Friday, April 10, 2009

Redux: Investment And Denunciation

clipped from www.sodahead.com
If you were a rising young executive with a promising future, would you be more likely or less likely to go to work for a company where politicians can fire you?


We have become such suckers for words that politicians can spend our tax money like a drunken sailor, provided they call it "investment." At least the drunken sailor is spending his own money but people look down on him because he doesn't call it "investment."
Socialists believe in government ownership of the means of production. Fascists believed in government control of privately owned businesses, which is much more the style of this government. That way, politicians can intervene whenever they feel like it and then, when their interventions turn out badly, summon executives from the private sector before Congress and denounce them on nationwide television.
Did I forget to mention that Thomas Sowell is one of the few people actually qualified to be President. And smart enough not to be of course.