NO MAN IS A CHAMILLIONAIRE UNLESS HE WANTS TO BE

I don’t know this guy from Adam, and I don’t care much for modern rap. But I will say this, many rappers (not all, but many) seem to have a good eye for business and turn out to be excellent entrepreneurs. So it is no surprise to me at all that they would turn their attention to or be involved in Capital Ventures and Start-Up operations.

So I say let the boy run as far as he can run, and Godspeed to his ventures.  Hope they are enormously successful.

And I fully and definitely agree with this sentiment on the part of the author of this article: No man should restrict himself to a single venture when he could master many.

 

Chamillionaire Is Now An Entrepreneur In Residence at a Venture Capital Firm

In a letter penned by VC Mark Suster explaining the head-turning week he’s had at Upfront Ventures in Los Angeles, he explains the presence of a new face around the office: Chamillionaire. The same Chamillionaire who was showing us how to get our respective shines on not a decade ago. But if Kanye has taught us anything, it’s that we can find success in multiple creative outlets. In the past five years or so, Cham has been quietly but actively involved in the tech startup scene, from speaking on social media engagement in the music industry to hanging out with Y Combinator associates.

He’s also been making some investments himself. He was one of the earliest investors in Maker Studios, an online video network founded in 2009 and sold to Disney for $500 million last year. The firm he’s currently hanging with and advising, Upfront Ventures, has a vast portfolio that includes some acquired startups such as Bill Me Later (Rick Ross may or may not have been referring to this method of monetary transaction on his verse for Nicki Minaj’s “I Am Your Leader”). Suffice it to say that Chamillionaire has transcended the days when he explained on YouTube how Michael Jordan sonned him, or maybe that was just an early example of his Internet savvy and ability to manipulate viral stories and plant social media engagement. At any rate, in a world in which Internet entrepreneurs like Ben Horowitz make business decisions through the inspiration of rap songs, it’s not surprising to see that we now have rappers getting their own piece of the pie.

We can all agree that Chamillionaire should be given a platform to speak at the next TechCrunch Disrupt conference.

 

 

THE GOAL

The goal should not be to degrade, lessen, or sabotage the ranks of the 1%. Much less to abolish the ranks of the 1%.

Rather the goal should be to create so many wealthy persons that they become the vast majority of people on the face of the Earth. But to do this the vast majority of people on the face of the Earth must become truly ambitious, industrious and productive. They must also become real risk-takers.

It is for immediately obvious reasons (to anyone who bothers to observe) that the vast majority of one-percenters are consistently ambitious, industrious, and productive. And habitual risk takers.

They are not dependent-minded people with a constant desire for indulgence and security. They are rather the makers of manners. And the shapers of self-effort and worth.

If you would be in the 1% you must become the 1%.

It is not indecipherable magic, it is good and well-practiced habit.

THE MARRIAGE OF OUR BETTER INTERESTS

Why Choosing A VC Is Like Choosing A Spouse

What to consider before you put a ring on it

Committing to a relationship with a VC is committing to the long-term. In romantic terms, it’s a marriage, not a casual drink or weekend getaway. In fact, venture capital/startup relationships last just as long as most marriages — around 7 or 8 years — and can be just as emotionally taxing.

Entrepreneurs often struggle to feel confident when they are presenting to VCs. Pitching your startup can be as nerve-wracking as waiting at the bar for a blind date, and what VCs want can seem as mysterious as members of the opposite sex. Entrepreneurs are reluctant to ask important questions because they are afraid of scaring the potential partner away, but the answers to those questions could seriously impact the happiness and fruitfulness of your “life” together. Startup life means there are a lot of ups and downs, but the downs don’t mean you should settle for a ‘safe’ VC choice. Everybody deserves somebody. As with significant others, you want someone who sees the unique positives in you, not the generic negatives.

