The Eclectic One

…Because labels are a poor substitute for thinking

A gem from the masses

Posted by Bill Nance on September 26, 2008

I was perusing Jack Cafferty’s column this afternoon when i stumbled across this little gem in the comments:

The Great Depression proved that markets cannot correct themselves without great pain and suffering by the people and I thought we should have learned that if the taxpayer has to pay for the train wreck, then the taxpayer has paid for the right to monitor and regulate the railroad.

Ed Reed
Port Arkansas, TX

Well Said, Ed.


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