Gary North on Voting

North writes:

This world is governed by ethical cause and effect. When people vote for a living, they create an economy that is dependent on more theft. Theft-based economies are Ponzi schemes. It's not just Social Security that is a Ponzi scheme. So is Medicare. So is the FDIC. All governments over-promise. They ask us to become dependent on government promises. The governments issue more promises than taxes and borrowing can fund. Then they inflate.

Government will prove to be the god that fails. That will be a good lesson in theology for hundreds of millions of voters. "Thou shalt not steal, except by majority vote" will prove to have been a destructive principle, although widely believed.

source

Voting; Tullock and Carlin

Cartoon: Election Day Approaches

Cartoon: Do You Really Count?

Cartoon: Voters and Campaigning

Freakonomics Post:Is it Smarter to Sell Your Vote or to Cast it?

Half of N.Y.U. students say they would sell their right to vote for $1 million, according to a poll published yesterday by the Washington Square News.

Sixty-six percent said they would trade their voting rights for a free four-year ride at N.Y.U. (roughly $160,000, including room and board). Twenty percent would give up the vote for an iPod Touch (value: $299).

We know that voting doesn’t make good economic sense. Dubner and Levitt have written about the utility — or is it futility? — of voting here, here and here. But is it smarter to sell your vote than to cast it?

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very interesting....