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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-

Tuesday, December 18, 2012

Our Government-Created Financial Crisis by Walter E. Williams on Creators.com - A Syndicate Of Talent

The story that people just do not want to hear about. That is that our government, the benevolent lovely, loving and all caring government was the one that created the last financial crisis and ultimately is making it worse.

No one should trust government to do what is best for the people, people should trust and do what is best for themselves. We have lost our liberty to central state planning that now benefits General Electric and Citicorp over the regular guy. And the regular guy thinks that the national government is looking after them. Its a bunch of poppycock.

Also, not only is the government not doing what is best for the people, it is incapable of doing what is best for the people. For all of the problems that they created may not have been so much intentional but the result of mind numbing stupidity. incompetence and arrogance. But it doesn't stop there, we will be facing much large problems in the near future as government has concocted promises will not be met to the people....
Allison says that crony capitalism should not be our only concern. The foundation for economic collapse 20 to 25 years from now has already been set. Social Security and Medicare deficits, unfunded state and local pension liabilities, government operating deficits, baby boomer retirement and a failed K-12 education system have eaten out our substance.
Good luck. You have put your face and trust into princes and not God or yourself. And you will pay dearly for these errors.

Our Government-Created Financial Crisis by Walter E. Williams on Creators.com - A Syndicate Of Talent

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