Whenever a government bails someone out of trouble, the government, at the very same moment, always puts someone else into trouble.
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Governments create nothing, governments just redistribute... and governments redistribute mostly trouble.
Whenever a government bails someone out of trouble, the government, at the very same moment, always put someone else into trouble. Yet, it is worse than a zero sum game because the Government charges a fee. For example, $100 billion in bailout requires at least $130 billion in taxes, where the $30 billion extra is the cost of government "managing" the bailout program.
Hey, it's expensive to live in Washington, DC. and if we are going to have millions of lazy bureaucrats then they need to be well paid for the trouble of getting off the couch...
For example, Bush is the brightest of the bright bureaucrats in Washington these days and he has bailed out the banks.
Obama has a free hand and his hand will cause ruin. Obama can "redistribute" to his heart's content.
As the Observer has argued in Blood Toil, Tears and Sweat on this page, George Bush grossly under estimated the far-left's drive for political power at all costs
Because of his misguided insights into the true nature of the far-left, Bush will have handed the far-left a massive, strategic victory if Obama destroys capitalism.
Governments create nothing, governments just redistribute... and governments redistribute mostly trouble.
Whenever a government bails someone out of trouble, the government, at the very same moment, always put someone else into trouble. Yet, it is worse than a zero sum game because the Government charges a fee. For example, $100 billion in bailout requires at least $130 billion in taxes, where the $30 billion extra is the cost of government "managing" the bailout program.
Hey, it's expensive to live in Washington, DC. and if we are going to have millions of lazy bureaucrats then they need to be well paid for the trouble of getting off the couch...
For example, Bush is the brightest of the bright bureaucrats in Washington these days and he has bailed out the banks.
Obama has a free hand and his hand will cause ruin. Obama can "redistribute" to his heart's content.
As the Observer has argued in Blood Toil, Tears and Sweat on this page, George Bush grossly under estimated the far-left's drive for political power at all costs
Because of his misguided insights into the true nature of the far-left, Bush will have handed the far-left a massive, strategic victory if Obama destroys capitalism.
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