posted by dennisn on November 14th, 2008 at 11:16AM

That's absolutely true.

Although, even if MY money would somehow have been given to companies that magically utopianly could have managed the funds, it still would have been wrong. Only I have the right to choose where to invest the sweat of my brow. And it's this point that NOBODY addresses. Even though it is the very *cause* of the problem, (if people were given freedom--a choice, nobody would be complaining today; I wouldn't, since I wouldn't have lost any money. and the investors wouldn't, since they would have voluntarily taken the risk, and could reasonably expect a nice rate of return (including, possibly, more secure pensions, etc)).

But people apparently don't want to give other people freedom. If their personal life raft has a hole and is sinking, they would rather puncture holes in all their neighbour's life rafts, to force everyone to work together--maybe to join all the broken rafts into a single large floating wreck. To hell with respecting individual rights. Fuck you Flanders! *MY* BOAT IS SINKING.

Moreover, we can't ignore the fact that they didn't simply and responsibly borrow the money from taxpayers (intending to return it soon after the markets stabilize). They blindly magically invented more money!? The very idea of inflation is at the core of this problem, and NOBODY is addressing it. So long as inflation is legal, governments can pay for whatever the fuck they want using their magic money. Why are we allowing government to erode money?

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