Wednesday, April 30, 2008

American Democracy Versus The American Democrat

Years ago, H.L. Mencken noted that "every election is a sort of advance auction of stolen goods." Since then, the tendency for electoral politics to undermine property rights has grown exponentially. For example, current presidential candidates treat it as a bragging point to claim that the shower of benefits they promise is "paid for," even though that payment steals other people’s property, backed by government’s coercive power.T[...]

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[Source: The Money Blogs]

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