lewrockwell.com— "Yet somehow, America’s $3-trillion federal government – the largest state in our planet’s history – is associated with free enterprise in the minds of confused pundits, left and right."
Oct 20, 2008View in Crawl 4
Government interference in the free interactions of people(the market) are always an attempt to cheat reality. Insane and childish. It's a game of let's pretend. Let's pretend that everyone has earned and can afford a house. Let's pretend that everyone is equally credit worhty. Let's take money from some people and give it to others so we all can pretend that they are prosperous.You can fool reality only for so long. Then it all comes crashing down. The bailout is one more attempt to pretend. CRASH!
I don't know how anyone can honestly think that what we have in America is free market capitalism. It's a rigged system that goes crazy many times. It is a system that is beyond the comprehension of any single entity and why people and the government thinks that it needs to be and can be controlled and tweaked through a system of cronyism and political favors is ludicrous! Seriously, why, with everything else, are scientists and experts consulted for how to do things, but when it comes to economics, markets, etc, politicians know how to fix things? Economics is a social science! It's science, yet when somebody tries to implement scientific laws the same as physics and chemistry, are they labeled as ideologues and somebody lost in utopia?
allthebestOct 20, 2008
Government interference in the free interactions of people(the market) are always an attempt to cheat reality. Insane and childish. It's a game of let's pretend. Let's pretend that everyone has earned and can afford a house. Let's pretend that everyone is equally credit worhty. Let's take money from some people and give it to others so we all can pretend that they are prosperous.You can fool reality only for so long. Then it all comes crashing down. The bailout is one more attempt to pretend. CRASH!
vnaicOct 20, 2008
Thanks for an excellent reply. I was astounded, wounded, mad upon reading his drivel - and your article was just what I needed. Many thanks!
jhodappOct 22, 2008
I don't know how anyone can honestly think that what we have in America is free market capitalism. It's a rigged system that goes crazy many times. It is a system that is beyond the comprehension of any single entity and why people and the government thinks that it needs to be and can be controlled and tweaked through a system of cronyism and political favors is ludicrous! Seriously, why, with everything else, are scientists and experts consulted for how to do things, but when it comes to economics, markets, etc, politicians know how to fix things? Economics is a social science! It's science, yet when somebody tries to implement scientific laws the same as physics and chemistry, are they labeled as ideologues and somebody lost in utopia?