Wednesday, March 18, 2009

The Wisdom of Thomas Sowell and Walter E. Williams...

Reagrding Obama's plans, Sowell writes, "Socialism in general has a record of failure so blatant that only an intellectual could ignore or evade it. ... It is amazing that people who think we cannot afford to pay for doctors, hospitals, and medication somehow think that we can afford to pay for doctors, hospitals, medication and a government bureaucracy to administer it. ... The first lesson of economics is scarcity: there is never enough of anything to fully satisfy all of those who want it. The first lesson of politics is to disregard the first lesson of economics. ... The welfare state is not really about the welfare of the masses. It is about the egos of the elites."

Walter Williams is even more to the point: "Two-thirds of the federal budget consists of taking property from one American and giving it to another. Were a private person to do the same thing, we'd call it theft. When government does it, we euphemistically call it income redistribution, but that's exactly what thieves do -- redistribute income. Income redistribution not only betrays the founders' vision, it's a sin in the eyes of God. ... No human should be coerced by the state to bear the medical expense, or any other expense, for his fellow man. In other words, the forcible use of one person to serve the purposes of another is morally offensive. ... One of the wonderful things about free markets is that the path to greater wealth comes not from looting, plundering and enslaving one's fellow man, as it has throughout most of human history, but by serving and pleasing him."

Again, I thank Mark Alexander of the Patriot Post for pointing me to these quotes.

I cannot agree more with these two fine gentlemen of acedamia... Well said Gentlemen, Bravo....

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