Thread: Is Bigger Government Better
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Unread 3 Aug 2009, 19:02   #36
Yahwe
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Re: Is Bigger Government Better
Quote:
Originally Posted by Tactitus View Post
How did financial markets work before governments started bailing them out?

Markets, financial or otherwise, have the ability to sort themselves out. By definition, that's what a market does. Prices rise or fall, and eventually the market clears. Of course, when you leave it up to the market, sometimes powerful interests can get hurt. Sometimes, these interests take their case to the government, along with fantastic claims why they should be exempted from the effects of their respective markets (through bailouts or other special legislation). That they should make these claims is not very surprising; that these claims should be believed, is.
Another gem.

"powerful interests" ...

"fantastic claims" ...

"the boogie man will eat your children if you don't vote extreme right wing" ...

Do you convince anyone?
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