"Government has no capability to manage production or business."

That's way they are in Congress... they already failed in the business
world. Now, they are going to dictate how companies are going to operate?

Now I know what my music teacher in sixth grade meant by the "blind leading
the blind"

-----Original Message-----
From: Gruss Gott [mailto:[email protected]] 
Sent: Friday, December 19, 2008 10:09 AM
To: cf-community
Subject: Re: Bailout official

> RoMunn wrote:
>> And this will happen because, frankly, at the end of the day 98% of
>> Americans are idiots.
>
> Nice.
>

Good tangent-man segue to the MN Senate vote thread: the problem with
the MN votes is that idiots are voting.  Seriously.  Look at the
ballots.

Privilege is owed, but doesn't mandate, responsibility.

It seems many in our country have forgotten that.  Which is a top
reason, but far from the only reason, they're idiots.

> Their model, in case you hadn't noticed, is not doing any better than
ours,

I didn't say Europe, nor the US Democrat party.  I said the European
social democrat tradition which has not, to my knowledge, been
executed anywhere.

In my view it would be adapted and encapsulate this concept:

(1.) Government has no capability to manage production or business.

(2.) Government has a capability to regulate markets by managing
exposure risk through anti-trust which should guarantee that (a.) no
company has a monopoly, and (b.) no company is large enough the
failure of which would impact an economy.  Not this WAS NOT DONE with
AIG for example.  Or the Auto industry.

(3.) Government has a capability to be an advocate for the consumer,
the primary duty of which should be to ensure financial security.



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