Thanks to a Facebook post by Joshua Zader I became aware of the content of a recent speech by Sarah Palin. After reading the article I posted this.
I agree with Palin's points although the NYT writer is probably right. Many people won't consider her points because it's Palin who uttered them, not someone considered more "reputable" Eisenhower warned of the military-industrial complex but we're seeing a different threat: a government-crony business complex. We used to have just Fannie Mae and Freddie Mac as GSEs (Government Sponsored Enterprises). We saw how well that worked out. With the bailouts and other programs we have a growing collection of what amount to new GSEs which further isolates them from market competition (which should be driven by the wants and needs of individuals). As Ayn Rand said the political spectrum should be collectivism versus individualism not socialism versus fascism which are just two forms of collectivism. Today we have a political spectrum where the ends of the traditional political band have twisted, like a perverted Mobius strip, to join in an unholy alliance of government/business corporatism. The individual (and small business entrepreneurs) are left in the middle so to speak. Meanwhile Republican and Democrat voters argue with each other while our Ruling Class of politicians and their cronies laugh all the way to the bank and to the public trough. What a system! ;-)
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