"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
Government is the Engine for Perverse Incentives
Submitted by Westernerd on Thu, 2012-07-12 03:00
"Who in their right mind at the individual level would overspend, always seek a higher credit line, reduced payments and insist that the risks be socialized to their neighbors but all profits be granted to them? No normal human could achieve this yet that is what the state does with their fiscal house."
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