Thursday, October 20, 2011

The implication here is that as long as you are a good person, you succeed. Who is going to guarantee that? Who is going to decide how nice you are? Who is going to decide what is meant by “fair” share? Obama will. Or some Politburo. not the market.

Barack Obama and Karl Marx - Keith Koffler/White House Dossier

...Who says it’s a bad practice for banks to make money by charging fees? Who says banks have to lend? Obama? Not the market, evidently, because they’re sitting on their cash....

The hostility Obama has to profit and to the means of achieving it – and his insistence that everyone be rewarded merely for trying hard while being “responsible” to the community and contributing their “fair share” – all stems from his embrace of “value” over “use-value.” He fails to appreciate market economics and the good it ultimately brings, even if it’s not always fair or pretty....