"I wish we would have made the language tighter. I was aware at the time that it wasn't as clear and direct as I would have liked it," says Rep. Henry Waxman (Mommy Party - CA). "And to find now that it might be used for extravagant pensions or bonuses or dividends or any other purpose is inconsistent with what Congress intended."
Please add Brother Henry Waxman to your prayer lists, as we all wish him a speedy recovery.
Now please stand for this month's reading from the Gospel According to Saint Thomas, in which we gather here to read words by, or about economist Thomas Sowell, who is the smartest man in the world now that Milton Friedman is dead:
"Economics is a study of incentives and their consequences, not intentions and their goals."
"What counts in assessing a social or economic policy is not the stated intentions of promoters, but the incentives created and the actual end results produced"
"Economics is a study of cause and effect, not intentions and hopes."
I invite the congregation, during our moment of quiet time, to compare and contrast the statements of Brother Waxman and Saint Thomas.
You may be seated.
At the close of our services, after you have repented of your addiction to bailouts, subsidies, quotas, and giveaways, after you have dropped your opposition to NAFTA and stopped supporting rent control, and basically gotten right with God, I invite you to cautiously visit this site, at http://tsowellusa.ytmnd.com/ . If you have speakers on your computer, turn them up.
Please remember that Saint Thomas is not divine. He is, of course, saintly but not godlike. We violate the First and Second Commandments when we set up online shrines and altars to someone who is, according to rumors, human.
Next week our guest speakers will be a group of missionaries who are trying to put a copy of Saint Thomas's "Basic Economics-3rd edition" on the nightstand of every room in every Motel 6 in the United States.
You are dismissed.
2 comments:
I'm on the Sowell Train! Ninety minutes of the hippest trip in America...
(theme starts)
Sowell trains a' comin... Sowell trains a' comin...
...You say "socialist" like it's a bad thang!
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