What VCs care most about is how much their investment will be worth, or equity value. This leads to the question facing all entrepreneurs — how do you build equity value? Revenue is a metric (and an important one), but not the metric. Other factors include market leadership, unique IP/capabilities, disruption in a big market, and an A+ technology team. The right “fit” isn’t the same for everyone. What works for one person or startup may not work for another. Here are 5 things to consider before entering the bonds of venture capital funding.

1. Know your value as a partner

As the philosopher Beyonce says, “If you like it, then you should have put a ring on it.” A great start to a marriage or partnership of any kind is when both sides feel they lucked out and are excited about the commitment. Find someone who appreciates the potential of your business and what you have to offer. As a founder, you are giving away your most prized asset — your equity. The VCs are buying a piece of a company that they believe has value. It is important to remember your self-worth and your company’s value before you embark upon a relationship . This is a much more compelling approach than “I hope someone gives me money,” because desperation doesn’t look good on anybody.

It is also important not to have baggage walking into the partnership. Plenty of entrepreneurs play hard to get in the beginning, but as soon as you commit, the games should be over. You don’t want to spend years explaining or justifying yourself. A strong relationship means being honest and appreciative of each other. This also means it is important to be on the same page about terms, so everyone feels they got a fair deal. For example, Carbonite really loved working with us at Menlo Ventures because the investment was fair on both sides and we said ‘I do’ with a clean slate. In a strong VC-startup relationship, both parties want the other to succeed. Mutual respect and excitement should come before a ring.

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MONEY AND POWER 101

As a child my parents taught me almost nothing at all about money. (Other than earn and save it.) Despite the fact that my father was a successful tool and die maker, an inventor, and had owned and sold his business (at a nice profit) I nevertheless received a very scant education in money matters.

I remember many times, seeing my parents doing their taxes and asking them, “teach me about taxes, teach me about money, and how this works.”

They always basically told me, “You’re a child, you don’t need to worry about this right now, you’ll learn about this when you grow up – on your own.”

I guess that was simply the Weltanschauung of their generation and age. It is, however, not mine.

Because of that when I entered college, and for the rest of my life, I have been learning about business, capital, Capitalism, economics, finance, investment, money, and all other related money-matters. Money is a big part of my Personal-Education Plan (PEP Program), and my self developed IEA (Individual Education Account).

When I first got married I realized pretty quickly that my wife had no idea about money, how it operated, or why it worked as it did. She, likewise, had little to no real education on money matters from her parents either.

Determined not to let financial ignorance and bad money management work against her, me, our marriage, or in the lives of my children I have developed Economic and Monetary Educational Materials to use for their instructional benefit. Since I homeschooled my children for their entire primary educational period (pre-college) I made sure to incorporate both basic and advanced course materials on budgeting, business, Capitalism, career, economics, entrepreneurship, finances, investment, profit, etc. I also make sure they practice what they learn. Both are far better at money matters than I was at their age.

I am to the point now that regardless of what happens to me I feel confident that they are in possession of enough useful materials, and have been trained and habituated in such a way as to assure they will be successful in their own businesses, careers, and with money.

Below you will find a very basic summary of the most fundamental things I have taught them concerning money. They are well advanced beyond these simple ideas, but, in starting any venture it is always necessary to begin with the fundamentals. Often, over the course of time, it is necessary to return to the fundamentals as well.

Beneath the section on Money and Power 101 is a short document I developed regarding the Hoards I believe each person should develop over their lifetimes and how to employ and use these Hoards.

This “List of Hoards” is hardly exhaustive, but it does include most of the Hoards I consider most basic, except for the Word Hoard. Which technically could be a part of your Charisma Hoard, but really I consider a person’s language, linguistic, and vocabulary (Word) hoards to be an entirely separate set of treasures.

I offer these posts in the hopes that they may assist you, especially if you are just starting out in the world, to master your own Money and to develop the Hoards that you will find most useful.

