Monday, November 21, 2011

Government Run

I am always interested in how it is that people think that someone else, in another place, sitting at a desk, with limited vision and little experience, can interrupt seriously efficient market forces to do better for these people than they can do for themselves. It is mysterious!

A couple of quotes in that regard:

"One of the things government can't do it run anything. The only things our government runs are the post office and the railroads, and both of them are bankrupt."

Lee Iacocca

"The market and its inescapable laws are supreme."

Ludwig von Mises (1881-1973)

And now government runs student loans, controls most mortgages, the banks, Medicare, Medicaid, your social "security," auto companies, etc., and wants to run health "care," in addition to other things, and thinks it can control/change/run the world's climate. Hmmmm....

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