Linked by Flatland_Spider on Wed 24th Sep 2008 21:56 UTC
Reason Online, the online presence of libertarian political magazine Reason, is featuring a book review of Cory Doctorow's book, Little Brother. Little Brother re-imagines George Orwell's classic, dystopian novel, Nineteen Eighty-Four, as a modern cyberpunk thriller for a young adult audience.
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Member since:
2006-09-01
It's not so weird. The assumption that there was too little government assumes this was a market created problem. It's not; the government played a huge role in creating it.
In this instance, the politicians used the government to enable the banks to give out risky loans, which they mandated the banks do, rather then letting the market handle it. Simplification: the problem was caused by the government meddling in financial affairs.
The majority of people don't want the government bailing out companies. They would rather let them sink, so the perception of government meddling is very high. Also, the political atmosphere is very charged here. If the government started handed out free kittens, people would complain it was being irresponsible and moan about how much the kittens are costing us. Not to mention it isn't considering the cat problem down the road when the free kittens start breeding.
http://iusbvision.wordpress.com/2008/09/21/in-plain-english-how-did...
http://hotair.com/archives/2008/09/23/video-whos-responsible-for-th...