Your observation of democratic socialism and loopy thinking brings to mind UT Professors Galbrath's book that identifies
the problem as the market, which has not been honestly informing us, and replacing with it with gov't., resulting in the same, just rewarding different favorites. I'm sure the outcomes will not reward efficiencies or effort that actuates into meaningful growth. This will have an impact on social mobility to the negative for decades if not permanently. This may be an outcome that Prof. Galbraith prefers if he is of the same mind as his Stalinist antecedent.
Your argument for our Constitution makes for a candidacy of a Bob Barr type, though less dogmatic, in 2012 if Obama reinforces the statism that has bloomed under the guidance and acquiescence of the current Administration and Congress. Is it advisable for the incoming Administration to tweak, prod and reward individuals and companies to invest, save or focus effort on some demonstrably positive economic actions? The answer is yes if makes for efficiencies, stability, growth and rewards the efforts of those that do endeavor. This latest and possibly largest intervention by the gov't. in our economy was touted as a transitory not permanent. Let us pray that Prof. Galbraith and his fellow wise men do not have or get the ear of our new president for if they do all of the evils they have decried will surely be practiced by them once they control the pie.
David O. Farrell
TARP and ADD
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