Under socialism, the government takes into its hands the means of production, assuming ownership of capital assets. This control has within it a great capacity for mischief, in the likelihood of distorting the disposition of the Nation's productive assets to diseconomical ends.Silly, but true.Under the George W. Bush Excellent Privatization Plan for Social Security, the Government borrows money and purchases capital assets on your behalf, selecting how much of each asset you will buy, dictating the process whereby your portfolio is transformed from equities to bonds to an annuity, charging you a stiff interest cost for the purchase, gutting what remains of your public pension, and guaranteeing you a feeding tube until the Lord calls you home. This is far superior to socialism, since you will be unconscious during the entire process.
18 April 2005
Today's quote
From Maxspeak, a whimsical explication of Bush administration policy.
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