Quotes

"Fascism and communism both promise "social welfare," "social justice," and "fairness" to justify authoritarian means and extensive arbitrary and discretionary governmental powers." - F. A. Hayek"

"Life is a Bungling process and in no way educational." in James M. Cain

Jean Giraudoux who first said, “Only the mediocre are always at their best.”

If you have ten thousand regulations, you destroy all respect for the law. Sir Winston Churchill

"summum ius summa iniuria" ("More laws, more injustice.") Cicero

As Christopher Hitchens once put it, “The essence of tyranny is not iron law; it is capricious law.”

"Government’s view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it." Ronald Reagan

"Law is where you buy it." Raymond Chandler

"Why did God make so many damn fools and Democrats?" Clarence Day

"If I feel like feeding squirrels to the nuts, this is the place for it." - Cluny Brown

"Oh, pshaw! When yu' can't have what you choose, yu' just choose what you have." Owen Wister "The Virginian"

Oscar Wilde said about the death scene in Little Nell, you would have to have a heart of stone not to laugh.

Thomas More's definition of government as "a conspiracy of rich men procuring their own commodities under the name and title of a commonwealth.” ~ Winston S. Churchill, A History of the English Speaking Peoples

“Laws are like cobwebs, which may catch small flies, but let wasps and hornets break through.” ~ Jonathon Swift

Sunday, January 27, 2013

What federal subsidies and takeovers have ever improved the prosperity or quality of life for most American citizens?

FAIL
"Government work" and "government worker " are oxymorons! m/r

Do Government-Run Companies Work?
by BURT Folsom on JANUARY 24, 2013


What examples from U.S. history support the transfer of funds and power from private to government control? In other words, do we have historical precedents for successful government subsidies to private companies? Also, do businesses owned by the federal government perform well?
Let’s review some historical examples. President George Washington experimented with government control when he supported passage of a law to set up a federally funded fur company for the Northwest Territory. President Washington thought this government-run company would help to prevent the British from encroaching on U.S. land, because agents of the British-owned Hudson Bay Company bought furs from the Indians in the Northwest.
Unfortunately, Indians and trappers alike despised the inefficient American company, but John Jacob Astor became a part of the solution. As a new resident of the United States, Astor founded his own private company and successfully bought furs from the Indians, making a fortune in the process. Under President Monroe, the U.S. finally disbanded the nearly bankrupt government company, sold its assets, and allowed the more competent private U.S. companies to do all the nation’s fur trading.
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