Wednesday, March 11, 2009
Reliance on government
Despite government's track record, liberal,socialists and communists consistently argue for greater governmental control of institutions and people. A case in point: SEC regulators have been criticized for failing to stop Madoff from ripping off investors for $50 million. Liberals argue that could have been prevented by more regulation. But regulations and regulators will never be perfect. Often regulators are careless, lazy and unmotivated -- like the people you see at the DMV, the Post Office and Social Security offices. Or, the regulators at SEC.
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