Thursday, February 5, 2009

Good Morning Comrades!

Glen Beck wonders "why not go all the way?"





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Innes adds: When you take government money, you have to submit to government regulation. So now we see the government telling companies how much they can pay their executives, whether they should have private jets or even fly first class (or even fly at all!), where they can have their executive retreats (it's Wisconsin Dells this year, boys; enjoy the waterslide), and how much they can pay for a toilet stool. Yet businesses and industries are lining up to get in on this "free money."


George Bailey, in It's a Wonderful Life, learned to resist the allure such an offer of help. Like Mr Potter's seemingly kind offer to help the Savings and Loan survive their liquidity crisis, it's not a bailout, but a buyout. And he who pays the piper calls the tune.

But what's our problem with this? Who are we to question the Dear Leader? The government runs everything so cost efficiently and with such people-friendly service, perhaps it's better that they take charge of everything that's important.

But seriously, perhaps we all need to read Hayek's The Road to Serfdom.

2 comments:

Shane Vander Hart said...

Hey, have you ridden the water slides at the Dells? They're fun!

David C. Innes said...

Actually, I have been! But I didn't see anyone who looked like the CEO of a major corporation. (Mind, it was the off-season.)