After any news appearance, I torment myself by watching the clip and telling myself I should have said something differently or raised a different point.
But I’m actually happy with this appearance on Fox Business News because I (hopefully) explained the difference between wealth that is honestly accumulated and loot that is obtained through government coercion.
I also am pleased when I get to use the line about “capitalism without bankruptcy is like religion without hell.” One of the reasons I loathe bailouts is that such corrupt practices discredit capitalism.
If the Occupy Wall Street folks actually understood the difference between capitalism and cronyism, there’s a chance they might join the right side.
