Friday, October 3, 2008

The Bailout and Distrust

The ancient Greek orator Demosthenes said:

There is one safeguard known generally to the wise, which is an advantage and security to all, but especially to democracies as against despots. What is it? Distrust. (Philippic 2, sect. 24)

When Congress and our former Goldman Sacks CEO Treasury Secretary ask us for $700,000,000,000, ask yourself, "Do I trust these people with this much power?"

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