In response to:

Given Their Lousy Record, Why Should the Fed Accumulate More Power?

Whoknows Wrote: Feb 07, 2013 5:49 AM
No Barney Frank and other idiots caused the problem. When Bush wanted to rein in the housing loan market he was shot down. Dems controlled the house then!!!
dtaylor944 Wrote: Feb 08, 2013 1:59 PM
When Bush the elder said read my lips he meant it then he made the deal to raise taxes and the senate and house would cut spending. They didn't.
Not bush's war, John Kerry voted for it before he voted against it. Others also voted for it. Obamas wars are his entirely.
traitorbill Wrote: Feb 07, 2013 10:10 AM
You're right. Just Read Reckless Endangerment.

When speaking about the difference between the private sector and the government, I sometimes emphasize that mistakes and errors are inevitable, and that the propensity to screw up may be just as prevalent in the private sector as it is in the public sector.

I actually think the government is more likely to screw up, for reasons outlined here, here, and here, but let’s bend over backwards to be fair and assume similar levels of mistakes.

The key difference between capitalism...