Our foolish faith in Government
We are living in a very unusual time in our nation, a time where it appears that our people have become a bit too comfortable with the overt intervention of our national Government in the free market. This marketplace should be free to succeed and free to fail thus assuring success through a healthy dose of creative destruction. The reliance on this intrusion is likely to have its roots with the public thinking that capitalism has failed and nothing could be further from the truth. What has failed is our appetite to tolerate the pain associated with a correction that is necessary, however painful it may be. The public appears to have the belief that Government involvement will somehow alleviate the downside agony of this process. How this could be possible is a mystery to me because the Government never [Read the rest of this entry...]