I do not insist you necessarily agree with my definitions, but I do urge you to make your own studies of Money and the Power it engenders, I do urge you to master Money (rather than be mastered by it, wither as a poverty-stricken person or as a wealthy person), and I do urge you to develop and grow your own Hoards.

You will thank yourself for such efforts later on in life, and very likely the world will thank you for having made such efforts.

Comments are welcome.

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MONEY AND POWER 101

MONEY is the financial power to do as you need and wish in the world. The more money your have the more power you have, the less money you have the less power you have.

SURPLUS is the amount of anything you have in excess to your actual or current needs. Your surplus should always be as great as possible of imperishable items.

PROFIT is the amount of money earned or generated in excess of expenditures.

INSURANCE is a money pool set aside for emergencies. If possible it is best to self-insure.

TAXES are the amount of money lost or exhausted to an individual by being seized by the government.

EARNINGS are the amount of money you generate for yourself through various actions of Work. Earnings are divided into three separate subcategories.

Income is the total amount of earnings one generates through all earnings sources. Originally it was that income (come-in) generated by investments.

Investments is the amount of earnings generated by whatever vehicles one is invested (vested) in. Investments are earnings or income vehicles generated by Risk.

Salaries or Wages is the amount of earnings generated by working for or laboring for others paid in the form of salary or wages. (Time or Work for money.)

SAVINGS – the amount of money already earned but not invested or spent but retained for long term goals or for emergencies.

EXPENDITURES – all monies spent to buy or pay for non-income producing items or services

Bills and Living Expenses – those monies paid to creditors or service providers for goods and services purchased. Bills and Living Expenses are monies lost to others.

Necessities – those monies expended for all goods and services of a necessary nature: food, shelter, power, necessary maintenance, etc.

Emergencies – those monies expended for emergencies and immediately unforeseen expenses, such as medical bills and repairs.

Entertainment – those mines expended for entertainment, recreation, etc.

GIVING – all monies given to the care and well-being of others to service their needs, also any resources given to others for their support.

Charity – giving to Church and/or Charitable causes with the intention of supporting the long term needs of an individual or an organization.

Philanthropy – giving to humane and other causes with the intent of addressing or solving specific needs or problems or projects. For instance one might found or support a philanthropic enterprise to support literacy, to build a hospital, to fund a scholarship, etc.

PREPARATION – always keep your money growing, in motion, invested, and in use for worthwhile things. Always plan as far ahead as possible regarding expenditures to be made. Always have accurate and complete information about all aspect s of your money and how it will be used.

RISK – all enterprises require risk. Risk is the amount of danger required to service a worthwhile enterprise or investment relative to the potential reward or Return on Investment (ROI) the enterprise or investment will generate (in the case of business, financial, and monetary activity). Generally speaking the higher the risk the greater the return or reward, and the lower the risk the lower the return or reward. However measures should always be taken to favorably mitigate risk as much as possible.

REWARD – is the amount of gain generated by the successful conclusion or progress of a worthwhile Risk. Another term that is synonymous with reward in financial and monetary matters is Return on Investment, which is a measure of gain generated by risk relative to the danger of initial loss of the initial loss of the investment.

MONEY – having more than enough money needed to meet all of your needs and the needs of others should make you happy. Making money should make you happy, and having a large surplus of money should be associated with pleasant thoughts and feelings and with security. Money is a personal, physical, financial, economic, psychological, social, and spiritual force, or power, and should be treated and employed as such. Money should not master a man, either by having too little, or by being consumed and over-powered by it. Money is a servant, not a Lord.

CAPITALISM – is that form of economic activity, or that system of economics, that seeks to build and generate Capital Pools, or reserves of money, that can thereafter be employed to build businesses, funneled into investments, grow and expand enterprises, etc. and thereby generate even more Capital and ever larger reserves of Profits. Capitalism depends on the fact that money is constantly invested and employed and that new ventures and enterprises are continually started and grown so as to continually create New Wealth. Capitalism also depends heavily upon Free and Unfettered Markets.

