ARRA News Service
News Blog for social, fiscal & national security conservatives who believe in God, family & the USA. Upholding the rights granted by God & guaranteed by the U.S. Constitution, traditional family values, "republican" principles / ideals, transparent & limited "smaller" government, free markets, lower taxes, due process of law, liberty & individual freedom. Content approval rests with the ARRA News Service Editor. Opinions are those of the authors. While varied positions are reported, beliefs & principles remain fixed. No revenue is generated for or by this "Blog" - no paid ads - no payments for articles. Fair Use Doctrine is posted & used.
Blogger/Editor/Founder: Bill Smith, Ph.D. [aka: OzarkGuru & 2010 AFP National Blogger of the Year]
Contact: editor@arranewsservice.com (Pub. Since July, 2006)
    Home Page
   

One of the penalties for refusing to participate in politics is that you end up being governed by your inferiors. -- Plato (429-347 BC)

Monday, February 15, 2016

Does Regulation Kill Private Sector Investment? Is Water Wet? Is Snow Cold?

Breaking News
by Seton Motley, Contributing Author: We free marketeers repeatedly reassert the obvious – that government abusing the private sector hurts the private sector. Pro-government fetishists try mightily to deny Reality – claiming that bigger government doesn’t damage the sectors over which it lords.

We now have the entire nation of India, filled with nearly one billion mostly Internet-less people, as but the latest visual aide. When government rears its ugly head – private investment heads for the hills. Or, in this case, back to the Silicon Valley.

Just one nasty, hydra-headed regulation – Network Neutrality – has caused a raft of huge investors to bail on the subcontinent. Leaving stranded and unconnected hundreds of millions of poor Indians – who pre-government had hope of tapping into the Internet.

Facebook’s Free Internet App Banned by India’s New Net Neutrality Rule: Because the pro-government fetishists don’t like anyone getting anything free – unless it’s from government. So Facebook and their investing cohorts did what always happens when government grows – they understandably shrink away.

Facebook Pulls the Plug on Free Basics in India: “After month long consultations, triggered by the net neutrality debate, Telecom Regulatory Authority of India earlier this week barred operators from charging different rates for data access, dealing a blow to Free Basics and other such plans like Airtel Zero. While Facebook had promoted Free Basics as a programme aimed at providing basic Internet access to people in partnership with telecom operators, critics slammed the service saying it violated the principle of net neutrality.”

So wedded are the fetishists to government regulation, they will sacrifice on its altar billions of dollars of Indian investment – dedicated to connecting (hundreds of) millions of poor, Web-less people.

Facebook Free Basic vs. Net Neutrality: India Chose Net Neutrality. Sadly, pathetically true. Are other nations similarly choosing government and continued poverty over private investment and connection to the future? Thankfully, no: “Launched in 2014, Facebook is running the programme across 17 countries.” It would appear their governments aren’t as absurdly anti-growth as is India’s government. And don’t view billions of outside dollars pouring in as a bad thing.

Human nature is immutable. Humans will always put their money where it is treated best. The more government abuses it – with taxes, laws and regulations – the less likely that government’s country, economy and citizenry will receive it. But we need not travel all the way to India to see that.

The United States has the world’s highest corporate tax rates – 39.1%. The annual cost of complying with the ridiculous array of just federal government regulations – is $1.9 trillion. That is a LOT of abuse of capital. Human nature – remains immutable.

U.S. Companies Are Stashing $2.1 Trillion Overseas to Avoid Taxes: “‘It just makes no sense to repatriate, pay a substantial tax on it,’ said Joseph Kennedy, a senior fellow at the Information Technology and Innovation Foundation, a policy-research group whose board of directors includes executives from Microsoft and Oracle Corp.”

Warren Buffett Knows Less Government Means More Economic Activity: “Warren Buffett’s Berkshire Hathaway is expected to help finance Burger King’s pending acquisition of Canadian doughnut-chain Tim Hortons. The deal will allow Miami-based Burger King to claim Canada as its new legal home for tax purposes….”

Watch 1,400 US Workers Learn their Jobs are Moving to Mexico: “‘I want to be clear — this is strictly a business decision,’ (Carrier President Chris) Nelson continued.…”

Trump Shouldn’t Blame Oreos – It’s Government and Unions’ Fault: “Oreos have been for years made in Chicago, Illinois (and several other American cities). Mondelez International, Inc. – the company that delivers us the chocolatey, spherical goodness – announced they would make their next wave of Oreo manufacturing investment not in Chicago, but in Mexico.”

