He's absolutely right. If the USA ever had or operated as a free market, I've never seen it in my lifetime. At leats not in general terms.
In a free market, businesses whose stewards make stupid mistakes are allowed to fail. In a free market, the government does not intervene in capital markets to artificially expand the class of "qualified" borrowers because it believes itself to be the omniscient arranger of "fair" outcomes. In a free market, the government does not manipulate money policy to the advantage of one class over another.
In a free market, the government does not regulate some businesses out of existence and give other businesses taxpayer dollars, thereby forcing all businesses into the corrupt practice of lobbying out of simple self-defense.
Assuming Obama wins the election.
Now that they will be swept, hopefully along with the entire "Grand Old Party," into the dustbin of history, the collectivist Chaits are going to come against, for the first time in a long time, the true conservatives, the true believers in free people and free markets.
In the land they create where the Constitution and the rule of law are overwhelmed by "democratic majority rule," political power, to quote one of their revered elder collectivist statesmen, "comes out of the barrel of a gun."
Let's hope they don't push too hard because We're the ones with the firearms. And we're also not afraid to use them.
Wednesday, October 8, 2008
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