Economy

Perverse thoughts

I've recently subscribed to Victor Davis Hanson's feed after seeing him constantly quoted in some of the other blogs I read. I appreciate his ability to succinctly summarize some of the same problems I keep running into:

I do not understand at all this going into debt for almost another trillion dollars, and then immediately promising to balance the budget soon (like blowing off your foot near an emergency room), or how “stimulate” differs from “borrow”, or why the more noble victim is the one who sought to borrow too much for too much house and then defaulted, rather than he who chose to borrow less for less house and paid his mortgage on time each month and now subsidizes the less responsible. (The former apparently will still have the larger house, the latter the smaller.)

That from Perverse Thoughts About This Perverse Recession, which I recommend in its entirety.

We live in interesting times.

Sig

Destimulation

This is where a large federal government takes you. This is where you go when you say that nothing is beyond the reach or responsibility of the national government. It's why we had a federal system in the first place. It's not robbing Peter to pay Paul; it's robbing Peter and Paul to fund community-based law enforcement initiatives to prevent robbery.

Leadership FAIL.

It's like he's somehow beyond performing mere senatorial duties because of his higher calling to run for the presidency.

Syndicate content