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Ron Paul and the occupy Wall Street protest « Doug Wead The Blog

Posted in Federal Reserve, Politics, Ron Paul on October 6, 2011 by JT

Ron Paul and the occupy Wall Street protest

Now what are all of those people doing camped out on Wall Street? Are they socialists? Commies? Anarchists? Left, right? For some reason the television news people don’t like them, which makes me sympathize. What’s going on?

I’ll explain.

Let’s say you are a young couple, newly married, anxious to get your piece of the American dream. And let’s say you decide to open your own hamburger stand.

Your first obstacle will be a maze of federal regulations. They are all well intended, helping out the disabled, protecting the environment, providing for workers’ health. The problem is that there are too many of them and they cost too much.

When I worked in the Bush Senior White House I saw the major companies come in and lobby for these REGS. They wanted them to be required for small businesses too, even businesses with five employees. Why? Because it would knock out the Mom and Pop operations who couldn’t afford them. By driving up costs they could assure that they would have a monopoly on hamburgers. But let’s say your parents mortgage their house and get you the start up money to pass that test.

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