Bailing out people who made ill-advised mortgages makes no more sense that bailing out people who lost their life savings in Las Vegas casinos.

Deep thinkers who look everywhere for the mysterious causes of poverty, ignorance, crime and war need look no further than their own mirrors. We are all born into this world poor and ignorant, and with thoroughly selfish and barbaric impulses. Those of us who turn out any other way do so largely through the efforts of others, who civilized us before we got big enough to do too much damage to the world or ourselves.

Has Obama ever grown even a potted plant, much less a business, a bank, a hospital or any of the numerous other institutions whose decisions he wants to control and override? But he can talk glibly about growing the economy. Arrogance is no substitute for experience. That is why the country is in the mess it is in now.

Some people say that taxes are the price we pay for civilization. But the runaway taxes of our time are the price we pay for being gullible.

One of the most basic and pervasive social processes is the sorting and labeling of things, activities, and people... Sorting and labeling processes involve a trade-off of costs and benefits. In general, the more finely the sorting is done, the greater the benefits - and the costs... Sorting and labeling, whether of people or of things, is a sorting and labeling of probabilities rather than of certainties.

It is a way to take people's wealth from them without having to openly raise taxes. Inflation is the most universal tax of all.

The poor are the very lifeblood of the left, attracting activists, supporting among the intelligentsia, and - perhaps most important - allowing the left to indulge in self-congratulation as people who 'care.' But, if they really cared, they would want to know what the facts are and what the actual consequences of their various nostrums are.