Other People’s Money

I believe it was Margaret Thatcher who said that the problem with socialism is that eventually, you run out of other people’s money. Mary Katharine Ham reminds us how fast that can happen, as she responds to Michael Moore’s suggestion that rich people’s money is a national resource, and we should solve the country’s budget problems by confiscating it:

Moore is a uniquely despicable human being. To find out how despicable, read the chapter on him in Peter Schweizer’s excellent book, Do As I Say, Not As I Do.
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