Oscar

who is chatting on SOLO Chat

What should the government do about ailing financial institutions?

Nothing, except to back off and get out—as any Objectivist knows, intervention is treating the disease with the disease

85%

Intervene judiciously—enough to avert a catastrophe that is otherwise imminent

Intervene massively—as it's doing

Nationalize the whole economy and be done with it. Bring on the USSA!

Something else (specify)

Total votes: 55

Basic Economics by Thomas Sowell

Economics In One Lesson by Henry Hazlitt

Real Name: Oscar Smit
Description: Born in Holland in the 70's, and airlifted to New Zealand in the early 80's by slightly left-leaning parents searching for space and freedom. I grew up largely in small town NZ (Katikati and Waihi) before attending University and Polytech in Hamiltron. Raised by atheist parents, I am proud to carry on the tradition of disbelief and skepticism which in my case also extends to AGW, peak oil, current whack-job interpretations of the Treaty, and pretty much anything the UN says. My wife and I are currently working on moving to small(er) town South Island as this seems to be the last bastion of New Zealand as many think of it.