The story is told of a man with four daughters who one Friday night all went out on dates with different guys, with the codicil that they return his daughters by midnight. At 10:45, the first daughter returns home, and the father welcomes her back. She tells him she's tired, so she'll tell him about it in the morning after a nice sleep. Fine, fine. At 11:20, the second daughter returns, followed by a similar exchange. Just as the deadline is about to expire, at 11:58, the third daughter walks in and greets her parents who themselves are tired that they are disinclined to talk about the date until morning, so the third daughter goes up to bed. The father locks the front door, turns off the porch light and heads upstairs to bed. His wife asks what he's doing, and he turns and asks her, "What's wrong? Three out of four is not bad."
Our politicians would have us believe that the ideas they promulgate are "not bad" or that to quote Senator John Ensign (R-NV) "to do nothing would be worse than doing the wrong thing". Ludwig von Mises, Austrian economist, would argue that in that attitude they "want to be free from the law of the market". He asserts that there is no means in the market of acquiring wealth and preserving it than successful service to the consumers. As consumers of government, are we really satisfied carrying the burdens of past failed policies?
After a litany of empty promises, Obama should listen to von Mises who says:
If you bought a chess set and got 3/4 of the pieces, would you consider that a good deal? Heck no, you'd head right back to the store for a refund. Demand more of your government. They are the only part of society that believes it can continue to operate without responding to the consumers.
Our politicians would have us believe that the ideas they promulgate are "not bad" or that to quote Senator John Ensign (R-NV) "to do nothing would be worse than doing the wrong thing". Ludwig von Mises, Austrian economist, would argue that in that attitude they "want to be free from the law of the market". He asserts that there is no means in the market of acquiring wealth and preserving it than successful service to the consumers. As consumers of government, are we really satisfied carrying the burdens of past failed policies?
After a litany of empty promises, Obama should listen to von Mises who says:
What an arrogant presumption to borrow and to lend money for ever and ever, to make contracts for eternity, to stipulate for all times to come!Making a bad decision for right reasons is still a bad decision. Making a good decision for the wrong reasons is still a bad decision.
If you bought a chess set and got 3/4 of the pieces, would you consider that a good deal? Heck no, you'd head right back to the store for a refund. Demand more of your government. They are the only part of society that believes it can continue to operate without responding to the consumers.
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