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Government Plays Favorites

justemptypockets Wrote: Apr 10, 2013 9:06 AM
As always, John is a breath of sanity. Unfortunately, it hasn't yet become a large enough gale that blows out all the trash and dead wood. But there are gusts...
People say government must "help the little guy, promote equality, level the playing field."

People often go into government to do that. But even when people mean well, it's natural for them to help out their cronies.

David Stockman, who ran the Office of Management and Budget under Ronald Reagan, was criticized for saying the government's budget numbers didn't add up. But he was right.

Now, in his book "The Great Deformation," he says both major political parties failed ordinary Americans when the housing bubble burst, and they rushed to bail out cronies at big banks. Government continues to threaten our future by...