A Glimpse at the Invisible Hand of the Market
I love the "Invisible Hand" concept. It is the force that would solve all problems financial if the Government and Dogooders and Unions and Treehuggers would just get out of the way and let it work. It is described as the markets recognition of a need causing money to be invested to solve that need in the pursuit of profit. But frankly, it is just BS. There is no "invisible hand" magic. It does not benefit "the people". Dogooders and Unions and Treehuggers are the worlds best defense against the "invisible hand". Because in truth the "invisible hand" is the union of Gov't and Business to take from you and give to another while skimming alot for themselves and call it free markets capitalism.
Here is the "invisible hand" of T Boone Pickens at work.
The freshwater supply district gave Pickens access to low-interest bonds and to eminent domain, a government's power to compel the sale of private property for public use. Mesa Water and Mesa Power, instruments of Pickens' push to build one of the largest wind farms in the world, joined with the district to pursue right of way between the remote resources and customers in Dallas and Fort Worth.
Rep. Brandon Creighton, R-Conroe, authored changes overwhelmingly approved last session in the House and Senate allowing a property owner in a freshwater district to serve on the board. Previous law required board supervisors be registered, resident voters.
The change allowed three Pickens employees to serve as supervisors of a Roberts County Fresh Water Supply District created over land wholly owned by Pickens. Only two residents on the property voted in a November election to create the district - both work for Pickens.
So I guess the "invisible hand" will move the residents of Amarillo and Lubbock to other parts of the country after their laziness, lack of hard work, and failure to anticipate their wells running dry costs them their livelihood and the value of their property.
Or they can stand up get organized and fight.
I hope they aren't derided as activists though, because the "invisible hand" of Boone Pickens certainly is one.