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To: rockvillem
If only Thomas Sowell could have been our first black President . . . .

I don't think we need him as president and I think he would agree. His talents are academic, not executive. We need him as the economic advisor to a libertarian or Conservative freemarket oriented president. We need for Mr Sowell to totally staff all the economics positions throughout the government.

30 years ago or so Pinochet in Peru hired some U of Chicago economists to come down to Peru and redesign, among other things, the Peruvian Social Security system. It is now pretty much the system described by Thomas Sowell and it pays out much better retirements than American SS ever has and the recipient, owning his stake, has something to leave to his heirs. I believe the heirs can then incorporate it into their own SS plans and enhance them thereby. The freemarket changes in Peru were so effective that subsequent socialist governments that have come and gone and come again are loath to change them knowing that they will incur the instant enmity of the population as well as kill the goose that lays those auric ova.

20 posted on 09/19/2011 3:43:29 PM PDT by arthurus (Read Hazlitt's "ERomney cannot get enough socialist leaning "independents" conomics In One Lesson.")
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To: arthurus

Sowell was, IIRC, offered Treasury under Reagan and turned it down due to medical reasons (hypertension). Apropos of nothing in particular, did you know he was a Marine Corps pistol instructor? BTT.


22 posted on 09/19/2011 3:49:13 PM PDT by Billthedrill
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To: arthurus

Good point - I was being hyperbolic and it is a bit more nuanced than that. I think we ultimately are on the same page - Sowell wouldn’t have sought the office and has no executive experience. I’d take him (and about a hundred million others) over Obama given the nightmare that we are living and that he has common sense that seems to be utterly lacking in the current “brain trust” at the Executive Office level.


28 posted on 09/19/2011 4:30:55 PM PDT by rockvillem
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To: arthurus

Chile, not Peru.


33 posted on 09/19/2011 5:24:56 PM PDT by xone
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To: rockvillem
Please excuse.
I meant Chilean, not Peruvian. I have Peru on the brain right now. My daughter is in Lima with her husband teaching English.She just informed me she is pregnant and they are not anxious to come back so I will probably have to go there to visit my grandchild.
36 posted on 09/19/2011 5:39:01 PM PDT by arthurus (Read Hazlitt's "ERo,ney cannot get enough socialist leaning "independents" conomics In One Lesson.")
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