"Most people are in arrested development and cannot use logic." Jacob.
"Competition and capitalism are hated to-day because of their tendency to destroy poverty and privilege." William Hutt
"America is unique in that our economy is totally dependent on global charity." Peter Schiff

Wednesday, August 10, 2011

Good article over at Reuters

Why is the West bankrupt?

He totally gets it right.  I was amazed to see an article I would be proud to have written myself published at Reuters.

Most of the comments are the usual idiocy, but Independent007 writes a long, relevant, essay that claims it is free govt gifts to the rich that has bankrupted us, along with the wars, not the free govt gifts to the poor as the author claims.

I think they are both right, that either cause is more than enough to bankrupt the West.