The Discerning Texan

All that is necessary for evil to triumph, is for good men to do nothing.
-- Edmund Burke
Monday, April 13, 2009

How the Left plans to Consolidate Power

One of the more disturbing passages I have read in some time; in particular because the words therein ring so very true (via Glenn Reynolds):
JONATHAN MACEY: “To socialize the American economy, it is not necessary to nationalize every business in the United States. All it requires is to put the corporations that control the finances of all of the companies in the economy under government control. And that is what is happening now. . . . Apparently, members of Congress liked the special treatment that Connecticut Sen. Chris Dodd received in getting his mortgage through Countrywide. We’re going to see even more of that kind of thing — and outright corruption on a much bigger scale — when the government is in direct control of the financial institutions and making the credit decisions that businesses large and small depend on to survive.”
Read the whole thing.
DiscerningTexan, 4/13/2009 11:19:00 PM |