Search This Blog

Friday, 23 October 2009

The Banks 'On Welfare'

Anyone interested in the rational view of American social issues should follow Star Parker in her syndicated columns and via her CURE organisation.
It provides regular blogspots and access to a very significant corpus of work.
Her key perception that the US banking system has - in effect - been put on welfare [alongside the growing cohort of those who have been made unemployed by the banks' past actions] gives a useful perspective to the rapidly advancing statism that has captured both the USA and the UK.
This cannot be seen as a party political issue, as what the Bush administration began the Obama administration has carried forward [though the latter has pursued quasi-nationalisation with much more enthusiasm].
The bovine acceptance of dependency by both individuals and institutions is the antithesis of enterprise; and marks a major phase in the decline of the west.

No comments:

Post a Comment