April 3, 2012
Though it’s almost 2 years old, I’m just now getting around to reading David Limbaugh‘s Crimes Against Liberty. I was already aware of most of the crimes Limbaugh outlines, yet it is still a sobering reminder to hear (I’m listening to the audio book version) the cataloged in succession in painful detail.
This morning, as I listened to Chapter 9 in Part II, I was struck by a quote from Senator Chris Dodd (D-CT) in defense of his plan to put the financial industry under the thumb of the federal government, aka financial “reform” (hint: any time a liberal uses “reform” in conjunction with another word, it should be understood that this means “socialization,” e.g. “financial socialization,” “health care socialization,” etc.).
From the Congressional Record:
If a Wall Street firm does become too large or too complex and poses a grave threat to our financial stability, the Federal Reserve has the power to restrict its risky activities, restrict its growth, and even to break up those institutions.
Being the American patriot that I am, right on the heels of the frightening implications such an arrogant and malevolent attitude has for our limited-government free republic, another thought occurred to me: How much more could (and SHOULD) such a statement apply not to a private business, but to the government itself.
To read more click: Quote of the Day: Dealing With Grave Threats
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