Capitalist Fortune Cookie?

Yesterday I cracked open a fortune cookie that read:

"A fine is a tax for doing wrong. A tax is a fine for doing well."

-1 for Socialism

Another lesson on the pitfalls of socialism / nationalizing private business:

Fannie, AIG Struggling After Federal Takeover on washingtonpost.com

Though we could have predicted that by looking at history. How about we work on privatizing more government programs instead and letting competition work. Potentially painful? Yes. But the markets have a better chance of picking the best solution than the government, which seems to specialize in putting down layers of ineffective inefficiencies.

Revive Reagan!

No, not Republicans that just say they're like Reagan, we really need somebody like this to emerge strongly in 2012:

Karl Marx is Not the Father of Capitalism on townhall.com
Inside Ronald Reagan on reason.com

Beck on the Bailout

Like many, I'm trying to get a handle on the bailout and the economic mess that led to it. Here's a synopsis that I like so far:

Glenn Beck: What happened?
Glenn Beck: What's Coming
Glenn Beck: What Can I Do to Prepare? (all 3 are good, but wow this one is awesome!)

And some more great thoughts on the state of the economy:

Commentary: Get ready for more economic trouble ahead