Friday, February 20, 2009

Rick Santelli's Shout Heard 'Round the World

Rick Santelli may be highly frustrated at the moment, (SEE VIDEO) but his concern may be quite valid.

As he said on CNBC from the floor of the Chicago exchange in response to the rapidly growing we'll-bail-out-anyone tidal wave "Cuba used to have mansions and a relatively decent economy. They moved from the individual to the collective. Now they're driving '54 Chevys -- maybe the last great car to come out of Detroit!"

Remember the quote that's often mis-attributed to Thomas Jefferson but actually came from Gerald Ford in 1974 (a another troublesome economic period in our history) “A government big enough to give you everything you want, is strong enough to take everything you have."

Will our big and growing government end up taking everything we have?

Today's parallels to Ayn Rand's book "Atlas Shrugged" are both amazing and a bit scary.

###

No comments:

Post a Comment