We have so many laws and regulations meant for our own good, our own protection, that it’s impossible to see how anything can go wrong. From Bill Bonner at bonnerandpartners.com:
BALTIMORE – We were disappointed to see the pedestal… naked… forlorn… its statue gone… its purpose defunct.
For more than a century, the bronze statue of Supreme Court Justice Roger B. Taney – gravely pondering the weighty issues of the mid-19th century – graced the park.
Now he is gone.
Justice Taney’s statue in Baltimore has been hauled off
No Decisions Necessary
Now, we are so much better people.
Because now we have so many rules, regulations, and protocols, we have no choice in the matter. We no longer have to be wise, clever, or good. No pondering necessary. We just have to obey!
For example, you have thousands of choices about which drugs to take.
Many of them will kill you, but you don’t want to go to the grave after taking an “illegal” drug. Better to take a doctor’s prescription; then your grieving spouse can sue somebody.
No fanny pinching without prior consent! If your wife tells you it’s okay, tell her to put it in writing. And consult a lawyer.
Unless, of course, you are famous or powerful; then, the President of the United States of America says you can do whatever you want.
And no tax avoidance… unless it is specifically authorized in one of the 71,689 pages of the U.S. tax code. Or perhaps in the 459-page Senate tax reform proposal.
That is progress! Everything is carefully laid out for us.
“Take off your shoes… take out your laptops…” The SEC gives us 80 years of rulings to guide our investment morality.
And if the impulse to say something hateful to your neighbor comes over you, you’re saved: It’s against the law. Discrimination is unlawful, too.
And according to a full-page warning in yesterday’s Wall Street Journal, it is against the law even to “steer” people to neighborhoods where you think they will be more at home (that is, where other people like them live).
To continue reading: A Luddite’s Guide to the Future