Milton Friedman - Do-Gooders And Special Interest

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[Panpiper]

"Too much government intervention..." And that is 36 years ago. We have a LOT more government now.

[Zimnyification]

<3

[fzqlcs]

@jepkratz It would be fascinating to see them contort and twist straightforward language before our eyes. It would help the public see these scoundrels for who they really are. I think politicians realize this and such is at the foundation of their fear of EPA. Politicians should have their feet held to the fire on this issue. It is at the root of our nation's problems. It should be the cutting edge issue of the 2012 election.

[jepkratz]

@fzqlcs Thank you. The Enumerated Powers Act was not on my radar. Ok, is it enough were it to be fully enacted? Wouldn't loose constructionists just cite whatever clause they feel appropriate? The problem being that they merely continue with loose constructionism - business as usual. It is interesting though to see the long term resistance of politicians to justify their legislation's constitutionality by simple clause citation.

[fzqlcs]

@jepkratz I think our only answer is for the people to insist elected officials agree to adopt The Enumerated Powers Act or be banished from office.

[jepkratz]

@fzqlcs It is the very fact that the 9th and 10th amendments are not being respected that some measure (I proposed a new, hopefully clarifying and enforceable amendment) is required to change the current procedures and processes of govt and bring it into compliance. I understand that if the existing are not respected, what difference would a new amendment make, but if we can not bring govt to heel and conform to the will of the people as expressed in the constitution, we are already lost.

[flynn2008]

@bigfatgoider

:)

[bigfatgoider]

@flynn2008 I decided to check out some of Tom Woods Speeches on youtube. Thanks for the recommendation. Tom Woods shows great potential as the next generation of free market thinkers.

[Mezey5]

@TheLegalImmigrant05 Wouldn't say he was a big fan of central banking, more like he was skeptical of other types of monetary policy and his question was what was the best system, not the perfect system.

[666sigma]

Capitalism is not the problem.

The problem is leverage. Leverage is the lack of capital. Allowing people or businesses (Wall Street) to use excessive leverage is the problem. Forcing the public to pay for bad bets made using leverage is the problem. Not penalizing those making fraudulent transactions to take advantage of dumb government policies and regulations is wrong.

We need to take the "money" out of government, which is the opposite of what Obama and OWS crowd want.

[666sigma]

@scienceatheism

FDR saved us from capitalism? The hallmark of a free economy is trade. Trade allows people to specialize and collaborate. This creates efficiencies.

Who is going to save us from FDR? Social Security is a Ponzi scheme. All of our social welfare programs are unfunded. The government has promised far more than the private sector can deliver, especially since it is pay as you go. Obama is the poster child for this problem because he spends now and assumes payment later.