Posted tagged ‘balanced’

On The Contract Law: Why is Your Bank so Evil and What Can You Do About It?

2009/11/03

800px-United_States_one_dollar_bill,_reverse Most of us will agree that businesses exist to make a profit. Most of us will also agree that businesses exist because they provide something that a consumer wants to pay for. This model works great for a consumer going to a store to buy an item he can pay cash for 1 time – such as a drill. There are many stores that sell drills, many brands of drills, and many consumers. No particular group can take advantage of any other, and market forces work very well to provide value to the consumer and profit to the businesses.

What happens when a service is purchased for some period of time, such as a bank account, or a cellular phone subscription? Here, the market is more limited in 2 ways.

  1. the number of sellers are very limited in number and in difference in product offering.
  2. the businesses have vast and mighty contracts that give them a level of advantage over the little people not seen since the days of Landlords and Serfs in Europe. (more…)
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On Guns – Part 2: A Compromise Most of Us Could Live With?

2009/11/01

I recommend that you first see Part I of this series in my previous post

RevolverI personally believe in non-violence, and don’t own any guns at all. I can also see why others feel it is important to have them. I can understand that concerns for security, safety and freedom motivate  both gun rights and gun control proponents. What I can’t understand is that we continue to avoid finding a reasonable solution that is acceptable to most people. (more…)

On Guns – Part 1: What’s All the Fuss About?

2009/10/29

RevolverThe Second Amendment to the Constitution, written in1791 reads: ‘A well regulated militia, being necessary to the security of a free state, the right of the people to keep and bear arms shall not be infringed’.  I am aware of no other sentence that is so controversial, and so open to interpretation as this one. I will briefly present all the interesting interpretations that I am aware of. (more…)