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Milton J. Madison - An American Refugee Now Living in China, Where Liberty is Ascending

Federalism, Free Markets and the Liberty To Let One's Mind Wander. I Am Very Worried About the Fate of Liberty in the USA, Where Government is Taking people's Lives ____________________________________________________________________________________________ "Extremism in defense of liberty is no vice. Tolerance in the face of tyranny is no virtue." -Barry Goldwater-

Friday, March 01, 2013

Great moments in central planning....The operators of the Channel Tunnel want to purchase ferry lines....

The brilliant Eurocrats that decided to build the channel tunnel are trying to eviscerate the competition by buying. I predict that allowing this to happen will ultimately raise costs, decrease service and destroy jobs as bureaucrats try to justify their capabilities and existence in what has proven to be a financial fiasco over the past several decades.

The Channel Tunnel and it s owners have defaulted or renegotiated its debt 3 times since construction of this monstrosity was begun.

Eurotunnel Heads Back to Future With Ferry Acquisition - Bloomberg


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