
QUOTE OF THE DAY:
"If you put the federal government in charge of the Sahara Desert, in 5 years there'd be a shortage of sand." -Milton Friedman (1912-2006)
POLITICS & MARKET COMMENTARY:
This is a scary time in America, and NOT Because Lehman went belly up and a few other firms are drowning, such as AIG and WaMu, but because liberals are taking the opportunity to push for more and more regulation and less and less capitalism in the name of "fairness."
Folks, capitalism entails risk--and lots of it. We guarantee in this country the PURSUIT of prosperity along with life and LIBERTY, but in no way do guarantee you a house or a car. If you want handouts and Big Brother looking out for you at all times then go find a communist country to move to and see how that works out for you.
Why let Lehman fail? Why let any other firm fail? Don't people lose jobs and doesn't this cause panic and fear? It's the same logic why you let 50 guilty men walk free rather than imprison 1 innocent man. Free Market Capitalism is the best system in the world because it offers incentives to succeed beyond your wildest dreams by limiting government intervention. Period.
This has always been the premise behind the USA--we, the people, can do it better than the government.
Ok, rant over.
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