I fear most Americans have been conditioned to look to the Nanny State to protect them from the consequences of their own bad choices. Those who embrace this will find an Obama presidency much to their liking, and won't be too troubled by a McCain administration. Unfortunately, those of us who still believe in personal responsibility and self-reliance don't have much to look forward to.
Tuesday, September 16, 2008
In the wake of the current financial crisis, I was on the phone with my mother's bank in Easely SC yesterday, discussing changes to insure her life savings were fully FDIC insured. Such guarantees are a proper role for government. Bailouts of Fannie Mae and Freddie Mac are not.
The problems with this go far beyond the massive debt that every American must now bear. It's the attitude that government should make possible everthing we need or want that led to our current crisis. Former Senator Fred Thompson, writing on TownHall.com, distills the problem. The highights are mine.