 

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THE HOARDS

ACTIVE HOARDS

Always make ongoing use of and constantly develop your hoards for an unused hoard is useless and an undeveloped hoard has no value.

 

ABILITY HOARD – every ability, capability, skill, and talent that a person possesses and develops in life

ACHIEVEMENT HOARD – every good and worthwhile achievement or enterprise that a person ever accomplishes

CHARISMA HOARD – all beneficial influence and powers of persuasion an individual possesses to sway others to participate in worthwhile endeavors

CHARITY AND PHILANTHROPY HOARD – all charitable and philanthropic works that one engages in to assist others

CREATION AND WORK HOARD – everything of value that a person creates, and all of the valuable Work that one ever does over the course of life.

ESTATE AND LAND HOARD – all estates, lands, and real properties that one owns or controls

INVESTMENT HOARD – all good and profitable investments that a person is engaged in or is participating in

RELATIONSHIP HOARD – all beneficial relationships which an individual may rely upon for advancement, comfort, friendship, and support

TREASURE HOARD – all objects, things, or possessions that are of economic, monetary, and physical value

VIRTUE HOARD – all of the Virtues that a person possesses and can command within his person

BLESSINGS, HEIRLOOMS, LEGACIES, AND INHERITANCE – all of the blessings, heirlooms, legacies, and inheritances passed down by one individual or one generation to another

THE ADVOCATE OF ADVERSITY

Indeed. And I completely agree.

Malcolm Gladwell on Why You Need Adversity to Succeed

The best-selling author explains why coping with tough challenges as you start up will make you a much more successful entrepreneur.

Learning disabilities like dyslexia aren’t typically regarded as advantages, but for some entrepreneurs, being dyslexic has been a key part of why they succeeded.

That’s according to New Yorker writer and bestselling author Malcolm Gladwell, who, while researching his last book, David and Goliath, spoke to roughly two dozen dyslexic entrepreneurs.

“Their stories are all the same,” Gladwell says. “They don’t think they succeeded in spite of their disability. They think they succeeded because of it.”

While learning disabilities present unique challenges for individuals from an early age, they can also serve as what Gladwell refers to as “desirable difficulties,” or challenges that force people to learn new skills that prove extremely helpful later in life.

“They’re learning delegation, how to communicate with other people [and] motivate other people,” Gladwell says.

Successful dyslexic entrepreneurs that Gladwell points to include Virgin Group founder Richard Branson, JetBlue founder David Neeleman, and longtime movie producer Brian Grazer, whose dyslexia forced him to learn how to negotiate his way to getting better grades in school, according to Gladwell.

“By the time he hits college he’s brilliant at it, and then what does he do? He becomes a Hollywood producer, [which is] about negotiation, among other things, and he’s been practicing his entire life,” Gladwell says.

“In order to learn the things that really need to be learned we require a certain level of adversity.”

To hear more from the conversation, watch the video below.

Why Obstacles Can Improve Results

Certain obstacles that seem undesirable at first may ultimately help you get ahead.

PROFITS AND THE PROPHETS OF PROFIT

My daughter is young and has recently had a few new jobs. These are her first jobs (entry-level) and we are letting her work some during her gap year between graduation and college. She was not allowed to work during the time she was homeschooled and prior to graduating High School.

(This is the way my parents did it as well, although I was not homeschooled. That is to say that I was not allowed to work a real job, except during the summers, before graduating High School although on the weekends as I got older I would often sneak off on my own and work secretly without them knowing of it.)

Anyway, that aside being what it is, my daughter has recently held a job at a deli preparing food. At the close of each business day any food not sold must be disposed of. And so they do. By throwing it away like garbage.

Now I fully understand as both a business and a health matter that any food that might be rotten or unsanitary in any way must be disposed of in this way. But what about the food that has simply gone unsold during the day’s normal business operations?

