juxtablog

At the simplest, most ecumenical level, to be on the left means to take the side of the underdog, whoever that may be: the meek, the poor and, generally speaking, the ‘least among us,’ as a well-known representative of the left position put it a couple of millenniums ago.”

t r u t h o u t | A Media Parable for “the Center”

We’ve seen over almost eight years George Bush’s hostility towards free markets. First, with the USA PATRIOT Act, he increased financial regulation. Second, he nationalized airport security. Sure the Democrats wanted it and he didn’t, but that didn’t stop him from going along. Then he nationalized prescription drugs for seniors. Then, of course, the bailout–a huge dose of central planning in financial markets. George Bush put a huge amount of power in the hands of one man, Hank Paulsen, who has what Friedrich Hayek called “the fatat conceit,” the conceit that he could plan people’s financial lives with their money better than they can plan with their own money.

Devil Says “Sin Less”, David Henderson | EconLog | Library of Economics and Liberty