Tuesday, March 24, 2009

Advance auction of stolen goods

I don't have time to google it now, but I think it was DeTocqueville who described elections as an 'advance auction of stolen goods' - a quote that is certainly enjoyed to this day by classical liberals.

I wonder what he'd have made of the Public-Private Investment Programme, eh?

Privatised profit and socialised debt.....

1 comment:

The Plump said...

It was H. L. Mencken