Many employees have written to the owner of this particular establishment asking, even begging, that this food not be disposed of meaninglessly but rather be donated to public shelters or to the homeless or the poor.

The owner’s answer to these requests has, so far at least, always been along these general lines, “I pay for the food and pay my employees to prepare and sell the food for a profit, if I give the left-over food away for nothing I make the same profit as if I just throw it away (that being none) so it is easier to just throw it away.”

Now I fully understand that as businessman this can be a somewhat complicated and even tricky issue for several different reasons. First of all, you have individuals, people who could easily work to make the money to buy their own food but choose not to harassing you all of the time for “free food,” especially at closing time. Many people nowadays feel as if they are owed something and will happily beg and live a life of outright dependency simply because they can, not because they must or should. They wish to be a consumer of society only, and never a real producer. How do you avoid encouraging or promoting this disastrous habit (and it is a disastrous and malignant habit – both individually and societally) by giving away free food to undeserving recipients?

Secondly you might very well end up with several organizations vying for your leftover food, and how do you determine who is truly needy or in the most need. (This might be the organizational equivalent of the undeserving individual, or it might simply be an honest contest between equally needy or equally responsible organizations.) Indeed nowadays you might even inspire bad publicity from one organization or another offended that you chose another cause over them in their quest to obtain your leftover foods.

Third, as a businessman (or as anyone who has ever started-up or run their own business or company) I know that there is the simple but sometimes daunting logistical problem(s) involved – how is this left-over food distributed, to whom, where, and when?

Finally there is the liability issue. Suppose some of your donated leftover food is consumed by someone who becomes ill, and regardless of whether it can be reliably and scientifically established that your organization was at fault, or not, you might still face a lawsuit or at least the threat of one at some point in the future?

Now, as I said above I am fully aware of the difficulties involved in giving away free and left-over food in this manner. I happen to agree that all of the points I addressed above are valid concerns and worth consideration. They are all liabilities arguing against the giving away of free and left-over food at the end of each business day. (And since food is an immediately perishable item it is difficult to store and properly retain, it is not like simply putting paper products into inventory. Food must be used and used quickly, or it will be wasted. Therefore it has a very short-lived half and shelf life.)

However, all of that being said and true, I am nevertheless both a Cristian and a Capitalist. In either case I do not believe in or find it to be a good business or personal or economic or even spiritual practice to needlessly waste perfectly good resources (even if those resources have a very short useful shelf-life).

And to be perfectly honest there are viable and workable solutions to each problem I listed above. You could rather easily (though it may take some time and experimentation) develop a relationship with reputable non-profit organizations that assist and feed the homeless, the helpless, the poor, the wounded veteran, or the medically disabled. You could develop contractual agreements with such organizations that state that they accept any left-over foods at their own risk and that you are free of liability.

(An unnecessary risk you say, and not worth the effort? Well, anyone who works with food knows that sooner or later, either through the food itself or through the employee handling it, you will make a customer or client ill, possibly even, though no fault of your own – such as undetected infection at a processing plant – kill someone with the food you serve. Tragic accidents such as those occur all of the time handling food, and although people don’t like to even honestly and realistically consider the idea, it is true. Sooner or later, whether the food be sold or given away as free leftovers, someone will be made sick or worse by consuming it.)

As for encouraging unnecessary and counterproductive dependence in the lazy and slothful, that will require a policy similar to that of determining the best organizations to work with in distributing the leftover food. You don’t want to give your leftover foods to the lazy and irresponsible but to the deserving, hard-working, truly indigent, and responsible end-user. But that can be done.

Finally, as regards the logistical problem(s) you can insist that anyone that takes the left-over food do so at their own expense, that they provide their own pick-up and transportation services so that this does not eat into your own profit or disrupt your own business operations. The risks might seem great at first glance, but each problem is soluble and just to be honest all of life and all of business is, by very nature, risk. Modern people might not like to hear that, they might do all they can to flee risk or to mitigate risk (and mitigating truly reckless risk is always wise, mitigating all risk always foolish) or to simply avoid risk, but the truth remains business and life itself is risk. That’s just the way life works. Many modern people don’t like that fact but it still remains, and will remain for the foreseeable future, a true and unavoidable fact. Business is risk. Life is risk.

