3.29.2005

Quintessential MaxSpeak

From Max himself:

Under socialism, the government takes into its hands the means of production, assuming ownership of capital assets. This control has within it a great capacity for mischief, in the likelihood of distorting the disposition of the Nation's productive assets to diseconomical ends.

Under the George W. Bush Excellent Privatization Plan for Social Security, the Government borrows money and purchases capital assets on your behalf, selecting how much of each asset you will buy, dictating the process whereby your portfolio is transformed from equities to bonds to an annuity, charging you a stiff interest cost for the purchase, gutting what remains of your public pension, and guaranteeing you a feeding tube until the Lord calls you home. This is far superior to socialism, since you will be unconscious during the entire process.
Max always gets my award for making economics uh... sexy. That's the word.