Comments on: They Don’t Know What They’re Doing

By: The Liberty Papers »Blog Archive » Seems Everyone Except Me Has Been Bailed Out Already

Tue, 25 Nov 2008 20:25:57 +0000

[...] there any other way to spin this than that they simply don’t know what they’re doing? * By the way, this is not an acceptance that these interventions SHOULD be made. But the only [...]

By: Mark

Mark — Fri, 14 Nov 2008 15:09:42 +0000

It appears as if Paulson, et al have perpetrated the classic “bait and switch”. Does the Federal Trade Commission have jurisdiction over the Treasury Department? No? Does the intent of Congress count for anything?

What are the chances of Congress telling Tresury ‘no you can’t have the other $350 billion’? Snowball in where?

By: TerryP

TerryP — Thu, 13 Nov 2008 15:15:58 +0000

Akston, that is the whole problem, the democratic way of doing things is built on a few people making decisions for everyone else. The republican way of doing things is becoming that way as well.

By: The Liberty Papers »Blog Archive » Credit Crisis News — Pay Attention This Weekend

Thu, 13 Nov 2008 07:25:19 +0000

[...] Akston: Wasn’t it more like $850 billion? Or are we not counting the graft pork incentives? And yep, these are… [...]

By: Akston

Akston — Wed, 12 Nov 2008 22:59:38 +0000

Wasn't it more like $850 billion? Or are we not counting the ~~graft~~ ~~pork~~ incentives? And yep, these are not omniscient gods striding the Earth with benevolent will and fairy dust. They are just other people, some smarter, some not. As smart as they could possibly be, they are not 300 million times smarter than you or me. Only the market is that "smart". Anything that one Economy Czar can dream up cannot possibly respond to an economy of America's size interacting with 6 billion other people around the world. To invest that much power in a single person is not only absurd on the face of it, but patently unconstitutional. The Soviets collapsed trying to implement this kind of absurdity.

By: Brad Warbiany

Brad Warbiany — Wed, 12 Nov 2008 21:00:37 +0000

Thanks, Thomas... There are many things to enjoy about California, like the climate, the scenery, etc. The government, on the other hand, has derailed. Hopefully states like Alabama can learn from our example and not follow the same path. Now, you do need to start working on your state's beer laws. You need to free the hops!

By: thomasblair

thomasblair — Wed, 12 Nov 2008 20:10:13 +0000

You all have had some really good content lately. The stuff about California politics has been enlightening, especially to me over here in Alabama.

By: Brad Warbiany

Brad Warbiany — Wed, 12 Nov 2008 18:42:38 +0000

Mark,

Really? From 1936-1940, still mired in the Great Depression (and still cold and hungry), FDR was getting 52-64% approval ratings…

By: Mark

Mark — Wed, 12 Nov 2008 18:25:51 +0000

>> Just when will the world realize that the emporer has no clothes?

When the majority of us are cold and hungry…