Comments on: Is this what socialism means? http://vinofictions.com/2008/12/22/is-this-what-socialism-means/ the blog that proves "in vino veritas" Tue, 22 May 2012 08:57:54 +0000 http://wordpress.org/?v=2.2.1 By: Thomas http://vinofictions.com/2008/12/22/is-this-what-socialism-means/#comment-3123 Thomas Tue, 23 Dec 2008 20:07:57 +0000 http://vinofictions.com/2008/12/22/is-this-what-socialism-means/#comment-3123 <p>I do hope that the ashes can create a phoenix, and not one that relies on the government. </p> <p>Of course, the budget is just a proposed one--anything can happen between now and when the NY legislature is once again late making a budget decision.</p> <p>Never underestimate the power of lobbying.</p> I do hope that the ashes can create a phoenix, and not one that relies on the government.

Of course, the budget is just a proposed one–anything can happen between now and when the NY legislature is once again late making a budget decision.

Never underestimate the power of lobbying.

]]> By: Jeremy http://vinofictions.com/2008/12/22/is-this-what-socialism-means/#comment-3121 Jeremy Tue, 23 Dec 2008 16:12:52 +0000 http://vinofictions.com/2008/12/22/is-this-what-socialism-means/#comment-3121 Nice post, I couldn't agree more. One of the problems with government intervention is that it skews and distorts incentives while crowding out private capital. The Foundation had no incentive to become self sustaining, or, to seek alternative funding sources, while it was feeding at the public trough ad infinitum. Perhaps through some creative destruction this organization--and others facing a similar fate--can come back in a more sustainable and viable form. J Nice post, I couldn’t agree more. One of the problems with government intervention is that it skews and distorts incentives while crowding out private capital. The Foundation had no incentive to become self sustaining, or, to seek alternative funding sources, while it was feeding at the public trough ad infinitum. Perhaps through some creative destruction this organization–and others facing a similar fate–can come back in a more sustainable and viable form.

J

]]>