Alan Greenspan Quotes:
Ocupation: Economist
Life: b. March 6, 1926
Birthday: March 6
Stripped of its academic jargon, the welfare state is nothing more than a mechanism by which governments confiscate the wealth of the productive members of a society to support a wide variety of welfare schemes.
source: "Greenspan’s Testimony: Will the ‘Maestro’ Face the Music?" by Richard (RJ) Eskow, www.huffingtonpost.com. June 5, 2010. 
topic: Government, Support, Political, Welfare State, Deficit Spending
