Moral Hazzard No one would dispute that too much power imperils liberty. Liberals, however, who support Obama and government intervention to solve all problems or facilitate all desires can’t admit this fact. A little devil called moral hazard ( supported by big government) waves his little pitchfork to celebrate government handouts, subsidies, food cards, grants, rebates and excuses that truly rob individuals of freedom to make personal decisions, even to sometimes fail. True liberty affords a person the ability to make wise, responsible economic and moral decisions. But the power government wields to shape people’s daily lives is awesome in its destructiveness. To ‘neither a borrower or a lender be” is advice left to Shakespeare on paper not to be heeded in these troubled times.