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Posts Tagged ‘post-Lehman world’

When Is ‘Uncle Sam’ Moving Out of the House?

Posted by Larry Doyle on April 12th, 2012 7:14 AM |

“The mind, once expanded to the dimensions of larger ideas, never returns to its original size.”  Oliver Wendell Holmes, Sr.

Uncle Sam and his friends in officialdom around the world may believe their ideas are of larger size and greater dimension. That point is open to debate. How do the old man’s ideas mesh with the principles of freedom and liberty?

Uncle Sam and his ‘friends’ make for very strange bedfellows . . . and  lousy business partners. I cautioned people on this front a few years back.

The sanctity of contracts? Fuhgeddaboutit. The primacy of market based principles? How inconvenient! Protecting private capital? Why bother?  (more…)






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