tag:blogger.com,1999:blog-6042078006668554033.post4930853434624972293..comments2023-05-27T05:14:43.096-04:00Comments on Freedom Choice Cost: The hazard of moral hazardDean Kalaharhttp://www.blogger.com/profile/05840290107017110306noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-6042078006668554033.post-47223793916179033862009-09-12T01:30:41.095-04:002009-09-12T01:30:41.095-04:00The officials in charge cannot admit any fault, Mr...The officials in charge cannot admit any fault, Mr. Kalahar, for then the entire liberal notion of elite, central planning and "social justice" dissolves. If we happen to discover that they are also human and prone to human fallibility (God forbid), the whole socialist philosophy shatters.<br /><br />It is a sad state of affairs when bureaucrats can not afford to admit fault for doing so would jeopardize the whole institution they are entrenched in.Mattheushttps://www.blogger.com/profile/08674252371229523297noreply@blogger.comtag:blogger.com,1999:blog-6042078006668554033.post-25494724094036484742009-09-09T14:51:18.872-04:002009-09-09T14:51:18.872-04:00This was a keen look into the destructive nature o...This was a keen look into the destructive nature of regulation. It seems that the more government involvement in any enterprise, the bigger the whole we dig as a nation.<br /><br />The founders understood this well, sadly, the current elites are so caught up in their own self inflated sense of superiority, that they are incapable of recognizing their own stupidity.Dean Kalaharhttps://www.blogger.com/profile/05840290107017110306noreply@blogger.comtag:blogger.com,1999:blog-6042078006668554033.post-70400788222695917292009-09-08T23:34:10.026-04:002009-09-08T23:34:10.026-04:00I've recently come to the same conclusion rega...I've recently come to the same conclusion regarding FDIC. Many people view it as a safeguard to prevent runs on banks, the truth, however, is that it takes some of the risk burden off banks and places it on taxpayers (when the government must reimburse the banks for failed loans).Mattheushttps://www.blogger.com/profile/08674252371229523297noreply@blogger.com