Monday, January 13, 2014

ordain their fraudulent schemes as lawful

The most skilled and ambitious con artists, therefore, gravitate toward politics.  Why would they not?  There, these scammers not only have much looser reins to act as (quoting Mr. Surowiecki) “greedy hucksters who sell us dreams that never come true” (remember Solyndra?), they also – because through the fiat of legislation they themselves ordain their fraudulent schemes as lawful – enjoy the added benefit of seldom being exposed as the shysters that they are.
Politics is truly the perfect con game.
Donald J. Boudreaux
Professor of Economics


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