Martin Wolf of the Financial Times castigates the American House of Commons for rejecting Paulson's totalism. In doing so, Wolf essentially argues, that if we don't become more collectivist, we will end up with unimaginable horrors like another Hitler:

"It is just over three score years and ten since the Great Depression. Judged by its rejection of the plan put forward by Hank Paulson, US Treasury secretary, Congress believes it is time to risk another one. That slump was, arguably, the greatest catastrophe of the 20th century: it was, among other things, responsible for the events that led to the second world war – not least Hitler's rise. One can only imagine what horrors a depression might bring now?"

Libertarians argue in the alternative. First, the Depression was prolonged by government interventions like the Paulson plan, see Rothbard. Second, by prolonging the Depression with failed government interventions, calls were made by respective populations to bring in strongmen like Hitler and Roosevelt to solve the crisis. Both these men pushed hard for total war. Third and finally, in the case of Germany, Hitler's rise was a cataclysmic end to Germany's affair with socialism. As Hayek rightly admonished both the British and Americans, it is the adherence to the collectivist ideologies of fascism, socialism, and communism, which ultimately end in a totalitarian nightmare.

Rejection of the Paulson plan is a rejection of the state's total control of U.S. financial markets. How can it be that the rejection of total control is responsible for bringing about total control? Christ gives an illuminating answer:

"But when the Pharisees heard this, they said, 'This man drives out demons only by the power of Beelzebul, the prince of demons.' But he knew what they were thinking and said to them, 'Every kingdom divided against itself will be laid waste, and no town or house divided against itself will stand. And if Satan drives out Satan, he is divided against himself; how, then, will his kingdom stand? And if I drive out demons by Beelzebul, by whom do your own people drive them out? Therefore they will be your judges. But if it is by the Spirit of God that I drive out demons, then the kingdom of God has come upon you.'"