Democrats Barack Obama: Economic Crisis
I had been wondering why no one in the Mainstream Media had connected these particular dots. Anyone with a basic knowledge of econ 101 can see the pattern of cause and effect.
I hope this political ad gets enough attention to influence the political mechanizations meant to correct this.
I have not heard of even a single politician talking about abolishing Fanny and Freddie, or repealing the Carter and Clinton era interventionism that led to this. Glad someone is talking about it.
Living in a capitalist society without knowing how capitalism works, which buttons are connected to which parts of the mechanism, and what they do when pushed, is like owning a car and not knowing what the pedals do. If someone tells you the brake is the gas pedal, you’re going to run into a tree.
About John C Wright
John C. Wright is a practicing philosopher, a retired attorney, newspaperman, and newspaper editor, and a published author of science fiction. Once a Houyhnhnm, he was expelled from the august ranks of purely rational beings when he fell in love; but retains an honorary title.
