereto-buygarciniacambogia.com buy garcinia cambogia

    I only wished to appreciate you again. I usually do not know the factors I could possibly have taken care of in the absence of those aspects discussed by you concerning that area. Completely was the depressing situation in my position, but seeing a brand new specialized strategy you solved it produced me to leap for delight. I’m grateful for the function and even hope that you recognize what a powerful job your are putting in teaching people today today by means of a net internet site. Likely you’ve under no circumstances got to know all of us.

  • Pingback: iherb coupon code

  • http://www.caddcc.net/plus/guestbook.php fulham locksmith

    Simply desire to say your article is as astonishing. The clarity for your publish is simply cool and i can suppose you are an expert on this subject. Fine together with your permission allow me to seize your feed to keep up to date with impending post. Thanks a million and please continue the gratifying work.

  • http://cfcc.co.uk/ ralph lauren outlet online

    discount tiffany jewelry could very well be nicely since Necklaces composed of low cost alloys and man-made or even semiprecious gravel. You’ll find it labeled as vogue bracelets, unhealthy expensive jewelry and it also believed was created to provide a cheaper and economical to get repurchasing that allows you to healthy an extraordinary not to mention cutting edge attire fashion.they are really normally made of reasonably priced ,tiffany jewellery discount,jewels including rhinestones and also throughout mixture, gold yellow metal coated steel

  • Pingback: iherb coupon

  • Pingback: iherb coupon

  • Pingback: national trucking jobs

  • Pingback: Carpet Cleaners Jacksonville NC

  • http://www.youtube.com/watch?v=BIzzC-nbX2k funniest commercials

    Sites of interest we’ve a link to

  • http://kampanie-internetowe.eu/jakikantor.html ranking kantorow online

    I think this is one of the most important info for me. And i am glad reading your article. But want to remark on some general things, The web site style is wonderful, the articles is really great : D. Good job, cheers

  • http://www.youtube.com/watch?v=Dtp-0MmQVNE russian trucks

    although sites we backlink to beneath are considerably not connected to ours, we really feel they are in fact really worth a go via, so possess a look

  • http://thedailytime.net/User-FelicianisSt kawy do ekspresu

    Hello, i think that i saw you visited my blog thus i came to “return the favor”.I’m attempting to find things to improve my site!I suppose its ok to use some of your ideas!!

  • http://www.interiordezine.co.uk/ray-ban-c-726.html sunglasses ray ban sale

    Colouring plays an important purpose inside a prom dress through the special night. It will supplement your skin coloration. For the lovely impression, you could emphasize a person’s physique by using weight losing colours for instance wine beverage, strong dull, woodlands green, midnight azure, wine red, hot chocolate, as well as the basic colours with bravo, black, greyish, sterling silver, yellow metal, as well as taupe. Prom dresses are typically elegant bash robes, long plus softly beautiful. cheap ball gown prom dresses can be according to the design of the celebration or they might try to be regular baseball outfits. There isn’t any traditional solution to explain the particular “best party dress”. It does not take one which will make you really feel attractive and create the right image-sweet, naive, sexy or just gorgeous. The most used prom dresses are generally satin, sequined, traditional designs, the small black apparel, the particular asymmetrical hem attire, this hanky ankle rehab ebook as well as basic Cinderella soccer ball costume.

  • http://www.frauenmuseum.de/mens.htm swiss omega copy
  • Pingback: kedai memanah

  • http://liber.hse.perm.ru/1.php/?a%5B%5D=hunting+poland+%28%3Ca+href%3Dhttp%3A%2F%2Festatebusinessprotect.com%2F__media__%2Fjs%2Fnetsoltrademark.php%3Fd%3Dostoja-hunting.eu%3Ejust+click+the+up+coming+w red stag hunting poland

    As I website possessor I believe the written content here is very good, thanks for your efforts.

  • Pingback: World ventures