In his book “Capitalism and Freedom” (1962) Milton Friedman (1912-2006) advocated minimizing the role of government in a free market .
Milton Friedman – (CLASSIC! why socialism fails/ Obama is the Problem / Donahue smackdown)
An excerpt from an interview with Phil Donahue in 1979.
THIS IS A MUST SEE!!
1. Excellent smackdown of Donahue (not that hard with an intelectually unarmed liberal)
2. BINGO! on political appointees towards the second half. He just nails why Obama appointed Hillary, and the rest of the beltway insiders.
3. DOUBLE BINGO! on capitalism creates prosperity and why Obama’s plans are 100% guaranteed to fail. Obama is 100% clueless and history is going to spank him.
4. Notes it is the INDIVIDUAL who makes prosperity the government does nothing to create prosperity.
Milton Friedman is rolling, rolling, in his grave…
For more of his FANTASTIC interviews- go here:
http://miltonfriedman.blogspot.com/
My favorite quote from Friedman.
“If you put the federal government in charge of the Sahara Desert, in 5 years there’d be a shortage of sand.”
Milton Friedman was such a great spokesman for the free market. I bet he would be raising hell about these government bailout and stimulus programs.
I really do find it ironic that rich liberals like donahue, who have made their millions from OUR FREE ENTERPRISE CAPITALIST SYSTEM, calling for socialism/communism. Maybe it’s because they’re rich they feel important and if everyone else were rich there’s no more need for their “importance.” So rich liberals need big government to eliminate competition and keep everybody else down for them. Just like in Friedman’s Program on Labor Unions.
Big Government: The Labor Union For Rich Liberals.