Another National Crisis Averted, thanks to the government
This just in, and it is not The Onion (as confirmed by the story's appearance in many other outlets):
"The federal government is bailing out hard-pressed [Maryland] watermen with a disaster declaration for the region's collapsing blue crab industry."
As a correspondent writes me: "From 'too big to fail' to 'too tastey to fail' in less than a week!"
Comments (3)
Michael E. Lawrence
I, and many others, had hoped that when the credit crunch came, the American public would be disabused of their socialist-democratic Weltanschauung, but the events of recent weeks only seem to have made people even more hostile to the free market--however free it's been for the past 100 years. People don't understand that this whole mess happened because of government, not in spite of it. And they still hold on to those Herbert Hoover myths. I am utterly despondent that we'll ever get people to understand this.
Published: September 25, 2008 3:26 PM
Campbell
So ironic that a country like America - a country literally founded by some of the most prominent minds in Classical Liberalism, a country that idolizes their writings to the point of religious dogma - should have so much public pressure for socialism. And not even organized, thoughtful economic interventionism that we see in so many Western democracies; rather a disorganized mishmash of small and large interventions. At least social democracies can boast functional economies, however misguided. The American system is rapidly disembowelling itself.
My question is - if we had a "do-over" (as well we might in the next few decades), how could we strengthen the classical liberal protections already in the Constitution? How better could we ensure the survival of this republic than what was already tried (and seems on the brink of failure)?
Published: September 25, 2008 6:34 PM
Michael Bakhama
"My question is - if we had a "do-over" (as well we might in the next few decades), how could we strengthen the classical liberal protections already in the Constitution? How better could we ensure the survival of this republic than what was already tried (and seems on the brink of failure)?"
Ultimately, no Constitution can enforce itself. Even if the Constitution mandated anarcho-capitalism in completely unequivocal language, it would be interpreted to authorize total central planning. If you don't believe me, just read some Supreme Court decisions.
As long as the people choose to tolerate corporate socialism at home and empire abroad, no amount of legal protections, no matter how well-intentioned, will suffice. The only way to preserve liberty is to change the culture. Persuade the masses to value liberty and you've won.
Published: September 25, 2008 7:27 PM