Wednesday, June 24, 2009

Have YOU ever herded cats, or nailed jello to a tree?

BarryO is going to corral the unwieldy, unworkable, uncontrollable financial system. Do I need a bomb shelter for this?

John Stossel gives his take on the "sweeping overhaul of the financial regulatory system," which was announced recently by BarryO. Oh. Boy. If those words don't scare the living Hell out of you, you don't have any nerves left.

A couple of quotes from the column:


"...
when regulators set out to redesign an economy, they display not wisdom but a "pretense of knowledge."

"The decentralized, competitive market full of free people is hands-down preferable to a centralized body of clueless bureaucrats who can hold a gun to our heads."

I have a very uncomfortable feeling in the pit of my gut.

Again.

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