Posted on 07/10/2002 2:02:16 AM PDT by The Raven
Edited on 04/22/2004 11:46:45 PM PDT by Jim Robinson. [history]
"Americans know that even scarier than a bear market in stocks is a bull market for politicians."
I nominate for the quote of the week.
The financial markets will work the excesses out if there is no political involvement.
Great article that supports your words: Corporate responsibility Joseph Farah finds federal thieves dislike Enron competition
Free markets EXPECT immperfect competition. That's how the best rise to the top. Government has perfect competition - NONE !!!!
Can I say that if the politicians and bureaucrats were held accountable like the private sector is for cooking the books that most of our government leaders would already be behind bars.
Also, if a private sector company was run like government -- funding itself with the extortion-barrel of a gun -- the private sector would all be in jail. Come to think of it, the government has created so man laws that virtually every citizen is a lawbreaker. Yet despite all those law breakers people and society continue to prosper.
Despite power-usurping politicians and self-serving bureaucrats that create and implement 3,000 new laws each year -- "must have" laws they and the media tell us; that without them people and society would run headlong into destruction -- people and society continue to increase prosperity.
How ever did we all manage to do so well for years and decades without having next year's do-or-die, must-have laws or the laws that will come the year after next and the years to come?
The fact is, politicians and bureaucrats are parasites and the workers of the world are the host. Without our work ethics they would perish, -- without their ethics of parasitism the workers of the world would flourish almost beyond imagination.
The War of Two Worlds
Value Creators versus Value Destroyers
Both of these campaigns will fully be launched by the final weeks of October. Democrats will point to the loss of 401 K power for the Average Joe, and Republicans will scream for the nation to get behind our boys in Iraq who will have been committed to massive battle there my mid-month (October). There will be dogs a waggin' everywhich which way, by both parties come the Fall.....
But if come August, the president hosts a Rose Garden signing of a ("bipartisan") investment reform bill, won't that take the edge off the issue for the Dimms?
Won't it at least look like everyone's come together to fix the problems?
And, if no bill is passed, don't the Dimms risk exposing what uncaring obstructionists they really are?
Is this really a slam dunk for the opposition party?
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