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Title: Jim McDermott (D, WA-07), translated into English. View count: 1574 Rating: 4.428571 (7 ratings) Description: For some bizarre reason, Rep. Ellison thought that it was a *good* idea to get McDermott's opinions on the public option on the public record. Who am I to pass up such an opportunity? http://www.discoverthenetworks.org/individualProfile.asp?indid=1199 Gresham's Law: "Bad money drives out good." It's a common problem in any system where one competitor for resources has coercive powers and the others do not. Conservatives handle this by punishing abuse of the coercive power; libertarians wish the coercive power removed altogether; and liberals don't understand why this is automatically a problem, at least when they control the competitor. Tags: gresham's law, jim mcdermott, public option, Author: MoeLaneIII |
