John Fund Quote

“One Blue Dog Democratic House Member reminded me earlier this month of the saying that 'insanity is doing the same thing over and over again and expecting different results.' He wondered if his fellow Members weren't more in need of advice from psychiatrists than from economists at this point.”

~ John Fund

Wall Street Journal Online, Jan. 23, 2009
http://online.wsj.com/article/SB123268029210209143.html

Ratings and Comments


Mike, Norwalk

LOL, I like it a lot. A very accurate observation.

J Carlton, Calgary

Insanity and Keynsian Economics are one and the same.

jim k, Austin, Tx

The only way to explain liberalism is that it must be a mental disorder.

Mann, Kalamazoo

Great quote, but it tends to direct one's attention away from several parallel, salient points, leaving the bulk of the 'blame' for our economic travails on Congress. First, it's not Capitol Hill needing psychiatric attention. Those crud are merely responding to the elemental requirements of their REAL constituency - the relatively few people found under one title: Big Money. The 100+ millions of ordinary citizens who keep returning these same feather-bedding bums to Washington are the ones needing psychiatric evaluation. Next, D.C. profligacy reflects precisely the personal economic habits of ordinary citizens, to the nth degree. They mirror us. In spite of the awful conditions, non-mortgage related personal debt just reached an all-time high. Citizens also fail to understand and engage the realities and terrible expense of an ever-expanding, U.S. global military imperative - strategy that has nothing to do with genuine national security. Self-named by the PNAC as "Pax Americana", it's active, monetarily ruinous pursuit of hegemony. The same lack of public understanding is encountered when it comes to exponentially expanding, domestic prison/police/surveillance state realities. It's a truly crazy, wtf situation constantly trivialized by media, king pimp of "election" tragedies ... sigh.

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