In this present crisis, government is not the solution to our problem; government is the problem. From time to time we've been tempted to believe that society has become too complex to be managed by self-rule, that government by an elite group is superior to government for, by, and of the people.
Ronald Reagan January 20, 1981.
If this is not exactly what is happening now in Washington I must be crazy. The same people who caused the housing bubble and the following financial crisis are now going to bail us out of the mess. Even the Washington Post is now admitting that Congress, with the complicity of the Clinton adminstration, encouraged lenders to make unwise loans in furtherance of what they call the worthy cause of home ownership. The bubble burst and the whole house of cards came tumbling down. My fear is that in our haste to dig out of the rubble of this disaster our leaders will take us down the road to socialism. As Winston Churchill once said: " The inherent vice of capitalism is the unequal sharing of blessings. The inherent virtue of socalism is the equal sharing of miseries."
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