Wednesday, June 3, 2009

Libertarians proven right, yet again...

...not that anyone will notice.

In case you haven't heard yet, GM has gone bankrupt, as has Chrysler. Remember back when the idiotic sheep demanded that we "do something?" Turns out they were completely dead wrong about everything. What a shocker...not.

Billions of dollars that could have been saved or spent to create genuine jobs have been flushed down the toilet.

But I'm sure the "investments" in the "stimulus" package will be far more wise and successful, right? That's why nobody was willing to lend their money or support to any of them without state coercion.


Will statists and statist economists ever apologize for how wrong they constantly are? Or do they secretly enjoy destroying the country?


SE said...

To the statist, destroying the economy is irrelevant. It's all about gaining more and more power for the state, and if the economy takes a hit, so be it, as long the end result will be more control over business, society and our everyday lives.

Cork said...

There was a time when I would have responded:

"SE, that's absurd. Statists have good intentions, they just choose the wrong means."

When I read that back to myself now, I just laugh. Statists obviously do not have good intentions. If they did, history would not be the gruesome collection of horrors that it is.

So you're right: power, control, and centralization of authority is their end goal. It has to be, because no sane person can possibly believe in the government to "run" the economy.