Be Very Afraid

May 7, 2009

In his column, White House Puts UAW ahead of Property Rights, Micheal Barone tells a spooky story.

I can hear some first stage (credit Thomas Sowell) thinkers say, “That’s good. The workers deserve it and the bondholders are just rich money grubbers trying to get richer at the expense of the workers.”

The second order thinkers may better understand as robbery that can have bad consequences.

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