Now let me return to the fact that I am both a Christian and a Capitalist.

As a Christian I am in no way in favor of unnecessarily wasting resources, especially resources that given our current national and world economy people are both in desperate need of, and which are perishable and not immediately replaceable or retainable (to many at least). As a Christian I do not want to encourage dependency but personal productivity, and the useful and vital employment of each individual’s particular talents. That is one reason we exist as human beings, to make best and most productive use of our individual human and God-given talents. Yet I am also fully aware by both simple observation and personal experience that individual people fall on hard times, become injured or ill on occasion, or become faced with some problem (sometimes unwittingly, sometimes through no fault of their own) that they cannot solve alone. That is exactly when charity is most needed and most effective. Therefore it behooves the Christian businessman, or any businessman, to remember those salient facts of human existence. And to assist others whenever and wherever and however they can. This is not only a business matter, it is a moral matter.

As a Capitalist I am also acutely aware of this Truth – the injured or ill man, the needy man, the indigent man, the man who yesterday or today was down on his luck or awash in unfortunate circumstances may very well tomorrow be the successful man, the profitable person, the businessman, a potential partner, or even a wealthy client or customer. Capitalism feeds itself in this way, as it should, for it is not a static and self-consuming economic system (when functioning properly and when properly applied) such as socialism, but a dynamic and vital system that continually makes millionaires of paupers, and sometimes paupers of the wealthy. Therefore as a Capitalist it is a reckless and entirely self-defeating act to ever senselessly waste vital and useful resources; especially much needed resources that perish quickly. Resources that could save and rebuild lives. Just to be honest to waste food is an entirely anti-Capitalistic idea because contrary to the current and popular misconception of Capitalism as a purely profit-driven (in the low sense of the term) and inhuman mechanism (it is definitely not) it is always actually an entirely voluntary exchange of free human motivations and drives seeking both best self-interest and the best self-interest of the other in commercial and social exchange. For if your client and customer always remains indigent and poor and ill and incapable then he is also too indigent and too poor and too incapable to purchase your own products and services. Especially your best products and services. In other words the poor client or customer is not a good client and customer, whereas the wealthy client and customer is a good client and customer (in a business and commercial sense). Therefore the Wise Capitalist seeks communal and mutual Profit, not just individual and personal Profit. The True and High Minded Capitalist is like the True and High-Minded Christian, he knows that the better off is the Other Person, then the better off is he himself. And it will always be that way. The profits lay in the margins of advantage between the Self and Other, not in the separating disadvantages between the self and the other.

Therefore my conclusions in this matter are that it is both a senseless and anti-Capitalistic act to dispose of and waste food such as my daughter’s employer and business owner does, and an immoral and un-Christian act to do so.

This is not even to mention the obverse of the equation: the possible enormous public relations advantages that might be gained by being widely known as a responsible, morally-driven, and socially beneficial company or corporation as well as a highly-profitable one, both now and in the future.

I am writing this article therefore, and this is far from all that might be said on the issue (as a matter of fact this might even become an Interactive Essay on the issue, and perhaps it should), so that currently operating companies and corporations can take a good and honest look at their own operations in this regard. Are you needlessly and senselessly wasting valuable customer, human, and property resources merely because you have a misguided conception of both Capitalism and Profit, or merely because you fear risk in making and developing your True and Foundational Profits?

Because if so then I say to you, my friend, “there are profits, and then there are Prophets of Profits.”

Be not a slave to mere profits, but rather a Great Prophet of High-Profits. And you will discover that as a result not only you, but the whole world will thrive.

