Well, the bail out passed to day and Bush signed it to make it official. OH WHAT A GLORIOUS DAY!!! As if the government wasn't large, useless and intrusive enough, but now I can't even imagine the the beast that will be unleashed after today's festivities. The real kicker is that most Americans (what a stupid breed these Americans are) think that the government should intervene in this situation. Yes, unfortunately, Americans love the concept of the nanny state. Many believe that it is better to do something, than to do nothing. I find that logic to be lacking, well, any real insight...it's quite simplistic to say the least. Is it not better to do nothing, than to do something reckless that could, possibly, be more harmful than helpful? I am going to end this post with some quotes from Milton Friedman and hope that they will serve as a warning against the threat of Big Government.
"The Great Depression, like most other periods of severe unemployment, was produced by government mismanagement rather than by any inherent instability of the private economy."
"If you put the federal government in charge of the Sahara Desert, in 5 years there'd be a shortage of sand."
"The government solution to a problem is usually as bad as the problem."
"The power to do good is also the power to do harm. "
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