Sunday, May 17, 2009

Food Fascism

I love David Boaz's apt usage of the term "food fascism" in his post over at CATO regarding President Obama's selection of Thomas Friedman to lead the CDC.

I wonder how many supporters of socialized health care have fully thought through to the logical consequences. It reminds me of that phrase we likely all heard as teenagers: "If you live under my roof, you live by my rules." When we live under the government's roof of health care, how can we complain about all the new rules-of-the-house that will come with it? Of course, most want the best of both worlds: they want to live the lifestyle of their choosing, but want the government to pay for any ill consequences of those choices. That's likely what we'll end up with, at least for a while. When the unsustainability, economically speaking, of such a plan finally catches up with us, what then?


Monday, May 4, 2009

"Capitalism Still Has Legs"

Caroline Baum over at Bloomberg explores what Milton Friedman would say about the current financial crisis as it relates to capitalism. I believe it generally makes the same point as I made in my last post, but managed to avoid the word "socialism". The point that the federal government and the Federal Reserve failed to wisely manage the banking system is consistent with my post, though.