Saturday, March 21, 2009

Smart? Stupid? Diabolical?



The thought popped into my head when the AIG bonuses first came to light: Could the government have approved the bonuses in order to gin up hatred and class envy? It seems a little far fetched, and paranoid, really. But now I see on Drudge:

Obama will call for increased oversight of 'executive pay at all banks, Wall Street firms and possibly other companies' as part of sweeping plan to 'overhaul financial regulation', NY TIMES reporting Sunday, newsroom sources tell DRUDGE... Developing...

"Other companies" too? Not, by the way, that I think the government should have a role in regulating anyone's compensation. But what "other companies" might that be? Just wherever the government has determined that someone is getting paid too much? Is this now America, where if you apply yourself, and work hard, you can grow-up to be anything you want -- within the parameters of what the government will allow?

Anyway, looking for a quote I'd lost track of, I just googled: "government control of the economy is"

first three:
  • "government control of the economy is, in fact, wasteful of resources and unable to respond effectively to change."
  • "government control of the economy is incompatible with freedom and participation. [B] socialism and freedom can be combined in theory but not in ..."
  • "Government control of the economy is what got us into this mess and having more control of the economy is just going to make things worse. ..."

OK, you could expect those. But even better are the suggestions at the bottom of the page:

karl marx economy
the great depression economy
soviet union economy
minimum wage economy

And I don't have to say, do I, that "government control of the economy is" -- socialism?


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