Thursday, September 25, 2008

But WWMFD?

Terrifying:

A truly Keynesian rescue plan should do more than bail out foolish investors. How might the pieces fit into a larger design? Well, if the taxpayers are going to acquire a stake in the nation's largest insurance company, perhaps that company can be the cornerstone of a new system of universal private health coverage. If the taxpayers are going to acquire $700 billion in real estate assets, perhaps the eventual profits can fund new investments in infrastructure or energy technology.

That's from David Ignatus at the Washington Post today. Thanks to Don Boudreaux for pointing it out.

Maybe the new Harrison Bergeron film adaptation will open a few eyes to what's at the bottom of this slippery slope...

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