And oh look – Net Neutrality is a terrible idea here too.

Title II (and Net Neutrality) Has Depressed Broadband Investment: “As evidence, (FCC Commissioner Ajit) Pai pointed to research that showed a decline in capital expenditures by the major wireless companies of 12% in the first half of 2015 compared to the same time period in 2014—when the FCC was still expected to restore open Internet rules without reclassifying broadband.

“’Only twice before have broadband service providers’ capital expenditures fallen on a year-over-year basis,’ he said, ‘following the dot.com bust in 2001 and the Great Recession in 2008.

“‘In my statement dissenting from the Commission’s Title II decision, I warned that [b]roadband networks don’t have to be built. Capital doesn’t have to be invested here,’ Pai said. ‘Risks don’t have to be taken. The more difficult the FCC makes the business case for deployment—and micromanaging everything from interconnection to service plans makes it difficult indeed—the less likely it is that broadband providers big and small will connect Americans with digital opportunities.’ And that I fear is what we are now witnessing.’”

Water is wet. Snow is cold. And human nature is immutable.

If I invite you into my house – and then simultaneously pick your pockets and beat you about the head and shoulders with a bat – I should at least have the decency to not act surprised when you get up and leave.
----------------
Seton Motley is the President of Less Government and he contributes to ARRA News Service. Please feel free to follow him him on Twitter   /   Facebook.

Tags: Seton Motley, Less Government, regulation, kill, private sector, investment, water wet, snow cold To share or post to your site, click on "Post Link". Please mention / link to the ARRA News Service. and "Like" Facebook Page - Thanks!
Posted by Bill Smith at 11:10 AM - Post Link

1 Comments:

Anonymous Seton Motley said...

If I invite you into my house - and then simultaneously pick your pockets and beat you about the head and shoulders with a bat - I should at least have the decency to not act surprised when you get up and leave.

2/17/2016  

Post a Comment

<< Home


View U.S. National Debt

Don't miss anything!
Subscribe to the
ARRA News Service
It's FREE & No Ads!

You will receive a verification email
& must validate you subscribed!

You Then Receive One Email Each AM
With Prior Days Articles / Toons / More


Also, Join & leave conservative posts & comments on
Facebook.com/ARRANewsService


Recent Posts:
Personal Tweets by the editor:
Dr. Bill - OzarkGuru - @arra
#Christian Conservative; Retired USAF & Grad Professor. Constitution NRA ProLife schoolchoice fairtax - Editor ARRA NEWS SERVICE. THANKS FOR FOLLOWING!

Action Links!
State Upper & Lower House Members
State Attorney Generals
State Governors
The White House
US House of Representatives
US Senators
GrassFire
NumbersUSA
Ballotpedia

Facebook Accts - Dr. Bill Smith
Pages:
ARRA News Service
Arkansans Against Big Government
Alley-White Am. Legion #52
Catholics & Protestants United Against Discrimination
End Taxpayer Funding of NPR
Overturn Roe V. Wade
Prolife Soldiers
Project Wildfire 4 Life
Republican Liberty Caucus of Arkansas
The Gold Standard
US Atty Gen Loretta Lynch, aka Eric Holder, Must Go
Veterans for Sarah Palin
Why Vote for Hillary (Satire)
FB Groups:
Arkansas For Sarah Palin
Arkansas Conservative Caucus
Arkansas County Tea Party
Arkansans' Discussion Group on National Issues
Blogs for Borders
Conservative Solutions
Conservative Voices
Defend Marriage -- Arkansas
FairTax
FairTax Nation
Arkansas for FairTax
Friends of the TEA Party in Arkansas
Freedom Roundtable
Pro-Life Rocks - Arkansas
Republican Network
Republican Liberty Caucus of AR
Reject the U.N.

