In response to:

Greed

Hunrodr Wrote: Oct 24, 2012 5:50 AM
the liberals of today don't stand for what real liberals stand for. they are being defined incorrectly, they are progressives.
Jay Wye Wrote: Oct 24, 2012 8:25 PM
the Communists of the USSR called themselves "progressives",the communists of Red China call themselves "progressives",communists of Central and South America call themselves "progressives".Communists worldwide call themselves "progressives".
So,"progressive" DOES equal socialist/communist.
socialism is the first,necessary step to communism.
But people make too much about minor differences in definitions,when essentially and practically speaking,socialism IS communism.
Tacitus X Wrote: Oct 24, 2012 6:35 AM
Why? They're not for "progress" either. They are progressive only in the sense that cancer is a progressive disease. Best to call them leftists or statists.
On TV, my Fox colleague Bill O'Reilly says, "The recession was brought on largely by greedy Wall Street corporations."

Give me a break.

Bill's smart. If he believes such things, we who care about freedom have done a poor job communicating economics.

Blaming problems on "greed" is a mindless cliche.

Yes, Wall Street was greedy -- but that's nothing new. Greed is a constant. Did you ever turn down a raise? We need a free market because it restrains greed. Laws against theft and fraud help, but competition does more. With this election approaching, and statist, eager-to-regulate candidates in ascent, we...