PA Liquor Control Board’s New Good Idea?
March 31st, 2009 | by BGuzzardi |
Regulator Partners with Regulated – the Pa. Liquor Control Board’s New Good Idea? It worked well on Wall Street, did it not.
Well said by real world businessman. Many charge that the credit meltdown occurred because of “unfettered capitalism”, an “unregulated market”. In fact, what we have with the Federal Reserve is a government cartel of currency, credit and banking or, on the micro level, government is in partnership with entities it is supposed to restrain. Bringing the same concepts to Pennsylvania, to the Pa. Liquor Control Board, in particular, we can see this play out in everyday business operations.
“I cannot understand how a regulatory agency can partner with businesses it regulates. . . . The LCB is giving one business’ customers the convenience and experience of a licensed restaurant at the cost [for the wine] of staying at home. This would be a welcome idea if any restaurateur could participate. I will gladly compete in the marketplace, but this venture dramatically unlevels the playing field.” (Jon Myerow, owner, Tria)
Thanks to Michael Klein for introducing us to Lew Bryson, an LCB detractor who blogs. “He said the LCB was ‘acting like a business when they aren’t a business.’ ” Mr. Bryson has succinctly stated the case against the unFree Market, government monopoly, Liquor Control the result of unholy alliance between “Baptists and Bootleggers”.