Monday, November 17, 2008


It is fair to say that the purpose of pursuing power is to eliminate competition, not to create it.

This is why when I hear George W. Bush defend "free-market enterprise" I can only conclude he likes these words so much that he has appropriated them to describe his economic philosophy, characterized as it is by government advocacy for his own concerns.

I imagine that when Hu Jintao does the same in China, he calls it "socialism."

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