Statist Delusions: The bill for cradle-to-grave welfare has come due.

Submitted by Bill St. Clair on Thu, 15 Dec 2011 10:46:00 GMT  <== Politics ==> 

Mark Steyn at National Review - commentary on Obama's latest teleprompter reading in Kansas. [westernrifleshooters]

The entire Western world resembles the English parlor game “Pass the Parcel,” in which a gift wrapped in multiple layers of gaudy paper is passed around until the music stops and a lucky child removes the final wrapping from the shrunken gift to discover his small gift. Except that, in this case, underneath all the bulky layers, there is no there there: Broke nations are being bailed out by a broke transnational organization bankrolled by a broke superpower in order to save a broke currency. Good luck with that.

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In my most recent book, which makes an attractive and thoughtful Christmas gift for the apocalyptically minded loved one in your family, I quote an old joke about the British equivalent of the U.S. antitrust division: “Why is there only one Monopolies Commission?”

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