If you’ve read my past articles then you already know what I think of Ron Paul and the aggregate of wishful thinkers he’s acquired, but they are somewhat impervious to reality. Jonn Lilyea at “This aint Hell but you can See it From Here” covers their latest antics in pictures and film here.
You have to wonder if half of these people wouldn’t also show up if ANSWER or WCW were marching. There does seem to be quite a bit of Orange in the crowd.
Capitalism is the fairest system of commerce there is. It doesn’t care what color you are, what books you read, or what views you hold. If you offer something of value at reasonable price you will profit, if you invest in businesses worthy of trust you will profit. Not always overnight, not always this year, but over time solid investments pay off.
When that system is short circuited and there is no consequence for investing in business unworthy of trust then that fair system falters. President Bush is making exactly the right choice with the threat to veto the housing bill. We trust in banks to invest money in people worthy of trust; when they don’t then taxpayers should not pay for their bad business practices. That’s pretty simple.
This bill doesn’t help anyone who had their house foreclosed on, it helps the banks who shouldn’t have made that investment.
Tony Snow is a commentator and analyst who will be missed greatly. He was one of the sane people in the news business, never delving into vitriol and vinegar, but unafraid to ask the important questions. He was blessed with an optimism many in the beltway could use, and let us hope there are budding journalists out there who value Tony’s contribution and who will follow in the example he set.