A few days ago, Kurt posted on this speech by Daniel Hannan. I agree that it’s brilliant, in how much it packs into a short space.
Kurt’s angle was, Who are our Hannans? But I would like to get into the substance of what Hannan said.
You may disagree, but I find that any of Hannan’s major points (summarized below) could be expanded into a worthy discussion.
- The 2008-9 bailouts, and the money-printing which continues today (another form of bailout), are an ethical crime. In effect, they transfer wealth from the poor and middle class to the largest banks.