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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-

Monday, May 11, 2009

Passage of the day....

Bremmer says, correctly, that state capitalism "has introduced massive inefficiencies into global markets and injected populist politics into economic decision-making," that "deeper state intervention in an economy means that bureaucratic waste, inefficiency and corruption are more likely to hold back growth," and that politicians tend to develop stimulus packages with their constituencies, not economic efficiencies, in mind. Therefore, he says, the state must eventually retreat. He probably is wrong because he underestimates the pleasure politicians derive from using their nation's wealth as a slush fund for purchasing political advantage.
From this George Will piece.

Of course, American socialists (AKA Democrats) wrap all of this intervention in the gauze of fairness, justice, and all kinds of subjective garbage. However, one fact of life is continuously overlooked, and that is that the singular decisions that are made by governments are made by people that are subject to all kinds of interference and influence; people want to get their hands on a piece of that big pie. So, why should we trust them? Why should we give away our ability to make decisions and hand them to some faceless bureaucrat is Washington? Its a complete mystery to me, its dangerous and is not American. The USA is fast becoming just another sclerotic European state.

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