The Spendthrift State & the Public’s Burden
Posted in Main Blog (All Posts) on October 27th, 2010 4:31 am by HL
The Spendthrift State & the Public’s Burden
Neil Reynolds, Globe and Mail
In discussing the principle of government debt, 18th-century Scottish philosopher and historian David Hume took his lead from the ancient world. For the Athenians, the Macedonians, the Egyptians, the Romans and, especially, the frugal Spartans, he said, it was customary for governments to set aside treasure in peacetime so they wouldn’t need to raise taxes or borrow money in times of disorder, confusion or war. In a sense, this made him an early Keynesian – though a Keynesian who preferred to pile up financial reserves in the good times rather than pile up debt in the bad.
The Coming Political Tsunami
Ed Koch, RealClearPolitics
I predict a Republican victory of tsunami proportions on November 2nd.For the last six months in various public forums, I have said that Republicans will take both the House and Senate. Most political observers, citing statistics from various states, continue to say that, while it appears certain that the House will go Republican, there are too few Senate seats in play for a Republican takeover. Further, many pundits state that Democrats will preserve their control of the Senate because the Republican Party has undermined itself by fielding whacko and semi-whacko candidates from the…
Ask Molly Norris About Religious Tolerance
David Harsanyi, Denver Post
No question. We're surrendering to religious intolerance. Just not the imaginary religious intolerance many would have us believe.After 9/11, we stressed the distinction between Muslims and extremist Muslims who were driven by an ideological strain of orthodoxy that prioritizes atomizing the infidel. But we all conceded that those terrorists were Muslims, nonetheless. It's a fact. Receive news alertsToday, even broaching the topic of religious affiliation can send (almost all) the dolts on “The View” scattering for cover. To some folks, any whiff of critical discussion on…
