November 28, 2008

The Real Ford Position on Bailouts

Posted by Lew Rockwell on November 28, 2008 08:29 PM | Post a civil, substantive, and intelligent comment

Thanks to Kevin Duffy for a reminder of what the great entrepreneur Henry Ford said on February 11, 1934: “Let them fail; let everybody fail! I made my fortune when I had nothing to start with, by myself and my own ideas. Let other people do the same thing. If I lose everything in the collapse of our financial structure, I will start in at the beginning and build it up again.”

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