WHAT SHOULD BE, AND WHAT ACTUALLY IS…

What the Federal government can and should and must do if it is to survive, (and frankly I don’t care if it does) and to encourage Capitalism, Free Enterprise, and the Building of Wealth among American Citizens:

1. Lower Rates of Taxation, at both the Corporate and Individual Levels, and abolish many forms of taxation, such as Social Security taxes, institute a fair tax or consumption tax, and thereafter encourage the development of just and beneficial allodial and fee-free tax systems.

2. Abolish much of government.

3. Spend far less on government.

4. Assist in educating Private Citizens and the entire Society on the advantages of Capitalism, Free Enterprise, Private Industry and Individual Wealth Building, and how these things are actually accomplished (versus the socialistic and communistic principles now being taught as pseudo-science and distorted macro-economics in Federally supported public schools and universities).

5. Abolish many forms of regulation, and severely curtail many other forms of regulation to the lowest possible level in order to still maintain acceptable safety protocols, as well as abolishing subsidies to industry.

6. Eradicate Social Security and all others forms of failed socialistic economic policies and instead replace these with tax incentives and education programs to encourage and develop individual savings and investment and insurance accounts.

7. Abolish Public Education at the Federal level.

8. Return the Federal government to its necessary and very limited functions. Acknowledge and eradicate its numerous and unnecessary losses, rather than encouraging and subsidizing constant and continual states of failure.

9. Employ far fewer people at far less pay and benefits (especially at the Congressional, Court, and Administrative levels), see itself as a Service Oriented and temporary Career or Profession, rather than as a permanent and fixed political class (America should be political-class-free) and a personal benefits industry and life-long occupation. Government is not a “calling,” service in government is a calling. But government is not, and should never be, a life-long enterprise. It is public service, not life-long employment at Public Expense. Americans are not Imperial-era Romans, and neither should we be run like a Third World Banana Republic. To this end it is also extremely necessary to institute Tort and Court reform.

10. Actually become Pro Business, Capitalism, Free Enterprise, Industry, and Private Wealth Creation, as well as becoming Self-Limited and self-limiting, and self-disciplined.
What the Federal Government actually does:

1. Seeks any and every opportunity to raise tax rates and to increase the bureaucratic tax burden.

2. Seeks constantly to grow itself at the expense of the nation, the culture, and the People.

3. Seeks constantly to spend more, and to bankrupt itself, the nation, and the American People.

4. Seeks constantly to engage in Socialistic Care-taking policies like Social Security, subsidizing failed enterprises, and seizing control of whole industries like the Medical and Defense Industries.

5. Seeks constantly to increase the regulatory burden of government on every sector of the economy, finance, and enterprise, and even on individual behavior even when the evidence is clear that such regulations cripple or destroy market and national competition and entire sectors of industry and the economy.

6. Constantly grows socialistic programs while at the same time funding them by means that would in every other circumstance be considered illegal and immoral, while suppressing the development of Individual Business and Saving and Investing and Charity and Philanthropy incentives and programs that would actually work, both societally and financially.

7. Constantly fails to educate most people, at great and ever increasing public expense, and the educational efforts it does operate are inefficient and more often than not outright erroneous and inaccurate.

8. Constantly seeks to enlarge and spread its creeping, corrupting, and nefarious influence into all aspects of American life and culture. Continually excuses and subsidizes its own abysmal rates of failure, moral and financial bankruptcy, and horrendous and miserable acts of unrepentant incompetence.

9. Seeks constantly to swell its rank of employees, dependents, unionized collectives, and supporters to give its gargantuan and bloated bulk an apparent and superficial legitimacy it does not really enjoy.

10. Engages in constant acts of sabotage, injury, regulatory destruction, and burdensome taxation and exhaustion against Individual and Corporate acts of Business, Capital Accumulation, Charity and Philanthropy, Free Enterprise, Market Development, Productive Industry, and Private Ownership and Wealth Creation.

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