Scott Mitchell on Rights, Opportunities, and the US Entrepreneur

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As patriotic as I am, I find it hard to deny that our country has already suffered through an economic hiccup and likely will agonize through graver challenges in the coming years.  Although I continue to lose faith in our already strained political system which I feel is burdens a deficit of integrity, I do have faith in our great nation and absolute certainty that America will continue to be the world’s leader centuries to come.  The sooner our politicians and liberal activist are enlightened by the economic and political facts that the people of our nation should already be certain of, the sooner our economy will accelerate on the road to recovery and prosperity.

These economic and political facts include:

  1. The only role for a federal government in the United States is to (a) provide for a national defense; (b) ensure the preservation of inalienable rights; and (c) preside over interstate disputes directly related to interstate commerce.  These rules must be strictly defined and narrowly interpreted and all other roles and rights should be left to the states or the people.
  2. Federal taxes should be uniform (non-progressive), minimal, and fund only the narrowly defined Federal roles defined above.
  3. States should have the rights to do whatever they want, levy whatever taxes they wish, and provide each of their citizens whatever entitlements they so decide restricted only by the constitutional rights of their citizens.
  4. Competition, in almost all struggles in life, always serves the greater good as it necessarily promotes exceptionalism.  In any competition, to the victor go the spoils.  We must be willing to not only accept, but embrace and hold as principle, the fact that there will be winners and losers and not every kid will get the trophy.
  5. In general, man is innately and fundamentally good, charitable, and honest.  In the absence of entitlements, social programs, welfare, and forced redistribution of wealth, good men with truly philanthropic motivations will support those who truly need and are deserving of help but not tolerate free-loaders or leaches of society.
  6. A free society governed as a representative constitutional republic for the people and by the people coupled with a free market capital economy has proven to be the most effective system to ensure the greatest economic prosperity and the most critical recognition of common human rights that are possible under any system of government known to man.
  7. Wars are not meant to liberate, feed, enlighten, or in any other way support citizens of our nations.  War requires the ultimate cost of any nation which includes the death of it young men and women.  Wars are not meant to be taken lightly and should only be fought to win.  Americans can better “Liberate” others by setting sound examples and adhering to the principles our country is founded upon and should only fight wars to ensure the survival of our people or ideas which sometimes means acquiring critical resources through war.  History will teach us that the only nations that have successfully claimed triumph in any War had to accept a great deal of loss and annihilate an otherwise unimaginable and intolerable number of soldiers and civilians to do so.  A nation’s unwillingness to accept this, at the wars onset, necessarily makes it either (a) only a military involved and government sponsored operation or effort; or (b) a war that we are planning on losing but willing to sacrifice our men and women’s lives for.
  8. American entrepreneurialism is the single most valuable economic resource that the world has ever seen and is will only realize its potential in a free market capitalist economy that is properly governed.  Removing barriers from restrictions and barriers will enhance their ability to innovate, develop new business models to exploit emerging world trends, and create jobs.  Any effort to the contrary is counterproductive to realizing the potential of this incredible natural resource American has previously enjoyed.
  9. The American people are only entitled to the rights provided them in their constitution and nothing more.  American should have never been the nation that ensures a free lunch but rather the nation that ensures a fair chance.  We should stop confusing the “Land of Opportunity” with the “Land of Guarantee”.

To conclude my short rant about the importance of Rights, Opportunities, and the US entrepreneur, I’d like to share some of my favorite quotes about entrepreneurialism:

“Coming together is a beginning; keeping together is progress; working together is success.” - Henry Ford

“Without continual growth and progress, such words as improvement, achievement, and success have no meaning.” - Benjamin Franklin

“We were young, but we had good advice and good ideas and lots of enthusiasm.” - Bill Gates

“I have not failed. I’ve just found 10,000 ways that won’t work.” - Thomas Edison

“The entrepreneur always searches for change, responds to it, and exploits it as an opportunity.” - Peter Drucker

“Once you say you’re going to settle for second, that’s what happens to you in life.” - John F. Kennedy

“Logic will get you from A to B. Imagination will take you everywhere.” - Albert Einstein

“I had to make my own living and my own opportunity! But I made it! Don’t sit down and wait for the opportunities to come. Get up and make them!” - Madam C.J. Walker

“High achievers spot rich opportunities swiftly, make big decisions quickly and move into action immediately. Follow these principles and you can make your dreams come true.” - Robert H. Schuller

“An entrepreneur tends to bite off a little more than he can chew hoping he’ll quickly learn how to chew it.” - Roy Ash

“I have failed over and over gain in my life and that is why I succeed.” - Michael Jordan

“Big pay and little responsibility are circumstances seldom found together.” - Napoleon Hill

“The opportunity for an entrepreneur to start a company from scratch today is abysmal.” - David Geffen

“I did something that challenged the banking world. Conventional banks look for the rich; we look for the absolutely poor. All people are entrepreneurs, but many don’t have the opportunity to find that out.” - Muhammad Yunus

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