September 30, 2008
Afternoon Snark

Probably not entirely fair--so my apologies in advance--but here goes:

Asking Washington pols to solve the financial market crisis is akin to asking an arsonist to put out his fire.

Posted by E. Frank Stephenson at 02:43 PM in Misc.

The statesman who should attempt to direct private people in what manner they ought to employ their capitals would not only load himself with a most unnecessary attention, but assume an authority which could safely be trusted, not only to no single person, but to no council or senate whatever, and which would nowhere be so dangerous as in the hands of a man who had folly and presumption enough to fancy himself fit to exercise it. -Adam Smith

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