Friday, February 6, 2009

A New Republican Fannie Mae?

Just amazing. This article just goes to show us that Republicans and Democrats have a lot in common. Regardless of political flavor, they don't seem to understand Economics 101.

It's the same old, same old. The wide-spread belief that somehow, someway, if we just get government involved, we can all have something for nothing. Shame on us if we believe that. We know better.

1 comment:

Ethan Lavallee said...

your right about intervention of government being wrong to a certain extent. but you said yourself in class that gov. serves a purpose have the "rules of the game" as i think you put it. voluntary exchange is efficient up to the point of the 'gun to head' example you gave us. Gov prevents some of that