3.21.2009

Well said; well reasoned

John Stossl, perhaps the most famous libertarian in the nation, recently did a fairly extensive interview with Reason magazine. It is definitely worth a read, especially with all the bailout and budget madness going on.

An excerpt:
reason: What do you think of the bailout mania that’s sweeping the country?

John Stossel: I think it’s disgusting. They keep saying everybody agrees that we have to bail these people out and the feds have to spend trillions of your tax dollars guaranteeing this and that. It’s just so irresponsible. We’ve got a $35 trillion Medicare liability already that they’re not facing. Now they’re going to throw more trillions of dollars to stop this recession, like we’re not allowed to experience any pain in America. There are recessions. There are booms and busts. Bubbles have to pop.