Thursday, March 26, 2009

"Get-Tough" Powers

So Tim Geithner, the most unqualified moron in government office since...well, since Obama himself...wants Congress to give him "get-tough" regulatory power so he can manage businesses that are Too Big To Fail.

For the sake of argument, I'll ignore the fact that Congress can't legally give him a power that they don't legally have themselves. Undoubtedly Congress will ignore that fact, too, so it's alright.

Isn't that what caused most of the crisis in the first place? It's hardly the failure of the free market when government orders banks to make between 35 and 56 percent of their loans to people who can't afford loans. This is EXACTLY what Ayn Rand was talking about: regulation can trip businesses, giving the government the excuse to say the free market has failed and take greater control.


  1. Right on. Now, let's take the Constitution and the country back.
    Shy III

  2. Will it ever stop? Come on people, WAKE UP!!!!

    Beyond AIG: A Bill to let Big Government Set Your Salary