Tuesday, March 01, 2011

Business


Lefties will never understand the nature of business. Brilliant short definition by Charles Koch in WSJ : "The purpose of business is to efficiently convert resources into products and services that make peoples lives better. Businesses that fail to do so should be allowed to go bankrupt rather than be bailed out." The nature of politicians is always to play ‘winners and losers’, with ‘winners’ being the most vocal or biggest contributor. Again Charles Koch “Our elected officials would do well to remember that the most prosperous countries are those that allow consumers - not government - to direct the use of resources. Allowing the government to pick winners and losers hurts almost everybody, especially our poorest citizens.”

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