Business

Shredding Your Safety Nets

By Gary North / LewRockwell.com
Modern man believes in government-funded safety nets. He thinks that other taxpayers can and should be taxed to bail out those taxpayers who make bad economic decisions, so long as those taxpayers being bailed out are people like themselves. They don't want bailouts for bankers, and they don't want bailouts for people who got into no-money-down mortgages to buy in neighborhoods "above their station."
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Posted by Editor at July 1, 2009 08:21 AM