Free Enterprise saved the Chilean miners NOT government


Lloyd Marcus sings “2010”

http://www.youtube.com/watch?v=RkWQ4uolB8Q

“We the People” video

http://vodpod.com/watch/3087700-we-the-people

From: http://www.ncpa.org/sub/dpd/index.php?Article_ID=19936&utm_source=newsletter&utm_medium=email&utm_campaign=DPD

“Economic Issues
October 18, 2010

Capitalism Saved the Miners

The rescue of the Chilean miners is a smashing victory for free market capitalism, says Daniel Henninger.

If those miners had been trapped a half-mile down like this 25 years ago anywhere on earth, they would be dead. What happened over the past 25 years that meant the difference between life and death for those men?

Short answer: the Center Rock drill bit.

Longer answer: The Center Rock drill, heretofore not featured on websites like Engadget or Gizmodo, is in fact a piece of tough technology developed by a small company in it for the money, for profit, says Henninger.

This profit equals innovation dynamic was everywhere at that Chilean mine.

1) The high-strength cable winding around the big wheel atop that simple rig is from Germany.

2) Japan supplied the super flexible, fiber-optic communications cable that linked the miners to the world above.

3) Samsung of South Korea supplied a cell phone that has its own projector.

4) Jeffrey Gabbay, the founder of Cupron Inc. in Richmond, Va., supplied socks made with copper fiber that consumed foot bacteria, and minimized odor and infection.

The reality behind the miracles is the same: Someone innovates something useful, makes money from it and re-innovates, or someone else trumps their innovation. Most of the time, no one notices. All it does is create jobs, wealth and wellbeing. But without this system running in the background, without the year-over-year progress embedded in these capitalist innovations, those trapped miners would be dead, says Henninger.

There are tens of thousands of stories like this in the United States, as big as Google and small as Center Rock. What’s needed now is a new American economic model that lets our innovators rescue the rest of us. (Not so much a new model as a return to the old model that has worked so well for the United States. We need to reject the new socialist model of Barack Hussein Obama!—my addition)

Source: Daniel Henninger, ‘Capitalism Saved the Miners,’ Wall Street Journal, October 14, 2010.

For text:

http://online.wsj.com/article/SB10001424052748703673604575550322091167574.html

For more on Economic Issues:

http://www.ncpa.org/sub/dpd/index.php?Article_Category=17”

I heard a sound track on Monday, October 18th on the Rush Limbaugh show where Harry Reid—prayerfully the ex-Senator from Nevada—claimed that Barack Hussein Obama was like these Chilean miners since he was placed within a huge hole by the previous administration. Then, the President rolled up his sleeves and has begun working to get out of the hole.

The problem with the analogy is obvious. Even if the President was placed in such a hole, his method of getting out of the hole is a disaster.

What has he done? He has been digging a larger and larger hole!!! You can’t get out of a hole but making it deeper and more all encompassing!!!

The real solution is free enterprise, supply and demand and, most importantly, a return to the MORALITY and the VALUES that come only from GOD!!! The solution is NOT MORE GOVERNMENT and MORE NATIONAL DEBT and MORE HUMANISTIC IMMORALITY!!!