• Abdicate and Disappear

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    Tom, the GOP is disappearing at light speed, but Bush-Cheney are still around.

    Why don’t they abdicate? The Democrats have done just as much to destroy the economy as the Republicans, so why not let them run the show? President Pelosi can shut down the stock exchanges. Then she can declare a bank holiday.

    In March 1967, at a FEE seminar in Irvington-On-Hudson, New York, I heard Ludwig von Mises answer in person the question that was so often addressed to him: “You’re so critical of all these politicians, what would you do if you had all the power you needed to make things right?”

    He answered, “I’d abdicate.”

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    8:23 am on October 11, 2008
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