By doubting we come at truth.

- Marcus Tullius Cicero


Is that the answer? The founding fathers knew that on occasion government has to be overthrown and the current members of congress in association with the president are spending like drunken sailors:

The House of Representatives on Wednesday approved a $25bn package of low-cost loans to help hard-pressed carmakers and their suppliers finance plant modernisation at a time of restricted access to public capital ­markets.

The automotive loans are separate from the proposed $700bn bail-out for the banking sector, which is still being debated in Congress. The House approved the measure 370-58, setting the stage for Senate approval within days.

Is there no end to the abuse we will take at the hands of these corrupt politicians? It there anyone in Washington that even knows how the free-market is supposed to work? Or is it just a continued accumulation and centralization of power? Apparently, the answer is obvious...

posted at 22:55:30 on 09/24/08 by clearpolitics - Category: Economics - [Permalink]

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