Fifty-year-old Daniel Ricketts was killed on Saturday after drunkenly driving his ATV into a piano wire trap that he had set up to protect his marijuana plants in rural Upstate New York.
Decades of government intervention into economic activity have produced economic distortions, sluggish growth, an unsupportable debt burden, and a rotten financial structure ready to collapse of its own dead weight. In spite of that record, most Europeans want more government. That’s their choice. Like it or not, sooner or later, we reap what we sow.
Anyone wondering why the recovery went nowhere and will go nowhere need only look at who was advising president Obama and who has his ear now (Christina Romer and Tim Geithner, respectively).
Of the convoluted, often silly, raft of demands, communiques, and babbling out of the Occupy Wall Street public relations campaign, perhaps no intellectual conflict is more intriguing than the central thrust against bankers’ profiting greatly through complicated financial instruments.