Anyway, when I discuss politics, I try to do so by relying upon intrinsically true cosmic principles that can have no expiration date. One such principle -- from which all other political principles must flow -- is that all men are created equal, that they are endowed by their Creator with certain unalienable rights, and that among these are life, liberty, and the pursuit of happiness. Once you reject this principle, all kinds of political mischief follow.
All people are not created with equal abilities or opportunities to pursue happiness and achieve the successes that Gagdad and many others of similar persuasion naively (or disingenuously) say we are. And I believe that when we reject this obvious fact, all kinds of political and economic mischief follow. I agree that people who are struggling should do more to help themselves to succeed. But I also agree that government can play more of a legitimate role in empowering people to do this. Gagdad, with all his intellectual brilliance and education, may not need much of this kind of help. But not all of us are "created equal" to Gagdad Bob.
10 Sunday Reads - My easy like Sunday morning reads: • Machines Are Encroaching on Bond Markets’ Last Line of Resistance (Bloomberg) see also ETFs are the New Bond Kings (...
51 minutes ago