Tuesday, November 8, 2011

Liberalizing Ain't Easy

Simon Galina is feeling nervous these days... He has five years left to pay back the money he borrowed (originally $185k) to buy his taxi license... That's right $185,000... That's what it took to start his company in Rome ten years ago...Insane, I know, but perhaps that gives you a little more insight into why Europe is what it is...

Isn't it interesting how the fix, for the Eurozone debt crisis, involves "liberalizing" their economies? That's "liberalize"; as in "favorable to or in accord with concepts of maximum individual freedom" (dictionary.com)... In Italy it means no more government control over the number of taxis (and other industries)... And of course that's why Mr. Galina's losing sleep...

Please tell me you're getting the message... The U.S. has been slipping when it comes to economic freedom... And that my friends is entirely the problem...

Please watch this video again and send this post to everyone you know...

Thanks!!

http://www.youtube.com/watch?v=v1U1Jzdghjk&feature=results_video&playnext=1&list=PL07079E222C41F872

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