"If ye love wealth better than liberty, the tranquility of servitude better than the animating contest of freedom, go home from us in peace. We ask not your counsels or your arms. Crouch down and lick the hands which feed you. May your chains set lightly upon you, and may posterity forget that you were our countrymen."
-Samuel Adams

the Misanthropic Humanist:

constantinemagildahyde2@yahoo.com

31 March 2009

Some Facts

This isn't a full post, just an expression of frustration. Every single time I pass a television with the news on, I want to throw things at it. The level of abject stupidity has reached a point that is simply inexplicable. Every time an "expert" starts pronouncing on the country and the economy lately, they are wrong before they've even left the gate. You can never reach the right conclusion when ALL of your premises are blatantly false. About the only person vehemently exposing the stupidity is Glenn Beck. He is histrionic, but some hysteria is called for right now.

The financial crisis was NOT caused by wall-street. It was caused by Congress.

Taking money from rich people will NEVER help an economy. Poor people do not hire new workers.

GM etc CANNOT be saved by the government. The cannot, in their current form, be saved at all. Bankruptcy will have to happen, and barring government meddling, it will fix the problem.

The free market always works. Always. When the government blocks it's function in one area, it moves to another. When it fails to respond internally, it responds externally. When a company has to give bad loans to compete with federal ones they will. When auto manufactures are forced to pay people who aren't working, they will. The government cannot outsmart, fix, direct, or heal the market, they can only make it less efficient.

Government is not the answer. Government is the problem.

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