Dec 17, 2007

Kevin Duffy on the modern-day protection racket

Politicians are the modern-day equivalent of snake oil salesmen. The Democrats sell the scam that the less fortunate can live at the expense of the productive. The Republicans sell the scam that they will protect the productive from the Democrats. And they both sell the scam that they will protect us from imminent attack by envious freedom-hating fanatics willing and able to cross an ocean just to do us harm.

~ Kevin Duffy, Bearing Asset Management, December 17, 2007

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