I mean, wasn’t the credit mess nothing more than an act of wealth redistribution? Banks were encouraged to give loans to high-risk folks to buy homes they couldn’t afford. It’s a free lunch that, in the end, we’re all now paying for.
And this is what happens when you decide to rearrange a pie instead of growing it. What you get is sticky fingers, instead of a full stomach.
Musings from the Sunday School Teacher, Math Teacher, and Republican who now lives in upstate South Carolina. Psalm 19:14 should be the bloggers' verse: "Let the words of my mouth, and the meditation of my heart, be acceptable in thy sight, O Lord, my strength, and my redeemer."
Wednesday, October 29, 2008
Quote of the Day
This nugget comes from The Fox Forum and was authored by Greg Gutfeld. The entire article was good, but this piece near the end deals nicely with the "redistribution" issue:
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