In a civilized society, should anyone or any government ever force anyone to do anything against his or her will as long as that person does not infringe upon the life, liberty, or property of another?

Friday, November 30, 2007

You couldn't write a better script

Want to screw up a financial system? Love to create credit and market distortions? Like to have American taxpayers bail out cranky government interventions in the banking, mortgage, and securities sectors? You've got it! It's all right here in Washington! Come one, come all!

Now the Secretary of the Treasury is getting in on the act, as you can see by this article. Just one more bandaid to forestall the inevitable: an economic meltdown. The more the government intervenes to put off the pain, the greater the ultimate pain will be. In the last paragraph, George Miller seems to understand the problem.

No comments: