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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-

Wednesday, July 20, 2011

Good Things

National treasure Thomas Sowell argues that too much of a Good Thing is bad. The recent economic downturn that was principally caused by a collapse in housing is one of the Good Things that was and still is a target of American public policy.....
One of the things that have ruined our economy is the notion that both Democrats and Republicans in Washington pushed for years, that a higher rate of home ownership is a Good Thing.
The absurd and misguided notion that somehow governments can divert resources from one productive use to another should have been one of the lessons learned in the recent economic calamity. But those American people that consistently support the Marxist Obamessiah and Utopian wealth redistribution still have a strong grip on the American psyche and I think that this is likely to continue until the pain from government intervention is so great that it is finally recognized as the culprit to our economic problems and we extricate ourselves from the Leviathan's deadening grip.

Good Things

1 Comments:

At 12:31 PM, Anonymous Anonymous said...

There wont be anybody left to resist. They'll all be in debtor's prison.

 

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