More on this from Larry Kudlow today:
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Why does it seem to me that all Washington ever seems to talk about these days is bailouts? Bailout Freddie Mac. Bailout Fannie Mae. Bailout Wall Street. Bailout homeowners. Is it possible in America today that no one is allowed to fail?
You know, Phil Gramm was right. We are a nation of whiners. No one wants to believe that failure is an option anymore. Whatever happened to personal responsibility? Or learning from your mistakes? Or going through transformative difficulties that just might change your life and your behavior? But it seems like failure is off the board nowadays and that it’s government’s job to rescue everybody.
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And:
Quote:
Of course, the great thing about America is that you can fail many times, pick yourself up, keep on trying, and then succeed beyond your wildest dreams. But this whole process is being subverted by the political attitude that no one must ever be allowed to fail. I don’t like it. It’s socialism, isn’t it? Perhaps it’s big-government socialism. Or maybe it’s corporate socialism. Or maybe (with Fan and Fred) it’s Republican socialism.
No, I guess it’s really bipartisan socialism.
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Amen, brotha.
http://corner.nationalreview.com/pos...M4YmU2MDQ2ZTI=
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