One nation under material
One nation under material
By Donald Hank
Whenever I meet someone who identifies himself as a “liberal” or left-winger, I immediately ask them, “What caused the banks to crash?” The invariable answer: “lack of regulation.” When I ask them to elaborate, they say, parroting Tim Geithner, that the problem is “very complex,” implying “you aren’t smart enough to understand.”
The ultimate implication is that free market principles killed the banks.
But the free market has an alibi. It left the country years ago.
Some say free market capitalism started to decline with the creation of the Fed and income tax in 1913. Others trace the decline to the 30s and FDR’s Keynesian policies.
At any rate, the Western economy has long been an unsavory mixture of government and business, which some call corporatism and others call fascism. Indeed, it is essentially the economic system introduced by Mussolini, with the difference that Mussolini did not use it to harm banks or businesses.
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May 8th, 2009 at 11:36 pm
Question: What are the possible consequences of the President’s “Eligibility Movement”?
My recent Blog contains an article, along with a talk radio clip, and a Blog that reveals the sad consequences of this movement, which should be a lesson for those individuals that disguise themselves as being Patriots and those of us that unknowingly are taken advantage of in the process -You Decide:
http://weroinnm.wordpress.com/2009/05/08/consequences-of-the-president’s-“eligibility-movement”/
“Food For Thought”
“God Bless & Keep Our USA Safe”
As Always-Thanks.
Semper Fi!