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“Democracy is the road to socialism.” Karl Marx

February 9, 2009

Drudge Headline Vindicates Libertarian Arguments

by Stephen Gordon

Since the term has been in existence, libertarians have railed against our federal monetary policy, bloated federal budgets and deficit spending. Today’s headline from the Drudge Report illustrates what we’ve been arguing for years. Here’s a re-creation scaled for this site:

'Enough to pay off more than 90% of the nation's home mortgages'...

TAXPAYERS RISK $9.7 TRILLION ON BAILOUTS AS SENATE VOTES

The Monopoly money says it all…

Permalink || Comments (1) || Categories: Government Waste

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1 Comment

[...] Cash isn’t even worth as much as the paper it’s printed upon. [...]
Pingback by Wormhole Politics » Blog Archive » An Economic Crisis Story from the Year 2029 — February 9, 2009 @ 12:05 pm

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February 9, 2009

Drudge Headline Vindicates Libertarian Arguments

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