Thoughts, essays, and writings on Liberty. Written by the heirs of Patrick Henry.

“It is difficult to get a man to understand something when his salary depends upon his not understanding it.”     Upton Sinclair

September 29, 2008

Thoughts On The Bailout

by Brad Warbiany

A few days ago, I tried to explain, in layman’s terms, how we ended up in this financial mess. I had this to say about the bailout:

We can debate whether or not this bailout should or shouldn’t occur (for the record, I’m against it), but in an election year, there’s nothing that’s going to derail this monster.

And it looks like today’s news proves that analysis correct momentarily premature. It’s clearly not in “stick a fork in it” stage yet, and you know that round 2 is on its way and will not be deterred.

So there’s still time to call it a stupid decision. I don’t have the time to devote to that today, so I’ll turn you over to the ever-talented Warren Meyer of Coyote Blog, who skewers the bailout plan. As they say, read the whole thing.

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1 Comment

  1. [...] HT Brad Warbiany [...]

    Pingback by Interesting Thought on the Bailout | Hear ItFrom.Us — September 30, 2008 @ 6:32 am

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