Patriots
Exchange
Links

Request Via
Article Comment

Links to ARRA News
A Patriotic Nurse
Agora Associates
a12iggymom's Blog
America, You Asked For It!
America's Best Choice
ARRA News Twitter
As The Crackerhead Crumbles
Blogs For Borders
Blogs for Palin
Blow the Trumpet Ministry
Boot Berryism
Cap'n Bob & the Damsel
Chicago Ray Report - Obama Regime Report
Chuck Baldwin - links
Common Cents
Conservative Voices
Diana's Corner
Greater Fitchburg For Life
Lasting Liberty Blog
Liberal Isn't Amy
Marathon Pundit
Patriot's Corner
Right on Issues that Matter
Right Reason
Rocking on the Right Side
Saber Point
Saline Watchdog
Sultan Knish
The Blue Eye View
The Born Again Americans
TEA Party Cartoons
The Foxhole | Unapologetic Patriot
The Liberty Republican
The O Word
The Path to Tyranny Blog
The Real Polichick
The War on Guns
TOTUS
Twitter @ARRA
Underground Notes
Warning Signs
Women's Prayer & Action
WyBlog

Editor's Managed Twitter Accounts
Twitter Dr. Bill Smith @arra
Twitter Arkansas @GOPNetwork
Twitter @BootBerryism
Twitter @SovereignAllies
Twitter @FairTaxNation

Editor's Recommended Orgs
Accuracy in Media (AIM)
American Action Forum (AAF)
American Committment
American Culture & Faith Institute
American Enterprise Institute
American Family Business Institute
Americans for Limited Government
Americans for Prosperity
Americans for Tax Reform
American Security Council Fdn
AR Faith & Ethics Council
Arkansas Policy Foundation
Ayn Rand Institute
Bill of Rights Institute
Campaign for Working Families
CATO Institute
Center for Individual Freedom
Center for Immigration Studies
Center for Just Society
Center for Freedom & Prosperity
Citizens Against Gov't Waste
Citizens in Charge Foundstion
Coalition for the Future American Worker
Competitive Enterprise Institute
Concerned Veterans for America
Concerned Women for America
Declaration of Am. Renewal
Eagle Forum
FairTax
Family Research Council
Family Security Matters
Franklin Center for Gov't & Public Integrity
Freedom Works
Gingrich Productions
Global Incident Map
Great Americans
Gold Standard 2012 Project
Gun Owners of America (GOA)
Heritage Action for America
David Horowitz Freedom Center
Institute For Justice
Institute for Truth in Accounting
Intercollegiate Studies Institute
Judicial Watch
Less Government
Media Reseach Center
National Center for Policy Analysis
National Right To Work Foundation
National Rifle Association (NRA)
National Rifle Association (NRA-ILA)
News Busters
O'Bluejacket's Patriotic Flicks
OathKeepers
Open Secrets
Presidential Prayer Team
Religious Freedom Coalition
Renew America
Ron Paul Institute
State Policy Network
Tax Foundation
Tax Policy Center
The Club for Growth
The Federalist
The Gold Standard Now
The Heritage Foundation
The Leadership Institute
Truth in Accounting
Union Facts



Blogs For Borders

Reject the United Nations

Presidential Prayer Team

Thousands of Deadly Islamic Terror Attacks Since 9/11


FairTax Nation on FaceBook
Friends of Israel - Stand with Israel
Blog Feeds
Syndicated - Get the ARRA News Service feed Syndicated!
ARRA Blog Feed

Add to Google Reader or Homepage

Add to The Free Dictionary

Powered by Blogger


  • To Exchange Links - Email: editor@arranewsservice.com!
  • Comments by contributing authors or other sources do not necessarily reflect the position the editor, other contributing authors, sources, readers, or commenters. No contributors, or editors are paid for articles, images, cartoons, etc. While having reported on and promoting principles & beleifs beliefs of other organizations, this blog/site is soley controlled and supported by the editor. This site/blog does not advertise for money or services nor does it solicit funding for its support.
  • Fair Use: This site/blog may contain copyrighted material the use of which has not been specifically authorized by the copyright owner. Such material is made available to advance understanding of political, human rights, economic, democracy, and social justice issues, etc. This constitutes a 'fair use' of such copyrighted material as provided for in section Title 17 U.S.C. Section 107 of the US Copyright Law. Per said section, the material on this site/blog is distributed without profit to readers to view for the expressed purpose of viewing the included information for research, educational, or satirical purposes. Any person/entity seeking to use copyrighted material shared on this site/blog for purposes that go beyond "fair use," must obtain permission from the copyright owner.
  • © 2006 - 2020 ARRA News Service
Creative Commons License
Creative Commons Attribution Noncommercial Share Alike 3.0 Unported License.