David Thomson
2007-10-05 09:17:23
Joseph Schumpeter warned over five decades ago that the capitalist system might be betrayed by those who are its greatest beneficiaries. The wealthy leftist “hip and with it” elites of today are a quintessential example of this phenomenon. Many Republican business people have become cynical and are opting to get onto the welfare recipient bandwagon. Pushing health care costs onto the government saves them a lot of money. Finally, one should not overlook the huge amounts of money available for those who become global warming fanatics. It totals in the billions. It is also humorous to watch Americans enraged over a proposed $250,000,000 bridge to nowhere—while at the same time far more money is wasted on global warming hysteria.
