Re: Ron Paul on Subprime
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"unelected bureaucrats . . . have no self interested motivations at all, right?"
One would expect they'd be less "self interested" than elected politicians who have to justify themselves before their constituency in order to be reelected. I note that in Senator Craig's resignation speech he used the word "Idahoans" quite a few times. He got reelected as many times as he did not because he had less self interested motivations than unelected faceless bureaucrats, but rather because he had more.
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If the politicians have to be reelected then perhaps there will be a community of interest with there electorate.
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