Posts Tagged ‘Conservatism’

If Peanuts’ Lucy Van Pelt is a liberal wacko nutjob, then Charlie Brown’s little sis Sally must be a Sean-Hannity-listening, government-bashing, ultra-paranoid (and probably gun-toting) member of the Tea Party movement:

Previously:
Lucy Van Pelt, Liberal

President Bush (and yes, he’s still the president for two more months!) has come to the defense of free-market capitalism, rejecting calls from other nations for extreme regulation of financial markets:

“Government intervention is not a cure-all,” Bush was to say in New York, according to prepared remarks released in advance by the White House. …

“The crisis was not a failure of the free market system,” Bush said. “And the answer is not to try to reinvent that system.” …

“History has shown that the greater threat to economic prosperity is not too little government involvement in the market but too much,” Bush said. “It would a terrible mistake to allow a few months of crisis to undermine 60 years of success.”

I couldn’t agree more. In fact, I made a similar point, although not as explicitly, a few weeks ago:

Yes, tighter regulation of U.S. financial markets is necessary, especially in the short term. But the government is not the best decider of supply and demand; just ask the Soviet Union. So in that regard, we need to give the market plenty of room to sort itself out.

Twitter

Flickr

39 years ago and 300 miles awayOpen, EatAmerican horseA boy and his dinosaurGood adviceThe greatest of the Harmonicats albumsExcuse me, do you have Prince Albert in a can?You could smell the cinnamon rolls from across town.Beer 5 TicketsYe Kendall Inn