Tell Me, Was It Worth It?

Stacy of The Other McCain went to a book talk by Johan Norberg, author of Financial Fiasco: How America’s Infatuation with Home Ownership and Easy Money Created the Economic Crisis. He interviewed Mr. Norberg for The American Spectator:

Norberg said the TARP bailout would have the perverse effect of encouraging lenders and other financial institutions to engage in the same kinds of risky behaviors that led to last year’s meltdown.
“If bankers make stupid mistakes and we bail them out, it encourages them to take big risks in order to make short-term gains, knowing that if they lose out, they can always send the bill to the taxpayers,” Norberg said…

I’ve always said that the greed and avarice of liberals combined with backroom marxism is what set up the perfect storm of the 2008 election. What better way to tank America than to elect a puppet – reminiscent of Dauphins – that are easily controlled by various and sundry Richelieus pulling strings from behind lace curtains?

Is it worth it? Was one election worth it? Hello? Bueller? Bueller?

Look! A Memeorandum thread!

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